Jefferies upgraded Yum China from Hold to Buy and set a new price target of $71.30 from $65.78 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/6/2024 | $35.50 → $60.00 | Neutral → Overweight | JP Morgan |
| 8/6/2024 | Underperform → Outperform | Macquarie | |
| 12/19/2023 | $58.00 | Buy | Deutsche Bank |
| 9/22/2023 | $65.78 → $71.30 | Hold → Buy | Jefferies |
| 9/15/2023 | $71.59 | Outperform → Buy | CLSA |
| 2/1/2023 | Buy → Hold | Jefferies | |
| 1/24/2022 | Positive → Mixed | OTR Global | |
| 9/15/2021 | $56.00 → $52.90 | Neutral → Underperform | Macquarie |
U.S. stocks were mostly higher, with the Dow Jones index gaining around 100 points on Thursday. Shares of Methode Electronics, Inc. (NYSE:MEI) rose sharply during Thursday's session after the company reported better-than-expected fourth-quarter sales results. Methode Electronics reported a fourth-quarter fiscal 2024 net sales decline of 7.9% year-on-year to $277.30 million, beating the analyst consensus estimate of $264.04 million. Adjusted EPS loss of 23 cents missed the analyst consensus loss estimate of 20 cents, according to data from Benzinga Pro. Methode Electronics shares surged 29.4% to $12.22 on Thursday. Here are some other big stocks recording gains in today’s session.
Yum China Holdings's (NYSE:YUMC) short percent of float has fallen 7.81% since its last report. The company recently reported that it has 9.11 million shares sold short, which is 2.36% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.32 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short int
JP Morgan upgraded Yum China from Neutral to Overweight and set a new price target of $60.00 from $35.50 previously
Macquarie upgraded Yum China from Underperform to Outperform
Deutsche Bank initiated coverage of Yum China with a rating of Buy and set a new price target of $58.00
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
SC 13G/A - Yum China Holdings, Inc. (0001673358) (Subject)
SC 13G/A - Yum China Holdings, Inc. (0001673358) (Subject)
SC 13G/A - Yum China Holdings, Inc. (0001673358) (Subject)
SHANGHAI, Nov. 19, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE:YUMC, the ", Company", or ", Yum China", )) celebrated a major milestone for KFC in its Guangzhou market area[1], opening its 1,000th KFC store in the area. In conjunction with this milestone, a new side-by-side KCOFFEE cafe was also unveiled, the 100th in Guangdong province, highlighting the growing popularity of this innovative business model. Yum China has expanded this model to over 500 locations nationwide and is on track to open 600 by year-end. KFC became the first Western quick-service restaurant brand to enter the China market in 1987 with its first store in Beijing's Qianmen neighborhood. The first KFC store in
Robust Sales Growth, Margin Expansion and 33% Diluted EPS GrowthSequential Improvement in Same-Store Sales Index and Seventh Consecutive Quarter of Same-Store Transaction Growth Operating Profit Increased by 15% to $371 Million and Core Operating Profit1 Grew 18%Stepping up Capital Returns to Shareholders by 50% to $4.5 Billion for 2024-2026 SHANGHAI, Nov. 4, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE:YUMC) today reported unaudited results for the third quarter ended September 30, 2024. Third Quarter Highlights Total system sales grew 4% year over year ("YoY"), excluding foreign currency translation ("F/X"). The growth was primarily attributable to 7%
SHANGHAI, Oct. 23, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE:YUMC, ", Yum China", or the ", Company", ))) today announced, in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "HKEX") which require advance notice of board meetings at which a dividend is expected to be declared, that its board of directors (the "Board") will consider the declaration and payment of a quarterly dividend (the "Dividend"). If the Board decides to proceed, the declaration will be adopted by Board resolution on or around November 4, 2024 (Beijing/Hong Kong Time) and will be promptly disclosed by the Company. The Company makes available through t
SHANGHAI, Nov. 19, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE:YUMC, the ", Company", or ", Yum China", )) celebrated a major milestone for KFC in its Guangzhou market area[1], opening its 1,000th KFC store in the area. In conjunction with this milestone, a new side-by-side KCOFFEE cafe was also unveiled, the 100th in Guangdong province, highlighting the growing popularity of this innovative business model. Yum China has expanded this model to over 500 locations nationwide and is on track to open 600 by year-end. KFC became the first Western quick-service restaurant brand to enter the China market in 1987 with its first store in Beijing's Qianmen neighborhood. The first KFC store in
Robust Sales Growth, Margin Expansion and 33% Diluted EPS GrowthSequential Improvement in Same-Store Sales Index and Seventh Consecutive Quarter of Same-Store Transaction Growth Operating Profit Increased by 15% to $371 Million and Core Operating Profit1 Grew 18%Stepping up Capital Returns to Shareholders by 50% to $4.5 Billion for 2024-2026 SHANGHAI, Nov. 4, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE:YUMC) today reported unaudited results for the third quarter ended September 30, 2024. Third Quarter Highlights Total system sales grew 4% year over year ("YoY"), excluding foreign currency translation ("F/X"). The growth was primarily attributable to 7%
SHANGHAI, Oct. 23, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE:YUMC, ", Yum China", or the ", Company", ))) today announced, in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "HKEX") which require advance notice of board meetings at which a dividend is expected to be declared, that its board of directors (the "Board") will consider the declaration and payment of a quarterly dividend (the "Dividend"). If the Board decides to proceed, the declaration will be adopted by Board resolution on or around November 4, 2024 (Beijing/Hong Kong Time) and will be promptly disclosed by the Company. The Company makes available through t
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
4 - Yum China Holdings, Inc. (0001673358) (Issuer)
SHANGHAI, Aug. 5, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE:YUMC) (the "Company" or "Yum China") today announced that Andy Yeung, who has served as the Company's Chief Financial Officer since October 2019, intends to resign as the Company's Chief Financial Officer for personal reasons. Andy will step down as the Company's Chief Financial Officer, effective September 30, 2024, and will serve as Senior Advisor to the Company's Chief Executive Officer from October 1, 2024 to February 28, 2025. Adrian Ding, who has been with the Company since March 2019 and currently serves as the Company's Chief Investment Officer and General Manager of the Company's Lavazza joint venture, has been ap
SHANGHAI, July 17, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE:YUMC) today announced the appointment of Mr. David Hoffmann to the Board of Directors, effective immediately. Mr. Hoffmann will serve as a member of the Audit Committee of the Board. Following the appointment, the Board is comprised of 10 directors, nine of whom are independent. "We are honored to have Dave join our Board of Directors," said Yum China's Independent Chairman Dr. Fred Hu. "Dave brings to us unique perspectives through his leadership experience in the global restaurant industry, strong operational expertise, and deep knowledge about doing business in China and Asia Pacific. I am confident he will prove a val
SHANGHAI, April 18, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE:YUMC) today announced the appointment of Johnson Huang as its first Chief Customer Officer. The creation of this leadership position is part of the Company's strategic initiatives to integrate customer centricity into the Company's brand-driven culture. Warton Wang, currently the Company's Chief Development Officer, will succeed Mr. Huang as General Manager, KFC. These appointments will be effective on May 1, 2022. Mr. Huang, who currently serves as General Manager, KFC, joined the Company in 2006 and has held a variety of leadership roles. Under Mr. Huang's leadership, KFC grew significant
10-Q - Yum China Holdings, Inc. (0001673358) (Filer)
8-K - Yum China Holdings, Inc. (0001673358) (Filer)
8-K/A - Yum China Holdings, Inc. (0001673358) (Filer)