Is It Crazy To Buy Yum China Holdings, Inc. (YUMC) And Intercontinental Exchange, Inc. (ICE)?

The shares of Yum China Holdings, Inc. (NYSE:YUMC) has been pegged with a rating of Buy by BofA/Merrill in its latest research note that was published on April 30th, 2019. BofA/Merrill wasn’t the only research firm that published a report of Yum China Holdings, Inc., with other equities research analysts also giving their opinion on the stock. Goldman advised investors in its research note published on April 17th, 2019, to Buy the YUMC stock while also putting a $54 price target. The stock had earned Neutral rating from BofA/Merrill when it published its report on October 31st, 2018. The stock was given Perform rating by Oppenheimer in its report released on August 17th, 2018. Macquarie was of a view that YUMC is Neutral in its latest report on August 2nd, 2018. BofA/Merrill thinks that YUMC is worth Underperform rating. This was contained in the firm’s report on July 20th, 2018.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 3 believe it has the potential for further growth, thus rating it as Hold while 4 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $51.39. The price of the stock the last time has raised by 43.09% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 46.39.

The shares of the company added by 0.12% during the trading session on Tuesday, reaching a low of $42.56 while ending the day at $43.07. During the trading session, a total of 2.35 million shares were traded which represents a 15.88% incline from the average session volume which is 2.79M shares. YUMC had ended its last session trading at 43.02. Yum China Holdings, Inc. currently has a market cap of $16.61B, while its P/E ratio stands at 26.17, while its P/E earnings growth sits at 1.94. Yum China Holdings, Inc. debt-to-equity ratio currently stands at 0.01, while its quick ratio hovers at 1.10. YUMC 52-week low price stands at $30.10 while its 52-week high price is $48.27.

The company in its last quarterly report recorded $0.59 earnings per share which is above the $0.54 predicted by most analysts. The Yum China Holdings, Inc. generated $2,304.00 million in revenue during the last quarter, which is slightly higher than the $2,263.46 million predicted by analysts. In the second quarter last year, the firm recorded $0.12 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 79.66%. Yum China Holdings, Inc. has the potential to record 1.65 EPS for the current fiscal year, according to equities analysts.

Investment analysts at Citigroup published a research note on July 22nd, 2019 where it informed investors and clients that Intercontinental Exchange, Inc. (NYSE:ICE) is now rated as Neutral. Their price target on the stock stands at $99. Goldman also rated ICE as Upgrade on April 17th, 2019, with its price target of $54 suggesting that ICE could surge by 5.1% from its current share price. Even though the stock has been trading at $90.59/share, analysts expect it to surge higher by 1.57% to reach $96.95/share. It started the day trading at $92.25 and traded between $90.12 and $92.01 throughout the trading session.

A look at its technical shows that ICE’s 50-day SMA is 88.28 while its 200-day SMA stands at 79.98. The stock has a high of $93.40 for the year while the low is $69.69. The company’s P/E ratio currently sits at 26.10, while the P/B ratio is 3.03. At the moment, only of Intercontinental Exchange, Inc. shares were sold short. The company’s average trading volume currently stands at 2.12M shares, which means that the short-interest ratio is just 2.76 days. Over the past seven days, the company moved, with its shift of 1.59%. Looking further, the stock has raised 13.16% over the past 90 days while it gained 20.86% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more ICE shares, increasing its portfolio by +0.92% during the last quarter. This move now sees The Vanguard Group Inc purchasing 383,767 shares in the last quarter, thus it now holds 41,905,559 shares of ICE, with a total valuation of $3,681,822,414. T Rowe Price Associates Inc meanwhile bought more ICE shares in the recently filed quarter, changing its stake to $3,339,612,634 worth of shares. SSgA Funds Management Inc followed the path by increasing its ICE portfolio by +1.32% in the quarter. This means that SSgA Funds Management Inc bought 321,712 shares in the last quarter and now controls 24,724,984 shares of the ICE stock, with the valuation hitting $2,172,337,094.

Similarly, Wellington Management Co LLP decreased its Intercontinental Exchange, Inc. shares by -1.20% during the recently filed quarter. After selling -269,964 shares in the last quarter, the firm now controls 22,157,406 shares of Intercontinental Exchange, Inc. which are valued at $1,946,749,691. In the same vein, Capital Research Management Co increased its Intercontinental Exchange, Inc. shares by during the most recent reported quarter. The firm bought 572,063 shares during the quarter which increased its stakes to 21,514,812 shares and is now valued at $1,890,291,382. Following these latest developments, around 0.50% of Intercontinental Exchange, Inc. stocks are owned by institutional investors and hedge funds.