FY2024 EPS Estimates for Yum China Increased by Analyst

Yum China Holdings, Inc. (NYSE:YUMC) – Research analysts at Zacks Research raised their FY2024 earnings per share estimates for Yum China in a note issued to investors on Monday, November 18th. Zacks Research analyst H. Ray now forecasts that the company will post earnings per share of $2.33 for the year, up from their prior estimate of $2.21. The consensus estimate for Yum China’s current full-year earnings is $2.31 per share. Zacks Research also issued estimates for Yum China’s Q1 2025 earnings at $0.83 EPS.

A number of other research analysts also recently weighed in on YUMC. JPMorgan Chase & Co. upgraded Yum China from a “neutral” rating to an “overweight” rating and raised their price target for the company from $35.50 to $60.00 in a research note on Tuesday, November 5th. Citigroup raised shares of Yum China to a “strong-buy” rating in a research report on Monday, September 30th. Macquarie raised shares of Yum China from an “underperform” rating to an “outperform” rating and lifted their price objective for the company from $30.00 to $37.40 in a research report on Tuesday, August 6th. Finally, StockNews.com raised shares of Yum China from a “hold” rating to a “buy” rating in a report on Friday, November 15th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Yum China presently has an average rating of “Buy” and a consensus price target of $51.68.

Yum China Trading Down 0.1 %

Shares of NYSE:YUMC opened at $47.35 on Wednesday. The stock has a market capitalization of $17.98 billion, a PE ratio of 20.87, a price-to-earnings-growth ratio of 1.71 and a beta of 0.36. The company’s 50-day moving average price is $44.15 and its two-hundred day moving average price is $37.29. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.29 and a quick ratio of 1.15. Yum China has a one year low of $28.50 and a one year high of $52.00.

Yum China (NYSE:YUMC) last posted its quarterly earnings data on Monday, November 4th. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.09. Yum China had a net margin of 7.97% and a return on equity of 13.39%. The company had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $3.03 billion. During the same period last year, the company earned $0.59 earnings per share. The firm’s revenue was up 5.4% compared to the same quarter last year.

Yum China Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Tuesday, November 26th will be given a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 1.35%. The ex-dividend date of this dividend is Tuesday, November 26th. Yum China’s payout ratio is 28.32%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. GUARDCAP ASSET MANAGEMENT Ltd lifted its holdings in shares of Yum China by 38.4% during the 1st quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 12,223,942 shares of the company’s stock worth $486,391,000 after acquiring an additional 3,389,987 shares during the period. Massachusetts Financial Services Co. MA lifted its stake in Yum China by 1.0% during the second quarter. Massachusetts Financial Services Co. MA now owns 11,967,353 shares of the company’s stock worth $369,073,000 after purchasing an additional 121,617 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Yum China by 49.6% in the 3rd quarter. Principal Financial Group Inc. now owns 7,865,803 shares of the company’s stock valued at $356,206,000 after purchasing an additional 2,609,494 shares in the last quarter. Mondrian Investment Partners LTD increased its stake in shares of Yum China by 56.3% in the 2nd quarter. Mondrian Investment Partners LTD now owns 4,394,628 shares of the company’s stock valued at $133,203,000 after purchasing an additional 1,582,859 shares during the last quarter. Finally, Waverton Investment Management Ltd raised its holdings in shares of Yum China by 350.7% during the 3rd quarter. Waverton Investment Management Ltd now owns 4,203,087 shares of the company’s stock worth $189,202,000 after buying an additional 3,270,560 shares in the last quarter. Institutional investors and hedge funds own 85.58% of the company’s stock.

About Yum China

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.