McDonald’s (NYSE:MCD – Get Free Report) had its target price reduced by analysts at Mizuho from $300.00 to $290.00 in a research report issued on Friday,Benzinga reports. The firm presently has a “neutral” rating on the fast-food giant’s stock. Mizuho’s price objective would indicate a potential upside of 7.33% from the company’s current price.
A number of other equities analysts have also recently commented on the company. Royal Bank Of Canada restated a “sector perform” rating on shares of McDonald’s in a report on Tuesday. Erste Group Bank lowered shares of McDonald’s from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. JPMorgan Chase & Co. reduced their price target on shares of McDonald’s from $325.00 to $305.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. Wells Fargo & Company lowered their price objective on shares of McDonald’s from $320.00 to $300.00 and set an “overweight” rating for the company in a research note on Thursday, July 16th. Finally, Morgan Stanley dropped their price objective on shares of McDonald’s from $331.00 to $322.00 and set an “equal weight” rating for the company in a report on Wednesday, July 15th. Fifteen equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat.com, McDonald’s presently has a consensus rating of “Moderate Buy” and an average price target of $331.92.
View Our Latest Research Report on MCD
McDonald’s Stock Up 0.7%
McDonald’s (NYSE:MCD – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The fast-food giant reported $2.83 EPS for the quarter, topping the consensus estimate of $2.74 by $0.09. The business had revenue of $6.52 billion during the quarter, compared to analyst estimates of $6.47 billion. McDonald’s had a negative return on equity of 442.10% and a net margin of 31.62%.The company’s quarterly revenue was up 9.4% on a year-over-year basis. During the same period last year, the business posted $2.67 earnings per share. On average, research analysts forecast that McDonald’s will post 12.86 EPS for the current fiscal year.
Insider Activity at McDonald’s
In other McDonald’s news, insider Joseph M. Erlinger sold 5,252 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $284.32, for a total transaction of $1,493,248.64. Following the sale, the insider owned 7,734 shares of the company’s stock, valued at approximately $2,198,930.88. This trade represents a 40.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Desiree Ralls-Morrison sold 2,763 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $278.36, for a total transaction of $769,108.68. Following the sale, the executive vice president owned 6,268 shares of the company’s stock, valued at $1,744,760.48. This represents a 30.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 8,348 shares of company stock worth $2,355,634 over the last quarter. 0.26% of the stock is currently owned by insiders.
Hedge Funds Weigh In On McDonald’s
Several large investors have recently bought and sold shares of MCD. Brighton Jones LLC increased its position in McDonald’s by 21.6% during the fourth quarter. Brighton Jones LLC now owns 9,286 shares of the fast-food giant’s stock worth $2,692,000 after buying an additional 1,649 shares during the period. Revolve Wealth Partners LLC grew its position in shares of McDonald’s by 2.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,942 shares of the fast-food giant’s stock worth $563,000 after acquiring an additional 52 shares during the last quarter. Sivia Capital Partners LLC grew its position in shares of McDonald’s by 11.4% during the second quarter. Sivia Capital Partners LLC now owns 2,017 shares of the fast-food giant’s stock worth $589,000 after acquiring an additional 206 shares during the last quarter. United Bank increased its holdings in shares of McDonald’s by 6.0% in the 2nd quarter. United Bank now owns 8,102 shares of the fast-food giant’s stock valued at $2,367,000 after acquiring an additional 459 shares during the period. Finally, Schnieders Capital Management LLC. raised its position in McDonald’s by 2.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 12,938 shares of the fast-food giant’s stock valued at $3,780,000 after purchasing an additional 312 shares during the last quarter. Institutional investors and hedge funds own 70.29% of the company’s stock.
More McDonald’s News
Here are the key news stories impacting McDonald’s this week:
- Positive Sentiment: Technical analyst Jay Woods said McDonald’s chart is beginning to point toward a potential buy signal, which could support investor interest. McDonald’s charts are starting to coil in the direction of a buy signal
- Positive Sentiment: McDonald’s declared a quarterly dividend of $1.86 per share, reinforcing the stock’s appeal to income-focused investors ahead of earnings. Will Dividend Strength and Softer Sales Expectations Change McDonald’s Long-Term Investment Narrative?
- Positive Sentiment: Analysts maintain a consensus “Moderate Buy” recommendation, while McDonald’s global scale and resilient business model remain part of the bullish long-term case. McDonald’s Corporation Receives Consensus Recommendation of Moderate Buy
- Neutral Sentiment: Investors are focused on whether value offerings, menu innovation and digital marketing can drive sales and profit growth in the second quarter. The earnings report is scheduled for August 4. McDonald’s Gears Up for Q2 Earnings: Key Factors to Watch
- Neutral Sentiment: Pre-earnings coverage is emphasizing estimates for same-store sales, restaurant traffic, margins and other operating metrics beyond revenue and earnings per share. Countdown to McDonald’s Q2 Earnings
- Negative Sentiment: Some analysts expect weaker earnings and slower same-store-sales growth, citing pressure on lower-income consumers and a recent traffic slowdown. Erste Group Bank Forecasts Weaker Earnings for McDonald’s
- Negative Sentiment: Valuation concerns remain: one analysis suggests MCD may be roughly 9% above estimated fair value, limiting upside if the earnings outlook disappoints. McDonald’s Stock May Be 9% Rich After Traffic Slowdown
McDonald’s Company Profile
McDonald’s Corporation (NYSE: MCD) is a global quick-service restaurant company best known for its hamburgers, French fries and breakfast offerings. The company develops, operates and franchises a system of restaurants that sell a range of food and beverage items, including signature products such as the Big Mac, Quarter Pounder, Chicken McNuggets, McCafé coffee beverages and a variety of salads, desserts and seasonal menu items. McDonald’s serves customers through company-operated restaurants and franchised locations, and it supports sales via dine-in, drive-thru, digital ordering platforms and third-party delivery partnerships.
Founded in 1940 by brothers Richard and Maurice McDonald as a single San Bernardino, California restaurant, the business was transformed into a franchising model after Ray Kroc joined in the mid-1950s and led the brand’s national and international expansion.
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