McDonald’s Corp (MCD) concluded trading on Thursday at a closing price of $279.74, with 3.4 million shares of worth about $949.85 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 7.18% during that period and on January 16, 2025 the price saw a loss of about -0.91%. Currently the company’s common shares owned by public are about 716.60M shares, out of which, 716.42M shares are available for trading.
Stock saw a price change of -2.50% in past 5 days and over the past one month there was a price change of -5.68%. Year-to-date (YTD), MCD shares are showing a performance of -3.50% which decreased to -3.90% 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 3.61 million. The stock is currently trading -3.34% below its 20-day simple moving average (SMA20), while that difference is down -4.59% for SMA50 and it goes to -0.13% lower than SMA200.
McDonald’s Corp (NYSE: MCD) currently have 716.60M outstanding shares and institutions hold larger chunk of about 72.76% of that.
The stock has a current market capitalization of $200.47B and its 3Y-monthly beta is at 0.74. PE ratio of stock for trailing 12 months is 24.56, while it has posted earnings per share of $11.39 in the same period. Its PEG reads 4.56 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 1.76% while standing at 1.58% over the month.
Stock’s fiscal year EPS is expected to drop by -1.28% while it is estimated to increase by 6.41% in next year. EPS is likely to shrink at an annualized rate of 5.38% 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 Citigroup on January 10, 2025 offering a Buy rating for the stock and assigned a target price range of between $311 and $334 to it. Coverage by Robert W. Baird stated McDonald’s Corp (MCD) stock as a Neutral in their note to investors on October 23, 2024, suggesting a price target of $290 for the stock. On October 23, 2024, Guggenheim Downgrade their recommendations, while on October 15, 2024, Truist Reiterated their ratings for the stock with a price target of $350. Stock get a Buy rating from Argus on October 08, 2024.
