MCD - McDonald's Corporation

NYSE - NYSE Delayed Price. Currency in USD
196.31
+1.59 (+0.82%)
At close: 4:00PM EST
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Previous Close194.72
Open195.25
Bid0.00 x 1100
Ask0.00 x 800
Day's Range194.91 - 197.17
52 Week Range169.04 - 221.93
Volume2941630
Avg. Volume3,999,531
Market Cap148B
Beta (5Y Monthly)0.45
PE Ratio (TTM)25.77
EPS (TTM)7.62
Earnings DateJan 28, 2020 - Feb 3, 2020
Forward Dividend & Yield5.00 (2.56%)
Ex-Dividend Date2019-11-29
1y Target Est222.53
  • UBS maintains $85 PT, Neutral rating on Beyond Meat
    Yahoo Finance Video

    UBS maintains $85 PT, Neutral rating on Beyond Meat

    UBS lays out the case for Beyond Meat's path to $1 billion in sales, if it focuses on its foodservice partnerships. The big one, of course, being McDonald's, but Jack in the Box, Five Guys and Wendy's are also viable U.S. burger chain partnerships.

  • Beyond Meat’s path to $1B relies on restaurants: UBS
    Yahoo Finance Video

    Beyond Meat’s path to $1B relies on restaurants: UBS

    Beyond Meat could hit $1 billion in revenue if it focuses on food-service partnerships according to UBS. Yahoo Finance’s Zack Guzman and Heidi Chung discuss with Payne Capital Management President Ryan Payne on YFi PM.

  • Stocks slip as December tariff deadline looms
    Yahoo Finance Video

    Stocks slip as December tariff deadline looms

    Wilmington Trust CIO Tony Roth joins Yahoo Finance’s Seana Smith to discuss the market outlook as U.S. tariffs on $156B worth of Chinese goods are set to take effect on December 15.

  • IHOP's latest plan to win the breakfast war
    Yahoo Finance

    IHOP's latest plan to win the breakfast war

    IHOP's new restaurant Flip'd will open in Atlanta this April.

  • 10 Countries with the Highest Coffee Consumption in the World
    Insider Monkey

    10 Countries with the Highest Coffee Consumption in the World

    Coffee will never go out of fashion, as evidenced by the 10 countries with the highest coffee consumption in the world. There is nothing better in the world than a hot, steaming cup of coffee to jolt you awake in the morning. Similarly, nothing comes close to coffee as you attempt to pull an all-nighter […]

  • U.S. labour board approves McDonald's bid to settle case by franchise workers
    Reuters

    U.S. labour board approves McDonald's bid to settle case by franchise workers

    The National Labor Relations Board said the settlement, which will bring an end to a sprawling case first brought in 2012, was fair and would provide "a full remedy" to workers who claimed they were disciplined or fired for advocating for better working conditions. The settlement allows McDonald’s to avoid being held liable when franchisees violate federal labour law. The workers who brought the case, along with union-backed organizing group Fight for $15, claimed McDonald's disciplined or fired them for participating in nationwide strikes and protests calling for higher wages.

  • U.S. labor board approves McDonald's bid to settle case by franchise workers
    Reuters

    U.S. labor board approves McDonald's bid to settle case by franchise workers

    The National Labor Relations Board said the settlement, which will bring an end to a sprawling case first brought in 2012, was fair and would provide "a full remedy" to workers who claimed they were disciplined or fired for advocating for better working conditions. The settlement allows McDonald’s to avoid being held liable when franchisees violate federal labor law. The workers who brought the case, along with union-backed organizing group Fight for $15, claimed McDonald's disciplined or fired them for participating in nationwide strikes and protests calling for higher wages.

  • Pepsi challenges Coca-Cola with new coffee-cola concoction
    American City Business Journals

    Pepsi challenges Coca-Cola with new coffee-cola concoction

    The Pepsi vs. Coke rivalry has a new battlefront: coffee. Pepsico Inc. (Nasdaq: PEP) said it's set for a limited-time launch of a new coffee-cola beverage, called Pepsi Cafe, in U.S. stores in April.

