|Bid||0.00 x 900|
|Ask||183.59 x 200|
|Day's Range||182.67 - 187.20|
|52 Week Range||146.84 - 190.88|
|Beta (3Y Monthly)||0.21|
|PE Ratio (TTM)||27.80|
|Earnings Date||Jan 28, 2019 - Feb 1, 2019|
|Forward Dividend & Yield||4.64 (2.54%)|
|1y Target Est||194.44|
NEW YORK, Dec. 07, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
An improving macroeconomic picture, technology-driven sales, and sound fiscal health were essential topics management sought to communicate during the McDonald's franchisees' latest earnings call.
Markets are turning down - both the Dow Jones and S&P 500 have slipped more than 3% in the last 30 days. And in this situation it's only natural to start looking for stocks that will generate robust returns.
McDonald’s (MCD) posted adjusted EPS of $5.88 in the first three quarters of 2018, representing a rise of 18.5% from $4.96 in the first three quarters of 2017. This EPS growth was driven by the expansion of the company’s EBIT margin, its lower effective tax rate, and its share repurchases partially offset by a fall in its revenue.
A new Burger King deal allows customers to get a Whopper for just one penny, but they have to head to McDonald’s (NYSE:MCD) first. Just hearing the short rundown of the new Burger King deal may seem strange, but it all makes sense. Basically, customers are able to stop by any McDonald’s location in the U.S. to order the 1-cent Whopper, but they won’t be asking for it from McDonald’s staff.
The fall in McDonald’s revenue was largely the result of its strategic refranchising initiative. To make itself more efficient and stable, McDonald’s adopted a refranchising strategy at the beginning of 2015. In the first nine months of 2018, McDonald’s same-store sales grew 4.5%.
Of the 32 analysts that follow McDonald’s (MCD), 78.1% have given it “buys” as of December 4, and the remaining 21.9% have given it “holds.” No analysts have given the stock “sell” ratings. On average, analysts have given McDonald’s a 12-month price target of $194.44, which represents a potential upside of 5.1% from its current price of $185.04. John Glass of Morgan Stanley, who is optimistic about McDonald’s modernization efforts, upgraded the stock from an “equal weight” to an “overweight” on November 27 and also raised its price target from $173 to $210.
MCD stock has risen nearly 20% after bottoming at at the $158 area in mid September. The red-hot rally is even more impressive given that the S&P 500 and the Dow Jones have actually fallen in that same time period. MCD stock is now sporting a trailing P/E over 28, the highest multiple of the past 10 years.
McDonald’s (MCD) stock rose 6.6% in November on investor optimism surrounding the company’s initiative to modernize its restaurants, which included the implementation of self-order kiosks, the remodeling of its restaurants, and the expansion of its deployment of the Experience of the Future initiative. The company’s stock price was also positively affected by Morgan Stanley’s upgrade on November 29. The upgrade led MCD to hit a 52-week high of $190.88 on the day.
Stephanie Link, Managing Director at Nuveen, which has $970 billion in assets under management, bought McDonald’s because she believes the company’s restructuring efforts will propel the stock higher. Last week Morgan Stanley upgraded McDonald’s to Overweight. Consumer staples XLP may have started the year on a rocky footing, but the recent downturn in stocks -- especially high-flying tech names -- has seen investors rotate into more defensive trades.
Burger King has launched a promotion for its new app that also takes a dig at its biggest competitor, McDonald’s.
With the "Whopper Detour" promotion, Burger King app users who go near McDonald's restaurants can "unlock" the penny deal.
Burger King is selling its Whopper burgers to customers who use its app within 600 feet of a McDonald's location.
Burger King is offering its Whopper sandwich to diners for a penny... if they order it within 600 feet of a McDonald's Corp. restaurant using the new Burger King app. The Whopper Detour promotion is available from December 4 to December 12 to boost the new app, which uses geofencing at most of the more than 14,000 McDonald's locations. The offer becomes available when a customer is within the designated range. Burger King is part of the Restaurant Brands International Inc. portfolio of brands. Restaurant Brands shares have slipped 6.7% in 2018 while the S&P 500 index has gained 4.4% for the period.
While sales-building initiatives and a distinguished business model can drive revenues, high labor and operational costs are likely to dent Dave & Buster's (PLAY) fiscal third-quarter earnings.
One of the world's biggest fast-food brands opened up on this day 64 years ago with one humble location and an Insta-Broiler.
Whenever we get these big moves out of winning stocks because of a perception that all has changed and we aren't going to be thrown into a recession by Fed Chief Powell and the Chinese are going to play ball, I like to look at stocks that are thrown away without much thought even though their companies are doing amazingly well. Want to be alerted before Jim Cramer buys or sells JNJ or VIAB?