We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
McDonald's (MCD) Stock Moves -0.31%: What You Should Know
Read MoreHide Full Article
In the latest trading session, McDonald's (MCD - Free Report) closed at $179.16, marking a -0.31% move from the previous day. This move was narrower than the S&P 500's daily loss of 1.54%. Elsewhere, the Dow lost 1.49%, while the tech-heavy Nasdaq lost 2.17%.
Prior to today's trading, shares of the world's biggest hamburger chain had lost 2.18% over the past month. This has was narrower than the Retail-Wholesale sector's loss of 6.13% and the S&P 500's loss of 6.77% in that time.
Wall Street will be looking for positivity from MCD as it approaches its next earnings report date. This is expected to be January 29, 2019. The company is expected to report EPS of $1.89, up 10.53% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $5.16 billion, down 3.44% from the prior-year quarter.
MCD's full-year Zacks Consensus Estimates are calling for earnings of $7.76 per share and revenue of $21.02 billion. These results would represent year-over-year changes of +16.52% and -7.87%, respectively.
Any recent changes to analyst estimates for MCD should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. MCD is currently a Zacks Rank #3 (Hold).
In terms of valuation, MCD is currently trading at a Forward P/E ratio of 23.17. For comparison, its industry has an average Forward P/E of 23.18, which means MCD is trading at a discount to the group.
We can also see that MCD currently has a PEG ratio of 2.64. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Retail - Restaurants was holding an average PEG ratio of 1.8 at yesterday's closing price.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 174, which puts it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
McDonald's (MCD) Stock Moves -0.31%: What You Should Know
In the latest trading session, McDonald's (MCD - Free Report) closed at $179.16, marking a -0.31% move from the previous day. This move was narrower than the S&P 500's daily loss of 1.54%. Elsewhere, the Dow lost 1.49%, while the tech-heavy Nasdaq lost 2.17%.
Prior to today's trading, shares of the world's biggest hamburger chain had lost 2.18% over the past month. This has was narrower than the Retail-Wholesale sector's loss of 6.13% and the S&P 500's loss of 6.77% in that time.
Wall Street will be looking for positivity from MCD as it approaches its next earnings report date. This is expected to be January 29, 2019. The company is expected to report EPS of $1.89, up 10.53% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $5.16 billion, down 3.44% from the prior-year quarter.
MCD's full-year Zacks Consensus Estimates are calling for earnings of $7.76 per share and revenue of $21.02 billion. These results would represent year-over-year changes of +16.52% and -7.87%, respectively.
Any recent changes to analyst estimates for MCD should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. MCD is currently a Zacks Rank #3 (Hold).
In terms of valuation, MCD is currently trading at a Forward P/E ratio of 23.17. For comparison, its industry has an average Forward P/E of 23.18, which means MCD is trading at a discount to the group.
We can also see that MCD currently has a PEG ratio of 2.64. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Retail - Restaurants was holding an average PEG ratio of 1.8 at yesterday's closing price.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 174, which puts it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.