Wells Fargo raised the price target for the McDonald’s Corporation (NYSE:MCD) stock to “an Overweight”. The rating was released on July 29, 2021. We previously noted in another research note published on July 29, 2021 by Wedbush that reiterated the stock to an Outperform with a price target of $270 for MCD stock. The research report from UBS has reiterated the stock to Buy, with a price target set at $270. The stock was reiterated by Stifel, who disclosed in a research note on July 29, 2021, to Hold and set the price objective to $245. In their research brief published July 29, 2021, Piper Sandler analysts reiterated the McDonald’s Corporation stock to Neutral with a price target of $232.
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The latest trade, Performances and Moving Averages give us the following Picture
The share price of McDonald’s Corporation (NYSE:MCD) dipped -0.79% to close Thursday’s market session at $236.95, lower as compared to yesterday’s close. The stock price fluctuated between $235.92 and $238.915 throughout the trading session with the volume trading being 2001789 shares, which represented a significant variation when compared to the three months average volume of 2.38 million shares. The firm’s stock price fluctuated -0.12% within the last five trades and -2.00% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 14.95% in the last 6 months and 0.89% was added to its value over the previous 3 months. MCD stock is trading at a margin of -0.49%, 0.27% and 5.63% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, MCD deals in the Consumer Cyclical domain. The stock is trading -4.09 percent below its 52-week high and 16.88 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 11.02. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does McDonald’s Corporation’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 44.30 percent and the profit margin is 31.70 percent, and the company has reported a gross margin of 53.20 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $176.02 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for McDonald’s Corporation (NYSE:MCD) is 25.81. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 23.99. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 8.09 that mirrors the cost to be found for sales by the market.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.05 percent of McDonald’s Corporation shares are owned by insiders, and 68.90 percent are held by financial institutions. OZAN KEVIN M, the EVP & CFO at McDonald’s Corporation (MCD) has sold 47,649 shares of firm on Jul 29 at a price of $243.90 against the total amount of $11.62 million. In another inside trade, Hoovel Catherine A., SVP – Corporate Controller of McDonald’s Corporation (NYSE:MCD) sold 2,493 shares of the firm on Jul 29 for a total worth of $0.61 million at a price of $243.45. An inside trade which took place on Nov 16, President, McDonald’s USA of McDonald’s Corporation Erlinger Joseph M. sold 7,377 shares of firm against total price of $1.59 million at the cost of $215.59 per share.