|Bid||165.9000 x 1100|
|Ask||165.8800 x 800|
|Day's Range||164.0700 - 166.4600|
|52 Week Range||146.8400 - 178.7000|
|PE Ratio (TTM)||24.35|
|Earnings Date||Oct 22, 2018 - Oct 26, 2018|
|Forward Dividend & Yield||4.64 (2.81%)|
|1y Target Est||183.62|
Starbucks: How Much Upside Is Left in the Stock Price? Of the 31 analysts that follow Starbucks (SBUX), 45.2% favor a “buy,” while 54.8% favor a “hold.” None of the analysts favor a “sell” option. On the same day, analysts set an average target price of $57.65, which represents a return potential of 0.4%.
Of the 32 analysts following Chipotle Mexican Grill (CMG), 31.3% recommend “buy,” 56.3% recommend “hold,” and 12.5% recommend “sell.” Their average price target of $471.70 implies a 0.9% upside to its stock price of $467.73.
Starbucks: How Much Upside Is Left in the Stock Price? For the next four quarters, analysts expect Starbucks (SBUX) to post an EPS of $2.53—11.0% growth from $2.28 in the same four quarters the previous year. The EPS growth is expected to be driven by revenue growth and share repurchases.
In the next four quarters, analysts expect Chipotle Mexican Grill’s (CMG) EPS to grow 33.2% YoY (year-over-year) to $10.22 from $7.67, driven by revenue growth and net margin expansion. They expect the company’s net margin to expand YoY to 5.5% from 4.2%, driven by higher menu prices and sales leverage from positive SSSG (same-store sales growth), and offset by higher wages and general and administrative expenses.
Starbucks: How Much Upside Is Left in the Stock Price? For the next four quarters, analysts expect Starbucks (SBUX) to post revenues of $25.70 billion—6.6% growth from $24.11 billion in the same four quarters the previous year. The revenue growth will likely be driven by adding new restaurants, positive SSSG (same-store sales growth), and revenue growth from the CPG, foodservice, and others segment.
Could Chipotle’s Price Correction Mean a Buying Opportunity? In the next four quarters, analysts expect Chipotle Mexican Grill’s (CMG) revenue to grow 8.3% YoY (year-over-year) to $5.04 billion from $4.65 billion, driven by the addition of new restaurants and positive SSSG (same-store sales growth). After posting its second-quarter earnings, Chipotle raised its SSSG guidance for 2018 from low single digits to mid-to-high single digits.
As of September 21, Starbucks (SBUX) was trading at $57.45—a rise of 11.7% since the announcement of its third-quarter earnings on July 26. In the third quarter, which ended on July 1, Starbucks outperformed analysts’ sales and EPS expectations. Management blamed stricter regulations and the crackdown on unauthorized third-party delivery services for the decline. In order to address the delivery issues, the company partnered with Alibaba (BABA) to start delivery services in China. The announcement of the delivery partnership appears to have increased the company’s stock price.
The 66-year-old Mr. Goare is set to retire on Dec. 31 after 40 years at the burger chain, the company said Monday. McDonald’s said that with Mr. Goare’s retirement and moves in recent years to have fewer corporate-owned locations, it would change its organizational structure globally on Jan. 1.
Chipotle Mexican Grill’s (CMG) strong second-quarter earnings and upgrade from Morgan Stanley boosted its stock to a 52-week high of $530.68 on August 16. The company’s stock fell due to Wedbush’s downgrade, Pershing Square Capital Management reducing its stake in Chipotle, and rising labor wages. On August 27, Wedbush downgraded Chipotle from “neutral” to “underperform” due to weaker-than-expected SSSG (same-store sales growth) since the beginning of the third quarter and increased pressure on the company’s margins.
