News headlines about McDonald's (NYSE:MCD) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog 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 daily sentiment score of 0.04 on Accern’s scale. Accern also assigned media stories about the fast-food giant an impact score of 43.7972467636264 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Another McDonald’s is planned for Didsbury – just two miles away from the other one – Manchester Evening News (manchestereveningnews.co.uk)
- McDonald’s ad agency makes a strategic appointment (finance.yahoo.com)
- How Jack in the Box Stock Reacted to Upgrade from Goldman Sachs (finance.yahoo.com)
- Why Investors Are Optimistic about Starbucks’s Fiscal 1Q18 Earnings (finance.yahoo.com)
- Why McDonald’s Corporation Stock Is Going to $200 in 2018 (investorplace.com)
McDonald's (NYSE:MCD) traded up $0.09 during midday trading on Monday, reaching $176.21. The company’s stock had a trading volume of 3,217,849 shares, compared to its average volume of 2,880,000. McDonald's has a one year low of $119.82 and a one year high of $176.83. The company has a current ratio of 1.28, a quick ratio of 1.27 and a debt-to-equity ratio of -8.17. The company has a market capitalization of $142,730.00, a price-to-earnings ratio of 25.43, a P/E/G ratio of 2.78 and a beta of 0.67.
A number of research firms recently issued reports on MCD. Zacks Investment Research raised McDonald's from a “hold” rating to a “buy” rating and set a $196.00 price objective for the company in a research report on Thursday. Goldman Sachs Group set a $200.00 price objective on McDonald's and gave the company a “buy” rating in a research report on Friday. Credit Suisse Group reissued an “outperform” rating and set a $185.00 price objective (up previously from $178.00) on shares of McDonald's in a research report on Tuesday, December 19th. Cowen reissued a “buy” rating and set a $200.00 price objective on shares of McDonald's in a research report on Friday, January 5th. Finally, Barclays reissued an “overweight” rating and set a $205.00 price objective (up previously from $193.00) on shares of McDonald's in a research report on Tuesday, January 16th. Nine equities research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $179.68.
In other 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 transaction, the vice president now directly owns 15,739 shares in the company, valued at $2,596,935. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 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 in the company, valued at $8,378,632.96. The disclosure for this sale can be found here. 0.24% of the stock is owned by company insiders.
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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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