The stock of McDonald’s Corp (MCD) has gone up by 1.63% for the week, with a 6.08% rise in the past month and a 23.95% rise in the past quarter. The volatility ratio for the week is 1.09%, and the volatility levels for the past 30 days are 1.17% for MCD. The simple moving average for the past 20 days is 2.83% for MCD’s stock, with a 12.82% 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 higher price-to-earnings ratio of 27.56x compared to its average ratio. MCD has 36-month beta value of 0.73. Analysts have mixed views on the stock, with 15 analysts rating it as a “buy,” 8 as “overweight,” 10 as “hold,” and 0 as “sell.”
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The public float for MCD is 717.02M, and currently, short sellers hold a 1.37% ratio of that float. The average trading volume of MCD on October 22, 2024 was 3.12M shares.
MCD) stock’s latest price update
McDonald’s Corp (NYSE: MCD)’s stock price has decreased by -0.53 compared to its previous closing price of 316.56. However, the company has seen a 1.63% increase in its stock price over the last five trading sessions. zacks.com reported 2024-10-21 that In the most recent trading session, McDonald’s (MCD) closed at $314.89, indicating a -0.53% shift from the previous trading day.
Analysts’ Opinion of MCD
Many brokerage firms have already submitted their reports for MCD stocks, with Truist repeating the rating for MCD by listing it as a “Buy.” The predicted price for MCD in the upcoming period, according to Truist is $350 based on the research report published on October 15, 2024 of the current year 2024.
Jefferies gave a rating of “Buy” to MCD, setting the target price at $330 in the report published on September 09th of the current year.
MCD Trading at 6.69% 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 -0.72% of loss for the given period.
Volatility was left at 1.17%, however, over the last 30 days, the volatility rate increased by 1.09%, as shares surge +5.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.54% upper at present.
During the last 5 trading sessions, MCD rose by +1.63%, which changed the moving average for the period of 200-days by +7.94% in comparison to the 20-day moving average, which settled at $306.22. In addition, McDonald’s Corp saw 6.20% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MCD starting from Flatley Edith Morgan, who sale 2,346 shares at the price of $310.00 back on Oct 14 ’24. After this action, Flatley Edith Morgan now owns 2,905 shares of McDonald’s Corp, valued at $727,260 using the latest closing price.
CHRISTOPHER KEMPCZINSKI, the Director of McDonald’s Corp, proposed sale 9,291 shares at $303.65 during a trade that took place back on Sep 27 ’24, which means that CHRISTOPHER KEMPCZINSKI is holding shares at $2,821,212 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 0.32. The total capital return value is set at 0.24.
Based on McDonald’s Corp (MCD), the company’s capital structure generated 1.14 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 -8.12. The interest coverage ratio of the stock is 8.16.
Currently, EBITDA for the company is 12.13 billion with net debt to EBITDA at 3.92. When we switch over and look at the enterprise to sales, we see a ratio of 10.76. The receivables turnover for the company is 10.71for trailing twelve months and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.08.
Conclusion
To put it simply, McDonald’s Corp (MCD) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
