Traders sold shares of McDonald's Co. (NYSE:MCD) on strength during trading on Monday. $162.26 million flowed into the stock on the tick-up and $269.13 million flowed out of the stock on the tick-down, for a money net flow of $106.87 million out of the stock. Of all stocks tracked, McDonald's had the 0th highest net out-flow for the day. McDonald's traded up $3.10 for the day and closed at $163.90
Several equities analysts have recently commented on MCD shares. Jefferies Group raised shares of McDonald's from a “hold” rating to a “buy” rating and increased their price target for the stock 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 report 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 report 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 price target on the stock in a research report on Tuesday, January 2nd. Finally, Credit Suisse Group increased their price target on shares of McDonald's from $170.00 to $178.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 25th. Nine research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the stock. McDonald's presently has an average rating of “Buy” and an average price target of $184.95.
The company has a quick ratio of 1.27, a current ratio of 1.28 and a debt-to-equity ratio of -8.17. The company has a market capitalization of $130,658.72, a price-to-earnings ratio of 25.25, a PEG ratio of 2.38 and a beta of 0.59.
McDonald's (NYSE:MCD) last announced its quarterly earnings results on Tuesday, January 30th. The fast-food giant reported $1.71 EPS for the quarter, beating the consensus estimate of $1.59 by $0.12. McDonald's had a net margin of 22.75% and a negative return on equity of 217.17%. The company had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.22 billion. During the same quarter last year, the business earned $1.44 earnings per share. McDonald's’s revenue was down 11.4% compared to the same quarter last year. equities analysts expect that McDonald's Co. will post 7.65 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders 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 annualized dividend and a dividend yield of 2.51%. McDonald's’s payout ratio is currently 63.52%.
In other McDonald's news, VP Catherine A. Hoovel sold 1,398 shares of the firm’s stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $170.54, for a total value of $238,414.92. Following the sale, the vice president now owns 1,398 shares in the company, valued at $238,414.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Stephen Easterbrook sold 171,577 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $168.32, for a total transaction of $28,879,840.64. Following the completion of the sale, the insider now owns 49,778 shares in the company, valued at approximately $8,378,632.96. The disclosure for this sale can be found here. Insiders sold 207,550 shares of company stock worth $35,118,055 in the last 90 days. 0.24% of the stock is owned by company insiders.
Several large investors have recently made changes to their positions in MCD. Horan Capital Advisors LLC. acquired a new position in shares of McDonald's during the third quarter valued at approximately $104,000. Phocas Financial Corp. acquired a new position in shares of McDonald's during the second quarter valued at approximately $107,000. Pinnacle Wealth Planning Services Inc. acquired a new position in shares of McDonald's during the fourth quarter valued at approximately $109,000. Tarbox Family Office Inc. increased its stake in shares of McDonald's by 105.8% during the fourth quarter. Tarbox Family Office Inc. now owns 638 shares of the fast-food giant’s stock valued at $110,000 after acquiring an additional 328 shares during the period. Finally, Horan Capital Management acquired a new position in shares of McDonald's during the fourth quarter valued at approximately $110,000. Institutional investors own 67.43% of the company’s stock.
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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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