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How Can McDonald's Corporation (MCD) Drive The Next Leg Of Growth?

03 February, 2018, 01:41 | Author: Samuel Sharp
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U.S. Bancorp (USB) is estimating to achieve earnings per share (EPS) growth of 8.40% for this year while EPS growth expected to touch 7.69% for next year.

A number of other large investors have also modified their holdings of the stock.

On 8/9/2017 Joseph M Erlinger, Insider, sold 10,793 with an average share price of $154.44 per share and the total transaction amounting to $1,666,870.92. Goldman Sachs Group set a $200.00 price target on McDonald's and gave the stock a "buy" rating in a report on Friday, January 19th. Nomura's target price indicates a potential upside of 15.34% from the stock's current price. The institutional investor held 308,054 shares of the consumer services company at the end of 2017Q3, valued at $50.39M, up from 294,554 at the end of the previous reported quarter. Nine equities research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company's stock. Also, the current price highlights a discount of 15.18% to analysts' high consensus price target. $751,013 worth of McDonald's Corporation (NYSE:MCD) shares were sold by Fairhurst David Ogden. 2,202,329 shares of the stock were exchanged, compared to its average volume of 3,166,227. McDonald's has a fifty-two week low of $121.70 and a fifty-two week high of $178.70. The company has a market capitalization of $141,715.69, a P/E ratio of 24.77, a P/E/G ratio of 2.80 and a beta of 0.67. The stock price value Change from Open was at 1.53% with a Gap of 0.01%.

Net income was $698.7bn in the fourth quarter, down 41% from the year-ago period, hit by $700m due to taxes on repatriated earnings following the USA tax reform passed in December. Earnings, adjusted for non-recurring costs, were $1.71 per share, beating the $1.59 per share analysts expected, according to Zacks Investment Research. Presently, it has a Return on Equity (ROE) of -234.20% and Return on Investment (ROI) of 23.40%. In the year-ago quarter, the fast food chain reported $6 billion in revenue.


McDonald's Corp. supersized its adjusted profits and sales, exceeding expectations, for the fourth quarter ended December 31, as cheap meals and promotional deals successfully lured more customers into stores. Stockholders of record on Thursday, March 1st will be given a dividend of 1.01 per share by the fast-food giant on Thursday, March 15th. Going forward, analysts expect MCD's payout to remain around the same level at 57.00% of its earnings, which leads to a dividend yield of 2.36%. The stock is now moving below its 20-Day Simple Moving Average of -1.27% with a 50-Day Simple Moving Average of -0.12 percent. 520.27 million shares or 3.02% less from 536.45 million shares in 2017Q2 were reported. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Want to see what other hedge funds are holding MCD?

New Amsterdam Partners Llc, which manages about $478.64 million US Long portfolio, decreased its stake in Manhattan Assocs Inc (NASDAQ:MANH) by 7,980 shares to 216,109 shares, valued at $8.98M in 2017Q3, according to the filing. The stock ended last trade at 86.95 a share and the price is up more than -5.37% so far this year. Howe & Rusling Inc. now owns 840 shares of the fast-food giant's stock valued at $132,000 after acquiring an additional 360 shares during the last quarter. Howe & Rusling Inc. lifted its holdings in shares of McDonald's by 75.0% in the 3rd quarter. The shares recently went down by -2.98% or -$5.29 and now trades at $172.48. Finally, Valmark Advisers Inc. increased its holdings in McDonald's by 0.3% in the 2nd quarter. Nikko Asset Mgmt Americas owns 55,200 shares for 0.42% of their portfolio. If you are viewing this story on another domain, it was stolen and reposted in violation of United States & global copyright and trademark law. More than 90 percent of the company's 37,000 locations worldwide are franchised. The Company's restaurants serve a locally relevant menu of food and drinks sold at various price points in over 100 countries.

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