McDonald’s Corp (NYSE: MCD) is -8.72% lower on its value in year-to-date trading and has touched a low of $245.73 and a high of $302.39 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MCD stock was last observed hovering at around $271.32 in the last trading session, with the day’s loss setting it -0.66%.
Currently trading at $270.66, the stock is -0.50% and -2.25% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.02 million and changing -0.24% at the moment leaves the stock -3.28% off its SMA200. MCD registered -8.60% loss for a year compared to 6-month loss of 1.07%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 1.66% gain in the last 1 month and extending the period to 3 months gives it a -5.73%, and is 1.18% up 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 1.60% over the week and 1.64% over the month.
McDonald’s Corp (MCD) has around 150000 employees, a market worth around $195.15B and $25.76B in sales. Current P/E ratio is 22.99 and Fwd P/E is 20.37. Profit margin for the company is 33.36%. Distance from 52-week low is 10.15% and -10.49% from its 52-week high. The company has generated returns on investments over the last 12 months (19.20%).
The EPS is expected to grow by 2.28% this year.
McDonald’s Corp (MCD) Top Institutional Holders
The shares outstanding are 731.30M, and float is at 720.66M with Short Float at 1.12%.
McDonald’s Corp (MCD) Insider Activity
The most recent transaction is an insider sale by Banner Jonathan,the company’sEVP – Chief Impact Officer. SEC filings show that Banner Jonathan sold 800 shares of the company’s common stock on May 10 ’24 at a price of $275.02 per share for a total of $0.22 million. Following the sale, the insider now owns 19.0 shares.
McDonald’s Corp disclosed in a document filed with the SEC on Apr 23 ’24 that Erlinger Joseph M. (President, McDonald’s USA) sold a total of 1,098 shares of the company’s common stock. The trade occurred on Apr 23 ’24 and was made at $276.64 per share for $0.3 million. Following the transaction, the insider now directly holds 16977.0 shares of the MCD stock.
Still, SEC filings show that on Mar 22 ’24, Erlinger Joseph M. (President, McDonald’s USA) disposed off 1,099 shares at an average price of $284.38 for $0.31 million. The insider now directly holds 18,075 shares of McDonald’s Corp (MCD).
