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.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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