MCD Stock Summary and Trading Ideas (McDonald's | NYSE:MCD)

McDonald's is the largest restaurant owner-operator in the world, with 2023 system sales of $130 billion across nearly than 42,000 stores and 115 markets. McDonald's pioneered the franchise model, building its footprint through partnerships with independent restaurant franchisees and master franchise partners around the globe. The firm earns roughly 60% of its revenue from franchise royalty fees and lease payments, with most of the remainder coming from company-operated stores across its three core segments: the United States, internationally operated markets, and international developmental/licensed markets.

McDonald's trades on the NYSE stock market under the symbol MCD.

As of November 6, 2024, MCD stock price declined to $294.00 with 4,261,166 million shares trading.

MCD has a beta of 0.36, meaning it tends to be less sensitive to market movements. MCD has a correlation of 0.05 to the broad based SPY ETF.

MCD has a market cap of $211.88 billion. This is considered a Mega Cap stock.

Last quarter McDonald's reported $7 billion in Revenue and $3.23 earnings per share. This beat revenue expectation by $53 million and exceeded earnings estimates by $.03.

In the last 3 years, MCD traded as high as $317.90 and as low as $217.68.

The top ETF exchange traded funds that MCD belongs to (by Net Assets): VTI, VOO, SPY, IVV, VUG.

MCD has underperformed the market in the last year with a price return of +12.2% while the SPY ETF gained +37.6%. MCD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +10.1% and -6.6%, respectively, while the SPY returned +14.6% and +1.3%, respectively.

MCD support price is $294.03 and resistance is $300.61 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MCD shares will trade within this expected range on the day.