McDonald’s Corporation [NYSE: MCD] plunged by -$0.46 during the normal trading session on Friday and reaching a high of $225.1828 during the day while it closed the day at $222.44. The company report on January 28, 2021 that McDonald’s Reports Fourth Quarter And Full Year 2020 Results.
– McDonald’s delivered its strongest quarter of the year, recovering nearly 99% of fourth quarter 2019 global comparable sales.
– U.S. comparable sales were 5.5% in the fourth quarter and 0.4% for the year, marking 6 consecutive years of positive comparable sales.
McDonald’s Corporation stock has also gained 4.76% of its value over the past 7 days. However, MCD stock has inclined by 4.04% in the 3 months of the year. Over the past six months meanwhile, it has lost -0.06% and gained 3.66% year-on date.
The market cap for MCD stock reached $166.19 billion, with 745.20 million shares outstanding and 744.69 million shares in the current float. Compared to the average trading volume of 3.19M shares, MCD reached a trading volume of 7560407 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about McDonald’s Corporation [MCD]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MCD shares is $242.16 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MCD stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Deutsche Bank have made an estimate for McDonald’s Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 17, 2021. While these analysts kept the previous recommendation, Goldman raised their target price to Buy. The new note on the price target was released on January 19, 2021, representing the official price target for McDonald’s Corporation stock. Previously, the target price had yet another raise to $240, while Oppenheimer analysts kept a Outperform rating on MCD stock.
The Average True Range (ATR) for McDonald’s Corporation is set at 4.12, with the Price to Sales ratio for MCD stock in the period of the last 12 months amounting to 8.65. Price to Free Cash Flow for MCD in the course of the last twelve months was 190.69 with Quick ratio for the last quarter at 1.00.
MCD stock trade performance evaluation
McDonald’s Corporation [MCD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.76. With this latest performance, MCD shares gained by 3.25% in over the last four-week period, additionally sinking by -0.06% over the last 6 months – not to mention a rise of 48.79% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MCD stock in for the last two-week period is set at 64.98, with the RSI for the last a single of trading hit 69.49, and the three-weeks RSI is set at 61.50 for McDonald’s Corporation [MCD]. The present Moving Average for the last 50 days of trading for this stock 212.28, while it was recorded at 221.95 for the last single week of trading, and 209.51 for the last 200 days.
McDonald’s Corporation [MCD]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and McDonald’s Corporation [MCD] shares currently have an operating margin of +37.29 and a Gross Margin at +50.60. McDonald’s Corporation’s Net Margin is presently recorded at +24.63.
Return on Total Capital for MCD is now 17.26, given the latest momentum, and Return on Invested Capital for the company is 11.92. Additionally, MCD Total Debt to Total Capital is recorded at 117.93, with Total Debt to Total Assets ending up at 97.79.
Reflecting on the efficiency of the workforce at the company, McDonald’s Corporation [MCD] managed to generate an average of $23,653 per employee. Receivables Turnover for the company is 8.86 with a Total Asset Turnover recorded at a value of 0.38.McDonald’s Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.00.
Earnings per share (EPS) analysis for McDonald’s Corporation [MCD] stock
With the latest financial reports released by the company, McDonald’s Corporation posted 1.47/share EPS, while the average EPS was predicted by analysts to be reported at 1.57/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -6.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MCD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for McDonald’s Corporation go to 18.20%.
McDonald’s Corporation [MCD]: Insider Ownership positions
There are presently around $111,220 million, or 68.40% of MCD stock, in the hands of institutional investors. The top three institutional holders of MCD stocks are: VANGUARD GROUP INC with ownership of 64,935,787, which is approximately -0.756% of the company’s market cap and around 0.06% of the total institutional ownership; BLACKROCK INC., holding 50,747,763 shares of the stock with an approximate value of $11.29 billion in MCD stocks shares; and STATE STREET CORP, currently with $8.02 billion in MCD stock with ownership of nearly -5.512% of the company’s market capitalization.
Positions in McDonald’s Corporation stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 1,257 institutional holders increased their position in McDonald’s Corporation [NYSE:MCD] by around 20,101,274 shares. Additionally, 964 investors decreased positions by around 23,600,361 shares, while 323 investors held positions by with 456,298,459 shares. The mentioned changes placed institutional holdings at 500,000,094 shares, according to the latest SEC report filing. MCD stock had 269 new institutional investments in for a total of 2,098,839 shares, while 85 institutional investors sold positions of 2,411,616 shares during the same period.