Somewhat Favorable Media Coverage Somewhat Unlikely to Impact McDonald's (MCD) Stock Price

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:

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.

McDonald's (NYSE:MCD) last posted its earnings results on Tuesday, October 24th. The fast-food giant reported $1.76 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.75 by $0.01. McDonald's had a negative return on equity of 216.45% and a net margin of 24.19%. The company had revenue of $5.75 billion for the quarter, compared to analyst estimates of $5.75 billion. During the same period last year, the company earned $1.62 earnings per share. The business’s revenue was down 10.4% compared to the same quarter last year. analysts forecast that McDonald's will post 6.53 earnings per share for the current fiscal year.

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.

TRADEMARK VIOLATION NOTICE: This news story was originally reported by Community Financial News and is owned by of Community Financial News. If you are reading this news story on another website, it was stolen and reposted in violation of international copyright laws. The correct version of this news story can be read at https://www.com-unik.info/2018/01/22/somewhat-favorable-media-coverage-somewhat-unlikely-to-impact-mcdonalds-mcd-stock-price.html.

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.

Insider Buying and Selling by Quarter for McDonald's (NYSE:MCD)

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