The 52 week high for the share price is now at 131.96 United States dollars while the year low share price is now 92.6 USD. (NYSE:MCD) opened at 114.52 on Tuesday. The 20 day simple moving average is -2.74% and the 200 day simple moving average is -2.73%. The stock has a market cap of $97.73 billion and a PE ratio of 21.87.
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On 8/30/2016, McDonald’s Corporation (NYSE:MCD) finished the previous buying and selling session with the price of $115.36. The fast-food giant reported $1.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.39 by $0.06. The firm earned $6.27 billion during the quarter, compared to analysts’ expectations of $6.28 billion. A year ago the company’s sales were $6.62B. The total traded volume was 3,966,619 shares. Shareholders of record on Thursday, September 1st will be paid a $0.89 dividend. MCD has a dividend yield of 3.08%. The ex-dividend date of this dividend is Tuesday, August 30th. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. Usa Financial Portformulas Corp, a Michigan-based fund reported 113,872 shares.
The buoyancy in the outlook of McDonald’s Corp. RPg Family Wealth Advisory LLC increased its stake in McDonald’s Corp.by 572.4% in the first quarter. The market is optimistic on the stock if the rating is 1 while the street is negative if the rating is 5. Cypress Capital Management LLC WY purchased a new stake in McDonald’s Corp. during the second quarter worth approximately $178,000. The stock decreased 0.22% or $0.26 during the last trading session, hitting $115.4.
Several other brokerages also recently weighed in on MCD. Finally, TheStreet downgraded McDonald’s Corp. from a “buy” rating to a “hold” rating in a research note on Friday, August 5th. The Median price target for the stock is listed at $130.
08/08/2016 – McDonald’s Corporation had its “buy” rating reiterated by analysts at Deutsche Bank. For the next twelve months, the average of individual price target estimates submitted by covering sell-side analysts is $129.36. 0 analysts hold “Sell” rating for the stock.
At the current price McDonald’s Corp.
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In other McDonald’s Corp. news, Chairman Andrew J. Mckenna sold 70,000 shares of the business’s stock in a transaction on Thursday, August 4th. The PEG ratio is used to determine a stock’s value while taking the company’s earnings growth into account, and is considered to provide a more complete picture than the P/E ratio. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. McDonald’s Corp.is in the Restaurants industry and Services sector. The Company’s restaurants serve a locally-relevant menu of quality food and drinks sold at various price points in over 100 countries. The Company’s divisions include U.S., International Lead Markets, High Growth Markets and Foundational Markets and Corporate.
