MCD - McDonald's Corporation
| Previous Close | 209.02 |
| Open | 208.00 |
| Bid | 208.90 x 900 |
| Ask | 208.95 x 1400 |
| Day's Range | 207.79 - 210.02 |
| 52 Week Range | 162.90 - 221.93 |
| Volume | 1,096,171 |
| Avg. Volume | 3,055,245 |
| Market Cap | 158.709B |
| Beta (3Y Monthly) | 0.33 |
| PE Ratio (TTM) | 27.45 |
| EPS (TTM) | 7.61 |
| Earnings Date | Oct 22, 2019 |
| Forward Dividend & Yield | 5.00 (2.39%) |
| Ex-Dividend Date | 2019-08-30 |
| 1y Target Est | 233.21 |
- Investopedia
Beyond Meat Extends Breakdown After Wells Fargo Comments
Beyond Meat shares extended their breakdown from key support during Monday's session after a lukewarm initiation by Wells Fargo.
- Yahoo Finance
Wendy's is going through its biggest reinvention in 50 years
Big changes are coming to Wendy's in 2020. Yahoo Finance speaks with Wendy's CEO Todd Penegor about what's on tap.
- Investor's Business Daily
Dow Jones Surges As Stock Market Rallies On China Trade Deal Hopes; Apple Hits Record High
The Dow Jones industrials surged about 400 points in today's stock market on rising China trade hopes. Apple stock hit a record high.
- Zacks
Keurig's (KDP) Strategies to Bolster Growth: Time to Buy?
Keurig (KDP) gains from acquisition and partnership strategy as well as efforts to launch innovative products and enhance supply-chain facilities. This should support growth.
- American City Business Journals
ARC forecast: Metro Atlanta white population to decline to 31% by 2050
By 2050, fewer than one-third of metro Atlanta’s residents will be white, the Atlanta Regional Commission reported Oct. 10.
- Insider Monkey
Hedge Funds Are Selling McDonald’s Corporation (MCD)
The financial regulations require hedge funds and wealthy investors that crossed the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
- Zacks
Restaurant Industry Outlook: Low Traffic a Pressing Concern
Restaurant Industry Outlook: Low Traffic a Pressing Concern
- Zacks
The Zacks Analyst Blog Highlights: Grubhub, Uber, Waitr and McDonald's
The Zacks Analyst Blog Highlights: Grubhub, Uber, Waitr and McDonald's
- Zacks
McDonald's (MCD) Stock Moves -0.38%: What You Should Know
McDonald's (MCD) closed the most recent trading day at $211.11, moving -0.38% from the previous trading session.
- Kiplinger
The 15 Best Recession-Resistant Stocks to Buy
There's little question as to what makes the most recession-resistant stocks to buy so resilient. Many of them offer products that Americans simply can't go without, or that are much more attractive when money is tight.What's less certain is when investors will need these companies.The man who predicted the dot-com crash of 2000 and the housing crisis that led to the most recent recession believes the odds of a 2020 recession are less than 50%. "Whether it's coming next year, I can't be sure," Nobel Prize-winning economist Robert Shiller told the Financial News on Sept. 9.However, a National Association for Business Economics survey found that while economists are modelling a 20% chance of recession by mid-2020, they put the odds at 69% by mid-2021. They also widely see GDP growth slowing from 2.9% in 2018 to 2.3% this year, then to just 1.8% in 2020.Some are even more pessimistic. Also in September, Jeffrey Gundlach - CEO and founder of DoubleLine Capital LP, a Los Angeles-based investment firm with $140 billion in assets under management - said he believes there's a 75% chance of a recession before the 2020 presidential election.Here are 15 top recession-resistant stocks to buy if you want to get ahead of the risk. Among the things you should know about recessions: The organization in charge of actually determining whether a recession has occurred typically needs six months to do so. Investors won't know it's happening until it has been underway for quite some time. So if you're looking to protect your portfolio against this risk, you'll want to lean toward being early rather than late. SEE ALSO: 20 Dividend Stocks to Fund 20 Years of Retirement
- Zacks
Grubhub Banks on Partnerships to Steer Away Competition
Grubhub's (GRUB) expanding partner base and aggressive acquisition strategy are likely to help it effectively counter stiff competition from DoorDash, Uber and Waitr.
