麦当劳(纽约证券交易所代码:MCD)PT在TD Cowen上调至299.00美元

麦当劳(纽约证券交易所代码:MCD)PT在TD Cowen上调至299.00美元
2023年03月28日 14:52 富途牛牛综合

McDonald's (NYSE:MCD – Get Rating) had its price objective raised by TD Cowen from $293.00 to $299.00 in a research report sent to investors on Friday morning, Benzinga reports. They currently have an outperform rating on the fast-food giant's stock.

Several other analysts have also recently commented on MCD. Royal Bank of Canada decreased their target price on McDonald's from $296.00 to $283.00 and set an outperform rating for the company in a research report on Friday, February 3rd. KeyCorp reduced their price objective on McDonald's from $295.00 to $290.00 and set an overweight rating for the company in a research report on Wednesday, February 1st. Credit Suisse Group lifted their price objective on McDonald's from $298.00 to $300.00 and gave the company an outperform rating in a research report on Wednesday, February 1st. Deutsche Bank Aktiengesellschaft lifted their price objective on McDonald's from $263.00 to $277.00 in a research report on Wednesday, February 1st. Finally, Stifel Nicolaus lifted their price objective on McDonald's from $260.00 to $270.00 and gave the company a hold rating in a research report on Monday, January 30th. Five research analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of Moderate Buy and a consensus price target of $289.19.

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McDonald's Stock Up 0.9 %

Shares of McDonald's stock opened at $273.84 on Friday. The stock has a market cap of $200.31 billion, a PE ratio of 32.80, a price-to-earnings-growth ratio of 3.20 and a beta of 0.62. The business has a fifty day simple moving average of $267.42 and a 200-day simple moving average of $263.63. McDonald's has a 12 month low of $228.34 and a 12 month high of $281.67.

McDonald's (NYSE:MCD – Get Rating) last issued its earnings results on Tuesday, January 31st. The fast-food giant reported $2.59 EPS for the quarter, topping the consensus estimate of $2.46 by $0.13. The business had revenue of $5.93 billion during the quarter, compared to analysts' expectations of $5.75 billion. McDonald's had a negative return on equity of 120.10% and a net margin of 26.65%. McDonald's's revenue was down 1.4% compared to the same quarter last year. During the same quarter last year, the firm posted $2.23 earnings per share. Analysts expect that McDonald's will post 10.51 EPS for the current fiscal year.

McDonald's Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 15th. Investors of record on Wednesday, March 1st were paid a dividend of $1.52 per share. The ex-dividend date was Tuesday, February 28th. This represents a $6.08 annualized dividend and a yield of 2.22%. McDonald's's dividend payout ratio is 72.81%.

Insider Activity at McDonald's

In other news, EVP Marion K. Gross sold 1,396 shares of the company's stock in a transaction that occurred on Wednesday, February 1st. The stock was sold at an average price of $265.44, for a total value of $370,554.24. Following the sale, the executive vice president now directly owns 308 shares in the company, valued at approximately $81,755.52. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other news, EVP Marion K. Gross sold 1,396 shares of the company's stock in a transaction that occurred on Wednesday, February 1st. The stock was sold at an average price of $265.44, for a total value of $370,554.24. Following the sale, the executive vice president now directly owns 308 shares in the company, valued at approximately $81,755.52. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Catherine A. Hoovel sold 2,876 shares of the company's stock in a transaction that occurred on Friday, February 17th. The shares were sold at an average price of $270.00, for a total value of $776,520.00. Following the completion of the sale, the senior vice president now owns 1,184 shares in the company, valued at $319,680. The disclosure for this sale can be found here. Insiders have sold 8,122 shares of company stock worth $2,177,681 over the last three months. Company insiders own 0.25% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of MCD. Covestor Ltd boosted its holdings in shares of McDonald's by 103.4% in the 1st quarter. Covestor Ltd now owns 413 shares of the fast-food giant's stock worth $102,000 after acquiring an additional 210 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in McDonald's by 7.7% during the 1st quarter. NewEdge Advisors LLC now owns 69,824 shares of the fast-food giant's stock worth $17,266,000 after buying an additional 5,007 shares in the last quarter. Mackenzie Financial Corp lifted its holdings in McDonald's by 4.8% during the 1st quarter. Mackenzie Financial Corp now owns 516,408 shares of the fast-food giant's stock worth $127,697,000 after buying an additional 23,643 shares in the last quarter. Stevens Capital Management LP acquired a new position in McDonald's during the 1st quarter worth $1,108,000. Finally, Equitable Holdings Inc. lifted its holdings in McDonald's by 59.7% during the 1st quarter. Equitable Holdings Inc. now owns 9,338 shares of the fast-food giant's stock worth $2,309,000 after buying an additional 3,490 shares in the last quarter. 66.86% of the stock is owned by institutional investors and hedge funds.

About McDonald's

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McDonald's Corp. engages in the operation and franchising of restaurants. It operates through the following segments: U.S., International Operated Markets, and International Developmental Licensed Markets and Corporate. The U.S. segment focuses its operations on the United States. The International Operated Markets segment consists of operations and the franchising of restaurants in Australia, Canada, France, Germany, Italy, the Netherlands, Russia, Spain, and the U.K.

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