McDonald’s Corp (NYSE: MCD) has reported E.P.S. of $2.80 for its second fiscal quarter (ending June 30) versus $3.17 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $11.46 versus $10.93 for the same period a year ago.
Recent Price Action
On 7/29/24, McDonald’s Corp (NYSE: MCD) stock enjoyed a large increase of 3.7%, closing at $261.42. Moreover, trading volume in this advance was exceptionally high at 237% of normal. The stock has been weak relative to the market over the last nine months but has risen 1.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, MCD is expected to be an important Value Eraser.
McDonald’s is currently unrated.
Rating Review
The stock is currently unrated.
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