McDonald's: Value Meets Sales Growth (MCD)

Retail

Published: March 8, 2011 8:50 am

Last Updated: August 18, 2020 9:43 am

>McDonald’s Corporation (NYSE: MCD) is trading lower this morning after its global same-store sales rose by +3.9% in February. Europe led the growth with a gain of +5.1%; Asia-Pacific, Middle-East and Africa rose by +4.0%; and U.S. was up by +2.7%.

What is interesting is that this represents gains in all regions. The 3.9% total compares to Bloomberg consensus of 3.8%, but the drag in the U.S.-region was smaller than expected. A continued concern is a push-back against cheap high-calorie foods here in the U.S. that is culminating with slower growth. It has been changing its menu to at least have some healthier options, but the growth has been so robust for so long that some concerns are merited.

Another interesting aspect at McDonald’s is that analysts are still looking for all-time highs. The consensus price target from Thomson Reuters is currently $85.11. What McDonald’s also has going for it over peers is a 3.2% dividend yield.

With shares down about 0.6% at $75.85 in pre-market trading, the 52-week trading range is $64.23 to $80.94.

JON C. OGG

Take Charge of Your Retirement In Just A Few Minutes (Sponsor)

Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance—and SmartAsset’s simple quiz makes it easier than ever for you to connect with a vetted financial advisor.

Here’s how it works:

Answer a Few Simple Questions. Tell us a bit about your goals and preferences—it only takes a few minutes!
Get Matched with Vetted Advisors Our smart tool matches you with up to three pre-screened, vetted advisors who serve your area and are held to a fiduciary standard to act in your best interests. Click here to begin
Choose Your Fit Review their profiles, schedule an introductory call (or meet in person), and select the advisor who feel is right for you.

Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!