Is McDonald's Corp. a Buy?
McDonald's (NYSE: MCD) has tried to return to its roots and double down on the fast food at value prices that have fueled its success. That, along with its All-Day Breakfast menu, has led the chain to a turnaround.
In its most recent quarter, global comparable-stores sales increased 6.6%, reflecting positive guest counts in all segments. The chain's home market, the United States, wasn't up quite as much, but a same-store-sales increase of 3.9% is still impressive.
Revenue did decline by 3%, but diluted earnings per share (EPS) improved to $1.70 from $1.25 in Q2 2016. And for the first six months of the year, EPS is up 26%, jumping to $3.17 from $2.51, though overall revenue was down by 4%.
Source: Fool.com
McDonalds Corp. Stock
€237.00
-0.290%
The stock is an absolute favorite of our community with 42 Buy predictions and no Sell predictions.
As a result the target price of 307 € shows a positive potential of 29.54% compared to the current price of 237.0 € for McDonalds Corp..
