We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The market is treacherous right now. Even when everything looks to be going great, one hawkish comment from a Fed president can send it all sinking to the bottom. That happened during the day yesterday when Bullard bullied the market into a tailspin. You have to protect yourself in markets like this and look for stocks with the strongest earnings trends. Today’s Bear of the Day is a stock that actually has a ton of earnings growth, it’s just been under the gun recently as estimates have come down
Today’s Bear of the Day is Zacks Rank #5 (Strong Sell) Yum China (YUMC - Free Report) . Yum China owns and operates franchise restaurants in China. The company operates under two segments, KFC and Pizza Hut, but owns brands such as Little Sheep, Huang Ji Huang, COFFii & JOY, East Dawning, Taco Bell and Lavazza.
The reason for the unfavorable rank is the recent negative earnings estimate revisions coming from analysts. Over the last thirty days, two analysts have cut their earnings estimates for the current year and next year. The negative sentiment has brought down our Zacks Consensus Estimate for the current year from $2.06 to $1.97 while next year’s number is off from $2.64 to $2.55.
The good news for long-term bulls in the stock is that the growth is still forecast to be very strong. Both revenue and earnings estimates are double-digit percentage gains. Current year sales forecast is set to come in at 17.51% with next year at 11.96%. Current year EPS is forecast to come in at 62.8% with next year at 29.36%. Estimates have been coming down since peaking along with the stock price in June 2021. Since then, shares are off from the high $60s to $50.
The Retail – Restaurants industry is in the Bottom 9% of our Zacks Industry Rank. There are a few names within the industry which are in the good graces of our Zacks Rank. These stocks include Zacks RANK #2 (Buy) stocks Arcos Dorados (ARCO - Free Report) and First Watch Restaurant Group (FWRG - Free Report) .
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Bear of the Day: Yum China (YUMC)
The market is treacherous right now. Even when everything looks to be going great, one hawkish comment from a Fed president can send it all sinking to the bottom. That happened during the day yesterday when Bullard bullied the market into a tailspin. You have to protect yourself in markets like this and look for stocks with the strongest earnings trends. Today’s Bear of the Day is a stock that actually has a ton of earnings growth, it’s just been under the gun recently as estimates have come down
Today’s Bear of the Day is Zacks Rank #5 (Strong Sell) Yum China (YUMC - Free Report) . Yum China owns and operates franchise restaurants in China. The company operates under two segments, KFC and Pizza Hut, but owns brands such as Little Sheep, Huang Ji Huang, COFFii & JOY, East Dawning, Taco Bell and Lavazza.
The reason for the unfavorable rank is the recent negative earnings estimate revisions coming from analysts. Over the last thirty days, two analysts have cut their earnings estimates for the current year and next year. The negative sentiment has brought down our Zacks Consensus Estimate for the current year from $2.06 to $1.97 while next year’s number is off from $2.64 to $2.55.
The good news for long-term bulls in the stock is that the growth is still forecast to be very strong. Both revenue and earnings estimates are double-digit percentage gains. Current year sales forecast is set to come in at 17.51% with next year at 11.96%. Current year EPS is forecast to come in at 62.8% with next year at 29.36%. Estimates have been coming down since peaking along with the stock price in June 2021. Since then, shares are off from the high $60s to $50.
The Retail – Restaurants industry is in the Bottom 9% of our Zacks Industry Rank. There are a few names within the industry which are in the good graces of our Zacks Rank. These stocks include Zacks RANK #2 (Buy) stocks Arcos Dorados (ARCO - Free Report) and First Watch Restaurant Group (FWRG - Free Report) .