Spotting A Winner: McDonald’s Corp (NYSE: MCD) Retreats -5.12 And It Still Have Room To Run

McDonald’s Corp (NYSE:MCD) currently has a daily average trading volume of 3.16M but it saw 18737198 shares traded in last market. With a market cap of 214.18B USD, the company’s current market price of $298.57 came falling about -5.12 while comparing to the previous closing price of $314.69. In past 52 weeks, the stock remained buoying in the range of price level as high as $317.90 and as low as $243.53. In the recent trading on the day, stock has struck highest price mark of $290.83 while lowest mark touched by it was $301.6.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Robert W. Baird which downgraded the stock as “Neutral” in its note to investors issued on October 23, 2024, recommending a price target of between $320 and $290 for it. Guggenheim downgraded its recommendation for the stock as a “Neutral” from “Buy” on October 23, 2024 while assigning a price target range of $290-$285. Truist issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $295 and $350.

Over the week, MCD’s stock price is moving -4.59% down while it is -0.57% when we observe its performance for the past one month. Year-to-date it is 0.69% up and over the past year, the stock is showing an upside performance of 17.20%.

Currently, McDonald’s Corp’s total number of outstanding shares is 731.30M. Company’s return on investment (ROI) stands at 17.86%. It has a price to earnings ratio (P/E ratio) of 26.13 while having a 23.40 of forward P/E ratio. Stock’s beta reads 0.73. Stock has a price to sale or P/S ratio amounts to 8.32. Its return on asset (ROA) is 15.94% on average.