McDonald’s Corp [MCD] stock is trading at $313.34, up 1.13%. An important factor to consider is whether the stock is rising or falling in short-term value. The MCD shares have gain 3.79% over the last week, with a monthly amount glided 5.61%, 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 October 15, 2024, when Truist reiterated its Buy rating and also boosted its price target to $350 from $295. Previously, Argus upgraded its rating to Buy on October 08, 2024. On September 09, 2024, Jefferies reiterated its Buy rating and revised its price target to $330 on the stock. TD Cowen downgraded its rating to a Hold and decreased its price target to $280 on July 31, 2024. JP Morgan reiterated its recommendation of a Overweight and reduced its price target to $290 on July 10, 2024. Guggenheim reiterated a Buy rating for this stock on July 02, 2024, and downed its price target to $280. In a note dated June 13, 2024, Goldman initiated an Neutral rating and provided a target price of $288 on this stock.
McDonald’s Corp [MCD] stock has fluctuated between $243.53 and $310.42 over the past year. Currently, Wall Street analysts expect the stock to reach $315.03 within the next 12 months. McDonald’s Corp [NYSE: MCD] shares were valued at $313.34 at the most recent close of the market. An investor can expect a potential return of 0.54% based on the average MCD price forecast.
Analyzing the MCD fundamentals
McDonald’s Corp [NYSE:MCD] reported sales of 25.76B for the trailing twelve months, which represents 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 311.11 points at the first support level, and at 308.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 315.46, and for the 2nd resistance point, it is at 317.59.
Ratios To Look Out For
For context, McDonald’s Corp’s Current Ratio is 1.08. On the other hand, the Quick Ratio is 1.06, and the Cash Ratio is 0.2. Considering the valuation of this stock, the price to sales ratio is 8.73 and price to earnings (TTM) ratio is 27.42.
Transactions by insiders
Recent insider trading involved Flatley Edith Morgan, EVP – Global CMO, that happened on Oct 14 ’24 when 2346.0 shares were sold. Director, CHRISTOPHER KEMPCZINSKI completed a deal on Sep 27 ’24 to buy 9291.0 shares. Meanwhile, Chairman and CEO Kempczinski Christopher J sold 9291.0 shares on Sep 27 ’24.
