Boston, MA 10/14/2013 (wallstreetpr) – McDonald’s Corporation (NYSE:MCD) was again issued its positive rating as it relates to shares. This was done in a research note that was released on Tuesday by TheStreet. The analyst from the firm wrote that “McDonald’s Corporation (MCD) has been reiterated by TheStreet Ratings as a buy with a ratings score of A. The company’s strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.”
On Tuesday, McDonald’s Corp traded up 0.88% bringing it to $94.09. There was also seen to be 3,050,470 of the company stock shares trading hands. The 50 day moving average of the stock is $96.09 as opposed to its 200 day moving average of $98.66. The 52 week low of the company is $83.31 whereas its 52 week high is $103.70. At present, the company’s market cap is $94.057 billion and a 17.08 price to earnings ratio. The last issued quarterly earnings were in July, where the company declared $1.38 earnings per share for the quarter.
The next quarterly dividend for McDonald’s Corp is to be issued on December 16. The stockholders on record as at the December 2 will receive $0.81 per share. This shows that there is an annualized dividend of $3.24 and a 3.47% yield. There have been a few other analysts that have agreed with the analysis and have also issues a buy rating for McDonald’s Corp. In a separate analysis, Zacks gave a neutral rating on McDonald’s Corp shares. Of all the analysts that have done researches, twelve have issued a hold rating and sixteen have issued a buy rating for McDonald’s Corp.
