McDonald’s (NYSE:MCD – Get Free Report) had its price objective boosted by investment analysts at Citigroup from $295.00 to $315.00 in a research report issued on Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the fast-food giant’s stock. Citigroup‘s price target points to a potential upside of 13.98% from the company’s current price.
A number of other research firms have also weighed in on MCD. Jefferies Financial Group reduced their target price on McDonald’s from $260.00 to $250.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 29th. Rothschild & Co Redburn lowered their target price on shares of McDonald’s from $306.00 to $285.00 in a research note on Wednesday, August 26th. HC Wainwright set a $250.00 price target on shares of McDonald’s in a report on Friday, September 25th. Piper Sandler set a $286.00 price target on shares of McDonald’s in a research note on Tuesday, August 4th. Finally, Loop Capital reduced their price target on shares of McDonald’s from $301.00 to $273.00 and set a “hold” rating on the stock in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, McDonald’s currently has a consensus rating of “Moderate Buy” and a consensus price target of $297.82.
Check Out Our Latest Research Report on MCD
McDonald’s Price Performance
Shares of MCD traded down $1.68 during mid-day trading on Thursday, reaching $276.36. 6,331,310 shares of the company’s stock traded hands, compared to its average volume of 5,495,061. The stock has a market cap of $195.56 billion, a P/E ratio of 21.86, a P/E/G ratio of 3.03 and a beta of 0.42. The stock’s 50-day moving average is $248.76 and its two-hundred day moving average is $282.57. McDonald’s has a 12 month low of $229.20 and a 12 month high of $341.75.
McDonald’s (NYSE:MCD – Get Free Report) last issued its quarterly earnings results on Wednesday, November 4th. The fast-food giant reported $3.57 earnings per share for the quarter, topping the consensus estimate of $3.38 by $0.19. McDonald’s had a negative return on equity of 572.06% and a net margin of 31.72%. The firm had revenue of $7.16 billion for the quarter, compared to the consensus estimate of $7.28 billion. During the same period in the prior year, the business posted $3.22 earnings per share. The company’s revenue for the quarter was up 1.1% on a year-over-year basis. Research analysts predict that McDonald’s will post 12.84 earnings per share for the current year.
Institutional Trading of McDonald’s
A number of hedge funds have recently bought and sold shares of MCD. State Street Corp boosted its position in McDonald’s by 1.8% during the second quarter. State Street Corp now owns 36,080,505 shares of the fast-food giant’s stock valued at $9,752,921,000 after purchasing an additional 646,675 shares in the last quarter. Bank of New York Mellon Corp bought a new position in McDonald’s in the second quarter worth about $1,359,276,000. Arrowstreet Capital Limited Partnership lifted its position in shares of McDonald’s by 17.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,637,785 shares of the fast-food giant’s stock valued at $1,130,587,000 after buying an additional 533,448 shares during the last quarter. Swiss National Bank lifted its position in shares of McDonald’s by 6.9% during the first quarter. Swiss National Bank now owns 2,089,980 shares of the fast-food giant’s stock valued at $649,545,000 after buying an additional 134,480 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of McDonald’s by 3.4% during the first quarter. Dimensional Fund Advisors LP now owns 1,909,321 shares of the fast-food giant’s stock valued at $593,366,000 after buying an additional 62,562 shares during the last quarter. Hedge funds and other institutional investors own 70.29% of the company’s stock.
McDonald’s News Roundup
Here are the key news stories impacting McDonald’s this week:
- Positive Sentiment: Argus raised its price target to $320 from $310 and reiterated a “buy” rating, signaling confidence in the stock’s prospects. Argus rating
- Neutral Sentiment: McDonald’s is testing value bundles at nearly 2,000 U.S. restaurants, ahead of a planned national value platform in early 2027. The deals may help bring back customers, but the company is still assessing their effect on traffic and orders. McDonald’s value-bundle test
- Neutral Sentiment: Third-quarter profit beat analyst estimates, but revenue missed and U.S. comparable sales declined. That mixed backdrop helps explain why investors are watching for evidence that value promotions can sustain a domestic recovery. Q3 earnings and U.S. traffic
- Negative Sentiment: Consumers have filed a lawsuit alleging McDonald’s labeled McCafé drinks “sugar free” despite some containing as much as 18 grams of sugar. The allegations are unproven, but the case could create legal and reputational risk. McCafé labeling lawsuit
- Negative Sentiment: Freedom Broker cut its rating from “buy” to “hold” and lowered its price target to $298 from $305, adding a more cautious view alongside the recent analyst optimism. Freedom Broker rating change
About McDonald’s
McDonald’s Corporation is a global quick-service restaurant company that operates and franchises restaurants under the McDonald’s brand. Its restaurants serve a menu that includes hamburgers, cheeseburgers, chicken sandwiches, French fries, breakfast items, desserts, salads, beverages and coffee. Offerings vary by market, and many locations provide drive-thru service, delivery and digital ordering through the McDonald’s mobile app.
The company operates through a heavily franchised business model, with restaurants owned and operated by independent franchisees, affiliates and the company itself.
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