In the past week, MCD stock has gone down by -5.41%, with a monthly decline of -8.96% and a quarterly plunge of -8.59%. The volatility ratio for the week is 1.42%, and the volatility levels for the last 30 days are 1.42% for McDonald’s Corp. The simple moving average for the past 20 days is -5.65% for MCD’s stock, with a -5.75% simple moving average for the past 200 days.
Is It Worth Investing in McDonald’s Corp (NYSE: MCD) Right Now?
McDonald’s Corp (NYSE: MCD) has a price-to-earnings ratio that is above its average at 23.06x. The stock has a 36-month beta value of 0.71. Opinions on the stock are mixed, with 15 analysts rating it as a “buy,” 8 as “overweight,” 10 as “hold,” and 0 as “sell.”
The public float for MCD is 721.67M, and at present, short sellers hold a 1.21% of that float. On April 08, 2024, the average trading volume of MCD was 3.14M shares.
MCD) stock’s latest price update
McDonald’s Corp (NYSE: MCD)’s stock price has gone decline by -1.26 in comparison to its previous close of 270.09, however, the company has experienced a -5.41% decrease in its stock price over the last five trading days. InvestorPlace reported 2024-04-06 that After a slowdown in the economy and a dip in consumer spending, there is expected to be a rise in retail and consumer spending this year. Inflation is cooling, and we have been promised a rate cut later in the year.
Analysts’ Opinion of MCD
BofA Securities gave a rating of “Neutral” to MCD, setting the target price at $341 in the report published on January 29th of the current year.
MCD Trading at -7.60% from the 50-Day Moving Average
After a stumble in the market that brought MCD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.81% of loss for the given period.
Volatility was left at 1.42%, however, over the last 30 days, the volatility rate increased by 1.42%, as shares sank -8.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.23% lower at present.
During the last 5 trading sessions, MCD fell by -5.41%, which changed the moving average for the period of 200-days by -8.99% in comparison to the 20-day moving average, which settled at $281.45. In addition, McDonald’s Corp saw -10.06% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MCD starting from Erlinger Joseph M., who sale 1,099 shares at the price of $284.38 back on Mar 22 ’24. After this action, Erlinger Joseph M. now owns 18,075 shares of McDonald’s Corp, valued at $312,534 using the latest closing price.
Flatley Edith Morgan, the EVP – Global CMO of McDonald’s Corp, sale 4,346 shares at $295.32 during a trade that took place back on Feb 23 ’24, which means that Flatley Edith Morgan is holding 2,905 shares at $1,283,461 based on the most recent closing price.
Stock Fundamentals for MCD
Current profitability levels for the company are sitting at:
- 0.46 for the present operating margin
- 0.57 for the gross margin
The net margin for McDonald’s Corp stands at 0.33. The total capital return value is set at 0.24.
Based on McDonald’s Corp (MCD), the company’s capital structure generated 1.13 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at -8.51. The interest coverage ratio of the stock is 8.58.
Currently, EBITDA for the company is 12.13 billion with net debt to EBITDA at 3.73. When we switch over and look at the enterprise to sales, we see a ratio of 9.34. The receivables turnover for the company is 10.25for trailing twelve months and the total asset turnover is 0.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.16.
Conclusion
To sum up, McDonald’s Corp (MCD) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
