Oppenheimer Analysts Reduce Earnings Estimates for Yum China Holdings Inc (YUMC)

Yum China Holdings Inc (NYSE:YUMC) – Research analysts at Oppenheimer dropped their FY2018 EPS estimates for Yum China in a report issued on Thursday, Zacks Investment Research reports. Oppenheimer analyst B. Bittner now forecasts that the company will post earnings of $1.51 per share for the year, down from their previous estimate of $1.60. Oppenheimer also issued estimates for Yum China’s Q4 2018 earnings at $0.19 EPS.

Yum China (NYSE:YUMC) last posted its earnings results on Wednesday, February 7th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.17 by $0.02. The firm had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.15 billion. Yum China had a net margin of 5.64% and a return on equity of 20.59%. The company’s revenue was up 12.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.17 EPS.

Other analysts also recently issued research reports about the stock. Zacks Investment Research raised shares of Yum China from a “sell” rating to a “hold” rating in a research report on Thursday, March 1st. Macquarie started coverage on shares of Yum China in a research report on Wednesday, January 3rd. They set an “outperform” rating and a $55.00 target price for the company. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the stock. Yum China has an average rating of “Buy” and a consensus target price of $44.28.

Yum China (NYSE:YUMC) traded down $0.47 on Monday, reaching $41.43. 3,182,195 shares of the company were exchanged, compared to its average volume of 2,475,065. The firm has a market cap of $15,800.00 and a P/E ratio of 28.97. Yum China has a 12-month low of $25.53 and a 12-month high of $48.75. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.48 and a current ratio of 1.77.

The business also recently declared a Not Available dividend, which will be paid on Wednesday, March 21st. Shareholders of record on Wednesday, February 28th will be issued a $0.10 dividend. This represents a yield of 0.00248200546041201%. The ex-dividend date of this dividend is Tuesday, February 27th. Yum China’s dividend payout ratio is presently 13.99%.

In other Yum China news, insider Danny Tan sold 3,610 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $44.50, for a total value of $160,645.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Riu Sun sold 10,054 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $40.15, for a total value of $403,668.10. Following the transaction, the insider now owns 17,622 shares of the company’s stock, valued at $707,523.30. The disclosure for this sale can be found here. 0.23% of the stock is owned by corporate insiders.

Institutional investors have recently added to or reduced their stakes in the company. Truewealth LLC purchased a new position in shares of Yum China during the 4th quarter valued at approximately $129,000. Goelzer Investment Management Inc. bought a new position in Yum China during the third quarter worth $201,000. Burney Co. bought a new position in Yum China during the fourth quarter worth $202,000. Dimensional Fund Advisors LP bought a new position in Yum China during the second quarter worth $267,000. Finally, Circle Wealth Management LLC lifted its stake in Yum China by 26.9% during the fourth quarter. Circle Wealth Management LLC now owns 7,082 shares of the company’s stock worth $283,000 after purchasing an additional 1,500 shares during the last quarter. Institutional investors own 79.21% of the company’s stock.

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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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