198.08 +0.15 (0.08%)
After hours: 5:32PM EDT
|Bid||197.30 x 1800|
|Ask||198.25 x 800|
|Day's Range||195.62 - 198.02|
|52 Week Range||153.13 - 198.26|
|Beta (3Y Monthly)||0.33|
|PE Ratio (TTM)||26.25|
|Earnings Date||Apr 30, 2019|
|Forward Dividend & Yield||4.64 (2.44%)|
|1y Target Est||200.62|
McDonalds is teaming up with AARP to help attract workers ages 50 or above, as unemployment hits historic lows. Yahoo Finance's Dan Roberts, Akiko Fujita, and Sibile Marcellus discuss.
Kenny Mitchell, a veteran marketing executive who has worked for McDonald’s, Gatorade, NASCAR and NBC Sports Group, will assume the post in June.
McDonald’s Corp. has joined with AARP to recruit workers from the over-50 population for positions ranging from management to morning shift roles.
Chipotle (NYSE:CMG) has been monstrous lately. CMG is a restaurant company yet Chipotle stock trades like a technology momentum stock.Source: Shutterstock But this wasn't always the case. In 2015, Chipotle stock was soaring to $750 per share, but then it hit a giant roadblock and then it collapsed 60% from high to low.Last night, management delivered a strong earnings report that was reminiscent of the old days. CMG beat on all metrics and raised guidance. And the company delivered double-digit growth. Furthermore, it doubled its digital sales, which shows us that they seem to be making all the right moves.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOn the way up, CMG stock commanded a premium because of the incredible comparable sales the company was able to deliver. So it earned it for as long as it delivered the growth. * The 10 Best Cheap Stocks to Buy Right Now When I'm evaluating a growth company I don't worry so much about the profitability for as long as they are growing.But then the food illness headlines broke out and the problems caused the comps to fade. The fall was severe as the headlines kept on coming. Wall Street took back the premium out of the stock.2018 was a terrible year for the whole stock market, but the S&P 500 bottomed on Christmas. Yet, Chipotle stock didn't hit its bottom until earlier this year when it reported earnings.And that marked the absolute bottom that's $247 per share. The stock had finally found value and the buyers stepped in.On the way up, once the bulls broke through the lower high trend line first at $322 and then at $360 per share, the rally was on.As a result, it came into the earnings up 171% from the bottom. Year-to-date CMG stock is up 65% versus the S&P's 17%. It is also up twice more than Shake Shack (NYSE:SHAK) and five-times better than McDonald's (NYSE:MCD).Maybe this out-performance justifies the valuation that CMG now carries. Its price-to-earnings ratio is 115, which is almost five times that of MCD's. How to Approach Chipotle StockAt these altitudes, one needs a lot of conviction to start buying CMG shares. I don't have such gumption. Especially not when the S&P 500 is at all-time highs. Buying it up here means that the investor is committed to holding the stock for a really long time.True, CMG stock is approaching its all-time highs. But therein lies a danger. The closer it gets to the accident scene the more likely it is to fade. There are a lot of investors who have been stuck at the highs who may decide to exit.Therefore it makes more sense that as it rises here after the earnings it could run into resistance. Getting into Chipotle stock over $700 would be risky short term. This is not an obvious entry point. * 7 Strong Buy Stocks with More Than Enough Upside This is nothing against the company itself but rather doubt of the price action that will unfold up here. And it's definitely not saying to short it either. Doing so opens the trader up to unlimited losses. Those who insist on shorting it should use put options where the out-of-pocket exposure is finite.However, CMG could be a trading vehicle for those who prefer trading it shorter term.As CMG continues to slog higher, there will be resistance as it nears $725 per share. This was a major ledge from which it collapsed in October 2015. The onus is on the bulls to prove they can retake it and establish it as support once again.Conversely, if CMG falls below the $685 zone it could trigger a bearish pattern that would target the prior pivot zone around $620. Then there is the open gap all the way to $540 per share. This is not a forecast, but it is a bearish scenario that I should know.In summary, this is a stock that is too high to Chase and too hot to short at these altitudes. For those who are already long CMG, the price action here is great news.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks That Could Double Over the Next Five Years * 6 S&P 500 Stocks Ready to Break Out * 5 Mining ETFs to Dig Into Compare Brokers The post Is Chipotle Stock Finally Returning to Its Winning Ways? appeared first on InvestorPlace.
(Reuters) - Snapchat parent Snap Inc on Thursday named McDonald's marketing head Kenny Mitchell as its first chief marketing officer, as the company seeks to attract new users to its platform. Prior to ...
Chipotle Beat Analysts’ Expectations in Q1(Continued from Prior Part)2019 guidanceAfter posting an impressive first quarter SSSG (same-store sales growth) of 9.9%, Chipotle Mexican Grill (CMG) raised its SSSG guidance for 2019. The company
McDonald's Corp. said it's teaming with AARP as the fast-food giant looks to fill a quarter-million jobs this summer. The Chicago restaurant giant (NYSE: MCD) said it's looking for older workers for all positions, from morning shifts to management workers, because it has to fill 250,000 openings this summer. Thanks, in part, to our new collaboration with AARP and AARP Foundation we’re looking to position McDonald’s as a place where people at every stage of working life can see themselves grow and thrive while bringing stability and a different perspective that everyone can learn from," ” said Melissa Kersey, McDonald’s U.S. chief people officer, in a statement.
Chipotle's (CMG) various sales-building initiatives and greater digital innovation result in revenue growth in the first quarter of 2019.
The latest earnings update McDonald's Corporation (NYSE:MCD) released in December 2018 confirmed that the business benefited from a strong tailwind...
McDonald's is teaming up with AARP and the AARP Foundation to find older adults willing to join its workforce. Right now, about 11% of the workers at McDonald's company-owned restaurants are 50 years or older. McDonald's MCD is teaming up with AARP and the AARP Foundation to hire more older workers.
So much for Earth Day. Just two days after the world came together in the spirit of environmental awareness, a petition to bring back plastic straws to McDonald’s topped 35,000 signatures.
McDonald's (MCD) earnings in the first quarter of 2019 are likely to bear the brunt of declining sales and high expenses associated with operations.
What's Expected for McDonald’s Q1 2019 Earnings(Continued from Prior Part)Analysts’ expectationsOf the 29 analysts covering (MCD), 79.3% recommend “buy,” 20.7% recommend “hold,” and none recommend “sell.” Their 12-month target of
What's Expected for McDonald’s Q1 2019 Earnings(Continued from Prior Part)Analysts’ expectationsAnalysts expect McDonald’s (MCD)adjusted EPS to fall 1.7% YoY (year-over-year) in the first quarter to $1.76 from $1.79, due to lower revenue
What's Expected for McDonald’s Q1 2019 Earnings(Continued from Prior Part)Analysts’ estimates In the first quarter of 2019, analysts expect McDonald’s (MCD) revenue to fall 4.1% YoY (year-over-year) to $4.93 billion from $5.14 billion, likely
What's Expected for McDonald’s Q1 2019 EarningsStock performanceMcDonald’s (MCD) is set to report its first-quarter earnings before the market opens on April 30. As of yesterday, MCD had risen 6.5% since its fourth-quarter earnings on January
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.