McDonald's (MCD) Receives Daily News Sentiment Rating of 0.16
Media headlines about McDonald's (NYSE:MCD) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. McDonald's earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave news headlines about the fast-food giant an impact score of 45.6507729771055 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Chanos delivers Xmas list of shorts – Seeking Alpha (seekingalpha.com)
- McDonald’s to bring bottled McCafe drinks to store shelves (wsvn.com)
- McDonald’s Corporation (MCD) Expected to Announce Quarterly Sales of $5.26 Billion (americanbankingnews.com)
- Chicago’s Iconic Rock ‘n’ Roll McDonald’s Closes For Remodel (patch.com)
- Labor board’s reversal limits liability for McDonald’s, other franchised companies (chicagotribune.com)
A number of research analysts have recently commented on MCD shares. Longbow Research raised shares of McDonald's from a “neutral” rating to a “buy” rating and upped their price objective for the company from $154.05 to $183.00 in a research note on Thursday, September 28th. Zacks Investment Research raised shares of McDonald's from a “hold” rating to a “buy” rating and set a $178.00 price objective for the company in a research note on Tuesday, September 26th. Credit Suisse Group set a $170.00 price objective on shares of McDonald's and gave the company a “buy” rating in a research note on Wednesday, September 20th. Sanford C. Bernstein set a $180.00 target price on shares of McDonald's and gave the stock a “buy” rating in a research report on Tuesday, September 19th. Finally, Mizuho reissued a “buy” rating and set a $173.00 target price (up previously from $170.00) on shares of McDonald's in a research report on Wednesday, September 13th. Ten equities research analysts have rated the stock with a hold rating and twenty-five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $175.05.
McDonald's (NYSE:MCD) last released its earnings results on Tuesday, October 24th. The fast-food giant reported $1.76 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.75 by $0.01. The company had revenue of $5.75 billion during the quarter, compared to analysts’ expectations of $5.75 billion. McDonald's had a negative return on equity of 216.45% and a net margin of 24.19%. The business’s revenue was down 10.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.62 EPS. equities analysts forecast that McDonald's will post 6.53 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, December 1st were paid a dividend of $1.01 per share. This is a boost from McDonald's’s previous quarterly dividend of $0.94. This represents a $4.04 annualized dividend and a dividend yield of 2.32%. The ex-dividend date was Thursday, November 30th. McDonald's’s dividend payout ratio is 58.30%.
In other news, insider Stephen Easterbrook sold 171,577 shares of the stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $168.32, for a total transaction of $28,879,840.64. Following the completion of the transaction, the insider now directly owns 49,778 shares in the company, valued at approximately $8,378,632.96. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP James R. Sappington sold 8,046 shares of the stock in a transaction that occurred on Wednesday, October 25th. The shares were sold at an average price of $165.00, for a total value of $1,327,590.00. Following the transaction, the vice president now owns 15,739 shares of the company’s stock, valued at $2,596,935. The disclosure for this sale can be found here. Corporate insiders own 0.24% 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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