Are Things Looking Up For McDonald’s Corp (NYSE: MCD)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted McDonald’s Corporation and Accenture Expand Partnership to Accelerate Technology Adoption and Reinvent Customer and Crew Experiences.

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Stocks Info

The company is listed on the NYSE and operates within the Restaurants industry segment. At the end of the last regular session, the stock closed at $294.36 and fluctuated between $294.48 as its day high and $291.31 as its day low. The current market capitalization of McDonald’s Corp is $213.51B. A total of 2.22 million shares were traded on the day, compared to an average of 3.08M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, MCD has seen 6 BUY and 6 SELL insider trades, representing the acquisition of 21,220 and the disposition of 23,880 shares. Over the last 12 months, there were 47 BUYs and 40 SELLs from insiders. Insiders purchased 158,127 shares during that period but sold 127,463.

In the most recent transaction, CAPOZZI HEIDI B sold 2,750 shares of MCD for 295.84 per share on Dec 29. After the transaction, the EVP – Chief People Officer now owns 15,207 company shares. In a previous transaction on Dec 22, Erlinger Joseph M. sold 4,583 shares at 290.70 per share. MCD shares that President, McDonald’s USA owns now total 8,187.

Among the insiders who sold shares, CAPOZZI HEIDI B disposed of 687 shares on Dec 01 at a per-share price of $283.25. This resulted in the EVP – Chief People Officer holding 17,957 shares of MCD after the transaction. In another insider transaction, Erlinger Joseph M. sold 4,487 shares at $281.25 per share on Nov 22. Company shares held by the President, McDonald’s USA now total 8,908.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. McDonald’s Corp pays an annual dividend of $6.22, resulting in a dividend yield of 2.11%, and it has a price to earnings (P/E) ratio of 25.93. MCD’s most recent ex-dividend date was 11/30/2023 when it declared a $1.67 quarterly dividend that was paid in cash on 12/15/2023. Previously, the company paid the dividend on 9/18/2023 with an ex-dividend date of 8/31/2023. The MCD stock dividend was $1.52 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for MCD in the last 3 months, the mean price target is $320.25 with high estimates of $383.00 and low estimates of $280.00. In terms of 52-week highs and lows, MCD has a high of $299.35 and a low of $245.73.

As of this writing, MCD has an earnings estimate of $2.82 per share for the current quarter. EPS was calculated based on a consensus of 29 estimates, with a high estimate of $3.05 per share and a lower estimate of $2.75. The company reported an EPS of $3.17 in the last quarter, which was 13.60% higher than expectations of $2.79.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MCD’s latest balance sheet shows that the firm has $4.71B in Cash & Short Term Investments as of fiscal 2021. There were $49.35B in debt and $4.02B in liabilities at the time. Its Book Value Per Share was -$6.69, while its Total Shareholder’s Equity was -$4.60B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MCD is Buy with a score of 4.37.

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