164.03 +0.36 (0.22%)
Pre-Market: 9:14AM EDT
|Bid||164.03 x 800|
|Ask||164.70 x 1400|
|Day's Range||163.64 - 165.47|
|52 Week Range||146.84 - 178.70|
|Beta (3Y Monthly)||0.69|
|PE Ratio (TTM)||24.01|
|Earnings Date||Oct 23, 2018|
|Forward Dividend & Yield||4.64 (2.83%)|
|1y Target Est||184.85|
A group of McDonald's franchisees met in Tampa yesterday, voicing their concerns over some price changes they are being asked to make at their restaurants. Yahoo Finance's Brian Sozzi discusses with Dion Rabouin, Dan Roberts and Seana Smith.
Let's check out the Yahoo Finance charts of the day. McDonald's (MCD): Shares are up in early trade, at around .5%. Guggenheim Securities upgraded the fast food restaurant to 'buy" from "neutral" with a price target of $200 per share. Guggenheim said the valuation discount between McDonald's and its large cap peers has widened to an unjustifiable level. Snap (SNAP): Shares are down here, 2.6%. Snapchat unveiled its first collection of Snap Originals, including scripted programs and docuseries produced exclusively for the platform. The shows will include drama, mystery, horror and comedy. Sears Holdings (SHLD): Shares here, around 32.8%. The Wall Street Journal is reporting that a bankruptcy filing could come as soon as this week. Sources say that the retailer has reached out to several banks for possible bankruptcy financing. For more on today's big stock movers check out the Final Round, live at 3:30 p.m. ET, right here on Yahoo Finance.
Tech stocks and China names hauled stocks lower early Monday, following weak September retail sales data and a key test for the Nasdaq.
Tech stocks recovered early losses near midday Monday, undeterred by a weak reading on September retail sales before the open.
Today, Evercore ISI upgraded McDonald’s (MCD) from “in-line” to “outperform.” Evercore believes the company is well positioned to navigate the trade war between the United States and China. Amid labor inflation, investing in remodeling restaurants, and a higher promotional cadence, McDonald’s economies of scale have become increasingly important. Of the 31 analysts who cover McDonald’s, 74.2% favor a “buy” while 25.8% favor a “hold” rating.
McDonald's (MCD) reports comparable sales growth for 12 straight quarters. This momentum is likely to continue in third-quarter 2018 courtesy of increasing guest traffic.
Evercore ISI upgrades shares of McDonald's to outperform from in line. Evercore ISI upgraded shares of McDonald's to outperform from in line on Monday, saying the company is well-positioned to ride out the trade war between the U.S. and China. "[McDonald's] is the most defensive restaurant stock, it has less exposure to emerging economies, and the stock will likely outperform should equity volatility related to trade persist," Evercore analyst Matt McGinley said in a note.
These go-anywhere funds can be a boon to your portfolio when interest rates rise and the investment landscape shifts.
After a huge market-wide selloff on Wednesday, Ryan McQueeney is putting two dividend-paying stocks in the spotlight: McDonald's (MCD) and Citigroup (C). Could a major restaurant stock and a big bank be the best way to rebound from this week's selling?
Shares of global fast food giant McDonald's Corp. ( MCD) are set to outperform the broader market after a period of weakness, according to one team of bulls on the Street. In a note to clients on Wednesday, analysts at Guggenheim upgraded shares of the Chicago-based burger chain to Buy from Neutral, citing the company's restaurant revamp as a positive tailwind in the second half of 2018 and into next year. Analyst Matthew DiFrisco issued a $200 price target on McDonald's stock, implying a near 21% upside over 12 months.
McDonald’s franchisees agreed Wednesday to form an independent operators’ association in an effort to transform the company’s weak sales. One-quarter of the company’s franchisees, about 400, met in Tampa, Florida to pledge to form the association, according to The Wall Street Journal. While no formal vote was taken or scheduled, the group distributed pledge cards requesting that franchisees give $200 toward the association.
McDonald’s (NYSE:MCD) stock has seen higher prices since a dip in mid-September. Following an analyst upgrade yesterday on Oct.10, MCD stock initially opened up 2%, but ended the day down amidst the global stock market sell-off. Despite the current volatility, I expect the positive momentum in McDonald’s to continue well into the earnings report later in the month.
Here are some of the companies with shares expected to trade actively in Thursday’s session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.
Firms including McDonald's MCD , Ikea and Perrier are creating their own versions of Banksy's self-destructive stunt, where a built-in device shredded his "Girl With Balloon" painting, just after it was sold for £1.04 million ($1.4 million) at auction. Ikea posted a do-it-yourself piece of art on its Norwegian Instagram, with a frame, poster and scissors, questioning what the potential value of its version would be. Richard Agius, a creative director at TBWA/ANG in Malta, posted the image on Twitter.
About 400 McDonald's franchisees attended a meeting in Tampa, Florida on Wednesday, The Wall Street Journal reported. This was a rare step for the group, which may form an independent operators' association, the paper said. Sources told the Journal the changes aren't yielding sufficient results.
Some 400 McDonald’s Corp. franchisees gathered for a rare meeting Wednesday to discuss their concerns about the burger giant’s plans for improving weak sales. The U.S. restaurant operators met at the office of a large franchisee in Tampa, Fla., in a session that became so crowded two tents had to be set up outside, according to one of several attendees interviewed. The attendees, who represent about one-quarter of U.S. franchisees, agreed to proceed with steps to form an independent operators’ association.
This small "better burger" concept known for its Chargburgers is feeding investors well with a 70% gain this year.
Shares of McDonald's are trading near 15.6 times Guggenheim's EV/2018 EBITDA estimate, which is a 33-percent discount to Domino's Pizza, Inc. (NYSE: DPZ) and a 21-percent discount to Yum! Brands, Inc. (NYSE: YUM), DiFrisco said in the note. This "unjustifiable" valuation gap to its peers has existed for the past five years at a time when it was a lower franchise mixed company,.
For the next four quarters, analysts expect Starbucks (SBUX) to post an EPS of $2.53, which represents 11.2% growth from $2.28 in the same four quarters the previous year. The EPS growth will likely be driven by revenue growth and share repurchases. The growth could be partially offset by a decline in the net margins.