This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Service-Sector Earnings to Watch This Week

MCD Revenue Quarterly Chart MCD Revenue Quarterly data by YCharts

McDonald's (MCD - Get Report)

Background: McDonald's franchises and operates McDonald's restaurants in the global restaurant industry. Its restaurants offer various food items, soft drinks, coffee and other beverages. The company operates approximately 33,500 local restaurants serving approximately 69 million people in 119 countries each day. The company was founded in 1940 and is headquartered in Oak Brook, Ill. McDonald's trades an average of 5.4 million shares per day and has a market cap of $93 billion.

52-Week Range: $85.92 to $102.22

Book Value: $13.92

Price-to-Book Ratio: 6.6

Investors are expecting McDonald's to report slightly improved third-quarter earnings before the market opens on Friday. The consensus EPS estimate is presently $1.48 a share, an improvement of 3 cents, or 2%, from $1.45 during the corresponding period last year.

Analysts' EPS estimates this quarter range from $1.41 to a high of $1.53. Analysts also expect McDonald's to beat last quarter's EPS, which was $1.32.

The majority of analysts believe McDonald's continues to offer a buying opportunity. Sixteen of the 30 analysts covering the company rate it a buy. Some (12) are taking a more cautious approach, and rate it a hold. As of the last update I have, one analyst recommends selling some or all holdings. McDonald's appreciated 5% over the last year, and the average analyst target price for the stock is $99.34.

McDonald's isn't in a bear or bull trend. I expect to see a lot of the same in the next quarter's earnings estimates as well.

McDonald's does pay a decent dividend with a yield of 3%. Considering the global strength, the yield in itself may be attractive for longer-term buy-and-hold investors.

The last reported short interest is paltry. Shares sold short were only 1.1% of the average trading float. MCD Chart MCD data by YCharts

5 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
MCD $98.93 -0.35%
VZ $49.67 -0.46%
URI $103.82 -1.20%
EBAY $59.98 0.40%
GCI $35.76 -0.64%


DOW 18,233.45 -52.29 -0.29%
S&P 500 2,130.42 -0.40 -0.02%
NASDAQ 5,101.2130 +10.4190 0.20%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs