MCD – McDonald’s Corp. is a food chain retailer franchise which operates in various countries around the globe. The stock rose 0.5% pre-market today.
MCD – McDonald’s Corp.
|Fundamentals||Previously closed at||123.17|
|Analysts opinion||Today, Credit Suisse raised its price target for MCD to $135 due to higher earnings report and weaker USD. A strong USD can be bad for MCD since it operates in numerous countries. In its earnings report, MCD announced a net income of $4.5 million and total revenue of $25.4 billion, which is a 5% and 7% decrease each from 2014. However, if we exclude the foreign currency exchange, the net income and revenue has increased 5% and 3% compared to 2014. Analysts remain optimistic regarding the stock.|
|Sentiments||While the investors are eagerly waiting for Janet Yellen’s upcoming speech on monetary policy, the sentiments for MCD may depend on this as well, since it is impacted by Strong/Weak dollar.|
|Social Media Pulse||The stock has 21% lower chatter than usual.|