McDonald’s Corporation (MCD) is an interesting player in the Services space, with a focus on Restaurants. The stock has been active on the tape, currently trading at $172.12, down from yesterday’s close by -0.57%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.Fundamental Analysis
McDonald’s Corporation (MCD) currently trades with a market capitalization of $140.21 Billion. That value represents a market adjusting for revenues that have been falling by -10.42 % on a quarterly year/year basis as of the company’s last quarterly report.
You can get a sense of how sustainable that is by a levered free cash flow of $3.38 Billion over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $1.58 on a per share basis this quarter. Perhaps, that suggests something about why 0.16% of the outstanding share supply is held by institutional investors.
It’s important to check the technicals to get a sense of how MCD has been acting. Looking at the stock’s movement on the chart, McDonald’s Corporation recorded a 52-week high of $175.78. It is now trading 3.66% off that level. The stock is trading $169.62 its 50-day moving average by -2.5%. The stock carved out a 52-week low down at $118.18.
In recent action, McDonald’s Corporation (MCD) has made a move of +0.09% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 19.03, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 0.88% with $809.20 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of MCD.