A share price of McDonald’s Corp [MCD] is currently trading at $293.99, up 0.93%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MCD shares have lost -0.80% over the last week, with a monthly amount glided 1.18%, and seem to be holding up well over a long-time horizon.
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 $314.17 within the next 12 months. McDonald’s Corp [NYSE: MCD] shares were valued at $293.99 at the most recent close of the market. An investor can expect a potential return of 6.86% 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 291.76 points at the first support level, and at 289.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 295.24, and for the 2nd resistance point, it is at 296.50.
Ratios To Look Out For
To put it in perspective, the Current Ratio for McDonald’s Corp [NYSE:MCD] is 0.78. Further, the Quick Ratio stands at 0.77, while the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 8.20 and price to earnings (TTM) ratio is 25.81.
Transactions by insiders
Recent insider trading involved Erlinger Joseph M., President, McDonald’s USA, that happened on Dec 23 ’24 when 1099.0 shares were sold. Officer, JOSEPH M. ERLINGER completed a deal on Dec 23 ’24 to buy 1099.0 shares. Meanwhile, President, McDonald’s USA Erlinger Joseph M. sold 1099.0 shares on Nov 25 ’24.
