McDonald’s Corporation (NYSE: MCD) is -6.74% lower on its value in year-to-date trading and has touched a low of $124.23 and a high of $221.93 in the current 52-week trading range. The MCD stock was last observed hovering at around $186.62 in the last trading session, with the day’s loss setting it -2.33% off its average median price target of $210.00 for the next 12 months. It is also 19.87% off the consensus price target high of $230.00 offered by 33 analysts, but current levels are -3.53% lower than the price target low of $178.00 for the same period.
Currently trading at $184.29, the stock is -3.43% and -0.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.11 million and changing -1.25% at the moment leaves the stock -5.33% off its SMA200. MCD registered -10.41% loss for a year compared to 6-month loss of -6.07%. The firm has a 50-day simple moving average (SMA 50) of $186.08 and a 200-day simple moving average (SMA200) of $191.16.
The stock witnessed a -0.30% gain in the last 1 month and extending the period to 3 months gives it a 13.08%, and is -3.41% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.09% over the week and 2.21% over the month.
McDonald’s Corporation (MCD) has around 205000 employees, a market worth around $139.18B and $20.84B in sales. Current P/E ratio is 24.14 and Fwd P/E is 23.11. Profit margin for the company is 27.90%. Distance from 52-week low is 48.35% and -16.96% from its 52-week high. The company has generated returns on investments over the last 12 months (27.40%).
McDonald’s Corporation (MCD) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for McDonald’s Corporation (MCD) is a “Overweight”. 33 analysts offering their recommendations for the stock have an average rating of 2.00, where 8 rate it as a Hold and 2 think it is a “Overweight”. 23 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
McDonald’s Corporation is expected to release its quarterly report on 07/23/2020 and quarterly earnings per share for the current quarter are estimated at $0.72 with sales reaching $3.6B over the same period.The EPS is expected to grow by 4.00% this year, but quarterly earnings will post -13.10% year-over-year. Quarterly sales are estimated to shrink -32.60% in year-over-year returns.
McDonald’s Corporation (MCD) Top Institutional Holders
2,762 institutions hold shares in McDonald’s Corporation (MCD), with 862.52k shares held by insiders accounting for 0.12% while institutional investors hold 68.87% of the company’s shares. The shares outstanding are 744.80M, and float is at 743.14M with Short Float at 1.02%. Institutions hold 68.79% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 69.42 million shares valued at $11.48 billion. The investor’s holdings represent 9.34% of the MCD Shares outstanding. As of Mar 30, 2020, the second largest holder is Blackrock Inc. with 53.12 million shares valued at $8.78 billion to account for 7.14% of the shares outstanding. The other top investors are State Street Corporation which holds 39.04 million shares representing 5.25% and valued at over $6.46 billion, while Wellington Management Company, LLP holds 4.04% of the shares totaling 30.04 million with a market value of $4.97 billion.
McDonald’s Corporation (MCD) Insider Activity
A total of 22 insider transactions have happened at McDonald’s Corporation (MCD) in the last six months, with sales accounting for 10 and purchases happening 12 times. The most recent transaction is an insider purchase by Engelbert Catherine M., the company’s Director. SEC filings show that Engelbert Catherine M. bought 1,000 shares of the company’s common stock on Feb 28 at a price of $192.13 per share for a total of $0.19 million. Following the purchase, the insider now owns 1000.0 shares.
McDonald’s Corporation disclosed in a document filed with the SEC on Feb 11 that Henry Daniel (EVP – Chief Info. Officer) sold a total of 3,035 shares of the company’s common stock. The trade occurred on Feb 11 and was made at $215.54 per share for $0.65 million. Following the transaction, the insider now directly holds 0.0 shares of the MCD stock.
Still, SEC filings show that on Jan 30, Hoovel Catherine A. (VP – Chief Acctg Officer) disposed off 2,555 shares at an average price of $214.00 for $0.55 million. The insider now directly holds 891 shares of McDonald’s Corporation (MCD).
McDonald’s Corporation (MCD): Who are the competitors?
The company’s main competitors (and peers) include Chipotle Mexican Grill Inc. (CMG) that is trading 42.92% up over the past 12 months. Short interest in the company’s stock has fallen -5.7% from the last report on Apr 29, 2020 to stand at a total of 7.98 million short shares sold with a short interest ratio of 1.83.