McDonald’s Corp (MCD): A Technical Analysis

McDonald’s Corp (NYSE: MCD) has a higher price-to-earnings ratio of 25.71x compared to its average ratio. MCD has 36-month beta value of 0.74. 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.”

The public float for MCD is 717.11M, and currently, short sellers hold a 1.32% ratio of that float. The average trading volume of MCD on November 05, 2024 was 3.50M shares.

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MCD) stock’s latest price update

McDonald’s Corp (NYSE: MCD)’s stock price has dropped by -0.80 in relation to previous closing price of 295.21. Nevertheless, the company has seen a loss of -1.33% in its stock price over the last five trading days. marketwatch.com reported 2024-11-04 that Prices for morning menu items have far outpaced the rate of inflation, according to a new study.

MCD’s Market Performance

McDonald’s Corp (MCD) has experienced a -1.33% fall in stock performance for the past week, with a -3.59% drop in the past month, and a 8.44% rise in the past quarter. The volatility ratio for the week is 1.59%, and the volatility levels for the past 30 days are at 1.48% for MCD. The simple moving average for the last 20 days is -3.48% for MCD’s stock, with a simple moving average of 4.85% for the last 200 days.

Analysts’ Opinion of MCD

Many brokerage firms have already submitted their reports for MCD stocks, with Robert W. Baird repeating the rating for MCD by listing it as a “Neutral.” The predicted price for MCD in the upcoming period, according to Robert W. Baird is $290 based on the research report published on October 23, 2024 of the current year 2024.

Guggenheim, on the other hand, stated in their research note that they expect to see MCD reach a price target of $285, previously predicting the price at $290. The rating they have provided for MCD stocks is “Neutral” according to the report published on October 23rd, 2024.

Truist gave a rating of “Buy” to MCD, setting the target price at $350 in the report published on October 15th of the current year.

MCD Trading at -1.87% 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 -7.88% of loss for the given period.

Volatility was left at 1.48%, however, over the last 30 days, the volatility rate increased by 1.59%, as shares sank -2.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.15% upper at present.

During the last 5 trading sessions, MCD fell by -1.33%, which changed the moving average for the period of 200-days by -2.56% in comparison to the 20-day moving average, which settled at $303.40. In addition, McDonald’s Corp saw -1.23% 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 $292.38 back on Oct 23 ’24. After this action, Erlinger Joseph M. now owns 10,385 shares of McDonald’s Corp, valued at $321,326 using the latest closing price.

JOSEPH ERLINGER, the Officer of McDonald’s Corp, proposed sale 1,099 shares at $314.69 during a trade that took place back on Oct 23 ’24, which means that JOSEPH ERLINGER is holding shares at $345,844 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 7.95.

Currently, EBITDA for the company is 12.13 billion with net debt to EBITDA at 3.93. When we switch over and look at the enterprise to sales, we see a ratio of 10.07. The receivables turnover for the company is 10.79for 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 mixed 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.

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