McDonald’s Corp [MCD] stock prices are down -0.10% to $303.45 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 -0.07% over the last week, with a monthly amount glided 5.35%, and 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 September 09, 2024, when Jefferies reiterated its Buy rating and also boosted its price target to $330 from $310. Previously, TD Cowen downgraded its rating to Hold on July 31, 2024, and dropped its price target to $280. On July 10, 2024, JP Morgan reiterated its Overweight rating and revised its price target to $290 on the stock. Guggenheim reiterated its Buy rating and decreased its price target to $280 on July 02, 2024. Goldman initiated its recommendation with a Neutral and recommended $288 as its price target on June 13, 2024. BofA Securities reiterated a Neutral rating for this stock on May 28, 2024, and downed its price target to $288. In a note dated March 25, 2024, Argus downgraded an Hold rating on this stock.
The stock price of McDonald’s Corp [MCD] has been fluctuating between $243.53 and $306.96 over the past year. Currently, Wall Street analysts expect the stock to reach $313.36 within the next 12 months. McDonald’s Corp [NYSE: MCD] shares were valued at $303.45 at the most recent close of the market. An investor can expect a potential return of 3.27% based on the average MCD price forecast.
Analyzing the MCD fundamentals
The McDonald’s Corp [NYSE:MCD] reported sales of 25.76B for trailing twelve months, representing a drop of -0.12%. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at 0.46%, Pretax Profit Margin comes in at 0.4%, and Net Profit Margin reading is 0.32%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is -1.73 and Total Capital is 0.24. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-8.12.
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 301.80 points at the first support level, and at 300.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 304.56, and for the 2nd resistance point, it is at 305.67.
Ratios To Look Out For
It’s worth pointing out that McDonald’s Corp [NYSE:MCD]’s Current Ratio is 1.08. In addition, the Quick Ratio stands at 1.06 and the Cash Ratio stands at 0.2. Considering the valuation of this stock, the price to sales ratio is 8.45 and price to earnings (TTM) ratio is 26.56.
Transactions by insiders
Recent insider trading involved CHRISTOPHER KEMPCZINSKI, Director, that happened on Sep 27 ’24 when 9291.0 shares were purchased. Chairman and CEO, Kempczinski Christopher J completed a deal on Sep 27 ’24 to sell 9291.0 shares. Meanwhile, Chairman and CEO Kempczinski Christopher J sold 11727.0 shares on Sep 23 ’24.
