The stock of McDonald’s Corp (MCD) has gone down by -1.55% for the week, with a 0.98% rise in the past month and a -5.83% drop in the past quarter. The volatility ratio for the week is 2.46%, and the volatility levels for the past 30 days are 1.51% for MCD. The simple moving average for the last 20 days is -0.79% for MCD stock, with a simple moving average of -4.02% for the last 200 days.
Is It Worth Investing in McDonald’s Corp (NYSE: MCD) Right Now?
The price-to-earnings ratio for McDonald’s Corp (NYSE: MCD) is above average at 22.88x, Company’s 36-month beta value is 0.73.Analysts have differing opinions on the stock, with 15 analysts rating it as a “buy,” 8 as “overweight,” 10 as “hold,” and 0 as “sell.”
The public float for MCD is 720.64M, and currently, short sellers hold a 1.18% ratio of that floaft. The average trading volume of MCD on May 07, 2024 was 3.40M shares.
MCD) stock’s latest price update
McDonald’s Corp (NYSE: MCD)’s stock price has plunge by -0.38relation to previous closing price of 270.32. Nevertheless, the company has seen a -1.55% plunge in its stock price over the last five trading sessions. The Motley Fool reported 2024-05-06 that The topics include what an aging American population means for stocks and how natural gas companies benefit from a growing global middle class.
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 -3.77% 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 -10.94% of loss for the given period.
Volatility was left at 1.51%, however, over the last 30 days, the volatility rate increased by 2.46%, as shares surge +0.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.56% lower at present.
During the last 5 trading sessions, MCD fell by -1.55%, which changed the moving average for the period of 200-days by -9.37% in comparison to the 20-day moving average, which settled at $271.53. In addition, McDonald’s Corp saw -9.18% 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 1,098 shares at the price of $276.64 back on Apr 23 ’24. After this action, Erlinger Joseph M. now owns 16,977 shares of McDonald’s Corp, valued at $303,751 using the latest closing price.
Erlinger Joseph M., the President, McDonald’s USA of McDonald’s Corp, sale 1,099 shares at $284.38 during a trade that took place back on Mar 22 ’24, which means that Erlinger Joseph M. is holding 18,075 shares at $312,534 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
- 0.56 for the gross margin
The net margin for McDonald’s Corp stands at 0.33.
Currently, EBITDA for the company is 12.13 billion with net debt to EBITDA at 0.37. When we switch over and look at the enterprise to sales, we see a ratio of 7.71. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.16.
Conclusion
In a nutshell, McDonald’s Corp (MCD) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
