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

McDonald's (NYSE:MCD) has seen a decrease in short interest by 11.49% since its last report, with 5.57 million shares sold short, representing 0.77% of all regular shares available for trading. This suggests that traders are becoming less bearish on the stock. However, this does not necessarily indicate that the stock price will rise in the near term. Compared to its peers, McDonald's has less short interest, with the average for its peer group being 8.37%.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 2:00 pm

Blink Charging has signed an agreement with Arcos Dorados, a franchisee of McDonald's, to provide electric vehicle (EV) charging stations at five McDonald's locations in Puerto Rico. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 12:33 pm

A significant amount of unusual options activity has been observed for McDonald's (NYSE:MCD), with a majority of investors taking a bearish stance. The trades range from $225.0 to $300.0 for McDonald's over the last 3 months. The price of MCD is currently down -0.74% at $279.66. Several experts maintain an Outperform rating on McDonald's, with price targets ranging from $330 to $345.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 5:30 pm

Truist Securities analyst Jake Bartlett reiterated a Buy rating on The Wendy's Co (WEN) with a price target of $26. Despite stiff competition from McDonald's Corporation (MCD) and Restaurant Brands International Inc (QSR) owned Burger King, Bartlett believes all three can be successful given increasing sales and share gains from smaller competitors. WEN's share gains are driven by scale advantages, including technology investments. Bartlett also noted that WEN does not plan on driving traffic with deep discounts and expects the same from its competitors.

Portfolio Pulse from Shivani Kumaresan

August 18, 2023 | 4:54 pm

A significant bearish stance on McDonald's (NYSE:MCD) has been observed through unusual options activity. The sentiment among these big-money traders is split between 30% bullish and 69% bearish. The whales have been targeting a price range from $120.0 to $310.0 for McDonald's over the last 3 months. The current price of MCD is down -1.04% at $282.44. Several financial institutions have maintained their ratings on McDonald's with price targets ranging from $310 to $340.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 7:30 pm

On CNBC's 'Halftime Report Final Trades', Exxon Mobil, McDonald's, and Visa were highlighted. Exxon Mobil trades at 12 times earnings with a 3.3% dividend yield and reported Q2 revenues of $82.91 billion, beating consensus. McDonald's reported a strong quarter with 13.6% YoY sales growth to $6.50 billion. Visa posted better-than-expected earnings for its Q3. All three stocks saw gains on Monday.

Portfolio Pulse from Lisa Levin

August 15, 2023 | 12:27 pm

Street.com Action Alert Plus has mentioned McDonald's (MCD) as a buy recommendation.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 5:40 pm

The article reports on the options activity of 10 consumer discretionary stocks in today's session. The stocks include Tesla (TSLA), Williams-Sonoma (WSM), NIO Inc. (NIO), Carvana Co. (CVNA), Ford Motor Company (F), The Home Depot (HD), Winnebago Industries (WGO), McDonald's Corporation (MCD), Rivian Automotive (RIVN), and MGM Resorts International (MGM). 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 14, 2023 | 5:35 pm

The CNBC Halftime Report discussed final trades involving Visa, McDonald's, and Exxon Mobil. The specifics of the discussion were not provided.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 4:59 pm

Over the past 20 years, McDonald's (NYSE:MCD) has outperformed the market by 5.87% on an annualized basis, producing an average annual return of 13.59%. If an investor had bought $100 of MCD stock 20 years ago, it would be worth $1,250.87 today.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 2:30 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.