With 4.32 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.33 million shares. During the session, the Restaurants company that operates in wider Consumer Cyclical sector, reached to the highest price of $293.42 whereas the lowest price it dropped to was $285.81. The 52-week range on MCD shows that it touched its highest point at $317.90 and its lowest point at $243.53 during that stretch. It currently has a 1-year price target of $323.21. With its current market cap of 210.03 billion, MCD has annualized dividend of $6.78 while the current yield stands at 2.31%. MCD paid its most recent dividend on 1733097600, while the ex-dividend date for that was 1733097600. Beta for the stock currently stands at 0.73.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MCD was up-trending over the past week, with a rise of 4.32%, but this was up by 0.62% over a month. Three-month performance dropped to -1.84% while six-month performance rose 16.56%. The stock lost -2.45% in the past year, while it has gained 1.10% so far this year. A look at the trailing 12-month EPS for MCD yields 11.39 with Next year EPS estimates of 12.47. For the next quarter, that number is 2.87. This implies an EPS growth rate of -1.38% for this year and 5.93% for next year. EPS is expected to grow by 4.13% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 8.93%.
Float and Shares Shorts:
At present, 716.60 million MCD shares are outstanding with a float of 716.40 million shares on hand for trading. On 2024-12-31, short shares totaled 9.44 million, which was 132.00001 higher than short shares on 1732838400. In addition to Mr. Christopher J. Kempczinski as the firm’s Chairman & CEO, Mr. Ian Frederick Borden CPA serves as its Executive VP & Global CFO.
Institutional Ownership:
Through their ownership of 0.73227 of MCD’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, MCD reported revenue of $6874000000.0 and operating income of $3229000000.0. The EBITDA in the recently reported quarter was $3857000000.0 and diluted EPS was $3.13.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MCD since 31 analysts follow the stock currently. There are 26 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With MCD analysts setting a high price target of 360.0 and a low target of 280.0, the average target price over the next 12 months is 321.39386. Based on these targets, MCD could surge 22.83% to reach the target high and fall by -4.47% to reach the target low. Reaching the average price target will result in a growth of 9.66% from current levels.
Analysts have provided yearly estimates in a range of $12.04924 being high and $11.49698 being low. For MCD, this leads to a yearly average estimate of $11.77813. Based on analyst estimates, the high estimate for the next quarter is $2.9 and the low estimate is $2.61. The average estimate for the next quarter is thus $2.76.
