McDonald'sMCD
Market Cap: $208B
About: McDonald's is the largest restaurant owner-operator in the world, with 2023 system sales of $130 billion across nearly than 42,000 stores and 115 markets. McDonald's pioneered the franchise model, building its footprint through partnerships with independent restaurant franchisees and master franchise partners around the globe. The firm earns roughly 60% of its revenue from franchise royalty fees and lease payments, with most of the remainder coming from company-operated stores across its three core segments: the United States, internationally operated markets, and international developmental/licensed markets.
Employees: 150,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
33% more call options, than puts
Call options by funds: $2.83B | Put options by funds: $2.13B
0.93% less ownership
Funds ownership: 71.12% [Q1] → 70.2% (-0.93%) [Q2]
10% less repeat investments, than reductions
Existing positions increased: 1,167 | Existing positions reduced: 1,295
3% less funds holding
Funds holding: 3,086 [Q1] → 2,980 (-106) [Q2]
10% less capital invested
Capital invested by funds: $144B [Q1] → $130B (-$14.5B) [Q2]
38% less funds holding in top 10
Funds holding in top 10: 56 [Q1] → 35 (-21) [Q2]
41% less first-time investments, than exits
New positions opened: 150 | Existing positions closed: 256
Research analyst outlook
28 Wall Street Analysts provided 1 year price targets over the past 3 months
28 analyst ratings
Tigress Financial Ivan Feinseth 63% 1-year accuracy 47 / 75 met price target | 24%upside $360 | Buy Maintained | 3 Sept 2024 |
Evercore ISI Group David Palmer 55% 1-year accuracy 11 / 20 met price target | 11%upside $320 | Outperform Maintained | 19 Aug 2024 |
Guggenheim Gregory Francfort 86% 1-year accuracy 6 / 7 met price target | 0%upside $290 | Buy Maintained | 2 Aug 2024 |
TD Cowen Andrew Charles 47% 1-year accuracy 54 / 116 met price target | 3%downside $280 | Buy Maintained | 31 Jul 2024 |
Keybanc Eric Gonzalez 44% 1-year accuracy 12 / 27 met price target | 5%upside $305 | Overweight Maintained | 30 Jul 2024 |
Financial journalist opinion
Based on 44 articles about MCD published over the past 30 days