|Bid||183.050 x 800|
|Ask||183.140 x 800|
|Day's Range||182.87 - 186.78|
|52 Week Range||146.84 - 190.88|
|Beta (3Y Monthly)||0.21|
|PE Ratio (TTM)||27.89|
|Earnings Date||Jan 28, 2019 - Feb 1, 2019|
|Forward Dividend & Yield||4.64 (2.54%)|
|1y Target Est||194.44|
Corp. plans to reduce the use of antibiotics in its global beef supply in the next few years, a tougher task than removing their use from other types of meat. The Chicago-based company said Tuesday that it will take two years to decide how much of the antibiotics important to human health it will be able to remove from beef. McDonald’s said it will work with meat suppliers in its 10 largest beef-sourcing markets, including the U.S.
We had positive news flow, strong breadth, some signs of underlying support and a favorable intraday reversal on Monday to help drive the market Tuesday. The indices have some decent gains so far with small caps outperforming but what we are missing one major thing - the Fear of Missing Out (FOMO).
Fast casual Mexican eatery Chipotle (NYSE:CMG) has been both Wall Street Hero and Wall Street Zero before. From 2012 to 2015, Chipotle stock played the role of Wall Street Hero, as the company was rattling off strong comparable sales quarter after strong comparable sales quarter, margins were rushing to all time highs and the stock was roaring. CMG stock went from hero to zero, and lost well over half of its value during a three year stretch wherein sales, margins and profits fell off a cliff.
A cynic might start to think that many analysts just copy each other in order to keep from straying too far from consensus. Morgan Stanley's John Glass seems to be a fan of the chain's efforts to modernize the stores, and expects to see these efforts show up in sales in 2019. It has become our little tradition that on the way home, we stop at our local McDonald's for a meal, before I disappear into my office for the end of weekend cram session as equity index futures crank it into gear for the week.
As shares rise on the open on Tuesday, many are lauding the defensive nature of the stock and its efforts to bring its brand into the 21st century. Analysts and experts have begun to warm to the modernization plan that CEO Steve Easterbrook has slated in order to reinvigorate the golden arches into the coming years. Additionally, the restaurant's app aimed at fostering brand loyalty and store traffic is being well received.
While sales building efforts such as menu and digital enhancement are driving Chipotle's (CMG) top line, high costs are a threat to margins.
Jim Cramer talks to TheStreet about the market rally, the tech effect on the market and whether or not investors should be considering tech ETFs. In Cramer's column for Real Money on Tuesday, Dec. 11, he discussed why he believes that tech ETFs are not as worthwhile as an investment as strong tech stocks. Cramer wrote, "The ETF promoters say they want us to do it so we can avoid "single-stock risk" -- which is a huge amount of hokum, because they NEVER talk about single-stock reward, so they all trade together anyway." He explains his reasoning to TheStreet.
While many high-flying stocks have fallen to earth, McDonald's has been gaining ground. As investors turn away from aggressive investing and back to classic standbys, McDonald's could end up being a market leader as its historical resilience in tough markets and forward-looking remodeling plans garner attention, analysts say. "MCD is the only 'defensive' restaurant stock in our coverage, as demonstrated in both stock and fundamental performance, at a time when defensiveness should matter more," Morgan Stanley analyst John Glass wrote in a note explaining his bullishness on the stock.
In this daily bar chart of MCD, below, we can see that prices started to trend higher in September after months of sideways price action. The daily On-Balance-Volume (OBV) line started to improve in September and has chopped sideways in November. In this weekly bar chart of MCD, below, we can see an impressive rise from late 2016.
Because of the chain’s massive buying power, the plan has the potential to change practices for the overall beef industry. Scientists say the overuse of antibiotics in agriculture is behind the growing global problem of antimicrobial resistance. The chain has been on a mission to clean up its menu since Steve Easterbrook took the helm in 2015.
While you're likely no stranger to the menu at McDonald's, how well do you know the history of the fast food chain?
Considering rates are only going higher and there’s been no progress on the trade war front outside of a ninety-day truce, the consensus outlook is for these headwinds to continue to drag on markets for the foreseeable future. As such, so long as these headwinds continue to plague markets, this group of resilient stocks will outperform.
Illinois-based restaurant chain McDonald's Corp. (MCD) provides an interesting story in what can happen when a business starts to turn around. To be sure, McDonald's has been a formidable business for decades now. Consider this stretch of earnings per share results from 2011 through 2014: $5.27, $5.36, $5.55 and $4.82.
Demand for restaurant services depend on consumer spending. In an industry becoming increasingly reliant on digital and delivery services, four restaurant stocks stand out.
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.