McDonald's Corp. said Monday Chief Restaurant Officer Doug Goare will retire after 40 years with the company, and announced a number of organizational changes. The fast-food giant said the U.S. will continue to operate under Chris Kempczinski, president of McDonald's USA, international operated markets will be led by Joe Erlinger and and international developmental licensed markets will led by Ian Borden. "This new organisational structure provides us the opportunity to continue building on our progress, making sure McDonald's remains positioned to run great restaurants and better serve our customers," said Chief Executive Steve Easterbrook. The stock fell 1% in morning trade. It has gained 3.0% over the past 12 months, while the Dow Jones Industrial Average has climbed 19%.
McDonald’s Corporation today announced that President, International Lead Markets & Chief Restaurant Officer Doug Goare, 66, will retire after 40 years of service on December 31, 2018. "Doug has been an important leader whose career at McDonald’s has spanned multiple continents and his expertise has contributed greatly to the success of our business today,” McDonald's President and CEO Steve Easterbrook said. In anticipation of Goare’s retirement and with the evolution of the Company’s business model over the past few years to a more heavily franchised structure, the Board of Directors approved several organizational changes to McDonald's global business.
After languishing for much of 2018, McDonald's MCD shares have come to life, rising nearly 3 percent last week. "The stock has formed what many technicians refer to as a symmetrical triangle pattern — recent lower highs but yet higher lows since January," technical analyst Mark Newton of Newton Advisors told CNBC's " Trading Nation " on Friday. After hitting an all-time high in late January, McDonald's shares sold off into February and hit the year's lows in early March.
NEW YORK, NY / ACCESSWIRE / September 24, 2018 / McDonald’s shares were in the green on Friday despite being scolded by New York State Comptroller Thomas DiNapoli over its chickens. Shares of DAVIDsTEA were plummeting after hitting a new high on no news or a catalyst. McDonald's Corporation shares were up 2.80% on about 8.8 million shares traded.
China stocks were early movers Friday, as McDonald's topped the Dow and Mazor Robotics spiked on takeover news. Micron Technology dragged chip stocks lower.
The Dow Jones and S&P 500 pushed further into new high ground Friday, while tech stocks lagged again. McDonald's was a top performer in the Dow.
The Dow Jones industrial average led a mixed day on Wall Street on Friday as large stocks fared better than smaller ones.
The stock market backed off record highs Friday after the Dow Jones industrial average set a fresh record high. FANG stock Netflix (NFLX) continued to move up the right side of a new potential formation.
Stocks that moved substantially or traded heavily Friday: Texas Instruments Inc., up $1.56 to $110.05 The chipmaker raised its quarterly dividend and said it will buy back $12 billion in stock. United ...
Moody's Investors Service ("Moody's") today affirmed McDonald's Corporation's ("McDonald's") Baa1 senior unsecured rating and P-2 short term commercial paper rating. "The ratings affirmation reflects our view that McDonald's credit profile will remain within the range appropriate for its Baa1 senior unsecured and Prime-2 ratings despite the increase in its dividend and the additional debt required to fund its shareholder return target" stated Bill Fahy, Moody's Senior Credit Officer. McDonald's recently announced that it will raise its dividend by approximately 15% and will increase its shareholder return target to about $25 billion from $24 billion.
Per The Humane Society: "McDonald's is allowing chickens to gravely suffer... while its competitors take steps to improve their treatment."
The S&P 500 and the Dow touched record highs for the second straight day, while the tech-heavy Nasdaq dipped in heavy trading on Friday, largely related to Wall Street's sector reshuffling and "quadruple witching" expirations. Telecoms major AT&T was set to form the heart of a new powerhouse communications services sector, which would also include Facebook, Google parent Alphabet and Twitter. AT&T rose 1.8 percent, pushing the S&P telecommunications sector higher by 1.42 percent.
Shares of both McDonald's (MCD) and Starbucks (SBUX) surged Friday. MCD stock jumped on the back of a dividend hike, while SBUX climbed for less obvious reasons.
McDonald’s Corp. has long been on the receiving end of calls to take better care of its chickens. Earlier this month, actors and musicians, including Kristen Bell, Joan Jett and Weird Al Yankovic, have lent their names to demands for more humane treatment.