$1.61 EPS Expected for McDonald’s Corporation (MCD)

July 17, 2017 - By Marguerite Chambers

 $1.61 EPS Expected for McDonald's Corporation (MCD)
Investors sentiment increased to 0.88 in Q4 2016. Its up 0.03, from 0.85 in 2016Q3. It increased, as 52 investors sold McDonald’s Corporation shares while 574 reduced holdings. 112 funds opened positions while 441 raised stakes. 538.67 million shares or 0.04% more from 538.45 million shares in 2016Q3 were reported.
Hays Advisory Limited Liability Company reported 1,683 shares stake. Mark Sheptoff Fincl Planning Ltd Liability Corp reported 950 shares. Gillespie Robinson Grimm Inc invested 0.04% in McDonald’s Corporation (NYSE:MCD). Altavista Wealth Mgmt holds 2.04% or 31,017 shares in its portfolio. X Management Llc invested 0.02% in McDonald’s Corporation (NYSE:MCD). Cornerstone Capital Management Lc has invested 0.25% in McDonald’s Corporation (NYSE:MCD). Baldwin Brothers Ma holds 0% of its portfolio in McDonald’s Corporation (NYSE:MCD) for 172 shares. Tcw Inc stated it has 0.07% of its portfolio in McDonald’s Corporation (NYSE:MCD). Hexavest invested in 6,852 shares. Asset Management One Limited, Japan-based fund reported 1.44 million shares. Stelac Advisory Limited Liability Com holds 0.2% or 5,085 shares. Cape Cod Five Cents Financial Bank invested in 1.3% or 60,287 shares. Boltwood Capital Mgmt, California-based fund reported 2,613 shares. Sector Pension Board holds 0.22% or 183,606 shares in its portfolio. White Pine Capital Lc stated it has 5,155 shares or 0.27% of all its holdings.

Since March 3, 2017, it had 1 insider purchase, and 1 sale for $1,779 activity. 1,600 McDonald’s Corporation (NYSE:MCD) shares with value of $204,528 were sold by Hoovel Catherine A.. The insider Mulligan John J bought $206,307.

Investors wait McDonald’s Corporation (NYSE:MCD) to report on July, 25. its quarterly earnings Wall Street analysts expect $1.61 EPS, up $0.16 or 11.03 % from last year’s $1.45 same quarter earnings. This translates into $1.31 billion profit for MCD giving the stock a 24.09 P/E. This is assuming the current $1.61 EPS is accurate. McDonald’s Corporation’s Wall Street analysts see 9.52 % EPS growth, taking into account the $1.47 EPS reproted in the previous quarter, About 954,336 shares traded. McDonald’s Corporation (NYSE:MCD) has risen 18.25% since July 17, 2016 and is uptrending. It has outperformed by 1.55% the S&P500.

McDonald’s Corporation (NYSE:MCD) Ratings Coverage

Among 28 analysts covering McDonald’s Corporation (NYSE:MCD), 20 have Buy rating, 1 Sell and 7 Hold. Therefore 71% are positive. McDonald’s Corporation had 76 analyst reports since September 29, 2015 according to SRatingsIntel. UBS maintained it with “Buy” rating and $131 target in Monday, March 7 report. On Wednesday, November 11 the stock rating was maintained by RBC Capital Markets with “Outperform”. Cleveland upgraded McDonald’s Corporation (NYSE:MCD) on Wednesday, April 12 to “Buy” rating. The rating was maintained by Cowen & Co on Monday, April 25 with “Market Perform”. Argus Research upgraded McDonald’s Corporation (NYSE:MCD) on Thursday, April 27 to “Buy” rating. RBC Capital Markets maintained McDonald’s Corporation (NYSE:MCD) on Friday, October 23 with “Outperform” rating. The rating was downgraded by Guggenheim on Thursday, December 1 to “Neutral”. Barclays Capital maintained it with “Overweight” rating and $125 target in Wednesday, November 11 report. Telsey Advisory Group maintained the shares of MCD in report on Friday, March 3 with “Outperform” rating. Morgan Stanley maintained it with “Equal-Weight” rating and $118 target in Tuesday, January 26 report.

McDonald’s Corporation operates and franchises McDonald’s restaurants. The company has market cap of $126.65 billion. The Company’s restaurants serve a locally relevant menu of food and drinks sold at various price points in over 100 countries. It has a 27.36 P/E ratio. The Company’s divisions include U.S., International Lead Markets, High Growth Markets, and Foundational Markets and Corporate.

More notable recent McDonald’s Corporation (NYSE:MCD) news were published by: Chicagotribune.com which released: “High rent pushes out Lake Forest McDonald’s, bank could take its place” on July 07, 2017, also Seekingalpha.com with their article: “McDonald’s: High Growth Darling, Or Momentum Buyer Stretch Of Reality?” published on June 20, 2017, Seekingalpha.com published: “Resurgence Of McDonald’s, But Stock’s Valuation Poses Downside Risk” on July 07, 2017. More interesting news about McDonald’s Corporation (NYSE:MCD) were released by: Seekingalpha.com and their article: “McDonald’s: Dividend Growth Potential Vs. Debt Pile” published on July 17, 2017 as well as Seekingalpha.com‘s news article titled: “McDonald’s Is Not Expensive At $155” with publication date: July 17, 2017.

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