Trefis Team

Trefis Team is a group of MIT engineers and Wall Street analysts who provide financial analysis through their platform dashboards.trefis.com. They help users understand the impact of various companies' products on their stock prices. The team has a background in analyzing stocks and identifying trends, providing valuable insights for investors.

94%

The Daily's Verdict

This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

Bias

100%

Examples:

No current examples available.

Conflicts of Interest

100%

Examples:

No current examples available.

Contradictions

85%

Examples:

  • Around 38% of McDonald's revenue comes from sales at company-owned restaurants and those sales come from about 5% of McDonald's restaurants owned by the company.
  • McDonald's expects the quick-service restaurant industry traffic in the U.S. to be negative for the full year 2024.
  • McDonald's stock has declined from around $297 to $251 so far this year.
  • McDonald's stock is scheduled to report fiscal second-quarter results on July 29, 2024.
  • McDonald's stock is trading at a valuation of 21x forward price-to-earnings ratio which is below its five-year average of 28x.
  • The S&P grew about 14% over the same period.

Deceptions

80%

Examples:

  • Given the current uncertain macroeconomic environment with high oil prices and elevated interest rates, could MCD face a similar situation as it did in 2023 and underperform the S&P over the next 12 months - or will it see a strong jump?
  • It should be noted that MCD shares are trading at a valuation of 21x forward price-to-earnings ratio which is below its five-year average of 28x, indicating that the stock could move higher again in the long term.
  • The stock decline can be attributed to investors' concern about rising costs.

Recent Articles

McDonald's Beats Inflation with Successful Value Promotions: Second-Quarter Earnings Report

McDonald's Beats Inflation with Successful Value Promotions: Second-Quarter Earnings Report

Broke On: Monday, 29 July 2024 McDonald's reports Q2 revenues of $6.63 billion, slightly above expectations, with net income at $2.24 billion despite inflation concerns. The company attributes its strong performance to value advertising and announces extension of popular $5 meal deal into August due to customer response.