McDonald's(MCD)
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Is McDonald's Stock in Trouble?
The Motley Fool· 2024-11-03 14:32
McDonald's stock hasn't made for a great investment this year, but could it still be a good buy for the long-term-minded investor?Shares of fast food giant McDonald's (MCD 1.06%) have been falling as the company deals with an outbreak of E. coli at its restaurants. At least 90 people have become ill due to the outbreak -- including one death -- apparently due to contaminated onions served on its burgers. As McDonald's moves to address the issue, investors may not be easily convinced. And when you consider t ...
What Makes McDonald's (MCD) a New Buy Stock
ZACKS· 2024-10-31 17:00
McDonald's (MCD) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Since a changing earnin ...
Is It Worth Investing in McDonald's (MCD) Based on Wall Street's Bullish Views?
ZACKS· 2024-10-31 14:36
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about McDonald's (MCD) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.McDonald's currently has an average brokerage recommendation ( ...
McDonalds: What History Says About Restaurant Stocks and Food-borne Illnesses
The Motley Fool· 2024-10-30 22:00
Could this be a good buying opportunity?McDonald's (MCD -1.18%) shares took a hit after the company's popular quarter pounders were linked to an E. coli outbreak in several Western and Midwest states. The U.S. Department of Agriculture believes that the onions used in the burgers were the likely source of the contamination.The contamination has led to around 50 people falling ill and one death thus far. McDonald's, which has a strong history of food safety, nonetheless vowed to improve its safety protocols. ...
McDonald's E. coli outbreak tied to Quarter Pounders grows to 90 infected
New York Post· 2024-10-30 20:43
The Centers for Disease Control and Prevention said Wednesday that the number of infected people from the E.coli outbreak linked to McDonald's Quarter Pounder hamburgers has increased to 90 from 75. The outbreak was first reported on Oct. 22 and on Wednesday, CDC said 27 people have been hospitalized due to the outbreak, which has already killed one person. Two of them developed hemolytic uremic syndrome (HUS), a serious condition that can cause kidney failure, as of Oct. 24. The E.coli outbreak linked to M ...
How McDonald's plans to bring back customers
Fox Business· 2024-10-30 18:11
In a bid to rejuvenate traffic among its budget-conscious consumers, McDonald's is expanding its value menu offerings. Part of this comeback strategy includes creating a "more holistic U.S. value platform" starting as soon as next year. There has been weakness in the lower-income consumer for the better part of the last 18 to 24 months, according to Sara Senatore, senior restaurant analyst at Bank of America. The issue is "lower income consumers do constitute a disproportionate amount of the customer base ...
Why McDonald's Says It Has 'Fallen Short' This Year
Investopedia· 2024-10-29 19:05
Fast-food chains lamented slow restaurant traffic in the first half of the year. It hasn't gone away, executives at McDonald’s (MCD) said today. McDonald’s shares were recently a bit lower after the company said third-quarter same-store sales were lower than Wall Street expected. On a conference call with analysts, CEO Chris Kempczinski said that “traffic has remained pressured, reflecting industry-wide challenges.” “While we anticipated a challenging environment in 2024, our performance so far this year ...
Stock Of The Day: McDonald's Faces Resistance At This Level, Here's A Technical Analysis
Benzinga· 2024-10-29 17:44
There are a lot of myths and misunderstandings when it comes to technical analysis. Many analysts overthink things. Even worse, some are proponents of bizarre methods that are more science fiction than legitimate market analysis. If understood and applied correctly, technical analysis is the study of price levels, trends, momentum, and psychology. Despite reporting earnings, these four dynamics are illustrated on the chart of McDonald’s Corporation MCD. This is why our team of technical analysts has made it ...
McDonald's CEO apologizes to customers after E. coli outbreak
Fox Business· 2024-10-29 16:50
McDonald's CEO Chris Kempczinski apologized to customers on Tuesday after an outbreak of E. coli that has sickened dozens and left one dead was linked to its Quarter Pounder hamburgers. "On behalf of the entire system, we are sorry for what our customers have experienced," Kempczinski said during the company's earnings call. "We offer our sincere and deepest sympathies, and we are committed to making this right." "Hearing reports of how this has impacted our customers has been wrenching for us," Kempczinski ...
Is McDonald's Stock a Smart Buy After Sell-Off and Earnings?
MarketBeat· 2024-10-29 16:15
Some of the market's biggest blue-chip stocks are not immune to offering discounts to investors; it's not that often that participants can exploit the short-term nature of these mispricing events, so when they come along, investors need to act fast before others come in to close the gap. Such an opportunity has come recently through one of the biggest household names in the United States today, though it may not last long considering what could be about to happen. McDonald's Today MCD McDonald's $297.50 +0. ...