YUM CHINA(YUMC)
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Yum China (YUMC) Upgraded to Buy: What Does It Mean for the Stock?
Zacks Investment Research· 2024-04-24 17:01
Yum China Holdings (YUMC) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a c ...
Exploring Analyst Estimates for Yum China (YUMC) Q1 Earnings, Beyond Revenue and EPS
Zacks Investment Research· 2024-04-24 14:21
Analysts on Wall Street project that Yum China Holdings (YUMC) will announce quarterly earnings of $0.66 per share in its forthcoming report, representing a decline of 4.4% year over year. Revenues are projected to reach $2.94 billion, increasing 0.8% from the same quarter last year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a company's e ...
Yum China CEO Joey Wat Releases Annual Letter to Stockholders
Prnewswire· 2024-04-11 11:39
SHANGHAI, April 11, 2024 /PRNewswire/ -- Joey Wat, Chief Executive Officer of Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) released her annual letter to stockholders today together with the Company's 2023 Annual Report. The letter recapped Yum China's strong 2023 results, the Company's enduring commitment to stockholder return, as well as its pioneering innovation capabilities and ambitious plans for continued expansion. "2023 was a landmark year for Yum China, one of o ...
Yum China's Unwavering Commitment to ESG Highlighted in 2023 Sustainability Report
Prnewswire· 2024-04-10 09:00
SHANGHAI, April 10, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that it has published its seventh annual Sustainability Report. The report outlines the Company's achievements and ongoing progress towards its Environmental, Social and Governance (ESG) goals in four focus areas: Environment, Food, People, and Community. Key highlights from the report include: In 2023, the Company inaugurated the first 100% renewable ...
Yum China (YUMC) Declines 38% in a Year: Is the Worst Over?
Zacks Investment Research· 2024-04-01 12:36
Shares of Yum China Holdings, Inc. (YUMC) has declined 37.8% in the past year against the industry’s growth of 4.3%.Despite the fall, the stock is likely to take a U-turn due robust growth plan. This Zacks Rank #2 (Buy) company’s earnings in 2024 and 2025 are estimated to witness growth of 9.5% and 16.3%, respectively.Growth DriversYUMC remains steadfast in its focus on long-term growth, continuously aligning its strategies with a forward-looking vision. On Sep 14, 2023, management unveiled an enhanced RGM ...
Here's Why Yum China Holdings (YUMC) is a Strong Value Stock
Zacks Investment Research· 2024-03-20 14:41
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?Developed ...
Yum China to Report First Quarter 2024 Financial Results
PRNewsWire· 2024-03-19 10:44
SHANGHAI, March 19, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that it will report its unaudited financial results for the first quarter ending March 31, 2024 at 4:30 p.m. U.S. Eastern Time on Monday, April 29, 2024 (4:30 a.m. Beijing/Hong Kong Time on Tuesday, April 30, 2024).Yum China's management will hold an earnings conference call at 8:00 p.m. U.S. Eastern Time on Monday, April 29, 2024 (8:00 a.m. Beijing/Hong Kong Time on Tu ...
Yum China Holdings (YUMC) Just Reclaimed the 20-Day Moving Average
Zacks Investment Research· 2024-03-13 14:36
Yum China Holdings (YUMC) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, YUMC crossed above the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averag ...
Why Is Yum China (YUMC) Up 3.3% Since Last Earnings Report?
Zacks Investment Research· 2024-03-07 17:37
A month has gone by since the last earnings report for Yum China Holdings (YUMC) . Shares have added about 3.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Yum China due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Yum China Q4 Earnings and Revenues Surpass Est ...
Can Yum China (YUMC) Climb 45.39% to Reach the Level Wall Street Analysts Expect?
Zacks Investment Research· 2024-03-06 15:56
Yum China Holdings (YUMC) closed the last trading session at $41.11, gaining 9.8% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $59.77 indicates a 45.4% upside potential.The average comprises six short-term price targets ranging from a low of $40 to a high of $79.20, with a standard deviation of $13.05. While the lowest estimate indicates a decline of 2.7% from the current price ...