Somewhat Positive News Coverage Somewhat Unlikely to Impact McDonald’s (MCD) Share Price

News articles about McDonald’s (NYSE:MCD) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. McDonald’s earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave media headlines about the fast-food giant an impact score of 45.2244135986798 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the media headlines that may have impacted Accern Sentiment’s scoring:

Shares of McDonald’s (NYSE:MCD) traded up $2.34 during trading on Tuesday, hitting $172.99. The stock had a trading volume of 3,228,684 shares, compared to its average volume of 3,475,049. The stock has a market capitalization of $137,809.47, a price-to-earnings ratio of 27.01, a price-to-earnings-growth ratio of 2.83 and a beta of 0.67. The company has a current ratio of 1.28, a quick ratio of 1.27 and a debt-to-equity ratio of -8.17. McDonald’s has a 52-week low of $118.18 and a 52-week high of $174.25.

McDonald’s (NYSE:MCD) last issued its quarterly earnings data on Tuesday, October 24th. The fast-food giant reported $1.76 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.75 by $0.01. The firm had revenue of $5.75 billion during the quarter, compared to analyst estimates of $5.75 billion. McDonald’s had a negative return on equity of 216.45% and a net margin of 24.19%. The business’s quarterly revenue was down 10.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.62 earnings per share. sell-side analysts forecast that McDonald’s will post 6.52 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be given a dividend of $1.01 per share. This is a positive change from McDonald’s’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $4.04 dividend on an annualized basis and a dividend yield of 2.34%. McDonald’s’s dividend payout ratio (DPR) is presently 58.30%.

Several equities analysts have recently weighed in on MCD shares. Bank of America reissued a “buy” rating and set a $175.00 price target on shares of McDonald’s in a report on Monday, August 14th. BidaskClub raised McDonald’s from a “hold” rating to a “buy” rating in a report on Monday, August 14th. Robert W. Baird reissued a “buy” rating and set a $170.00 price target on shares of McDonald’s in a report on Friday, September 1st. Royal Bank Of Canada reissued a “buy” rating and set a $175.00 price target on shares of McDonald’s in a report on Friday, September 8th. Finally, Mizuho reissued a “buy” rating and set a $173.00 price target (up from $170.00) on shares of McDonald’s in a report on Wednesday, September 13th. Ten research analysts have rated the stock with a hold rating and twenty-five have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $173.95.

In related news, VP James R. Sappington sold 8,046 shares of McDonald’s stock in a transaction dated Wednesday, October 25th. The stock was sold at an average price of $165.00, for a total value of $1,327,590.00. Following the completion of the transaction, the vice president now owns 15,739 shares in the company, valued at $2,596,935. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Stephen Easterbrook sold 171,577 shares of McDonald’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $168.32, for a total value of $28,879,840.64. Following the completion of the transaction, the insider now owns 49,778 shares of the company’s stock, valued at approximately $8,378,632.96. The disclosure for this sale can be found here. Company insiders own 0.24% of the company’s stock.

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McDonald’s Company Profile

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.

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