Earnings Beat Outprices Vetr Crowd Who Advise Hold On Yum China

On Friday, the Vetr crowd downgraded their rating for Yum China Holdings Inc YUMC from 3.5 stars (Buy), issued a week ago, to 3 stars (Hold). Crowd sentiment at the time of the downgrade was edging positive, with 57 percent of Vetr user ratings bullish.

Shares of Yum China received a boost this week after the company reported Q1 earnings on April 5. The report showed the company generated $0.44 EPS, beating estimate of $0.38, registered sales of $1.284 billion versus a $1.27 billion estimate. The stock spiked following the market open, but has since corrected to around $31.

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Currently, the Vetr crowd's average target price for Yum is down at $30.15. Less than 2 percent of Vetr users are holding YUMC in their watch lists.