What Analysts Were Expecting After McDonald’s Corp (NYSE: MCD) fell -0.45%

McDonald’s Corp (NYSE:MCD) shares, rose in value on Wednesday, January 22, with the stock price down by -0.45% to the previous day’s close as strong demand from buyers drove the stock to $281.35.

Actively observing the price movement in the last trading, the stock closed the session at $282.61, falling within a range of $280.405 and $283.4975. The value of beta (5-year monthly) was 0.735 whereas the PE ratio was 24.70 over 12-month period. Referring to stock’s 52-week performance, its high was $317.90, and the low was $243.53. On the whole, MCD has fluctuated by -3.28% over the past month.

With the market capitalization of McDonald’s Corp currently standing at about $201.62 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 6.78, with its dividend yield at 2.41%.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 26.04B, with a low estimate of 6.3B and a high estimate of 6.7B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 6.5B.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MCD’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.

The stock’s technical analysis shows that the PEG ratio is about 5.06, with the price of MCD currently trading nearly -2.24% and -3.78% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.02, while the 7-day volatility ratio is showing 1.42% which for the 30-day chart, stands at 1.47%. Furthermore, McDonald’s Corp (MCD)’s beta value is 0.74, and its average true range (ATR) is 4.59.

A comparison of McDonald’s Corp (MCD) with its peers suggests the former has fared considerably weaker in the market. MCD showed an intraday change of -0.45% in last session, and over the past year, it shrunk by -6.38%%.

Data on historical trading for McDonald’s Corp (NYSE:MCD) indicates that the trading volumes over the past 10 days have averaged 3.28 and over the past 3 months, they’ve averaged 3.68 million. According to company’s latest data on outstanding shares, there are 716.60 million shares outstanding.

Nearly 0.03% of McDonald’s Corp’s shares belong to company insiders and institutional investors own 72.70% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.44 million shares as on 2024-12-31, resulting in a short ratio of 3.17. According to the data, the short interest in McDonald’s Corp (MCD) stood at 132.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 9.97 million. The stock has fallen by -2.95% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MCD stock heading into the next quarter.

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