TRENDING KEYWORDS
McDonald's (MCD, $230.46) to shutter hundreds of outlets in Walmart
McDonald's is planning to shutter hundreds of its outlets in Walmart stores by the end of the summer.
Walmart confirmed Friday that the fast-food restaurant chain will have around 150 locations after the closures. That’s down from 500 at the start of the year and from an overall peak of about 1,000.
down from 500 at the start of the year and from an overall peak of about 1,000, The Wall Street Journal reported.
A former McDonald's executive told Dow Jones that stand-alone McDonald's locations with drive-throughs were far more profitable, even before the pandemic.
According to the executive, a third of the sales from Walmart-sited McDonald’s restaurants came from Walmart employees, while many patrons visited them only to load “up on refills and condiments, diluting margins.”
Walmart is now considering other restaurant options “that don't rely solely on store traffic,” others familiar with the situation told Dow Jones.
MCD's Stochastic Oscillator is remaining in oversold zone for 2 days
Be on the lookout for a price bounce soon.
Current price $245.06 crossed the support line at $254.52 and is trading between $254.52 support and $207.24 resistance lines. Throughout the month of 04/12/22 - 05/13/22, the price experienced a -2% Downtrend. During the week of 05/06/22 - 05/13/22, the stock fell -2%.
Following a +1.93% 3-day Advance, the price is estimated to grow further. Considering data from situations where MCD advanced for three days, in 164 of 333 cases, the price rose further within the following month. The odds of a continued upward trend are 49%.
The Aroon Indicator entered an Uptrend today. In 202 of 384 cases where MCD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 53%.
The 10-day RSI Indicator for MCD moved out of overbought territory on April 08, 2022. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 47 similar instances where the indicator moved out of overbought territory. In 15 of the 47 cases, the stock moved lower in the following days. This puts the odds of a move lower at 32%.
The Momentum Indicator moved below the 0 level on May 09, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on MCD as a result. In 31 of 100 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 31%.
The Moving Average Convergence Divergence Histogram (MACD) for MCD turned negative on April 26, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 56 similar instances when the indicator turned negative. In 15 of the 56 cases the stock turned lower in the days that followed. This puts the odds of success at 27%.
The 50-day Moving Average for MCD moved below the 200-day moving average on April 13, 2022. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MCD declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 35%.
MCD broke above its upper Bollinger Band on April 19, 2022. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Tickeron has a negative outlook on this ticker and predicts a further decline by more than 4.00% within the next month with a likelihood of 31%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.53.
The Tickeron Profit vs. Risk Rating rating for this company is 10 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 86, placing this stock better than average.
The Tickeron Valuation Rating of 12 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.000) is normal, around the industry mean (10.204). P/E Ratio (25.907) is within average values for comparable stocks, (193.487). Projected Growth (PEG Ratio) (3.771) is also within normal values, averaging (2.185). Dividend Yield (0.022) settles around the average of (0.028) among similar stocks. P/S Ratio (7.746) is also within normal values, averaging (3.160).
The Tickeron SMR rating for this company is 15 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is 43 (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is 52 (best 1 - 100 worst), indicating steady price growth. MCD’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The industry includes companies that operate full-service restaurants, fast food restaurants, cafeterias and snack bars. McDonald's Corporation, Starbucks Corporation, YUM! Brands, Inc. and Restaurant Brands International Inc. are some of the largest U.S. restaurant-owning companies in terms of market capitalization. While restaurant spending could be viewed as discretionary for consumers, some companies in the business have been able to weather economic cycles by establishing strong loyalty among customers over the years. Many of them also have a strong global presence as well.
The average market capitalization across the Restaurants Industry is 5.2B. The market cap for tickers in the group ranges from 17.2K to 181.2B. MCD holds the highest valuation in this group at 181.2B. The lowest valued company is BBUCQ at 17.2K.
The average weekly price growth across all stocks in the Restaurants Industry was -4.57%. For the same Industry, the average monthly price growth was -10.02%, and the average quarterly price growth was -23.42%. FATBP experienced the highest price growth at 24.33%, while FBGI experienced the biggest fall at -55.52%.
- 3/31/22 6:39 AM: McDonald's (MCD, $249.03) was a top weekly gainer, with a +5.47% jump
- 3/17/22 4:20 AM: McDonald's (MCD, $238.14) was a top weekly gainer, with a +7.04% jump
The average weekly volume growth across all stocks in the Restaurants Industry was 23.66%. For the same stocks of the Industry, the average monthly volume growth was 60.6% and the average quarterly volume growth was -22.16%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Negative Outlook today, backed by the Aroon Indicator. Tickeron has a negative outlook on this group and predicts a further decline by more than 4.00% within the next month with a likelihood of 32%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.23.
23 stocks in the group of tickers confirmed the negative outlook based on the 15 indicator with average odds of 71%.
The most notable companies in this group are McDonald's Corp (NYSE:MCD), Starbucks Corp (NASDAQ:SBUX), Chipotle Mexican Grill (NYSE:CMG), Yum! Brands (NYSE:YUM), Yum China Holdings (NYSE:YUMC), Darden Restaurants (NYSE:DRI), Domino's Pizza (NYSE:DPZ), Shake Shack (NYSE:SHAK), Noodles & Company (NASDAQ:NDLS).
The average market capitalization across the group is 8.6B. The market cap for tickers in the group ranges from 696.1K to 181.2B. MCD holds the highest valuation in this group at 181.2B. The lowest valued company is BDVB at 696.1K.
The average weekly price growth across all stocks in the group was -3.58%. For the same group, the average monthly price growth was -10.79%, and the average quarterly price growth was -24.24%. BCCI experienced the highest price growth at 23.33%, while NROM experienced the biggest fall at -27.9%.
- 5/14/22 4:24 AM: Texas Roadhouse (TXRH, $78.54) was a top loser this week, declining -6.4%. Expect a Downtrend reversal
- 5/12/22 5:38 AM: Yum! Brands (YUM, $108.9) was a top loser this week, declining -8.09%. Expect a Downtrend reversal
- 5/12/22 5:38 AM: Rave Restaurant Group (RAVE, $0.84) is a top weekly loser for penny stocks, falling -17.8%
The average weekly volume growth across all stocks in the group was 144.39%. For the same stocks of the group, the average monthly volume growth was 367.05% and the average quarterly volume growth was 344.44%
- 4/9/22 5:21 AM: The volume for Rave Restaurant Group stock increased for four consecutive days, resulting in a record-breaking daily growth of 160% of the 65-Day Volume Moving Average
- 4/8/22 4:25 AM: The volume for Rave Restaurant Group stock increased for three consecutive days, resulting in a record-breaking daily growth of 154% of the 65-Day Volume Moving Average
- 3/26/22 5:57 AM: The volume for Rave Restaurant Group stock increased for a consecutive 5 days, with an average daily gain of 319%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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