|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||161.58 - 163.23|
|52-week range||128.18 - 178.70|
|PE ratio (TTM)||25.49|
|Earnings date||30 Apr 2018|
|Forward dividend & yield||4.04 (2.50%)|
|1y target est||187.50|
Investing.com - McDonalds new $1,$2,$3 value menu is delivering the wrong numbers for some analysts.For the second time in a week, a Wall Street firm has lowered its stock price target on the fast food giant because of a slow sales start to the reshaped menu launched in January. Credit Suisse (SIX:CSGN) lowered its target from $191 to $175. When RBC Capital Markets adjusted its target from $190 to $170 last week, McDonald's (NYSE:MCD) shares tanked, posting their worst one-day loss in history.Credit Suisse said it has spoken with Macdonald's franchisees, who said sales had slowed.RBC said the new menu had yet to resonate with cost-conscious customers.Both firms, however, kept their outperform ratings on the stock, saying the new menu will eventually produce higher sales.McDonald's shares are down more than 10% this year, while the S&P 500 is flat.
As digital sales increase, restaurants, particularly independent chains, need to find a way to get customer orders.
McDonald's paced the Dow, while Broadcom set up just below a buy point ahead of its after-hours earnings report.
Key index funds turned mixed Thursday but the Dow Jones industrial average stayed positive thanks to McDonald's, UnitedHealth and IBM.
The Dow Jones industrial average outperformed by a wide margin in afternoon trading Thursday, helped by strength in shares of McDonald's.
The Dow industrials showed broad strength and is leading the Nasdaq today, but it still lags the tech-heavy composite year to date.
There is a long history of fast food copycat restaurants, but the only ones that last are in countries where trademark protection is hard to enforce. Time is therefore probably short for Fernando's, a ...
McDonald’s Corp. has been losing employees after efforts to embrace new technology and menu options have increased customer wait-times and led to worker confusion. Bloomberg's Leslie Patton reports on ...
BOSTON--(BUSINESSWIRE)-- Anaqua, Inc. , a leading provider of intellectual property management software and services, today announced that McDonald’s Corporation has entered into a multi-year agreement ...
Has McDonald’s Stock Price Bottomed Out? In 2018, analysts expect McDonald’s (MCD) to post revenue of $21.1 billion, which represents a fall of 7.7% from its revenue of $22.8 billion in 2017. As part of its optimizing strategy, McDonald’s has been refranchising its company-owned restaurants.
The amount of salt and sugar in popular McDonald's products has rocketed in the last 30 years. McDonald's is the world's largest restaurant chain, with more than 34,000 branches worldwide and 1.8 million employees. "At a time when both food manufacturers and the food service industry should be making strides to reformulate and reduce the amount of foods high in sugar, salt, saturated fat and calories, McDonald's is clearly lagging behind.
NEW YORK (AP) — McDonald's has temporarily flipped its famous golden arches to look like a "W'' — a move it says it made to recognize International Women's Day.