Is Yum China Holdings Inc (NYSE: YUMC) Proving The Doubters Wrong?

Yum China Holdings Inc (YUMC) concluded trading on Thursday at a closing price of $48.00, with 2.9 million shares of worth about $138.98 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 34.83% during that period and on December 05, 2024 the price saw a gain of about 1.89%. Currently the company’s common shares owned by public are about 381.00M shares, out of which, 365.26M shares are available for trading.

Stock saw a price change of 2.61% in past 5 days and over the past one month there was a price change of -0.70%. Year-to-date (YTD), YUMC shares are showing a performance of 13.13% which increased to 17.45% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $28.50 but also hit the highest price of $52.00 during that period. The average intraday trading volume for Yum China Holdings Inc shares is 3.47 million. The stock is currently trading 0.87% above its 20-day simple moving average (SMA20), while that difference is up 2.90% for SMA50 and it goes to 24.62% higher than SMA200.

Yum China Holdings Inc (NYSE: YUMC) currently have 381.00M outstanding shares and institutions hold larger chunk of about 81.67% of that.

The stock has a current market capitalization of $18.23B and its 3Y-monthly beta is at 0.35. PE ratio of stock for trailing 12 months is 21.24, while it has posted earnings per share of $2.26 in the same period. Its PEG reads 1.67 and has Quick Ratio of 1.15 while making debt-to-equity ratio of 0.37. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for YUMC, volatility over the week remained 1.41% while standing at 1.97% over the month.

Stock’s fiscal year EPS is expected to rise by 15.88% while it is estimated to increase by 10.60% in next year. EPS is likely to grow at an annualized rate of 12.74% for next 5-years, compared to annual growth of 1.32% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on November 06, 2024 offering an Overweight rating for the stock and assigned a target price range of between $35.50 and $60 to it. On December 19, 2023, Deutsche Bank Initiated their recommendations, while on September 22, 2023, Jefferies Upgrade their ratings for the stock with a price target of $71.30. Stock get a Buy rating from CLSA on September 15, 2023.

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