McDonald's Corporation (MCD): A Tempting Investment Opportunity

McDonald's (NYSE:MCD) has had a bullish run this year. The stock has gained about 31% since the start of this year. Ohio-based equity research firm Longbow Research recently upgraded the stock to “Buy” from “Neutral”. The firm is bullish on the fast food company mainly because of the future growth prospects in the US and worldwide. In the last quarter, MCD comp sales came in at 6.6% (internationally).

This shows that the company is able to grow its sales, while its competitors like Starbucks , Pizza Hut, Yum Brands and other fast food companies suffer amid changing trends. The company is initiating several measures to increase value, including new items in the menu, partnership with Uber and revamping franchising model in China.

Over the current book year the total revenue will be 22,58 billion USD (consensus estimates). This is slightly lower than 2016's revenue of 24,62 billion USD.

Historical revenues and results McDonald's plus estimates 2017

The analysts expect for 2017 a net profit of 5,34 billion USD. For this year the consensus of McDonald's 's result per share is a profit of 6,56 USD. So the price/earnings-ratio equals 24,99.

Per share the analysts expect a dividend of 3,81 USD per share. McDonald's 's dividend yield thus equals 2,32 percent. The average dividend yield of the restaurants & bars companies equals a poor 0,27 percent.

Most recent target prices around 168 USD

The most recent recommendations for the restaurants & bars company are from Morgan Stanley , Barclays and RBC Capital Markets.

Based on the current number of shares McDonald's 's market capitalization equals 148,63 billion USD.

On Thursday the stock closed at 163,91 USD.

Historical stock prices McDonald's2007-2017

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