166.77 0.00 (0.00%)
After hours: 4:48PM EDT
|Bid||166.40 x 800|
|Ask||167.38 x 1200|
|Day's Range||164.11 - 167.73|
|52 Week Range||146.84 - 178.70|
|Beta (3Y Monthly)||0.69|
|PE Ratio (TTM)||24.47|
|Earnings Date||Oct 23, 2018|
|Forward Dividend & Yield||4.64 (2.83%)|
|1y Target Est||184.85|
Sixty percent of National Basketball Association fans correctly identified Gatorade as the league’s official sports drink, the highest recognition rate any NBA partner has received in the 12-year history of the annual Sponsor Breakthrough survey conducted for Sports Business Journal by Turnkey Intelligence.
Of the 31 analysts that cover McDonald’s (MCD), 74.2% recommended a “buy” as of October 15, while 25.8% recommended a “hold.” None of the analysts recommend a “sell.” On the same day, analysts set an average target price of $184.85, which represents a potential upside of 12.9% from its stock price of $163.67.
Swiss-Irish baker Aryzta stood by its plan to raise 800 million euros ($926 million) in new equity to meet its liquidity and financing needs, criticising a proposal by its biggest shareholder to raise only half that amount as inadequate and risky. On Monday, Cobas Asset Management, which has a 14.5 percent stake in the maker of McDonald's hamburger buns, put forward an alternative plan for a 400 million euro capital increase and the sale of non-core assets it said could raise a further 250 million euros. "The Board of Directors and executive management of Aryzta remains firm and unanimous that 800 million euros of equity capital is required to reduce its excessive debt levels, strengthen its balance sheet and provide the necessary liquidity and working capital funding to deliver on its multi-year turnaround plan," the company said in a statement on Tuesday.
Will McDonald’s Outperform Analysts’ Q3 Expectations? Analysts expect McDonald’s (MCD) to post an adjusted EPS of $2.0, which represents 13.4% growth from $1.76 in the same quarter of the previous year. The expanding net margin and share repurchases in the last four quarters could offset the effects of the revenue decline and drive the company’s EPS during the quarter.
Wells Fargo is adjusting price targets ahead of the restaurant sector 's earnings season. The Analyst Wells Fargo's Jon Tower: Maintained a Market Perform on Chipotle Mexican Grill, Inc. (NYSE: CMG ) ...
In the third quarter, analysts expect McDonald’s (MCD) to post revenues of $5.33 billion—a fall of 7.5% from $5.76 billion in the third quarter of 2017. To make the company more efficient and stable, McDonald’s has adopted a refranchising strategy. Refranchising company-owned restaurants is expected to lower McDonald’s revenues during the quarter.
McDonald's stock has already fallen by 8% from its January highs, and some options traders are betting the stock drops by another 7%. The relative strength index has been trending lower since May of 2017 despite the stock's ascent to record highs, which is a bearish divergence.
McDonald’s (MCD) is scheduled to announce its third-quarter earnings before the market opens on October 23. As of October 15, the company was trading at $163.67, which represents a rise of 3.0% since the announcement of its second-quarter earnings on July 26.
Last week, just days after flirting with the 27,000 threshold and setting new record highs, the Dow Jones Industrial Average plunged on worries over the impact rising long-term interest rates would have on the economy amid the Federal Reserve’s ongoing tightening cycle. This week, after the harrowing selloff, U.S. equities found respite thanks to these Dow Jones stocks. Adding to the worries has been a persistent bid in crude oil prices and the rollout of third-quarter corporate earnings results.
McDonald's (MCD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Tech stocks and China names hauled stocks lower early Monday, following weak September retail sales data and a key test for the Nasdaq.
Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Alexis Christoforous to discuss the latest market moves.