McDonald’s Corporation (MCD) Is A Stock You Should Watch


As of Friday close, McDonald’s Corporation’s (NYSE:MCD) stock was down -$3.37, moving down -1.25 percent to $267.20. The average number of shares traded per day over the past five days has been 3,667,880 shares. 2 times new highs have been achieved over the past 5 days, with a $5.17 gain in that time frame. In the last twenty days, the average volume was 2,902,640, while in the previous 50 days, it was 2,824,392.

Since last month, MCD stock rose 0.24%. Shares of the company fell to $260.37 on 03/13/23, the lowest level in the past month. A 52-week high of $281.67 was reached on 01/17/23 after having rallying from a 52-week low of $228.34. Since the beginning of this year, MCD’s stock price has risen by 1.39% or $3.67, and marked a new high 5 times. However, the stock has declined by -5.14% since its 52-week high.

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MCD stock investors should be aware that McDonald’s Corporation (MCD) stock had its last reported insider trading activity 23 days ago on Feb 23. Kempczinski Christopher J, the President and CEO of the company, disposed of 3,850 shares for $267.69 on Feb 23. It resulted in a $1,030,606 divestment by the insider. Hoovel Catherine A. sold 2,876 shares at an average price of $270.00 on Feb 17. The insider now owns 1,184 shares following the transaction. On Feb 03, President, McDonald’s USA Erlinger Joseph M. sold 7,853 shares at $264.65 apiece. The transaction was valued at $2,078,296.

Valuation Metrics

The latest dividend of $1.52 per share was paid out, remained unchanged from last year’s $1.52. On Thursday October 13 2022, a $0.14 dividend increase was announced.

Financial Health

In the three months ended December 30, McDonald’s Corporation’s quick ratio stood at 1.40, while its current ratio was 1.40, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 57.00% percent. In the year ended December 30, operating margins totaled 38.10%. Based on annual data, MCD earned $13.21 billion in gross profit and brought in $23.18 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 24.00%. Return on equity (ROE) for the past 12 months was -99.10%.

In McDonald’s Corporation’s quarter-end financial report for December 30, it reported total debt of $35.9 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. MCD’s revenue fell -1.39% to $5.87 billion during the quarter, while net income inched up to $5.93 billion. While analysts expected McDonald’s Corporation to report $2.45 quarterly earnings, the actual figure was $2.59 per share, beating the consensus estimate by 5.70%. During the quarter, the company generated $3.05 billion in EBITDA. The liabilities of McDonald’s Corporation were 56.44 billion at the end of its most recent quarter ended December 30, and its total debt was $48.79 billion. The value of shareholders’ equity is $731.5 million.

Technical Picture

This quick technical analysis looks at McDonald’s Corporation’s (MCD) price momentum. With a historical volatility rate of 16.14%, the RSI 9-day stood at 52.73% on 17 March.

With respect to its five-day moving average, the current McDonald’s Corporation price is up by +1.97% percent or $5.17. At present, MCD shares trade +0.52% above its 20-day simple moving average and +4.97% percent above its 100-day simple moving average. However, the stock is currently trading approximately +1.06% above its SMA50 and +5.94% above its SMA200.

Stochastic coefficient K was 59.99% and Stochastic coefficient D was 51.22%, while ATR was 4.59. Given the Stochastic reading of 53.44% for the 14-day period, the RSI (14) reading has been calculated as 51.55%. As of today, the MACD Oscillator reading stands at 2.57, while the 14-day reading stands at 2.10.

Analyst Ratings

Wells Fargo launched its rating on McDonald’s Corporation (NYSE: MCD) to an Equal weight in a note to investors on January 24, 2023. McDonald’s Corporation (MCD) has been rated Overweight by analysts. According to 0 brokerage firms, MCD is a sell, and 10 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 5 analysts rate McDonald’s Corporation stock as buy, with 20 recommending it as overweight.

With a median target price of $295.00, the current consensus forecast for the stock is $262.00 – $328.00. Based on these forecasts, analysts predict McDonald’s Corporation (MCD) will achieve an average price target of $293.47.


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