Currently, there are 716.60M common shares owned by the public and among those 713.96M shares have been available to trade.
The company’s stock has a 5-day price change of 6.33% and 4.90% over the past three months. MCD shares are trading 6.39% year to date (YTD), with the 12-month market performance up to 7.34% higher. It has a 12-month low price of $243.53 and touched a high of $317.90 over the same period. MCD has an average intraday trading volume of 2.97 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 7.07%, 5.77%, and 9.51% respectively.
Institutional ownership of McDonald’s Corp (NYSE: MCD) shares accounts for 73.01% of the company’s 716.60M shares outstanding.
It has a market capitalization of $221.02B and a beta (3y monthly) value of 0.72. The stock’s trailing 12-month PE ratio is 27.07, while the earnings-per-share (ttm) stands at $11.39. The company has a PEG of 3.50 and a Quick Ratio of 0.77. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.69% over the week and 1.62% over the month.
Earnings per share for the fiscal year are expected to increase by 5.68%, and 8.26% over the next financial year. EPS should shrink at an annualized rate of 7.73% over the next five years, compared to 8.93% over the past 5-year period.
Looking at the support for the MCD, a number of firms have released research notes about the stock. Citigroup stated their Buy rating for the stock in a research note on January 10, 2025, with the firm’s price target at $311-$334. Robert W. Baird coverage for the McDonald’s Corp (MCD) stock in a research note released on October 23, 2024 offered a Neutral rating with a price target of $290. Guggenheim was of a view on October 23, 2024 that the stock is Neutral, while Truist gave the stock Buy rating on October 15, 2024, issuing a price target of $295- $350. Argus on their part issued Buy rating on October 08, 2024.
