|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's range||283.00 - 286.86|
|52-week range||245.73 - 299.35|
|Beta (5Y monthly)||0.70|
|PE ratio (TTM)||25.19|
|Earnings date||29 Jan 2024 - 02 Feb 2024|
|Forward dividend & yield||6.68 (2.34%)|
|Ex-dividend date||30 Nov 2023|
|1y target est||309.12|
The decision by McDonald's to take greater control of its China business and expand aggressively in the face of a consumer slowdown and geopolitical tensions seems risky - but the potential pay-off is great, analysts say. Last month, the U.S.-based burger maker cut a deal to repurchase the 28% stake in its China business Carlyle Group took in 2017, giving it a 48% share in $6 billion worth of operations that include Hong Kong and Macau. One advantage for McDonald’s: its majority partner in the China business, CITIC, provides top-level political cover, said Jason Yu, greater China managing director of market research firm Kantar Worldpanel.
In this article, we will take a look at the 12 popular fast food franchises you can own for under $100000. If you want to skip our detailed analysis, you can go directly to 5 Popular Fast Food Franchises You Can Own for Under $100000. According to a report by Precedence Research, the global fast food […]
Fads come and go in the fast-food world, but people always seem to return to McDonald's (NYSE: MCD) when hunger strikes. One hallmark of a successful business is that it can gain market share in just about any selling environment. Comparable-store sales were up 9% this past quarter, beating Chipotle and its 5% boost.