Streetbeat News

MCD

McDonald's Corporation

https://corporate.mcdonalds.com

Industry

Restaurants

McDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally. Its restaurants offer hamburgers and cheeseburgers, chicken sandwiches and nuggets, wraps, fries, salads, oatmeal, shakes, desserts, sundaes, soft serve cones, bakery items, soft drinks, coffee, and beverages and other beverages, as well as breakfast menu, including biscuit and bagel sandwiches, breakfast burritos, hotcakes, and other sandwiches. As of December 31, 2021, the company operated 40,031 restaurants. McDonald's Corporation was founded in 1940 and is headquartered in Chicago, Illinois.

Open

294.84

Mkt cap

212B

Volume

1.3M

High

296.50

P/E Ratio

25.93

52-wk high

317.90

Low

293.87

Div yield

0.02

52-wk low

243.53

Insiders at Snap Inc. (SNAP), Moderna Inc. (MRNA), McDonald's Corporation (MCD), and United States Steel Corporation (X) have recently sold shares. Snap announced a significant leadership change in its India operations. Moderna entered a cancer collaboration with CARsgen. McDonald's Japan introduced a new theme to their Happy Set. United States Steel engaged in confidentiality agreements with several interested parties and began sharing due diligence information.

Portfolio Pulse from Lisa Levin

September 05, 2023 | 11:57 am

McDonald's (NYSE:MCD) has outperformed the market over the past 20 years by 5.51% on an annualized basis, producing an average annual return of 13.17%. If an investor had bought $1000 of MCD stock 20 years ago, it would be worth $11,993.15 today.

Portfolio Pulse from Benzinga Insights

September 01, 2023 | 7:00 pm

Burger King, a subsidiary of Restaurant Brands International (NYSE:QSR), is facing a lawsuit alleging that the company deceived customers by portraying its Whopper sandwich as larger than it is. The judge rejected Burger King's attempt to dismiss the lawsuit and allowed customers to pursue claims based on negligence and unjust enrichment. Similar lawsuits are being faced by McDonald's Corporation (NYSE:MCD), The Wendy's Co (NASDAQ:WEN), and Taco Bell, a subsidiary of Yum! Brands Inc (NYSE:YUM). Each lawsuit is seeking a minimum of $5 million in damages.

Portfolio Pulse from Vandana Singh

August 30, 2023 | 1:53 pm

A significant bearish stance has been taken on McDonald's (NYSE:MCD) by a large investor or institution, as indicated by unusual options activity. The sentiment among these big-money traders is 80% bearish and 20% bullish. The whales have been targeting a price range from $275.0 to $305.0 for McDonald's over the last 3 months. The price of MCD is currently down -0.55% at $282.12.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 4:31 pm

The article lists the top 10 stocks on WallStreetBets as of August 28, 2023. The stocks mentioned are Apple Inc. (AAPL), C3.ai Inc. (AI), AMC Entertainment Holdings Inc. (AMC), Advanced Micro Devices Inc. (AMD), The Walt Disney Company (DIS), McDonald's Corporation (MCD), NVIDIA Corporation (NVDA), Invesco QQQ Trust (QQQ), Tesla Inc. (TSLA), and VFS Global (VFS).

Portfolio Pulse from Benzinga Newsdesk

August 28, 2023 | 1:33 pm

McDonald's Japan has announced a new theme for their Happy Set, inspired by the popular manga 'Spy x Family'. The set will include original coloring pages and stickers, with the campaign set to launch on September 1, 2023. This move is seen as another example of McDonald's leveraging popular culture trends to engage with their audience.

Portfolio Pulse from Benzinga Neuro

August 28, 2023 | 3:37 am

A significant bullish stance on McDonald's (NYSE:MCD) has been observed in the options market. The sentiment among big-money traders is split between 76% bullish and 23% bearish. The whales have been targeting a price range from $225.0 to $295.0 for McDonald's over the last 3 months. Analysts from TD Cowen, Wells Fargo, Stephens & Co., Baird, and Wedbush have given price targets ranging from $310 to $330.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 4:46 pm

McDonald's Corp. (NYSE:MCD) is facing several legal issues including a labor-related compensation case in Brazil, a racial discrimination lawsuit in Chicago, and is introducing a new McFlurry flavor in Australia. The legal challenges could potentially impact McDonald's stock.

Portfolio Pulse from Mohit Manghnani

August 24, 2023 | 1:16 pm

The article reports on the options activity of 10 consumer discretionary stocks in today's session. The stocks include Tesla (TSLA), Foot Locker (FL), Burlington Stores (BURL), Ulta Beauty (ULTA), Carvana (CVNA), McDonald's (MCD), Chipotle Mexican Grill (CMG), RH (RH), Starbucks (SBUX), and Lululemon Athletica (LULU). The article provides detailed information about the type of options activity (put/call), trade type, sentiment, expiration date, strike price, total trade price, open interest, and volume for each stock.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 5:35 pm

Blink Charging Co (NASDAQ:BLNK) has signed an agreement with Arcos Dorados Holdings Inc. (NYSE:ARCO), a McDonald's Corporation (NYSE:MCD) franchisee, to provide EV charging solutions to five restaurants in Puerto Rico. The Blink-owned IQ 200 pedestal chargers will be installed at Arcos Dorados franchises throughout Puerto Rico starting from August 2023. Blink has sold or deployed 2,138 chargers across eight countries in LATAM since 2020.

Portfolio Pulse from Shivani Kumaresan

August 22, 2023 | 4:08 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.