Press coverage about McDonald's (NYSE:MCD) has trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. McDonald's earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave press coverage about the fast-food giant an impact score of 46.072538801682 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:
McDonald's (NYSE:MCD) traded up $1.30 during midday trading on Wednesday, reaching $174.98. The company’s stock had a trading volume of 4,129,573 shares, compared to its average volume of 3,150,882. The company has a quick ratio of 1.27, a current ratio of 1.28 and a debt-to-equity ratio of -8.17. McDonald's has a 12-month low of $119.82 and a 12-month high of $175.78. The company has a market capitalization of $141,730.00, a PE ratio of 25.25, a PEG ratio of 2.75 and a beta of 0.67.
McDonald's (NYSE:MCD) last released its earnings results on Tuesday, October 24th. The fast-food giant reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.75 by $0.01. McDonald's had a negative return on equity of 216.45% and a net margin of 24.19%. The firm had revenue of $5.75 billion during the quarter, compared to analysts’ expectations of $5.75 billion. During the same period in the prior year, the company earned $1.62 earnings per share. The company’s quarterly revenue was down 10.4% on a year-over-year basis. equities research analysts expect that McDonald's will post 6.53 earnings per share for the current year.
A number of equities research analysts have recently issued reports on MCD shares. Canaccord Genuity restated a “hold” rating and set a $170.00 price objective on shares of McDonald's in a report on Friday, October 6th. Nomura set a $180.00 price objective on McDonald's and gave the stock a “buy” rating in a report on Wednesday, October 25th. Stifel Nicolaus set a $172.00 price objective on McDonald's and gave the stock a “neutral” rating in a report on Wednesday, January 3rd. Piper Jaffray Companies boosted their price objective on McDonald's from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Thursday, December 14th. Finally, Jefferies Group upgraded McDonald's from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $150.00 to $200.00 in a report on Tuesday, December 5th. Ten analysts have rated the stock with a hold rating and twenty-five have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $179.28.
In other McDonald's news, VP James R. Sappington sold 8,046 shares of the company’s stock in a transaction on Wednesday, October 25th. The stock was sold at an average price of $165.00, for a total transaction of $1,327,590.00. Following the completion of the sale, the vice president now directly owns 15,739 shares in the company, valued at $2,596,935. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Stephen Easterbrook sold 171,577 shares of the company’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $168.32, for a total value of $28,879,840.64. Following the sale, the insider now owns 49,778 shares of the company’s stock, valued at $8,378,632.96. 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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