Mcdonald’s (NYSE:MCD) issued its earnings results on Tuesday. The fast-food giant reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.10), MarketWatch Earnings reports. Mcdonald’s had a negative return on equity of 53.94% and a net margin of 24.78%. The business had revenue of $3.76 billion for the quarter, compared to analysts’ expectations of $3.73 billion. During the same period last year, the company posted $2.05 earnings per share. The business’s quarterly revenue was down 29.6% on a year-over-year basis.

NYSE:MCD traded down $1.80 during mid-day trading on Friday, reaching $193.61. The stock had a trading volume of 286,275 shares, compared to its average volume of 2,962,541. The company has a market capitalization of $143.96 billion, a price-to-earnings ratio of 30.97, a price-to-earnings-growth ratio of 4.54 and a beta of 0.65. Mcdonald’s has a 1-year low of $124.23 and a 1-year high of $221.93. The stock’s 50 day simple moving average is $188.81 and its two-hundred day simple moving average is $190.09.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a $1.25 dividend. The ex-dividend date is Monday, August 31st. This represents a $5.00 dividend on an annualized basis and a yield of 2.58%. Mcdonald’s’s dividend payout ratio (DPR) is 63.78%.

Several equities analysts recently weighed in on the company. Jefferies Financial Group raised their price objective on Mcdonald’s from $208.00 to $220.00 and gave the company a “buy” rating in a research note on Wednesday, June 17th. Piper Sandler lowered their target price on Mcdonald’s from $195.00 to $170.00 and set a “neutral” rating on the stock in a report on Tuesday, April 7th. Wells Fargo & Co increased their target price on Mcdonald’s from $209.00 to $220.00 and gave the company an “overweight” rating in a report on Tuesday, June 16th. UBS Group increased their target price on Mcdonald’s from $191.00 to $205.00 and gave the company a “neutral” rating in a report on Thursday, June 11th. Finally, Telsey Advisory Group reiterated an “outperform” rating on shares of Mcdonald’s in a report on Wednesday, April 22nd. Nine investment analysts have rated the stock with a hold rating and twenty have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $210.00.

About Mcdonald’s

McDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally. Its restaurants offer various food products, soft drinks, coffee, and other beverages, as well as breakfast menu. As of December 31, 2018, the company operated 37,855 restaurants, including 35,085 franchised restaurants comprising 21,685 franchised to conventional franchisees, 7,225 licensed to developmental licensees, and 6,175 licensed to foreign affiliates; and 2,770 company-operated restaurants.

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Earnings History for Mcdonald`s (NYSE:MCD)

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