- Zacks
Starbucks' (SBUX) Strategic Efforts to Drive Long-Term Growth
Starbucks' (SBUX) solid global footprint, successful innovations, best-in-class loyalty program and digital offerings are encouraging.
- Yahoo Finance
Domino's Pizza earnings miss expectations in the third quarter
Domino’s Pizza reported a miss on both the top and bottom lines during its third quarter, and same-store sales, a key industry metric, also missed expectations.
- Barrons.com
Stock Options Can Generate Extra Income. Here’s How.
Investors are increasingly embracing the cash-secured put sale strategy to create returns that generally far exceed what is available in the bond market.
- Benzinga
Ari Wald And Mark Tepper Like McDonald's
Ari Wald of Oppenheimer and Mark Tepper of Strategic Wealth Partners spoke on CNBC's "Trading Nation" about the fast-food stocks. Wald said he has been bullish on the sector and he thinks these stocks are going to continue to move higher along with the rest of the market. Wald analyzed the daily chart of McDonald's Corp (NYSE: MCD) and he concluded that there was no damage done to the uptrend.
- Yahoo Finance
Wendy's may have to spend a dizzying amount of money to challenge McDonald's Egg McMuffin
Cowen restaurant analyst Andrew Charles said it may cost Wendy’s $250 million total in 2020 and 2021 to launch its national breakfast program.
- GuruFocus.com
Top Insider Buys Highlight for the Week of Oct. 4
Insiders invested in Keurig Dr Pepper, Occidental Petroleum, Ulta Beauty and Chewy Continue reading...
- GuruFocus.com
Beating the Street: In Praise of Amateur Stock Pickers
Peter Lynch shows how 2 sets of amateur investors managed to outperform the pros Continue reading...
- Investor's Business Daily
Dow Jones Leads In Stock Market Rally On Key Jobs Report, China Trade News
The major stock indexes were broadly higher early Friday after the jobs report. Apple stock jumped 2% to regain a recent buy point.
- InvestorPlace
Beware of Valuation Risks on Red Hot Chipotle Stock
Shares of fast casual Mexican eatery Chipotle (NYSE:CMG) have been on fire ever since February 2018, when the company brought on new CEO Brian Niccol from Taco Bell and began down a recovery path defined by three big growth initiatives: menu innovations, unique marketing, and digital business expansion. These three growth initiatives have paid off in a big way, and since February 2018, Chipotle stock has rattled off a 225% gain as customers have come flying back into stores.Source: Northfoto / Shutterstock.com That's a huge gain. To put it in perspective, the S&P 500 is up less than 10% over that same stretch. But, while management continues to do everything right to secure a healthy long-term growth trajectory for the restaurant chain, investors should be aware that, at current levels, Chipotle stock has large valuation risks.That is, because Chipotle has been so good for so long, investors are expressing abundant optimism with respect to management's ability to continue to drive big growth for a lot longer. This has led to aggressive buying, and has left Chipotle stock with one of the richest valuations in the entire restaurant category.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut here's the problem -- the restaurant industry is tough. It's fickle, as consumers bounce from restaurant to restaurant without much thought or consideration. It's dynamic, as what works in drawing those customers to stores today, may not work tomorrow. And it's fiercely competitive, with hundreds of chains across the U.S. competing for the same consumers.In a tough, fickle, dynamic, and fiercely competitive industry, premium valuations are not warranted. But, Chipotle stock features a premium valuation. Ultimately, that means that at current levels, CMG stock offers investors more risk than reward. Chipotle Stock Is on FireMake no mistake about it. Chipotle is on fire today because management is doing everything right.That is, management is making sure Chipotle stays relevant everywhere. On the food front, Chipotle has wholly embraced vegetarian and paleo options to account for the fact that more consumers than ever are choosing these diets. They are also rolling out multiple new menu options, including carne asada and queso blanco.On the digital front, Chipotle is aggressively expanding its footprint both through its own channels and third-party delivery channels. On the marketing front, Chipotle is running a bunch of on-trend promotions like a TikTok dance challenge during National Avocado Day, Meatless Monday promotions during National Vegetarian Month, and free delivery Sundays in September for the back-to-school season.Big picture: Chipotle is doing everything right to stay fresh and relevant to the consumer. So long as Chipotle continues to execute on this front, sales and