|Bid||43.79 x 900|
|Ask||44.48 x 800|
|Day's Range||42.85 - 44.25|
|52 Week Range||30.10 - 48.27|
|Beta (3Y Monthly)||1.22|
|PE Ratio (TTM)||25.42|
|Forward Dividend & Yield||0.48 (1.13%)|
|1y Target Est||N/A|
Creed, who has been with Yum for 25 years, will remain as CEO through the end of 2019. The 62-year-old has held the CEO role since 2015 and executed the 2016 spinoff of Yum China. The company's stock has more than doubled since Creed took the helm.
Yum China (YUMC) delivered earnings and revenue surprises of 13.51% and -2.44%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Yum China Holdings Inc. late Tuesday reported second-quarter earnings and sales that beat expectations, but shares were flat in the extended session as the company said it expected sales growth to "moderate" going forward. Yum China, which operates thousands of KFC and Pizza Hut restaurants in China, said it earned $178 million, or 46 cents a share, in the quarter, compared with $143 million, or 36 cents a share, in the year-ago period. Sales rose 3% to $2.12 billion. Analysts polled by FactSet had expected earnings of 38 cents a share on sales of $2.16 billion. Same-store sales rose 4%, in line with expectations. "Looking forward, we expect overall sales growth to moderate as KFC begins to lap several key sales drivers, including successful value campaigns that we initiated in the second half of 2018," Chief Executive Joey Wat said. "However, we remain confident that our strong foundation and commitment to innovation throughout our business will power continued growth for Yum China." Yum China shares ended the regular trading day down 3%.
Yum China (YUMC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Yum China (YUMC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The U.S. and China continue to trade barbs, and in between the jabs, earnings reports are starting to pour into the markets. The company is set to report earnings at the end of the month. The current price action sets us for a run into earnings.
Yum China (YUMC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Chipotle tested a buy point Monday. Restaurant stocks from Yum Brands to McDonald's to Starbucks are acting well as a solid economy creates a favorable backdrop for dining out.
Improving prospects of a trade deal between the U.S. and China could sharply boost a number of stocks whose companies are heavily dependent on sales from China. Goldman Sachs sees industries ranging from technology and power solutions to gaming and dining benefitting as the world’s two largest economies work to sort out their trade issues and resolve the ongoing trade war, according to Business Insider. Ten of those stocks, along with the percentage of their sales from China, include Yum China Holdings Inc. (YUMC) at 100%, Wynn Resorts Ltd. (WYNN) at 75%, Qualcomm Inc. (QCOM) at 67%, Las Vegas Sands Corp. (LVS) at 62%, Monolithic Power Systems Inc. (MPWR) at 57%, Micron Technology Inc. (MU) at 57%, Qorvo Inc. (QRVO) at 57%, Broadcom Inc. (AVGO) at 49%, IPG Photonics Corp. (IPGP) at 44%, and Advanced Micro Devices Inc. (AMD) at 39%.
Yum China's (YUMC) responsible brand building, strong financial position, menu innovation and digital initiatives continue to aid the stock.
Cracker Barrel (CBRL) continues to gain from robust earnings surprise history, increased focus on menu innovation and consistent unit growth.
Demand for restaurant services depends on consumer spending. In an industry which is getting increasingly reliant on digital and delivery services, four restaurant stocks stand to gain in 2019.