Media coverage about McDonald's (NYSE:MCD) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of news coverage by analyzing 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 nearest to one being the most favorable. McDonald's earned a coverage optimism score of 0.04 on Accern’s scale. Accern also gave news coverage about the fast-food giant an impact score of 43.7972467636264 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news articles that may have impacted Accern’s analysis:
Shares of McDonald's (MCD) traded up $0.09 during mid-day trading on Monday, hitting $176.21. The stock had a trading volume of 3,217,849 shares, compared to its average volume of 2,880,000. McDonald's has a one year low of $119.82 and a one year high of $176.83. The firm has a market cap of $142,730.00, a PE ratio of 25.43, a PEG ratio of 2.78 and a beta of 0.67. The company has a current ratio of 1.28, a quick ratio of 1.27 and a debt-to-equity ratio of -8.17.
McDonald's (NYSE:MCD) last issued its quarterly earnings results on Tuesday, October 24th. The fast-food giant reported $1.76 earnings per share (EPS) for the quarter, beating 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 company had revenue of $5.75 billion for the quarter, compared to analysts’ expectations of $5.75 billion. During the same period last year, the firm earned $1.62 EPS. The firm’s revenue for the quarter was down 10.4% on a year-over-year basis. sell-side analysts predict that McDonald's will post 6.53 EPS for the current year.
Several analysts recently commented on the company. Goldman Sachs Group set a $200.00 target price on McDonald's and gave the company a “buy” rating in a research report on Friday. Zacks Investment Research upgraded McDonald's from a “hold” rating to a “buy” rating and set a $196.00 target price on the stock in a research report on Thursday. Barclays restated an “overweight” rating and issued a $205.00 target price (up from $193.00) on shares of McDonald's in a research report on Tuesday, January 16th. JPMorgan Chase & Co. set a $186.00 target price on McDonald's and gave the company a “buy” rating in a research report on Friday, January 12th. Finally, Cowen restated a “buy” rating and issued a $200.00 target price on shares of McDonald's in a research report on Friday, January 5th. Nine investment analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $179.68.
In related news, VP James R. Sappington sold 8,046 shares of McDonald's stock in a transaction on Wednesday, October 25th. The stock was sold at an average price of $165.00, for a total value of $1,327,590.00. Following the transaction, the vice president now directly owns 15,739 shares in the company, valued at approximately $2,596,935. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Stephen Easterbrook sold 171,577 shares of McDonald'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 completion of the transaction, the insider now owns 49,778 shares in the company, valued at $8,378,632.96. The disclosure for this sale can be found here. Insiders own 0.24% of the company’s stock.
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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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