The target implies a -24.55% decrease from where the shares are now trading.
McDonald's Corp. (MCD) has an Analysts' Mean Recommendation of 2. Stifel Nicolaus set a $172.00 target price on shares of McDonald's and gave the stock a neutral rating in a report on Wednesday, January 3rd. Tru Company Of Oklahoma reported 3,159 shares. The stock of McDonald's Corporation (NYSE:MCD) has "Buy" rating given on Tuesday, June 13 by Bank of America. While for the Next 5 years, the company could expect a growth of 8.45% per annum, whereas in the past Five years McDonald's Corp. McDonald's now has a consensus rating of "Buy" and a consensus target price of $182.15.
McDonald's Corp. (NYSE:MCD) touched its 1-Year High price of $178.70 on 01/29/18 and its 1-Year Low price of $121.70 on 02/01/17.
The counter witnessed a trading volume of 3.57 million shares versus an average volume of 3.99 million shares during last trading session. The company has a market capitalization of $141,715.69, a P/E ratio of 24.77, a P/E/G ratio of 2.80 and a beta of 0.67.
McDonald's (NYSE:MCD) last issued its quarterly earnings data on Tuesday, January 30th.
Though the company matched Wall Street estimates for USA comparable sales growth last quarter, the shares fell the most in more than four months - a sign the bar has been raised for the fast-food giant. The Return on Equity (ROE) value stands at -234.2%.
Revenues fell 11 per cent to US$5.3 billion following the sale of company-owned restaurants to franchisers.
McDonald's Corporation (NYSE:MCD) was more active in the last trading session as around 6.07 million shares exchanged hands on Wall Street, representing an increase from its normal capacity of 2.9 million shares.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st will be given a dividend of 1.01 per share by the fast-food giant on Thursday, March 15th. McDonald's's payout ratio is 58.30%. R-G Niederhoffer Capital Management Inc bought 2,500 shares as the company's stock rose 15.92% with the market.
Whereas its latest closing price kept its distance from the SMA20 at -10.85% and -6.63% from SMA 50 while it was knocked up 11.01% from the simple moving average price of 200 days. Following the transaction, the insider now directly owns 49,778 shares in the company, valued at approximately $8,378,632.96.
Several other institutional investors have also sold shares of the company. Proficio Capital Partners LLC raised its holdings in McDonald's by 0.7% during the second quarter. Baker Avenue Asset Management LP now owns 1,703 shares of the fast-food giant's stock valued at $261,000 after buying an additional 47 shares in the last quarter. AlphaMark Advisors LLC increased its holdings in McDonald's by 0.4% in the 2nd quarter. They now have a $198.00 target price on the fast-food giant's stock, up from their previous target price of $190.00.
Penobscot Investment Management Company Inc. decreased its stake in shares of McDonald's Co. The company now pays out a dividend yield of 2.27% to shareholders, making it a relatively attractive dividend stock. FMR LLC lifted its holdings in McDonald's by 72.9% during the second quarter.
Demitrios Kalogeropoulos owns shares of McDonald's and Starbucks. Miles Capital Inc. purchased a new position in shares of McDonald's in the second quarter valued at $204,000. Meritage Portfolio Mgmt reported 4,368 shares. Sanford C. Bernstein reiterated an "outperform" rating and set a $195.00 price target (up from $180.00) on shares of McDonald's in a report on Wednesday. If you are reading this article on another website, it was stolen and republished in violation of USA and global copyright & trademark law. Operating income in the segment increased 14 percent, (7 percent in constant currencies), driven by improvements in franchised margin dollars. The Company's restaurants serve a locally relevant menu of food and drinks sold at various price points in over 100 countries.