Robert W. Baird lifts McDonald’s Corp [MCD] price estimate. Who else is bullish?

McDonald’s Corp [NYSE: MCD] gained 0.18% on the last trading session, reaching $296.63 price per share at the time.

If compared to the average trading volume of 3.43M shares, MCD reached a trading volume of 2038763 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying about McDonald’s Corp [MCD]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MCD shares is $324.11 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.

Robert W. Baird have made an estimate for McDonald’s Corp shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 23, 2024. While these analysts kept the previous recommendation, Guggenheim dropped their target price from $290 to $285. The new note on the price target was released on October 23, 2024, representing the official price target for McDonald’s Corp stock. Previously, the target price had yet another raise from $295 to $350, while Truist kept a Buy rating on MCD stock.

The Average True Range (ATR) for McDonald’s Corp is set at 4.95, with the Price to Sales ratio for MCD stock in the period of the last 12 months amounting to 8.20. Price to Free Cash Flow for MCD in the course of the last twelve months was 32.31 with Quick ratio for the last quarter at 0.77.

Trading performance analysis for MCD stock

McDonald’s Corp [MCD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.95. With this latest performance, MCD shares dropped by -0.68% in over the last four-week period, additionally plugging by 16.92% over the last 6 months – not to mention a rise of 1.79% 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 49.92, with the RSI for the last a single of trading hit 49.79, and the three-weeks RSI is set at 50.12 for McDonald’s Corp [MCD]. The present Moving Average for the last 50 days of trading for this stock 299.20, while it was recorded at 298.76 for the last single week of trading, and 279.65 for the last 200 days.

McDonald’s Corp [MCD]: A deeper dive into fundamental analysis

McDonald’s Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.77 and a Current Ratio set at 0.78.

McDonald’s Corp [MCD]: An earnings per share (EPS) analysis

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 Corp go to 5.39%.

An analysis of Institutional ownership at McDonald’s Corp [MCD]

There are presently around $73.19%, or 73.32%% of MCD stock, in the hands of institutional investors. The top three institutional holders of MCD stocks are: VANGUARD GROUP INC with ownership of 69.51 million shares, which is approximately 9.6295%. BLACKROCK INC., holding 50.18 million shares of the stock with an approximate value of $$12.79 billion in MCD stocks shares; and BLACKROCK INC., currently with $$8.82 billion in MCD stock with ownership which is approximately 4.7955%.