What Will Happen to Yum China Holdings, Inc. (YUMC) Next? The Stock Just Declined A Lot

The stock of Yum China Holdings, Inc. (NYSE:YUMC) is a huge mover today! The stock decreased 2.98% or $1.43 during the last trading session, reaching $46.48. About 815,424 shares traded. Yum China Holdings, Inc. (NYSE:YUMC) has risen 26.21% since September 13, 2018 and is uptrending. It has outperformed by 26.21% the S&P500.
The move comes after 7 months negative chart setup for the $17.52 billion company. It was reported on Sep, 13 by Barchart.com. We have $43.23 PT which if reached, will make NYSE:YUMC worth $1.23 billion less.

Analysts await Yum China Holdings, Inc. (NYSE:YUMC) to report earnings on October, 29. They expect $0.54 EPS, up 5.88 % or $0.03 from last year’s $0.51 per share. YUMC’s profit will be $203.49 million for 21.52 P/E if the $0.54 EPS becomes a reality.

Yum China Holdings, Inc. (NYSE:YUMC) Ratings Coverage

Among 2 analysts covering Yum China Holdings (NYSE:YUMC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Yum China Holdings has $48.6000 highest and $48 lowest target. $48.30’s average target is 3.92% above currents $46.48 stock price. Yum China Holdings had 3 analyst reports since March 18, 2019 according to SRatingsIntel. JP Morgan maintained Yum China Holdings, Inc. (NYSE:YUMC) rating on Monday, March 18. JP Morgan has “Overweight” rating and $48 target.

More notable recent Yum China Holdings, Inc. (NYSE:YUMC) news were published by: Seekingalpha.com which released: “Yum China CFO Lo to depart next month – Seeking Alpha” on September 06, 2019, also Fool.com with their article: “Yum! Brands Wants Pizza Hut to Be More Like Domino’s – The Motley Fool” published on August 17, 2019, Fool.com published: “Why YUM! Brands, and Taco Bell in Particular, Can Beat Out its Competitors – The Motley Fool” on August 18, 2019. More interesting news about Yum China Holdings, Inc. (NYSE:YUMC) were released by: Seekingalpha.com and their article: “Yum China tops comparable sales expectations – Seeking Alpha” published on July 30, 2019 as well as Bizjournals.com‘s news article titled: “Taco Bell debuts new Toasted Cheddar Chalupa – Louisville Business First” with publication date: September 04, 2019.

Yum China Holdings, Inc. operates as a restaurant firm in China. The company has market cap of $17.52 billion. The firm operates primarily through KFC and Pizza Hut Casual Dining divisions. It has a 26.85 P/E ratio. It operates approximately 7,500 restaurants in approximately 1,100 cities.

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