MCD

McDonald`s Corp

Consumer


Presented:11/03/2021
Price:$250.40
Cap:$187.00B
Current Price:$313.34
Cap:$224.77B

Presented

Date11/03/2021
Price$250.40
Market Cap$187.00B
Ent Value$232.34B
P/E Ratio25.85x
Book ValueN/A
Div Yield2.06%
Shares O/S746.80M
Ave Daily Vol2,501,776
Short Int0.78%

Current

Price$313.34
Market Cap$224.77B
McDonald's Corp. engages in the operation and franchising of restaurants. It operates through the following segments: U.S.; International Operated Markets, and International Developmental Licensed Markets and Corporate. The U.S. segment focuses its operations in the United States. The International Operated Markets segment comprises operations and franchising of restaurant in Australia, Canada, France, Germany, Italy, the Netherlands, Russia, Spain, and the U.K. The International Developmental Licensed Markets and Corporate segment consists developmental licensee and affiliate markets in the McDonald’s system. The firm's products include Big Mac, Quarter Pounder with Cheese, Filet-O-Fish, several chicken sandwiches, Chicken McNuggets, wraps, McDonald's Fries, salads, oatmeal, shakes, McFlurry desserts, sundaes, soft serve cones, pies, soft drinks, coffee, McCafe beverages, and other beverages. The company was founded by Raymond Albert Kroc on April 15, 1955 and is headquartered in Oak Brook, IL.

Publicly traded companies mentioned herein: McDonald’s Corp (MCD)

Highlights

The presenter is long shares of McDonald’s Corp (MCD), the highest quality operator in the QSR industry. Noting several tailwinds to comps and margins, he anticipates positive consensus estimate revisions over the next few quarters that could drive the current $250 share price to just under $300 in a year. This upside is attractive given MCD’s stability and its 2% dividend yield. 

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Idea Discussion

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