McDonald’s Corp (MCD) concluded trading on Thursday at a closing price of $288.47, with 4.47 million shares of worth about $1.29 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.84% during that period and on November 21, 2024 the price saw a loss of about -0.84%. Currently the company’s common shares owned by public are about 731.30M shares, out of which, 716.42M shares are available for trading.
Stock saw a price change of -3.38% in past 5 days and over the past one month there was a price change of -3.38%. Year-to-date (YTD), MCD shares are showing a performance of -2.71% which increased to 2.85% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $243.53 but also hit the highest price of $317.90 during that period. The average intraday trading volume for McDonald’s Corp shares is 3.29 million. The stock is currently trading -2.06% below its 20-day simple moving average (SMA20), while that difference is down -3.84% for SMA50 and it goes to 3.25% higher than SMA200.
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McDonald’s Corp (NYSE: MCD) currently have 731.30M outstanding shares and institutions hold larger chunk of about 72.78% of that.
The stock has a current market capitalization of $206.72B and its 3Y-monthly beta is at 0.74. PE ratio of stock for trailing 12 months is 25.32, while it has posted earnings per share of $11.39 in the same period. Its PEG reads 4.69 and has Quick Ratio of 0.77. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MCD, volatility over the week remained 1.88% while standing at 1.69% over the month.
Stock’s fiscal year EPS is expected to drop by -1.12% while it is estimated to increase by 6.69% in next year. EPS is likely to shrink at an annualized rate of 5.39% for next 5-years, compared to annual growth of 8.93% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Robert W. Baird on October 23, 2024 offering a Neutral rating for the stock and assigned a target price range of between $320 and $290 to it. Coverage by Guggenheim stated McDonald’s Corp (MCD) stock as a Neutral in their note to investors on October 23, 2024, suggesting a price target of $285 for the stock. Stock get a Buy rating from Jefferies on September 09, 2024.
