Media stories about McDonald’s Corporation (NYSE:MCD) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. McDonald’s Corporation earned a coverage optimism score of 0.07 on Accern’s scale. Accern also assigned press coverage about the fast-food giant an impact score of 45.8697044043916 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news headlines that may have impacted Accern’s scoring:
- Zacks: Analysts Expect McDonald’s Corporation (MCD) Will Post Quarterly Sales of $5.73 Billion (americanbankingnews.com)
- McDonald’s Corporation’s (MCD) “Buy” Rating Reaffirmed at Mizuho (americanbankingnews.com)
- Ronald McDonald House expanding lodging in Houston (chron.com)
- McDonald’s worker fired after heated exchange at drive-thru in Michigan (khou.com)
McDonald’s Corporation (NYSE MCD) traded up 0.43% during trading on Wednesday, hitting $157.00. 4,686,277 shares of the stock were exchanged. McDonald’s Corporation has a 12-month low of $110.33 and a 12-month high of $161.72. The stock’s 50-day moving average price is $157.66 and its 200-day moving average price is $146.01. The firm has a market cap of $127.17 billion, a PE ratio of 25.70 and a beta of 0.70.
McDonald’s Corporation (NYSE:MCD) last posted its quarterly earnings results on Tuesday, July 25th. The fast-food giant reported $1.70 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.08. McDonald’s Corporation had a negative return on equity of 264.89% and a net margin of 21.00%. The business had revenue of $6.05 billion for the quarter, compared to analysts’ expectations of $5.96 billion. During the same quarter in the prior year, the business earned $1.45 EPS. The firm’s revenue for the quarter was down 3.4% on a year-over-year basis. On average, equities analysts expect that McDonald’s Corporation will post $6.55 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 18th. Shareholders of record on Friday, September 1st will be given a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a yield of 2.39%. The ex-dividend date is Wednesday, August 30th. McDonald’s Corporation’s payout ratio is 61.54%.
A number of analysts have commented on MCD shares. BidaskClub upgraded shares of McDonald’s Corporation from a “hold” rating to a “buy” rating in a report on Monday, August 14th. Barclays PLC reiterated an “overweight” rating and issued a $173.00 price objective (up previously from $164.00) on shares of McDonald’s Corporation in a report on Wednesday, July 26th. Vetr raised shares of McDonald’s Corporation from a “sell” rating to a “hold” rating and set a $159.47 price target for the company in a research note on Thursday, August 3rd. Bank of America Corporation reissued a “buy” rating and issued a $175.00 price target on shares of McDonald’s Corporation in a research note on Monday, August 14th. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $175.00 price target on shares of McDonald’s Corporation in a research note on Friday, September 8th. Twelve investment analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $162.26.
In related news, insider Douglas M. Goare sold 17,286 shares of the firm’s stock in a transaction dated Wednesday, July 26th. The stock was sold at an average price of $158.50, for a total value of $2,739,831.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Kevin M. Ozan sold 25,322 shares of the firm’s stock in a transaction dated Wednesday, July 26th. The shares were sold at an average price of $158.50, for a total value of $4,013,537.00. Following the completion of the sale, the chief financial officer now directly owns 24,039 shares in the company, valued at $3,810,181.50. The disclosure for this sale can be found here. Insiders have sold a total of 69,938 shares of company stock worth $11,033,009 in the last quarter. Company insiders own 0.24% of the company’s stock.
McDonald’s Corporation Company Profile
McDonald’s Corporation (McDonald’s) operates and franchises McDonald’s restaurants. The Company’s restaurants serve a locally relevant menu of food and drinks sold at various price points in over 100 countries. The Company’s segments include U.S., International Lead Markets, High Growth Markets, and Foundational Markets and Corporate.
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