Yum China Holdings (NASDAQ:YUMC) Receives News Impact Score of 0.14

News articles about Yum China Holdings (NASDAQ:YUMC) have trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Yum China Holdings earned a news impact score of 0.14 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.6119821612521 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:

Several analysts recently weighed in on the company. Zacks Investment Research raised Yum China Holdings from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. Morgan Stanley reissued an “overweight” rating and issued a $45.00 price objective on shares of Yum China Holdings in a report on Monday, October 9th. Instinet reissued a “buy” rating and issued a $51.60 price objective (up from $51.50) on shares of Yum China Holdings in a report on Monday, October 9th. Nomura assumed coverage on Yum China Holdings in a report on Monday, October 9th. They issued a “buy” rating and a $51.60 price objective for the company. Finally, Bank of America Corporation reissued a “neutral” rating and issued a $45.10 price objective (up from $41.60) on shares of Yum China Holdings in a report on Friday, October 6th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the company. Yum China Holdings presently has a consensus rating of “Hold” and an average target price of $42.35.

Yum China Holdings (NASDAQ:YUMC) traded up $0.67 during trading hours on Friday, hitting $41.73. The stock had a trading volume of 1,360,000 shares, compared to its average volume of 2,831,975. Yum China Holdings has a 52 week low of $25.50 and a 52 week high of $43.55.

Yum China Holdings (NASDAQ:YUMC) last posted its earnings results on Thursday, October 5th. The company reported $0.52 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by ($0.04). The company had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.98 billion. Yum China Holdings had a net margin of 10.84% and a return on equity of 30.55%. The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period last year, the company posted $0.52 earnings per share.

Yum China Holdings declared that its board has approved a stock buyback plan on Thursday, October 5th that authorizes the company to buyback $550.00 million in shares. This buyback authorization authorizes the company to purchase up to 3.6% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s management believes its shares are undervalued.

The business also recently announced a special dividend, which will be paid on Thursday, December 21st. Stockholders of record on Thursday, November 30th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, November 29th.

In related news, insider Mark Chu sold 22,184 shares of the stock in a transaction that occurred on Thursday, August 17th. The stock was sold at an average price of $37.72, for a total value of $836,780.48. Following the completion of the transaction, the insider now directly owns 23,457 shares of the company’s stock, valued at approximately $884,798.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Angela Ai sold 17,678 shares of the stock in a transaction that occurred on Thursday, October 12th. The stock was sold at an average price of $43.05, for a total value of $761,037.90. The disclosure for this sale can be found here. Insiders have sold 41,986 shares of company stock valued at $1,686,687 over the last ninety days.

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Yum China Holdings Company Profile

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.

Insider Buying and Selling by Quarter for Yum China Holdings (NASDAQ:YUMC)

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