Stocks of McDonald’s Corp (NYSE:MCD) traded higher last session on Wall Street, up 0.93% to $306.78.
MCD stock price is now 0.61% away from the 50-day moving average and 5.51% away from the 200-day moving average. The market capitalization of the company currently stands at $219.37B.
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With the price target enhanced from $335 to $340, KeyBanc Capital Markets maintained Overweight rating for McDonald’s Corp (NYSE: MCD). On January 10, 2025, Citigroup Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $311 to quote $334, while ‘Robert W. Baird’ rates the stock as ‘Neutral’
In other news, Erlinger Joseph M., President, McDonald’s USA sold 939 shares of the company’s stock on Mar 24 ’25. The stock was sold for $287,616 at an average price of $306.30. Upon completion of the transaction, the President, McDonald’s USA now directly owns 13,039 shares in the company, valued at $4.0 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 24 ’25, Officer JOSEPH ERLINGER bought 939 shares of the business’s stock. A total of $286,808 was incurred on buying the stock at an average price of $305.44. A total of 0.03% of the company’s stock is owned by insiders.
During the past 12 months, McDonald’s Corp has had a low of $243.53 and a high of $326.32.
The company reported revenue of $6.39 billion for the quarter, compared to $6.41 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.28 percent.
