For its third fiscal quarter (ending September 30), McDonald’s Corp (NYSE: MCD) has reported a -2% decline in E.P.S. from $3.19 a year ago to $3.13 in the current quarter. For the latest four quarters through September 30, E.P.S. were $11.40 versus $11.42 for the same period a year ago — a decline of -0%.
Recent Price Action
McDonald’s Corp (NYSE: MCD) stock declined slightly by -0.6% on 10/29/24. The stock closed at $295.00. Moreover, trading volume in this decline was exceptionally high at 275% of normal. The stock has performed in line with the market over the last nine months and has declined -6.3% 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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