|Bid||234.77 x 1200|
|Ask||234.91 x 800|
|Day's range||233.99 - 235.72|
|52-week range||167.85 - 238.18|
|Beta (5Y monthly)||0.63|
|PE ratio (TTM)||34.08|
|Forward dividend & yield||5.16 (2.20%)|
|Ex-dividend date||26 Feb 2021|
|1y target est||N/A|
More patrons are going out to eat now that lockdowns have lifted in several states, and restaurant chains are reaping the benefits. McDonald's (NYSE: MCD), the largest restaurant chain in the world, demonstrated this amply in the 2021 first quarter. McDonald's comps decreased as much as 24% year over year in the 2020 second quarter when dining rooms were closed, but that quickly improved to a 2% decrease in the third quarter, and a 1.5% decrease in the fourth quarter.
McDonald's (NYSE: MCD) is back to setting sales records. Almost exactly one year after the pandemic forced its restaurants to shut down, the fast-food giant reported a new high mark for revenue, thanks to rising demand in each of its geographic markets. McDonald's clearly benefited from the economic rebound that has lifted most consumer-focused businesses in the past few months.
Demand for chicken is creating a shortage and restaurants will have to pass the increased costs on to consumers.