Headlines about McDonald's (NYSE:MCD) have trended somewhat negative recently, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. McDonald's earned a daily sentiment score of -0.18 on Accern’s scale. Accern also assigned news coverage about the fast-food giant an impact score of 43.4268534877914 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news articles that may have effected Accern’s scoring:
- Digger in McDonald’s ‘drive-thru’ robbery – BBC News (bbc.co.uk)
- This Labor Ruling Might Be the End of McDonald’s as You Know It – Inc.com (inc.com)
- On the menu for McDonald's: Cut greenhouse gas emissions (finance.yahoo.com)
- McDonald’s agrees settlement in franchisees’ U.S. labor case (feeds.reuters.com)
- McDonald’s reaches settlement in ‘joint-employer’ lawsuit (marketbeat.com)
A number of research firms have recently weighed in on MCD. Credit Suisse Group reaffirmed an “outperform” rating and issued a $175.00 target price (down from $191.00) on shares of McDonald's in a research report on Tuesday, March 6th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $170.00 target price on shares of McDonald's in a research report on Monday, March 12th. Zacks Investment Research downgraded shares of McDonald's from a “buy” rating to a “hold” rating in a research report on Wednesday, March 7th. BMO Capital Markets reaffirmed a “buy” rating and issued a $190.00 target price on shares of McDonald's in a research report on Monday, March 12th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a $182.00 target price on shares of McDonald's in a research report on Monday, March 12th. Nine research analysts have rated the stock with a hold rating and twenty-five have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $183.02.
McDonald's (MCD) traded up $0.37 on Tuesday, reaching $159.38. 3,097,814 shares of the company’s stock traded hands, compared to its average volume of 4,994,108. The company has a quick ratio of 1.82, a current ratio of 1.84 and a debt-to-equity ratio of -9.04. The company has a market cap of $128,994.68, a PE ratio of 25.06, a P/E/G ratio of 2.45 and a beta of 0.65. McDonald's has a 1-year low of $128.18 and a 1-year high of $178.70.
McDonald's (NYSE:MCD) last posted its earnings results on Tuesday, January 30th. The fast-food giant reported $1.71 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.59 by $0.12. McDonald's had a net margin of 22.75% and a negative return on equity of 201.76%. The business had revenue of $5.34 billion for the quarter, compared to analysts’ expectations of $5.22 billion. During the same quarter in the prior year, the business earned $1.44 EPS. The business’s revenue for the quarter was down 11.4% compared to the same quarter last year. research analysts forecast that McDonald's will post 7.59 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st were paid a $1.01 dividend. This represents a $4.04 annualized dividend and a dividend yield of 2.53%. The ex-dividend date of this dividend was Wednesday, February 28th. McDonald's’s dividend payout ratio (DPR) is presently 63.52%.
In other news, VP Catherine A. Hoovel sold 1,398 shares of the stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $170.54, for a total value of $238,414.92. Following the transaction, the vice president now owns 1,398 shares in the company, valued at approximately $238,414.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Douglas M. Goare sold 34,575 shares of the stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $173.53, for a total transaction of $5,999,799.75. The disclosure for this sale can be found here. 0.24% of the stock is owned by corporate insiders.
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McDonald's 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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