McDonald’s Co. To Post $4.99B As Q4 Sales, Reports Zacks

0
217
MCD
MCD

According to a recent report issued by Zacks Investment Research, the fast-food giant McDonald’s is expected to post the fourth-quarter sales as $4.99 billion. The estimation will be confirmed after MCD posts its Q4 earnings report. It is expected to come out on the 29th of the upcoming month.

Apart from Zacks Investment Research, thirteen other analysts have also issued reports on this company. The highest sales estimate stands at $5.26 billion and the lowest is marked at $4.56 billion. The company’s record suggests that the stock reported $4.71 billion as sales in the corresponding quarter previous year. This suggests that there is a potential upside of 59% this year.

The company’s stocks traded at $207.37 this Friday. Its current market capitalization stands at $154.61 billion. It has a positive PE ratio of 31.66 along with a beta of 0.58 at the moment. The PEG ratio stands at 3.17. The 12-monthly high to low ranges from $231.91 to $124.23. The 50SMA (50 Days Simple Moving Average) stands at $211.04 and its 200SMA stands at $215.16.

NYSE: MCD Stock Detailed Analysis

The quarterly earnings report for the previous quarter was released on the 27th of January. The earnings at that quarter stood at $1.70 EPS as opposed to the general consensus of $1.77 proposed by analysts at Thomson Reuters. The company’s return on equity stands at -53.62% along with a net margin of 25.60%.

The estimated income for the firm was marked at $5.35 billion but McDonald’s made $5.31 billion for the quarter. According to the metrics, the revenue has decreased by 2.1% compared to the corresponding quarter. During the same quarter the previous year, the company posted an EPS of $1.97.

NYSE: MCD stocks have recently been the subject of a lot of reports by equities analysts. Some such as Citigroup, Inc., UBS Group, Wells Fargo & Company, Smith Barney Citigroup, Stephens, and so on have posted reports on this firm over the last few months.