A share price of McDonald’s Corp [MCD] is currently trading at $299.47, up 1.48%. 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 gain 1.49% over the last week, with a monthly amount glided 0.72%, 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 23, 2024, when Robert W. Baird downgraded its rating to a Neutral and also revised its price target to $290 from $320. Previously, Guggenheim downgraded its rating to Neutral on October 23, 2024, and dropped its price target to $285. On October 15, 2024, Truist reiterated its Buy rating and revised its price target to $350 on the stock. Argus upgraded its rating to a Buy. Jefferies reiterated its recommendation of a Buy and raised its price target to $330 on September 09, 2024. TD Cowen downgraded its rating to Hold for this stock on July 31, 2024, and downed its price target to $280. In a note dated July 10, 2024, JP Morgan reiterated an Overweight rating on this stock and revised its target price from $300 to $290.
McDonald’s Corp experienced fluctuations in its stock price throughout the past year between $243.53 and $317.90. Currently, Wall Street analysts expect the stock to reach $321.05 within the next 12 months. McDonald’s Corp [NYSE: MCD] shares were valued at $299.47 at the most recent close of the market. An investor can expect a potential return of 7.21% based on the average MCD price forecast.
Analyzing the MCD fundamentals
Trailing Twelve Months sales for McDonald’s Corp [NYSE:MCD] were 25.94B which represents 2.70% growth. 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 -1.69 and Total Capital is 0.24. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-7.65.
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 296.36 points at the first support level, and at 293.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 301.16, and for the 2nd resistance point, it is at 302.85.
Ratios To Look Out For
To put it in perspective, the Current Ratio for McDonald’s Corp [NYSE:MCD] is 0.78. In addition, the Quick Ratio stands at 0.77 and the Cash Ratio stands at 0.19. Considering the valuation of this stock, the price to sales ratio is 8.27 and price to earnings (TTM) ratio is 26.29.
Transactions by insiders
Recent insider trading involved Erlinger Joseph M., President, McDonald’s USA, that happened on Nov 25 ’24 when 1099.0 shares were sold. Officer, JOSEPH ERLINGER completed a deal on Nov 25 ’24 to buy 1099.0 shares. Meanwhile, EVP-Chief Supply Chain Officer Gross Marion K. sold 1499.0 shares on Nov 01 ’24.