  • The Retail Apocalypse Confronts a New Crop of CEOs
    Bloomberg

    The Retail Apocalypse Confronts a New Crop of CEOs

    (Bloomberg Opinion) -- Many of the retail industry’s challenges in 2020 will be familiar, such as adapting to the rise of e-commerce and trade-related uncertainty from Washington. But the lineup of CEOs navigating those conditions will include many new faces.There were more CEO exits in the retail industry in 2019 than in any year since at least 2010, according to data from Challenger, Gray & Christmas.(1)The leadership shake-ups in retail don’t appear to fit any particular pattern. There were carefully choreographed, harmonious baton passes, such as Best Buy Co. naming Corie Barry to succeed Hubert Joly. There were bombshells such as Steve Easterbrook’s abrupt ouster from McDonald’s Corp. over an inappropriate relationship with an employee. There were rebukes of poor performance, such as Art Peck’s departure from Gap Inc. And there were some left-field surprises, such as Tractor Supply Co. poaching Hal Lawton from Macy’s Inc.Retail’s recent bout of turbulence at the top is not such an outlier in corporate America; Bloomberg Opinion’s Stephen Mihm recently noted an uptick in CEO departures overall in the past few months. But it adds a certain intrigue about which retailers will end up in the winners’ circle next year.Here are predictions for how some of the more high-profile episodes of C-suite musical chairs will play out.CEO changes that are reason for optimism: By the time activist investor pressure finally led Bed Bath & Beyond Inc. to dump longtime CEO Steven Temares, the move was long overdue. But the board has scored by luring Mark Tritton — the chief merchant at its on-fire competitor, Target Corp. — for the job. Tritton’s experience creating covetable private-label brands and reimagining store displays are exactly what the big-box home goods chain needs. Meanwhile, though Gap has not yet named a permanent successor for the now-departed Peck, the company may be better off without a leader who tried but failed for five years to revive its flagship brand.CEO changes that are reason for pessimism: The biggest headscratcher comes from Nike Inc., which announced that CEO Mark Parker is to be replaced in January by John Donahoe, a former ServiceNow and eBay Inc. executive. Sure, Donahoe knows Nike’s business from serving on its board, but his tech-centric resume is a weird fit for a company that thrives on its marketing savvy and merchandising expertise. There is potential for trouble, too, in the leadership plans of Under Armour Inc., where founder Kevin Plank is set to relinquish the CEO title to COO Patrik Frisk in the new year. Plank is to become chairman and “brand chief,” and Frisk will still report to Plank. This set-up is reminiscent of when Ralph Lauren first tried to step back from the CEO role of his namesake company while staying on in a creative position. The fashion mogul clearly had trouble releasing the reins, and it cost the company a highly capable CEO, Stefan Larsson.(2)Elsewhere in the apparel world, Ascena Retail Group Inc., corporate parent of Ann Taylor, Lane Bryant and other brands, probably will regret tapping an insider, Gary Muto, to replace David Jaffe. This company needs the kind of total overhaul that an outsider would be better equipped to pull off.CEO changes that promise business as usual: Electronics giant Best Buy is in good hands under Barry, a veteran executive of the chain who had served as its CFO and chief strategic growth officer. Thing is, the electronics giant was already in good hands under Joly, who had steered the chain through an improbable comeback. So expect steadiness for the retailer in the year ahead —by no means a bad thing. Same goes for McDonald’s: Even though it said goodbye to a successful CEO under far more soap-operatic circumstances, his replacement, Chris Kempczinski, is a close lieutenant poised to stick to the same playbook that has fueled the fast-food giant’s recent strength.CEO change wild card: It’s understandable that Tapestry Inc.’s board had lost confidence in recently departed CEO Victor Luis. The company that used to be named Coach has been struggling to boost the Kate Spade brand it acquired in 2017, a bad sign for a company intent on transforming into a luxury conglomerate. Luis has been replaced by Jide Zeitlin, a longtime Tapestry board member. He has little experience in the retail or fashion worlds, which is concerning. But his finance industry chops could prove invaluable in future deal-making — an essential ingredient in the company’s quest for growth.(1) The Challenger data in the chart is for the retail sector only. The apparel industry, which includes manufacturers such as Nike, is a separate category that also saw a particularly high number of exits in 2019. So far, apparel has 12 CEO exits, matching the 2015 annual total that was the highest this decade. Restaurants such as McDonald’s are included in the entertainment and leisure category in Challenger’s data.(2) Lauren seems to have settled into his new role alongside current CEO Patrice Louvet, who took that job in 2017 after Larsson’s exit.To contact the author of this story: Sarah Halzack at shalzack@bloomberg.netTo contact the editor responsible for this story: Michael Newman at mnewman43@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Sarah Halzack is a Bloomberg Opinion columnist covering the consumer and retail industries. She was previously a national retail reporter for the Washington Post.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • McDonald's (MCD) Stock Sinks As Market Gains: What You Should Know
    Zacks

    McDonald's (MCD) Stock Sinks As Market Gains: What You Should Know

    McDonald's (MCD) closed at $194.72 in the latest trading session, marking a -0.12% move from the prior day.

