NEW YORK (TheStreet) -- Shares of McDonald's (MCD) - Get Report are declining by 0.61% to $123.19 in mid-afternoon trading on Wednesday, as protesters are planning to escalate their yearly demonstrations ahead of the company's annual meeting tomorrow, Bloomberg reports.
Hundreds of McDonald's cooks and cashiers are expected to pitch tents outside of the company's headquarters in Oak Brook, IL and stay overnight Wednesday, organizers funded by the Service Employees International Union said.
As many as 10,000 fast-food, home-care and child-care employees from across the country will be protesting the meeting, the organizers added.
The protests underscore the wage pressure the fast-food giant is facing. Advocates are pushing for a minimum wage of $15 per hour, Bloomberg noted.
"We take seriously our role in helping strengthen communities," a McDonald's spokeswoman told Bloomberg in response to the planned demonstrations, "Every year, we and our franchisees separately employ hundreds of thousands of people, providing many with their very first job."
In preparation for the protests, McDonald's corporate employees are being told to work from home today and tomorrow.
Separately, TheStreet Ratings Team has a "Buy" rating with a score of B on the stock.
The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, notable return on equity, expanding profit margins and good cash flow from operations.
The team believes its strengths outweigh the fact that the company has had generally high debt management risk by most measures that were evaluated.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: MCD