3 Stocks Pushing The Leisure Industry Lower
2. As of noon trading, McDonald's Corporation ( MCD) is down $0.92 (-0.9%) to $96.46 on average volume. Thus far, 2.4 million shares of McDonald's Corporation exchanged hands as compared to its average daily volume of 5.1 million shares. The stock has ranged in price between $96.33-$97.29 after having opened the day at $97.29 as compared to the previous trading day's close of $97.37. McDonald's Corporation franchises and operates McDonald's restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. Its restaurants offer various food items, soft drinks, coffee, and other beverages, as well as breakfast menus. McDonald's Corporation has a market cap of $96.6 billion and is part of the services sector. The company has a P/E ratio of 17.5, below the S&P 500 P/E ratio of 17.7. Shares are up 10.0% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate McDonald's Corporation a buy, no analysts rate it a sell, and 14 rate it a hold. TheStreet Ratings rates McDonald's Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full McDonald's Corporation Ratings Report now. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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