  • Beyond Meat might not be the only plant-based burger McDonald’s uses if it launches in the U.S.
    MarketWatch

    Beyond Meat might not be the only plant-based burger McDonald’s uses if it launches in the U.S.

    UBS analysts say there’s a good chance that Beyond Meat won’t be McDonald’s only plant-based meat source if it launches the P.L.T. in the U.S.

  • The 20 Best Stocks to Buy for 2020
    Kiplinger

    The 20 Best Stocks to Buy for 2020

    It's difficult to lock down the absolute best stocks to buy for any year - but 2020 could be particularly challenging.For one, 2019's run-up has lifted stocks to sky-high prices only seen a handful of times in history. Also, the global economy is starting the year at a potential inflection point - growth has been weakening for months, but signals of a turnaround are starting to pop up. And the 2020 presidential cycle is almost certain to cause headaches for a number of politics-sensitive sectors.The year ahead could be every bit as volatile as 2019, if not moreso. Thus, the best stocks for 2020 will need to have not just decent-to-robust growth prospects, but a little durability too. That's quite the needle to thread ... but several companies do fit that bill.Here are the 20 best stocks to buy for 2020, rain or shine. A few of these possess typical defensive characteristics such as recession-resistant businesses and/or high dividend yields. A few possess qualities that could protect them from 2020-specific dangers, such as trade turbulence or the upcoming presidential elections. But all of them merit a place in most stock portfolios in the coming year. SEE ALSO: 20 Dividend Stocks to Fund 20 Years of Retirement

