McDonald’s Corporation (NYSE:MCD) has been assigned an average rating of “Buy” from the thirty-five analysts that are covering the company, Marketbeat.com reports. Ten analysts have rated the stock with a hold recommendation and twenty-five have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $174.41.

MCD has been the subject of a number of research reports. Longbow Research raised shares of McDonald’s from a “neutral” rating to a “buy” rating and raised their price target for the company from $154.05 to $183.00 in a report on Thursday, September 28th. Zacks Investment Research raised shares of McDonald’s from a “hold” rating to a “buy” rating and set a $178.00 price target for the company in a report on Tuesday, September 26th. Credit Suisse Group set a $170.00 price target on shares of McDonald’s and gave the company a “buy” rating in a report on Wednesday, September 20th. Sanford C. Bernstein set a $180.00 price target on shares of McDonald’s and gave the company a “buy” rating in a report on Tuesday, September 19th. Finally, Mizuho reissued a “buy” rating and issued a $173.00 price target (up previously from $170.00) on shares of McDonald’s in a report on Wednesday, September 13th.

Shares of McDonald’s (NYSE MCD) opened at $173.55 on Thursday. The company has a quick ratio of 1.27, a current ratio of 1.28 and a debt-to-equity ratio of -8.17. The firm has a market cap of $140,570.00, a P/E ratio of 27.07, a P/E/G ratio of 2.83 and a beta of 0.67. McDonald’s has a fifty-two week low of $118.18 and a fifty-two week high of $174.44.

McDonald’s (NYSE:MCD) last issued its quarterly earnings results on Tuesday, October 24th. The fast-food giant reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.75 by $0.01. The business had revenue of $5.75 billion during the quarter, compared to analyst estimates of $5.75 billion. McDonald’s had a net margin of 24.19% and a negative return on equity of 216.45%. McDonald’s’s revenue for the quarter was down 10.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.62 earnings per share. research analysts expect that McDonald’s will post 6.53 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be paid a $1.01 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This is a boost from McDonald’s’s previous quarterly dividend of $0.94. This represents a $4.04 dividend on an annualized basis and a yield of 2.33%. McDonald’s’s dividend payout ratio (DPR) is presently 58.30%.

In other news, insider Stephen Easterbrook sold 171,577 shares of McDonald’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $168.32, for a total transaction of $28,879,840.64. Following the transaction, the insider now directly owns 49,778 shares of the company’s stock, valued at $8,378,632.96. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP James R. Sappington sold 8,046 shares of McDonald’s stock in a transaction on Wednesday, October 25th. The stock was sold at an average price of $165.00, for a total transaction of $1,327,590.00. Following the transaction, the vice president now directly owns 15,739 shares in the company, valued at $2,596,935. The disclosure for this sale can be found here. 0.24% of the stock is currently owned by company insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Shelton Capital Management lifted its position in McDonald’s by 3.8% in the 3rd quarter. Shelton Capital Management now owns 27,797 shares of the fast-food giant’s stock valued at $4,355,000 after acquiring an additional 1,030 shares in the last quarter. Burgundy Asset Management Ltd. lifted its position in McDonald’s by 0.5% in the 3rd quarter. Burgundy Asset Management Ltd. now owns 1,414,684 shares of the fast-food giant’s stock valued at $221,653,000 after acquiring an additional 6,847 shares in the last quarter. Chicago Partners Investment Group LLC lifted its position in McDonald’s by 4.6% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 10,826 shares of the fast-food giant’s stock valued at $1,696,000 after acquiring an additional 475 shares in the last quarter. Steward Partners Investment Advisory LLC bought a new stake in McDonald’s in the 3rd quarter valued at $5,954,000. Finally, GSA Capital Partners LLP bought a new stake in McDonald’s in the 3rd quarter valued at $1,517,000. 67.40% of the stock is currently owned by institutional investors.

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About McDonald’s

McDonald’s Corporation (McDonald’s) operates and franchises McDonald’s restaurants. The Company’s restaurants serve a locally relevant menu of food and drinks sold at various price points in over 100 countries. The Company’s segments include U.S., International Lead Markets, High Growth Markets, and Foundational Markets and Corporate.

Analyst Recommendations for McDonald`s (NYSE:MCD)

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