Can Yum China Holdings Inc (YUMC) stock recover despite sales dropping?

In yesterday’s Wall Street session, Yum China Holdings Inc (NYSE:YUMC) shares traded at $43.14, down -1.19% from the previous session.

31 analysts cover Yum China Holdings Inc (NYSE:YUMC), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $77.85 and a low of $43.60, we find $62.60. Given the previous closing price of $43.66, this indicates a potential upside of 43.38 percent. YUMC stock price is now -18.52% away from the 50-day moving average and -25.39% away from the 200-day moving average. The market capitalization of the company currently stands at $17.98B.

The stock has received a hold rating from 2 analysts and a buy rating from 23. Brokers who have rated the stock have averaged $62.64 as their price target over the next twelve months.

With the price target enhanced from $65.78 to $71.30, Jefferies Upgraded its rating from Hold to Buy for Yum China Holdings Inc (NYSE: YUMC).

In other news, Wat Joey, Chief Executive Officer sold 95,171 shares of the company’s stock on May 11. The stock was sold for $5,894,521 at an average price of $61.94. Upon completion of the transaction, the Chief Executive Officer now directly owns 317,926 shares in the company, valued at $13.72 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 10, Chief Executive Officer Wat Joey sold 2,800 shares of the business’s stock. A total of $173,422 was realized by selling the stock at an average price of $61.94. This leaves the insider owning 256,723 shares of the company worth $11.08 million. Insiders disposed of 6,224,835 shares of company stock worth roughly $268.54 million over the past 1 year. A total of 3.11% of the company’s stock is owned by insiders.

On Thursday morning Yum China Holdings Inc (NYSE: YUMC) stock kicked off with the opening price of $43.89. During the past 12 months, Yum China Holdings Inc has had a low of $41.48 and a high of $64.70. As of last week, the company has a debt-to-equity ratio of 0.31, a current ratio of 1.59, and a quick ratio of 1.42. According to the stock market information, the enterprise value for the company is $17.12B, which is based on a 23.24 price-to-earnings ratio, a 0.64 price-to-earnings-growth ratio, and a beta of 0.53. The fifty day moving average price for YUMC is $52.94 and a two-hundred day moving average price translates $57.82 for the stock.

The latest earnings results from Yum China Holdings Inc (NYSE: YUMC) was released for Sep, 2023. According to the Restaurants Company, earnings per share came in at $0.47, beating analysts’ expectations of $0.46 by 0.01. This compares to $0.20 EPS in the same period last year. The net profit margin was 7.41% and return on equity was 12.06% for YUMC. The company reported revenue of $2.65 billion for the quarter, compared to $2.13 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 24.72 percent. For the current quarter, analysts expect YUMC to generate $3.06B in revenue.

Yum China Holdings Inc(YUMC) Company Profile

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, which sells electronics, home and kitchen accessories, and other general merchandise, as well as fried rice, steak, and pasta; and offers online food deliver services. Yum China Holdings, Inc. was incorporated in 2016 and is headquartered in Shanghai, the People’s Republic of China.

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