A number of research firms have changed their ratings and price targets for McDonald's Co. (NYSE: MCD):
Shares of McDonald's Co. (NYSE:MCD) traded up 0.43% on Friday, hitting $120.66. The company’s stock had a trading volume of 1,709,105 shares. The firm has a market cap of $100.20 billion, a price-to-earnings ratio of 22.67 and a beta of 0.63. The stock has a 50-day moving average price of $114.45 and a 200 day moving average price of $118.74. McDonald's Co. has a one year low of $110.33 and a one year high of $131.96.
McDonald's Co. (NYSE:MCD) last posted its earnings results on Friday, October 21st. The fast-food giant reported $1.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.13. McDonald's Co. had a net margin of 18.74% and a return on equity of 197.51%. The business had revenue of $6.42 billion for the quarter, compared to analyst estimates of $6.28 billion. During the same period in the prior year, the company posted $1.40 EPS. The company’s revenue for the quarter was down 2.9% on a year-over-year basis. Equities research analysts predict that McDonald's Co. will post $5.69 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 15th. Stockholders of record on Thursday, December 1st will be paid a dividend of $0.94 per share. This is a positive change from McDonald's Co.’s previous quarterly dividend of $0.89. This represents a $3.76 annualized dividend and a dividend yield of 3.12%. The ex-dividend date of this dividend is Tuesday, November 29th. McDonald's Co.’s dividend payout ratio is presently 67.30%.