Yum China (NYSE:YUMC) Stock Rating Upgraded by StockNews.com

by · The Cerbat Gem

Yum China (NYSE:YUMC – Get Free Report) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Friday.

A number of other equities analysts have also recently weighed in on YUMC. Citigroup raised shares of Yum China to a “strong-buy” rating in a research report on Monday, September 30th. JPMorgan Chase & Co. upgraded Yum China from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $35.50 to $60.00 in a research note on Tuesday, November 5th. Finally, Macquarie raised Yum China from an “underperform” rating to an “outperform” rating and upped their target price for the company from $30.00 to $37.40 in a research report on Tuesday, August 6th. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $51.68.

Get Our Latest Analysis on YUMC

Yum China Trading Down 0.0 %

Shares of NYSE YUMC traded down $0.02 during midday trading on Friday, hitting $47.21. The stock had a trading volume of 2,767,677 shares, compared to its average volume of 3,243,275. The company has a quick ratio of 1.09, a current ratio of 1.29 and a debt-to-equity ratio of 0.01. Yum China has a 1-year low of $28.50 and a 1-year high of $52.00. The company has a market capitalization of $17.93 billion, a price-to-earnings ratio of 20.89, a PEG ratio of 1.70 and a beta of 0.36. The company has a fifty day moving average price of $43.61 and a 200 day moving average price of $37.14.

Yum China (NYSE:YUMC – Get Free Report) last issued its earnings results on Monday, November 4th. The company reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.09. The business had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $3.03 billion. Yum China had a net margin of 7.97% and a return on equity of 13.39%. The business’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.59 EPS. On average, analysts predict that Yum China will post 2.31 earnings per share for the current year.

Institutional Trading of Yum China

Several institutional investors have recently modified their holdings of YUMC. Public Employees Retirement System of Ohio bought a new stake in Yum China during the third quarter worth approximately $29,828,000. Groupama Asset Managment acquired a new stake in shares of Yum China during the 3rd quarter valued at $284,000. MML Investors Services LLC boosted its stake in shares of Yum China by 24.7% during the 3rd quarter. MML Investors Services LLC now owns 65,817 shares of the company’s stock worth $2,963,000 after acquiring an additional 13,024 shares in the last quarter. Hodges Capital Management Inc. acquired a new position in shares of Yum China in the 3rd quarter worth $242,000. Finally, Orion Portfolio Solutions LLC acquired a new stake in shares of Yum China during the third quarter worth $533,000. Institutional investors and hedge funds own 85.58% of the company’s stock.

Yum China Company Profile

(Get Free Report)

Yum China Holdings, Inc owns, operates, and franchises restaurants in the People's Republic of China. The company operates through KFC, Pizza Hut, and All Other segments. It operates restaurants under the KFC, Pizza Hut, Taco Bell, Lavazza, Little Sheep, and Huang Ji Huang concepts. The company also operates V-Gold Mall, a mobile e-commerce platform to sell products; and offers online food deliver services.

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