Dow Today: McDonald's Corporation (MCD) Lower

The Dow Jones Industrial Average ( ^DJI) is trading up 43 points (+0.3%) at 12,950 as of Friday, Mar 9, 2012, 11:39 a.m. ET. During this time, 231.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 818.6 million. The NYSE advances/declines ratio sits at 2,192 issues advancing vs. 649 declining with 122 unchanged.

Holding back the Dow today is McDonald's Corporation (NYSE: MCD), which is lagging the broader Dow index with a 36-cent decline (-0.4%) bringing the stock to $96.60. Volume for McDonald's Corporation currently sits at 3.8 million shares traded vs. an average daily trading volume of 5.4 million shares.

McDonald's Corporation has a market cap of $101.04 billion and is part of the services sector and leisure industry. Shares are down 3.4% year to date as of Thursday's close. The stock's dividend yield sits at 2.8%.

McDonald's Corporation, together with its subsidiaries, franchises and operates McDonald's restaurants primarily in the United States, Europe, the Asia Pacific, the Middle East, and Africa. The company has a P/E ratio of 19, below the average leisure industry P/E ratio of 19.3 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates McDonald's Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, notable return on equity and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
null

If you liked this article you might like

Chili's Owner Brinker International Offers a Real Value Menu

Chili's Owner Brinker International Offers a Real Value Menu

How the New CEO of Applebee's and IHOP Plans to Save Iconic Restaurant Chain

How the New CEO of Applebee's and IHOP Plans to Save Iconic Restaurant Chain

Brinker Looks Tasty Even After 7% Rally

Brinker Looks Tasty Even After 7% Rally

Buy Stocks That Are Right for You: Cramer's 'Mad Money' Recap (Friday 2/16/18)

Buy Stocks That Are Right for You: Cramer's 'Mad Money' Recap (Friday 2/16/18)

Video: 5 Insane McDonald's Meals You Can Only Try Abroad

Video: 5 Insane McDonald's Meals You Can Only Try Abroad