  • Wall Street’s #1 Firm Pounds the Table on 3 Restaurant Stocks
    TipRanks

    Wall Street’s #1 Firm Pounds the Table on 3 Restaurant Stocks

    Who’s hungry? Investors.As the decade winds up, investors are on the lookout for the names that have what it takes to outperform the market and to fork over solid returns in the years to come. However, given the uncertainty hanging over the market as we head into 2020, zeroing in on the most compelling investment opportunities isn’t an easy job. So what’s an investor to do? We suggest following Wall Street’s lead as the analysts can provide a wealth of investing inspiration.Setting out on our own search, we rolled up our sleeves and got down to business, turning to the best of the best, investing firm RBC Capital. Not only does the firm take first place on TipRanks’ Top Performing Research Firms ranking, but it also houses some of the top rated analysts on the Street.Using the in-depth market data and investing tools from TipRanks.com, we were able to get the full scoop on 3 buy-rated restaurant stocks that one of the firm’s analysts, Christopher Carril, recommends snapping up. Let’s dig in.Restaurant Brands International (QSR)Restaurant Brands owns some of the most well-known quick service restaurant brands including Burger King, Tim Hortons and Popeyes. With over $32 billion in system-wide sales and about 26,000 restaurants, the RBC analyst likes QSR’s position in the industry.Carril just started up his coverage of the restaurant company by telling investors that QSR has a lot going for it. QSR is clearing the path to reach 40,000 units over the next eight to ten years, with Carril citing Burger King as the key driver of growth. However, even with the above average global systems sales growth witnessed year-to-date and accelerating comp growth for Burger King and Popeyes, its valuation matches that of its competitors in the space. This is partly due to Tim Hortons weakness, which is responsible for about half of the total operating profit. Having said that, the analyst points to QSR’s “near best-in-class unit growth (5%+), current momentum at BK/PLK, significant scale and potential to add brands in the future as key positives for a stock that remains attractively valued” as making it a stand-out.Adding to the good news, Carril believes that the company can turn things around at Tim Hortons. “Continued store remodels should provide a stronger foundation for Tims to add to its dominant market share in its home market, where competition has sharpened its focus in recent years. Furthermore, we see adjustments to the recently launched Tims Rewards program—such as transitioning members to the digital platform—as important to unlocking the long-term value of the loyalty program,” he commented.Bearing this in mind, Carril initiated coverage by issuing an Outperform rating and setting a $77 price target. Given this target, he believes that shares could rise 15% in the next twelve months. (To watch Carril's track record, click here)In general, the rest of the Street agrees with the RBC analyst. With 11 Buys and 2 Holds assigned in the last three months, the word on the Street is that QSR is a Strong Buy. To top it all off, other analysts are more aggressive with their forecasts as the $79 average price target indicates 18% upside potential. (See Restaurant Brands stock analysis on TipRanks)Starbucks Corporation (SBUX)The iconic coffee company just received a vote of confidence from Carril thanks to changes that have taken place over the last few years.Part of the excitement related to Starbucks has been generated by its back to basics approach. Back in 2017 and 2018, the company pivoted away from its strong service and beverage-led innovation strategy as concerns regarding the emerging third-wave coffee threat and cannibalization arose. Carril argues that SBUX appears to have “course-corrected”, revamping the in-store experience by refocusing labor towards guest-facing tasks and improving its beverage platform. These efforts already appear to be paying off as its Nitro Cold Brew has driven 3%-plus traffic growth in the last two quarters.The improvements haven’t stopped there. The coffee company has given its business model a refresh by shifting almost 900 company stores to licensed across various markets, agreeing to a licensing deal for its packaged goods and foodservice segment with Nestle, bumping up shareholder returns through share repurchases and dividends as well as taking advantage of its full company ownership in its China business.“We see these changes as supportive of SBUX's ‘growth at scale’ strategy, aiming to deliver on its long-term earnings growth objectives,” Carril wrote in a note to clients. Further, he adds, “SBUX is among only a handful of $100B+ market cap consumer companies expected to drive double-digit EPS growth over the next three years. We see the recent pullback given the expectation of below double-digit EPS growth in full-year 2020 (following two years of +17% growth) as providing a compelling entry point.”To this end, Carril initiated his SBUX coverage with a bullish call. Along with the Outperform rating, the $97 price target puts the potential twelve-month gain at 13%.Turning to other Wall Street analysts now, opinions are split. Out of 13 total analysts covering SBUX, 7 agree with Carril while 6 recommend a Hold, making the consensus a Moderate Buy. In addition, the upside potential comes in slightly lower than Carril’s estimate at 12%. (See Starbucks stock analysis on TipRanks)McDonald's Corporation (MCD)The fast food company symbolized by those famous yellow arches has definitely lagged year-to-date, up 10% compared to the S&P 500’s 25% gain. That being said, Carril thinks that McDonald’s is creating an “experience” that should serve as the foundation for future upside.MCD has made a significant investment in its domestic business. Through its acquisition of Dynamic Yield, which will enable it to use AI to improve the customer experience, and its Experience of the Future (EOTF) store remodels, the company could see substantial same store sales momentum.Carril also cites accelerating free cash flow (FCF) and a return of capital to shareholders as key positives. Overall capex is expected to drop starting in 2021 with the completion of the EOTF upgrades. “This should help to drive an acceleration in FCF (RBCe 15%-plus year-over-year to ~$6.6 billion in 2021) and supports MCD’s continued return of capital to shareholders. We expect a new three-year cash return target to be unveiled in early 2020, and model $27 billion in total dividends and share repurchases over the next three years, which is above consensus’ ~$26 billion estimate and greater than the expected $25 billion returned from 2017-2019E,” he explained.Not to mention Carril expects the burger chain to return to HSD EPS growth in 2020 as a result of the “underappreciated” Dynamic Yield purchase and ETOF. “While we acknowledge incremental depreciation (related to the EOTF rollout) and G&A (from tech acquisitions) will remain headwinds in the near-term, we see continued top-line strength—driven by global system sales growth of ~5%—as the key driver for our 2020 EPS estimate of $8.37 (7%-plus year-over-year), which is slightly more conservative vs. consensus of $8.48,” he noted.All of the above factors prompted Carril to start his coverage with a bang, namely an Outperform rating. The $218 price target conveys his confidence in MCD’s ability to move 12% higher in the twelve months ahead.What does the rest of the Street have to say? Given the 17 Buys and 6 Holds received in the last three months, the consensus among analysts is that MCD is a Moderate Buy. Also, the $220.15 average price target brings the upside potential to 13%. (See McDonald’s stock analysis on TipRanks)

  • GuruFocus.com

    Beyond Meat: Analysts Have Little Left to Chew On

    The plant-based meat pioneer is a good business, but a bad investment Continue reading...

