The McDonald’s Co. (MCD) Stock Rating Lowered by Vetr Inc.

The McDonald’s Co. (MCD) Stock Rating Lowered by Vetr Inc.

A number of other research analysts also recently weighed in on MCD. Barclays PLC reissued an “overweight” rating and set a $164.00 target price (up from $155.00) on shares of McDonald's Co. in a research report on Tuesday, May 30th. Royal Bank of Canada reissued a “buy” rating and set a $155.00 target price on shares of McDonald's Co. in a research report on Friday. Sanford C. Bernstein reissued an “outperform” rating and set a $170.00 target price (up from $160.00) on shares of McDonald's Co. in a research report on Thursday, May 25th. Goldman Sachs Group Inc set a $126.00 target price on shares of McDonald's Co. and gave the company a “neutral” rating in a research report on Friday, March 3rd. Finally, Piper Jaffray Companies increased their target price on shares of McDonald's Co. from $140.00 to $153.00 and gave the company an “overweight” rating in a research report on Wednesday, April 26th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and nineteen have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $142.71.

McDonald's Co. (NYSE:MCD) was downgraded by equities research analysts at Vetr from a “hold” rating to a “sell” rating in a report released on Monday. They presently have a $147.92 price objective on the fast-food giant’s stock. Vetr‘s price objective would suggest a potential downside of 3.79% from the company’s current price.

Shares of McDonald's Co. (MCD) opened at 153.74 on Monday. McDonald's Co. has a 12 month low of $110.33 and a 12 month high of $153.90. The firm has a market capitalization of $125.31 billion, a P/E ratio of 27.14 and a beta of 0.69. The firm’s 50-day moving average is $143.61 and its 200 day moving average is $129.27.

McDonald's Co. (NYSE:MCD) last released its earnings results on Tuesday, April 25th. The fast-food giant reported $1.47 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.33 by $0.14. McDonald's Co. had a net margin of 18.93% and a return on equity of 514.39%. The firm had revenue of $5.68 billion during the quarter, compared to the consensus estimate of $5.53 billion. During the same period in the prior year, the firm earned $1.23 EPS. The company’s revenue was down 3.9% compared to the same quarter last year. On average, equities research analysts anticipate that McDonald's Co. will post $6.38 EPS for the current year. The firm also recently announced a quarterly dividend, which will be paid on Monday, June 19th. Investors of record on Monday, June 5th will be issued a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a dividend yield of 2.45%. The ex-dividend date of this dividend is Thursday, June 1st. McDonald's Co.’s dividend payout ratio is currently 69.37%.

McDonald's Co. (NYSE:MCD) last released its earnings results on Tuesday, April 25th. The fast-food giant reported $1.47 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.33 by $0.14. McDonald's Co. had a net margin of 18.93% and a return on equity of 514.39%. The firm had revenue of $5.68 billion during the quarter, compared to the consensus estimate of $5.53 billion. During the same period in the prior year, the firm earned $1.23 EPS. The company’s revenue was down 3.9% compared to the same quarter last year. On average, equities research analysts anticipate that McDonald's Co. will post $6.38 EPS for the current year. In other McDonald's Co. news, Director John J. Mulligan bought 1,600 shares of McDonald's Co. stock in a transaction that occurred on Wednesday, March 22nd. The shares were bought at an average price of $128.94 per share, with a total value of $206,304.00. Following the acquisition, the director now owns 1,600 shares in the company, valued at $206,304. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP James R. Sappington sold 13,912 shares of the stock in a transaction on Thursday, April 27th. The shares were sold at an average price of $141.39, for a total transaction of $1,967,017.68. Following the transaction, the vice president now directly owns 14,608 shares in the company, valued at approximately $2,065,425.12. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by company insiders.

Several institutional investors have recently added to or reduced their stakes in MCD. Zions Bancorporation raised its stake in shares of McDonald's Co. by 0.6% in the fourth quarter. Zions Bancorporation now owns 1,069 shares of the fast-food giant’s stock worth $130,000 after buying an additional 6 shares during the period. Diversified Trust Co raised its stake in shares of McDonald's Co. by 0.3% in the first quarter. Diversified Trust Co now owns 1,986 shares of the fast-food giant’s stock worth $257,000 after buying an additional 6 shares during the period. D Orazio & Associates Inc. raised its stake in shares of McDonald's Co. by 0.6% in the first quarter. D Orazio & Associates Inc. now owns 1,096 shares of the fast-food giant’s stock worth $142,000 after buying an additional 6 shares during the period. Catawba Capital Management VA raised its stake in shares of McDonald's Co. by 0.3% in the first quarter. Catawba Capital Management VA now owns 2,950 shares of the fast-food giant’s stock worth $382,000 after buying an additional 9 shares during the period. Finally, Van Cleef Asset Management Inc raised its stake in shares of McDonald's Co. by 0.4% in the first quarter. Van Cleef Asset Management Inc now owns 2,550 shares of the fast-food giant’s stock worth $331,000 after buying an additional 11 shares during the period. 67.19% of the stock is currently owned by institutional investors. About McDonald's Co.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “MCD”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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