profit trends will remain robust. CMG Stock May Not Be On Fire ForeverChipotle won't stay fresh and relevant to the consumer forever. That's just nearly impossible to do in the fickle, dynamic, and fiercely competitive restaurant industry.Consumer tastes and preferences simply change far too often, far too quickly, for anyone to stay on top forever. Arguably, the only restaurant chain that has been able to do this is McDonald's (NYSE:MCD), and that's a function of industry-low prices and industry-best convenience (there's a McDonald's seemingly on every street corner).Chipotle isn't the lowest priced player in the QSR world -- they are cheap, but not the cheapest. Nor are they the most convenient -- service is quick, but lack of drive-thrus is a problem from a convenience standpoint. As such, while Chipotle is on fire today thanks to various menu options, digital, and marketing initiatives, those growth initiatives won't power high single-digit comparable sales growth forever. Instead, growth is big right now because Chipotle finds itself on the right side of a few macro consumption trends, such as alternative diets.But, those macro trends will change with time, and Chipotle won't always find itself on the right side of the trend. As such, today's high single-digit comps will slow over time, and such deceleration could spell a problem for CMG stock. Chipotle Stock Isn't Priced For Any CoolingChipotle stock trades at 46.8-times forward earnings. The market average multiple is 16-times forward earnings. The average multiple in the consumer discretionary sector is 21-times forward earnings, and the average restaurant stock multiple is 27-times forward earnings.In other words, at current levels, CMG stock trades at: 1) a 275% premium to the market, 2) a 185% premium to the consumer discretionary sector, and 3) a 120% premium to its restaurant peers. Bulls say this premium is warranted because of Chipotle's bigger profit growth prospects -- adjusted EPS rose nearly 40% last quarter.It is, but to a degree. Aggressively, let's assume Chipotle continues to open about 150 new stores every year, and continues to comp in the mid-single-digit or better range into 2025. That should power consistent about 10% revenue growth. Margins will run higher with positive comps, and buybacks will remain in the mix. So, EPS growth should run north of 20%, paving runway for EPS to hit $45 by 2025.Let's throw a restaurant sector average 27-times forward earnings multiple on that. We arrive at 2024 price target for CMG stock of $1,215. Let's discount that back by 10% per year. We arrive at a 2019 price target of $750.Thus, at $800, Chipotle stock is priced for perfection … and then some. That's a dangerous place to be in the restaurant industry. Bottom Line on CMG StockValuation risks on Chipotle stock will eventually rear their ugly head, and when they do, this stock could find itself in a "look out below" situation, considering just how stretched the valuation is today.As of this writing, Luke Lango was long MCD. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Best ETFs for 2019: The Race Is a Little More Gnarly Now * 7 Next-Generation Healthcare Stocks to Buy * Are These 10 High-Yielding S&P Dividend Stocks Traps or Treasures? The post Beware of Valuation Risks on Red Hot Chipotle Stock appeared first on InvestorPlace.
- Insider Monkey
Here is Hedge Funds’ 20th Most Popular Investment Idea
With the first-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the second quarter. One of these stocks was Citigroup Inc. (NYSE:C). Citigroup Inc. (NYSE:C) was in 83 hedge […]
- MarketWatch
Wendy's will have to snap up $1 billion in breakfast sales share from competitors including McDonald's to break even
Wendy's Co. will have to generate $1 billion in sales of its new breakfast menu to "at least" break even, according to BTIG analysts, and a good portion of that sales share will come from quick-service competitors who will fight back with discounts, marketing and innovation. Analysts think McDonald's Corp. in particular, which has the largest breakfast share, though it "has struggled in recent years to stabilize transactions in its morning daypart." Wendy's is investing $20 million in this latest effort to build the breakfast business, and the topic is expected to be key to the company's investor event, scheduled for October 11. "We remain neutral given uncertainty about the breakfast expansion and current heightened valuation," analysts said. Wendy's stock closed Wednesday at $19.92, and has rallied 28.3% for 2019 so far. The S&P 500 index has gained 14.7% for the year to date.
- Kiplinger
Dine Out on Restaurant Stocks
Although these are flush times for eating out, success for restaurants can still be elusive. The tight labor market has hit them especially hard.
