14 Things to Know About Q4 — McDonald's Corporation Earnings

  • 14 Things to Know About Q4 — McDonald's Corporation Earnings

14 Things to Know About Q4 — McDonald's Corporation Earnings

361 Capital LLC trimmed its position in McDonald's Co.

In the quarter ended December 31, McDonald's said net income fell 41 percent to $698.7 million, or 87 cents per share, from $1.19 billion, or $1.44 per share a year ago. For the most recent quarter, quick ratio was 1.3, current ratio was 1.3, LT Debt/Equity ratio was 0 and Total Debt/Equity ratio stands at 0, while Payout ratio is 0.538. In the case of MCD it has increased its DPS from $1.5 to $4.04 in the past 10 years. Canada Pension Plan Investment Board now owns 449,237 shares of the fast-food giant's stock worth $68,805,000 after acquiring an additional 4,300 shares during the period.

Quarterly Earnings Growth on year-over-year basis stands at 53.9 percent. Arizona State Retirement System has 238,258 shares. Miles Capital Inc. bought a new stake in McDonald's in the second quarter worth $204,000. San Francisco Sentry Investment Group Ca acquired 2,027 shares as Mcdonalds Corp (MCD)'s stock rose 15.92%. Institutional investors and hedge funds own 67.31% of the company's stock. Stifel Nicolaus initiated coverage on shares of McDonald's in a report on Monday, October 2nd. (NYSE MCD) opened at $177.77 on Tuesday. Eqis Capital Management Inc who had been investing in Radnet Inc for a number of months, seems to be less bullish one the $484.57M market cap company. About 3.37M shares traded or 13.79% up from the average.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. Following the transaction, the insider now owns 49,778 shares of the company's stock, valued at approximately $8,378,632.96. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Several analysts recently issued reports on MCD shares.

McDonald's (NYSE:MCD) to go ex-dividend. Zacks Investment Research raised shares of McDonald's from a "hold" rating to a "buy" rating and set a $196.00 price target for the company in a research report on Thursday, January 18th. McDonald's Corp. (NYSE:MCD) has a 20-Day average volume of 3.24 Million. Canaccord Genuity restated a "hold" rating and set a $170.00 price target on shares of McDonald's in a report on Friday, October 6th. Nomura set a $180.00 target price on McDonald's and gave the company a "buy" rating in a research note on Wednesday, October 25th. The stock has "Buy" rating by Jefferies on Thursday, November 9.

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Finance chief Kevin Ozan said the company expects to spend about $2.4 billion of capital in 2018, most of which will go toward upgrading its restaurants as part of its "Experience of the Future" initiative. More interesting news about McDonald's Corporation (NYSE:MCD) were released by: Seekingalpha.com and their article: "McDonald's Earnings: Sizzle Or Fizzle?" published on January 26, 2018 as well as Seekingalpha.com's news article titled: "Highlights from the McDonald's conference call" with publication date: January 30, 2018.