McDonald'sMCD
Market Cap: 182B
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 Q1 SEC filings by fund managers ($100M+ AUM)
45% more call options, than puts
Call options by funds: $2.48B | Put options by funds: $1.72B
0.89% less ownership
Funds ownership: 70.09% [Q4 2023] → 69.2% (-0.89%) [Q1 2024]
5% less repeat investments, than reductions
Existing positions increased: 1,204 | Existing positions reduced: 1,261
1% less funds holding
Funds holding: 3,086 [Q4 2023] → 3,050 (-36) [Q1 2024]
7% less capital invested
Capital invested by funds: $151B [Q4 2023] → $141B (-$10B) [Q1 2024]
17% less first-time investments, than exits
New positions opened: 177 | Existing positions closed: 213
46% less funds holding in top 10
Funds holding in top 10: 103 [Q4 2023] → 56 (-47) [Q1 2024]
Research analyst outlook
42 Wall Street Analysts provided 1 year price forecasts over the past 6 months
42 analyst ratings
Stifel Chris O'Cull | 5%upside $265 | Hold Maintained | 22 Jul 2024 |
Wedbush Nick Setyan | 17%upside $295 | Outperform Reiterated | 19 Jul 2024 |
TD Cowen Andrew Charles | 13%upside $285 | Buy Maintained | 17 Jul 2024 |
Citigroup Jon Tower | 11%upside $280 | Neutral Maintained | 16 Jul 2024 |
Deutsche Bank Lauren Silberman | 17%upside $295 | Buy Maintained | 16 Jul 2024 |
Financial journalist opinion
Based on 74 articles about MCD published over the past 30 days