McDonald’s Corp (MCD) concluded trading on Wednesday at a closing price of $304.27, with 4.14 million shares of worth about $1.26 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 5.09% during that period and on Wednesday the price saw a loss of about -2.08%. Currently the company’s common shares owned by public are about 716.62M shares, out of which, 716.34M shares are available for trading.
Stock saw a price change of 0.77% in past 5 days and over the past one month there was a price change of 3.81%. Year-to-date (YTD), MCD shares are showing a performance of 4.96% which increased to 2.19% 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 3.08 million. The stock is currently trading 1.28% above its 20-day simple moving average (SMA20), while that difference is up 3.59% for SMA50 and it goes to 7.31% higher than SMA200.
McDonald’s Corp (NYSE: MCD) currently have 716.62M outstanding shares and institutions hold larger chunk of about 73.46% of that.
The stock has a current market capitalization of $218.05B and its 3Y-monthly beta is at 0.70. PE ratio of stock for trailing 12 months is 26.71, while it has posted earnings per share of $11.39 in the same period. Its PEG reads 3.51 and has Quick Ratio of 1.18. 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 2.00% while standing at 1.65% over the month.
Stock’s fiscal year EPS is expected to rise by 5.04% while it is estimated to increase by 8.44% in next year. EPS is likely to shrink at an annualized rate of 7.62% for next 5-years, compared to annual growth of 7.66% 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.
