McDonald’s Corp [MCD] stock prices are down -0.43% to $266.23 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MCD shares have lost -0.50% over the last week, with a monthly amount drifted -5.50%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
McDonald’s Corp [NYSE: MCD] stock has seen the most recent analyst activity on March 25, 2024, when Argus downgraded its rating to a Hold. Previously, BTIG Research downgraded its rating to Neutral on February 06, 2024. On January 29, 2024, BofA Securities reiterated its Neutral rating and revised its price target to $341 on the stock. Oppenheimer downgraded its rating to a Perform. HSBC Securities initiated its recommendation with a Buy and recommended $317 as its price target on December 20, 2023. DZ Bank upgraded its rating to Buy for this stock on October 31, 2023, but kept the price target unchanged to $300. In a note dated October 19, 2023, Deutsche Bank initiated an Buy rating and provided a target price of $287 on this stock.
The stock price of McDonald’s Corp [MCD] has been fluctuating between $245.73 and $302.39 over the past year. Currently, Wall Street analysts expect the stock to reach $296.2 within the next 12 months. McDonald’s Corp [NYSE: MCD] shares were valued at $266.23 at the most recent close of the market. An investor can expect a potential return of 11.26% based on the average MCD price forecast.
Analyzing the MCD fundamentals
The McDonald’s Corp [NYSE:MCD] reported sales of 25.49B for trailing twelve months, representing a surge of 8.09%. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.46%, Pretax Profit Margin comes in at 0.41%, and Net Profit Margin reading is 0.33%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is -1.67 and Total Capital is 0.24. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-8.51.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 265.35 points at the first support level, and at 264.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 267.82, and for the 2nd resistance point, it is at 269.41.
Ratios To Look Out For
It’s worth pointing out that McDonald’s Corp [NYSE:MCD]’s Current Ratio is 1.16. In addition, the Quick Ratio stands at 1.16 and the Cash Ratio stands at 0.67. Considering the valuation of this stock, the price to sales ratio is 7.54 and price to earnings (TTM) ratio is 23.02.
Transactions by insiders
Recent insider trading involved Erlinger Joseph M., President, McDonald’s USA, that happened on Mar 22 ’24 when 1099.0 shares were sold. EVP – Global CMO, Flatley Edith Morgan completed a deal on Feb 23 ’24 to sell 4346.0 shares. Meanwhile, EVP – Chief Impact Officer Banner Jonathan sold 1750.0 shares on Feb 23 ’24.
