166.54 +0.13 (0.08%)
Pre-market: 7:15AM EDT
|Bid||166.20 x 800|
|Ask||166.98 x 900|
|Day's range||164.07 - 167.18|
|52-week range||146.84 - 178.70|
|PE ratio (TTM)||24.41|
|Earnings date||22 Oct 2018 - 26 Oct 2018|
|Forward dividend & yield||4.64 (2.81%)|
|1y target est||183.62|
McDonald's (MCD) shares popped over 2.2% Tuesday to help the fast-food firm extend its recent climb. Now, on the back of some executive-level changes and positive analyst sentiment, should investors consider buying MCD stock?
Price action in today's stock market was on the quiet side as the two-day Federal Reserve meeting got underway. Tech stocks and small caps outperformed.
The Nasdaq and small-cap indexes kept the bull run alive on Wall Street Tuesday. Market leader Square continues to sculpt a big uptrend and hit new highs.
The major stock indexes erased mild losses but were nearly flat as stock prices today were mixed and seeking direction. Small caps had a slight lead, with the Russell 2000 up 0.3%. The Nasdaq composite was up 0.2% while the S&P 500 and the Dow Jones industrial average were nearly unchanged. Volume was tracking lower compared with the same time...
Small caps advanced late Tuesday morning, but most U.S. stock indexes lingered just under the break-even line. In the meantime, the Federal Reserve began its two-day meeting. [ibd-display-video id=3746811 width=50 float=left autostart=true] The small-cap Russell 2000 rose 0.
Starbucks: How Much Upside Is Left in the Stock Price? Of the 31 analysts that follow Starbucks (SBUX), 45.2% favor a “buy,” while 54.8% favor a “hold.” None of the analysts favor a “sell” option. On the same day, analysts set an average target price of $57.65, which represents a return potential of 0.4%.
Of the 32 analysts following Chipotle Mexican Grill (CMG), 31.3% recommend “buy,” 56.3% recommend “hold,” and 12.5% recommend “sell.” Their average price target of $471.70 implies a 0.9% upside to its stock price of $467.73.
Starbucks: How Much Upside Is Left in the Stock Price? For the next four quarters, analysts expect Starbucks (SBUX) to post an EPS of $2.53—11.0% growth from $2.28 in the same four quarters the previous year. The EPS growth is expected to be driven by revenue growth and share repurchases.
In the next four quarters, analysts expect Chipotle Mexican Grill’s (CMG) EPS to grow 33.2% YoY (year-over-year) to $10.22 from $7.67, driven by revenue growth and net margin expansion. They expect the company’s net margin to expand YoY to 5.5% from 4.2%, driven by higher menu prices and sales leverage from positive SSSG (same-store sales growth), and offset by higher wages and general and administrative expenses.
Starbucks: How Much Upside Is Left in the Stock Price? For the next four quarters, analysts expect Starbucks (SBUX) to post revenues of $25.70 billion—6.6% growth from $24.11 billion in the same four quarters the previous year. The revenue growth will likely be driven by adding new restaurants, positive SSSG (same-store sales growth), and revenue growth from the CPG, foodservice, and others segment.
Could Chipotle’s Price Correction Mean a Buying Opportunity? In the next four quarters, analysts expect Chipotle Mexican Grill’s (CMG) revenue to grow 8.3% YoY (year-over-year) to $5.04 billion from $4.65 billion, driven by the addition of new restaurants and positive SSSG (same-store sales growth). After posting its second-quarter earnings, Chipotle raised its SSSG guidance for 2018 from low single digits to mid-to-high single digits.
As of September 21, Starbucks (SBUX) was trading at $57.45—a rise of 11.7% since the announcement of its third-quarter earnings on July 26. In the third quarter, which ended on July 1, Starbucks outperformed analysts’ sales and EPS expectations. Management blamed stricter regulations and the crackdown on unauthorized third-party delivery services for the decline. In order to address the delivery issues, the company partnered with Alibaba (BABA) to start delivery services in China. The announcement of the delivery partnership appears to have increased the company’s stock price.
Chipotle Mexican Grill’s (CMG) strong second-quarter earnings and upgrade from Morgan Stanley boosted its stock to a 52-week high of $530.68 on August 16. The company’s stock fell due to Wedbush’s downgrade, Pershing Square Capital Management reducing its stake in Chipotle, and rising labor wages. On August 27, Wedbush downgraded Chipotle from “neutral” to “underperform” due to weaker-than-expected SSSG (same-store sales growth) since the beginning of the third quarter and increased pressure on the company’s margins.
McDonald’s Corporation today announced that President, International Lead Markets & Chief Restaurant Officer Doug Goare, 66, will retire after 40 years of service on December 31, 2018. "Doug has been an important leader whose career at McDonald’s has spanned multiple continents and his expertise has contributed greatly to the success of our business today,” McDonald's President and CEO Steve Easterbrook said. In anticipation of Goare’s retirement and with the evolution of the Company’s business model over the past few years to a more heavily franchised structure, the Board of Directors approved several organizational changes to McDonald's global business.
China stocks were early movers Friday, as McDonald's topped the Dow and Mazor Robotics spiked on takeover news. Micron Technology dragged chip stocks lower.
The Dow Jones and S&P 500 pushed further into new high ground Friday, while tech stocks lagged again. McDonald's was a top performer in the Dow.
The stock market backed off record highs Friday after the Dow Jones industrial average set a fresh record high. FANG stock Netflix (NFLX) continued to move up the right side of a new potential formation.
The Dow Jones industrial average led a mixed day on Wall Street on Friday as large stocks fared better than smaller ones.
Stocks that moved substantially or traded heavily Friday: Texas Instruments Inc., up $1.56 to $110.05 The chipmaker raised its quarterly dividend and said it will buy back $12 billion in stock. United ...
Shares of both McDonald's (MCD) and Starbucks (SBUX) surged Friday. MCD stock jumped on the back of a dividend hike, while SBUX climbed for less obvious reasons.
McDonald’s Corp. has long been on the receiving end of calls to take better care of its chickens. Earlier this month, actors and musicians, including Kristen Bell, Joan Jett and Weird Al Yankovic, have lent their names to demands for more humane treatment.
The e-commerce leader is weighing plans to open as many as 3,000 Amazon Go stores by 2021, and many of them might not be what you're expecting.