  • Benzinga

    McDonald's Canada Boss: We Will Always Be Known For Beef

    Betts told the Alberta-based publication McDonald's success over the years is due to its core protein products of beef, chicken and eggs. The rise of plant-based beef alternative products is certainly a trend to "keep an eye on" and consistent with the restaurant's goals of satisfying all guests.

  • Benzinga

    Which Restaurant Stocks Is RBC Hungry For?

    RBC analyst Christopher Carril initiated coverage Tuesday of a handful of fast food restaurants and casual dining chains . Here is a summary of each initiation. Brinker International Carril initiated coverage ...

  • Barrons.com

    Beyond Meat Has a Path to $1 Billion in Restaurant Sales. That Isn’t Enough for Wall Street.

    Restaurant sales are growing fast because restaurants are eager to offer plant-based meat, but analysts are still concerned about the company’s high valuation.

  • McDonald's could sell over 250 million Beyond Meat burgers in U.S. annually - UBS
    Reuters

    McDonald's could sell over 250 million Beyond Meat burgers in U.S. annually - UBS

    In its detailed checks on the tests, which are the first to be made public, the Swiss investment bank said the numbers implied the world's biggest fast-food chain could eventually sell more than 250 million P.L.T. burgers annually if it rolled out the product across its nearly 14,000 U.S. outlets.

  • McDonald's could sell over 250 million Beyond Meat burgers in U.S. annually: UBS
    Reuters

    McDonald's could sell over 250 million Beyond Meat burgers in U.S. annually: UBS

    In its detailed checks on the tests, which are the first to be made public, the Swiss investment bank said the numbers implied the world's biggest fast-food chain could eventually sell more than 250 million P.L.T. burgers annually if it rolled out the product across its nearly 14,000 U.S. outlets.

  • McDonald's could be the key to $1 billion in sales for Beyond Meat, UBS says
    Yahoo Finance

    McDonald's could be the key to $1 billion in sales for Beyond Meat, UBS says

    Beyond Meat could see revenue hit $1 billion if it focuses in its foodservice partnerships, according to UBS analyst Steven Strycula.

  • Benzinga

    Meet McDonald's New Board Member

    Fast-food giant McDonald's Corp (NYSE: MCD) said in a Monday statement Cathy Engelbert was elected to the company's Board of Directors. Engelbert currently serves as the CEO of the Women's National Basketball Association where she is tasked with overseeing the league's vision and day-to-day operations. "McDonald's is a well-known and admired global brand with a rich legacy of modernizing itself to meet ever changing societal needs and expectations," Engelbert said in a press release.

  • McDonald's Names Ian Borden as President, International
    PR Newswire

    McDonald's Names Ian Borden as President, International

    McDonald's Corporation ("the Company") (NYSE: MCD) today announced that Ian Borden, most recently President, International Developmental Licensed (IDL) Markets, has been appointed to President, International, effective immediately. Borden will continue reporting to Chris Kempczinski, McDonald's President and Chief Executive Officer. This announcement follows the appointment of Joe Erlinger to President, McDonald's USA.

  • Financial Times

    Former Moscow mayor Yuri Luzhkov dies aged 83

    , the one-time Communist party apparatchik who as mayor of Moscow ruled the city with an iron first for two decades, has died at the age of 83. Luzhkov, who came close to leading Russia instead of Vladimir Putin, died on Tuesday at a Munich clinic from complications after a heart operation, Russian media reported. As mayor of Moscow from 1992-2010, Luzhkov presided over the transformation of the Russian capital, turning it from a dour Soviet city into a modern metropolis.

  • PR Newswire

    McDonald's Launches 'Round-Up For RMHC' Technology To Make Donating To Ronald McDonald House Charities Easier

    Today, McDonald's announced a new, and easier, way to donate to Ronald McDonald House Charities (RMHC) with the launch of Round-Up for RMHC. The innovative technology introduces giving to the menu by providing customers the opportunity to Round-Up their purchase to the nearest whole dollar.