Closing Figures Unveiled: McDonald’s Corp (MCD) Drop -5.12, Closes at 298.57

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McDonald’s Corp (NYSE: MCD) closed the day trading at $298.57 down -5.12% from the previous closing price of $314.69. In other words, the price has decreased by -$5.12 from its previous closing price. On the day, 18.74 million shares were traded. MCD stock price reached its highest trading level at $301.6 during the session, while it also had its lowest trading level at $290.83.

Ratios:

For a better understanding of MCD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 270.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.19. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.08.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Robert W. Baird on October 23, 2024, Downgraded its rating to Neutral and sets its target price to $290 from $320 previously.

On October 23, 2024, Guggenheim Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $290 to $285.

Truist reiterated its Buy rating for the stock on October 15, 2024, while the target price for the stock was revised from $295 to $350.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 23 ’24 when JOSEPH ERLINGER bought 1,099 shares for $314.69 per share.

Flatley Edith Morgan sold 2,346 shares of MCD for $727,260 on Oct 14 ’24. The EVP – Global CMO now owns 2,905 shares after completing the transaction at $310.00 per share. On Sep 27 ’24, another insider, CHRISTOPHER KEMPCZINSKI, who serves as the Director of the company, bought 9,291 shares for $303.65 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MCD now has a Market Capitalization of 214177103872 and an Enterprise Value of 265442181120. As of this moment, McDonald’s’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.13, and their Forward P/E ratio for the next fiscal year is 23.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.32. Its current Enterprise Value per Revenue stands at 10.305 whereas that against EBITDA is 19.276.

Stock Price History:

Over the past 52 weeks, MCD has reached a high of $317.90, while it has fallen to a 52-week low of $243.53. The 50-Day Moving Average of the stock is 0.66%, while the 200-Day Moving Average is calculated to be 6.91%.

Shares Statistics:

Over the past 3-months, MCD traded about 3.16M shares per day on average, while over the past 10 days, MCD traded about 4345620 shares per day. A total of 731.30M shares are outstanding, with a floating share count of 717.02M. Insiders hold about 0.04% of the company’s shares, while institutions hold 71.79% stake in the company. Shares short for MCD as of 1727654400 were 9815016 with a Short Ratio of 3.11, compared to 1724976000 on 10033251. Therefore, it implies a Short% of Shares Outstanding of 9815016 and a Short% of Float of 1.37.

Dividends & Splits

MCD’s forward annual dividend rate is 6.68, up from 6.53 a year ago. Against a Trailing Annual Dividend Yield of 0.02075058The stock’s 5-year Average Dividend Yield is 2.25.

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