McDonald’s Corporation [NYSE: MCD] closed the trading session at $254.19 on 04/28/22. The day’s price range saw the stock hit a low of $248.08, while the highest price level was $256.38. The company report on April 28, 2022 that McDONALD’S REPORTS FIRST QUARTER 2022 RESULTS.
Global comparable sales increased nearly 12%.
Digital Systemwide sales* exceeded $5 billion, representing over 30% of total Systemwide sales in the Company’s top six markets.
The stocks have a year to date performance of -5.18 percent and weekly performance of -0.42 percent. The stock has been moved at 4.72 percent over the last six months. The stock has performed 2.43 percent around the most recent 30 days and changed 2.19 percent over the most recent 3-months.
If compared to the average trading volume of 3.26M shares, MCD reached to a volume of 3546332 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 $280.25 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 2.00. 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.
Citigroup have made an estimate for McDonald’s Corporation shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 12, 2022. The new note on the price target was released on March 10, 2022, representing the official price target for McDonald’s Corporation stock. Previously, the target price had yet another raise from $232 to $282, while Piper Sandler kept a Overweight rating on MCD stock. On December 30, 2021, analysts increased their price target for MCD shares from 275 to 300.
The Average True Range (ATR) for McDonald’s Corporation is set at 4.61, with the Price to Sales ratio for MCD stock in the period of the last 12 months amounting to 8.28. Price to Free Cash Flow for MCD in the course of the last twelve months was 60.41 with Quick ratio for the last quarter at 1.80.
MCD stock trade performance evaluation
McDonald’s Corporation [MCD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.42. With this latest performance, MCD shares gained by 2.43% in over the last four-week period, additionally plugging by 4.72% over the last 6 months – not to mention a rise of 8.07% 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 57.39, with the RSI for the last a single of trading hit 58.19, and the three-weeks RSI is set at 55.99 for McDonald’s Corporation [MCD]. The present Moving Average for the last 50 days of trading for this stock 243.84, while it was recorded at 250.59 for the last single week of trading, and 247.71 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 +42.09 and a Gross Margin at +53.87. McDonald’s Corporation’s Net Margin is presently recorded at +32.49.
McDonald’s Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.80 and a Current Ratio set at 1.80.
Earnings per share (EPS) analysis for McDonald’s Corporation [MCD] stock
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 12.37%.
McDonald’s Corporation [MCD]: Insider Ownership positions
There are presently around $129,137 million, or 70.00% of MCD stock, in the hands of institutional investors. The top three institutional holders of MCD stocks are: VANGUARD GROUP INC with ownership of 65,964,993, which is approximately 0.837% of the company’s market cap and around 0.05% of the total institutional ownership; BLACKROCK INC., holding 52,918,755 shares of the stock with an approximate value of $13.45 billion in MCD stocks shares; and STATE STREET CORP, currently with $9.4 billion in MCD stock with ownership of nearly 2.876% of the company’s market capitalization.
Positions in McDonald’s Corporation stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 1,410 institutional holders increased their position in McDonald’s Corporation [NYSE:MCD] by around 24,873,199 shares. Additionally, 1,079 investors decreased positions by around 24,706,491 shares, while 359 investors held positions by with 458,455,392 shares. The mentioned changes placed institutional holdings at 508,035,082 shares, according to the latest SEC report filing. MCD stock had 262 new institutional investments in for a total of 4,991,480 shares, while 115 institutional investors sold positions of 3,333,816 shares during the same period.