McDonalds – McDonald’s Corporation (MCD): The stock short term indicators suggest Sell today

How have the shares performed?

McDonald’s Corporation (MCD) saw downtrend of -2.28% in the recent trading with $206.14 being its most recent. The current price level -11.11% lower than the highest price of $231.91 marked by the stock while trading over the past 52-weeks, whereas it is 65.93% higher than the lowest price of $124.23 the company dropped to over past 52-weeks. The latest news story on MCD appeared in Yahoo Finance under the title “Arby’s gives fish sandwich a limited menu run, trolling its competition as fast-food wars heat up” on Feb-28-21.

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Squeezing the time span to 30 day period shows us the stock is currently trading -5.14% below one month high and is +1.49% above of the lowest during that time. Looking into the simple moving average, McDonald’s Corporation (MCD)’s stock stands at a SMA-50 of $212.10 while that of 5-day is reading $210.75.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and MCD’s SMA-200 as of now is $207.27.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 35 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.00 for the stock.

McDonald’s Corporation Earnings – What Happened With MCD

Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. McDonald’s Corporation (MCD) last released financial results for the quarter that ended 12/30/2020, posting a surprise factor of -4.50% for net revenue. During the reported three-month period, company’s sales were $5.31 billion while analysts on average were estimating the same to be $5.02 billion.

MCD – McDonald’s Corporation Stock Earnings Estimates

The perspective of McDonald’s Corporation (NYSE:MCD)’s current quarter earnings identifies that analysts are in consensus over the estimate of 1.78 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was 1.7.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 745.20 million. MCD does have institutional investors; and they hold 68.40% of the stock.

McDonald’s Corporation – Insider Activity and Holdings

Moreover, the latest SEC filings also revealed that stock came across 10 new insider purchases involving 19,042 shares. On the other hand, MCD declared 41,971 shares have been sold in 9 insider transactions over the past three months.

As on Dec 30, 2020, Vanguard Group, Inc. (The) was the top most holder in McDonald’s Corporation (NYSE:MCD) with an ownership of 64.94 million shares of the company or 8.71% of the stake worth $13.93 billion. The filing also reveals Blackrock Inc. as the second largest holder in the company with a control over 6.81% of the outstanding shares. Its stake is worth $10.89 billion for having 50.75 million shares in hand.

State Street Corporation also came holding a key position in the company during the recent quarter and it now holds 4.84% of the outstanding shares. With this there are now 2,879 institutions which have possession in MCD’s shares.

Currently, the stock has been recommended as Moderate Buy by 35 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.00 for the stock.

Technical Analysis of McDonald’s Corporation (NYSE:MCD) stock

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To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for McDonald’s Corporation (MCD), we notice that the stock’s 20-day average volume is at 3,127,325 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 3,140,276 shares. And to end, MCD’s 100-day average volume is 3,118,323 shares with 50% of the long-term indicators pointing towards Sell for the stock.