Yum China Holdings Inc (NYSE:YUMC) – Investment analysts at Oppenheimer issued their FY2019 earnings per share estimates for Yum China in a research report issued on Thursday, according to Zacks Investment Research. Oppenheimer analyst B. Bittner expects that the company will post earnings of $1.80 per share for the year. Oppenheimer has a “Outperform” rating and a $45.00 price objective on the stock.
A number of other equities analysts have also recently commented on the stock. Citigroup started coverage on shares of Yum China in a research report on Monday, September 18th. They set a “buy” rating and a $51.00 price objective for the company. Zacks Investment Research raised shares of Yum China from a “sell” rating to a “hold” rating in a research report on Friday, November 3rd. Morgan Stanley reissued an “overweight” rating and set a $45.00 target price on shares of Yum China in a report on Monday, October 9th. Macquarie began coverage on Yum China in a report on Wednesday, January 3rd. They set an “outperform” rating and a $55.00 target price for the company. Finally, Instinet reissued a “buy” rating and set a $51.60 target price (up previously from $51.50) on shares of Yum China in a report on Monday, October 9th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and nine have issued a buy rating to the company’s stock. Yum China has a consensus rating of “Buy” and a consensus price target of $44.28.
Yum China (NYSE YUMC) opened at $45.86 on Friday. The company has a current ratio of 1.69, a quick ratio of 1.42 and a debt-to-equity ratio of 0.01. Yum China has a 52-week low of $25.53 and a 52-week high of $46.15. The company has a market cap of $16,831.26, a price-to-earnings ratio of 31.29, a price-to-earnings-growth ratio of 2.37 and a beta of -1.98.
Hedge funds have recently bought and sold shares of the stock. San Francisco Sentry Investment Group CA acquired a new position in Yum China in the second quarter valued at about $157,000. Tower Research Capital LLC TRC acquired a new position in Yum China in the second quarter valued at about $176,000. Goelzer Investment Management Inc. acquired a new position in Yum China in the third quarter valued at about $201,000. Williams Jones & Associates LLC acquired a new position in Yum China in the second quarter valued at about $217,000. Finally, Fayez Sarofim & Co. acquired a new position in Yum China in the second quarter valued at about $218,000. 80.07% of the stock is owned by institutional investors and hedge funds.
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About Yum China
Yum China Holdings, Inc is a restaurant company. The Company’s segments include KFC, Pizza Hut Casual Dining, and All Other Segments, including Pizza Hut Home Service, East Dawning, Little Sheep and Taco Bell. As of December 31, 2016, the Company had over 7,500 restaurants in China. Its restaurant base consists of various restaurant concepts.
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