NEW YORK, March 28, 2017 /PRNewswire/ --
Companies in the Restaurants industry operate restaurants and other eating places, including full-service restaurants, quick-service restaurants, cafeterias and buffets, and snack bars. Demand is driven by demographics, consumer tastes, and personal income. Pre-market today, Stock-Callers.com tracks the performances of McDonald's Corp. (NYSE: MCD), The Wendy's Co. (NASDAQ: WEN), Yum China Holdings Inc. (NYSE: YUMC), and Yum! Brands Inc. (NYSE: YUM). Today's research reports on the aforementioned stocks are downloadable for free upon registration at: http://stock-callers.com/registration
Oak Brook, Illinois-based McDonald's Corp.'s stock finished Monday's session 0.12% higher at $129.49 with a total trading volume of 2.51 million shares. The Company's shares have advanced 1.39% in the past month, 5.43% over the previous three months, and 7.17% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.35% and 9.15%, respectively. Furthermore, shares of McDonald's, which operates and franchises McDonald's restaurants in the US, Europe, Asia/Pacific, Middle East, Africa, Canada, Latin America, and internationally, have a Relative Strength Index (RSI) of 74.07.
On March 03rd, 2017, research firm Telsey Advisory Group reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $130 a share to $136 a share. Visit us today and access our complete research report on MCD at: http://stock-callers.com/registration/?symbol=MCD
Shares in Dublin, Ohio headquartered The Wendy's Co. ended at $13.37, down 0.45% from the last trading session. The stock recorded a trading volume of 1.64 million shares. The Company's shares are trading 15.25% above their 200-day moving average. Moreover, shares of Wendy's, which through its subsidiaries, operates as a quick-service restaurant company in the hamburger sandwich segment worldwide, have an RSI of 46.19.
On March 01st, 2017, Wendy's announced the expansion of its Supplier Code of Conduct, which now includes all US and Canadian contracts managed by the Quality Supply Chain Cooperative, and suppliers that provide a significant stream of goods or services to the Company on an annual basis. The code also includes new requirements for certain suppliers, and identifies future aspirations to encourage continuous improvement in a meaningful way. The complimentary report on WEN can be downloaded at: http://stock-callers.com/registration/?symbol=WEN
Shanghai, China headquartered Yum China Holdings Inc.'s stock ended yesterday's session 1.22% higher at $26.46 with a total trading volume of 1.80 million shares. The Company's shares have advanced 1.15% over the previous three months and 1.30% on an YTD basis. The stock is trading 1.04% below its 200-day moving average. Additionally, shares of Yum China, which operates primarily through KFC and Pizza Hut Casual Dining segments, have an RSI of 47.64.
On March 07th, 2017, Yum China Holdings announced that it will report its unaudited financial results for the first quarter ended February 28th, 2017, at 4:30 pm ET on Wednesday, April 05th, 2017. The Company will hold an earnings conference call at 8:00 pm ET on Wednesday, April 05th, 2017. Register for free on Stock-Callers.com and access the latest research report on YUMC at: http://stock-callers.com/registration/?symbol=YUMC
On Monday, shares in Louisville, Kentucky headquartered Yum! Brands Inc. recorded a trading volume of 4.94 million shares, which was above their three months average volume of 2.48 million shares. The stock finished 0.11% lower at $63.51. The Company's shares have advanced 0.75% since the start of this year. The stock is trading above its 200-day moving average by 0.57%. Furthermore, shares of Yum! Brands, which through its subsidiaries, develops, operates, and franchises quick service restaurants, have an RSI of 37.98.
On March 24th, 2017, Yum! Brands' Board of Directors declared a dividend of $0.30 per share of common stock. The quarterly dividend will be distributed on May 05th, 2017 to shareholders of record at the close of business on April 14th, 2017. Over the long-term, the Company targets a payout ratio of 45% to 50% of annual net income before special items. Get free access to your research report on YUM at: http://stock-callers.com/registration/?symbol=YUM
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