Dow Today: McDonald's Corporation (MCD) Lower

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

The Dow Jones Industrial Average ( ^DJI) is trading down 7.0 points at 14,530 as of Friday, Apr 19, 2013, 11:30 a.m. ET. During this time, 348.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 596.2 million. The NYSE advances/declines ratio sits at 2,156 issues advancing vs. 704 declining with 126 unchanged.
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Holding back the Dow today is McDonald's Corporation (NYSE: MCD), which is lagging the broader Dow index with a $1.62 decline (-1.6%) bringing the stock to $100.29. This single loss is lowering the Dow Jones Industrial Average by 12.26 points or roughly accounting for 175.1% of the Dow's overall loss. Volume for McDonald's Corporation currently sits at 4.2 million shares traded vs. an average daily trading volume of 4.9 million shares.

McDonald's Corporation has a market cap of $102.83 billion and is part of the services sector and leisure industry. Shares are up 15.5% year to date as of Thursday's close. The stock's dividend yield sits at 3%.

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. The company has a P/E ratio of 19.1, 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 revenue growth, increase in net income, good cash flow from operations, growth in earnings per share and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

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