Media stories about McDonald's (NYSE:MCD) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of 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 assigned news articles 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 stock’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
McDonald's (NYSE:MCD) opened at $171.90 on Friday. The company has a debt-to-equity ratio of -8.17, a quick ratio of 1.27 and a current ratio of 1.28. McDonald's has a 12 month low of $122.26 and a 12 month high of $178.70. The firm has a market cap of $139,240.00, a price-to-earnings ratio of 27.03, a PEG ratio of 2.63 and a beta of 0.67.
McDonald's (NYSE:MCD) last posted its quarterly earnings results on Tuesday, January 30th. The fast-food giant reported $1.71 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.59 by $0.12. The business had revenue of $5.34 billion for the quarter, compared to analysts’ expectations of $5.22 billion. McDonald's had a net margin of 22.75% and a negative return on equity of 217.17%. The business’s revenue for the quarter was down 11.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.44 EPS. research analysts predict that McDonald's will post 7.39 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 1st will be paid a $1.01 dividend. The ex-dividend date is Wednesday, February 28th. This represents a $4.04 dividend on an annualized basis and a yield of 2.35%. McDonald's’s payout ratio is 63.52%.
Several analysts have recently issued reports on MCD shares. Jefferies Group upgraded shares of McDonald's from a “hold” rating to a “buy” rating and lifted their target price for the company from $150.00 to $200.00 in a research report on Tuesday, December 5th. Goldman Sachs Group set a $173.00 price target on shares of McDonald's and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Deutsche Bank set a $185.00 price target on shares of McDonald's and gave the stock a “buy” rating in a research note on Thursday, October 26th. Zacks Investment Research raised shares of McDonald's from a “hold” rating to a “buy” rating and set a $194.00 target price on the stock in a research note on Tuesday, January 2nd. Finally, Credit Suisse Group lifted their target price on shares of McDonald's from $170.00 to $178.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 25th. Nine analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $183.42.
In related news, insider Stephen Easterbrook sold 171,577 shares of the stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $168.32, for a total value of $28,879,840.64. Following the sale, the insider now directly owns 49,778 shares of the company’s stock, valued at approximately $8,378,632.96. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.24% of the stock is currently owned by corporate insiders.
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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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