In yesterday’s Wall Street session, Yum China Holdings Inc (NYSE:YUMC) shares traded at $44.80, down -0.84% from the previous session.
As of this writing, 30 analysts cover Yum China Holdings Inc (NYSE:YUMC). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $72.80 and a low of $43.60, we find $62.06. Given the previous closing price of $45.18, this indicates a potential upside of 37.36 percent. YUMC stock price is now -12.80% away from the 50-day moving average and -21.46% away from the 200-day moving average. The market capitalization of the company currently stands at $18.53B.
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There are 2 analysts who have given it a hold rating, whereas 23 have given it a buy rating. Brokers who have rated the stock have averaged $61.39 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 bought 14,000 shares of the company’s stock on Nov 22. The stock was bought for $647,615 at an average price of $46.26. Upon completion of the transaction, the Chief Executive Officer now directly owns 269,144 shares in the company, valued at $12.06 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 21, General Manager, KFC Wang Warton sold 3,975 shares of the business’s stock. A total of $185,961 was realized by selling the stock at an average price of $46.78. This leaves the insider owning 5,108 shares of the company worth $0.23 million. Insiders disposed of 3,932,363 shares of company stock worth roughly $176.17 million over the past 1 year. A total of 3.11% of the company’s stock is owned by insiders.
Friday morning saw Yum China Holdings Inc (NYSE: YUMC) opened at $44.93. 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 $17.66B, which is based on a 24.13 price-to-earnings ratio, a 0.67 price-to-earnings-growth ratio, and a beta of 0.49. The fifty day moving average price for YUMC is $51.15 and a two-hundred day moving average price translates $56.96 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 $0.59, missing analysts’ expectations of $0.67 by -0.08. This compares to $0.54 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 $2.91 billion for the quarter, compared to $2.69 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.53 percent. For the current quarter, analysts expect YUMC to generate $2.4B 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.
