How to Buy Mcdonalds Stock
Mcdonalds Corp
Mcdonalds is a restaurant company located in Illinois, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker MCD on the NYSE exchange.
Mcdonalds stock last closed at $270.66, down 0.24% from the previous day, and has decreased 8.53% in one year. It has underperformed other stocks in the Restaurants industry by 0.39 percentage points. Mcdonalds stock is currently +10.15% from its 52-week low of $245.73, and -10.49% from its 52-week high of $302.39.
As of May 14, 2024, there are 720.68M shares of MCD outstanding. The market cap of MCD is $195.06B. In the past 24 hours, 2.9M MCD shares were traded.
How to Buy Mcdonalds Stock
Not sure how to invest in Mcdonalds stock? Here's how.
- Decide where to buy Mcdonalds stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Mcdonalds stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your payment method and add your details.
- Analyze Mcdonalds stock: The Mcdonalds ticker symbol is MCD. Is Mcdonalds stock a good investment? Should you buy shares of MCD? How do MCD's underlying business fundamentals look? Do top analysts think Mcdonalds is a good buy? Why has MCD's stock price moved recently? (Hint: Our stock analysis website can help you decide if MCD is a good stock to buy).
- Place your MCD trade: Decide if you will purchase MCD shares at the current market price or use a limit order to purchase MCD stock at a given price.
- Get the latest scoop on your MCD investment: Create a watchlist to the latest updates on your new investment in Mcdonalds shares.
Step 1: Decide where to buy Mcdonalds stock
You will need an online brokerage account in order to access the NYSE market and buy MCD stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal information so you can buy MCD stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to create your new brokerage account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've created your account on apps for stocks, you need to deposit funds:
Check out the walkthrough below to see the process of depositing money into your new brokerage account.
Step 4: Analyze Mcdonalds stock
Once you have decided on the best place to buy Mcdonalds stock, it's critical to analyze their stock before you buy, so you actually wrap your head around the risk and upside.
Mcdonalds Metrics
MCD Overview
WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on MCD's stock page.
Is MCD stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge MCD's fair value.
Using relative valuations methods:
- MCD could be undervalued based on its P/E ratio of 22.86x, relative to Restaurants industry P/E ratio of 41.34x
- MCD may be overvalued based on its PEG ratio of 4.39x
You can access additional valuation research on MCD's stock here.
How do MCD Financials look?
Signs that MCD is financially healthy:
- MCD profit margin has gone up from 29.4% to 33.4% in the past year.
- MCD earnings of $12.07B is not sufficient to cover its interest payments.
Signs that MCD is not financially healthy:
- There are more short-term liabilities than short-term assets on the MCD balance sheet.
- There are more long-term liabilities than short-term assets on the MCD balance sheet.
- Total MCD debt is still negative.
- MCD's operating cash flow of $9.58B allows it to safely service it's debt of $50.88B.
- MCD debt to equity ratio of -12.07 is negative.
Is it a good time to buy Mcdonalds stock, according to analysts?
Out of 19 Equities analysts who track MCD, the consensus analyst rating on Mcdonalds is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest MCD Analyst Forecasts
Nick Setyan, a top 10% analyst from Wedbush maintains MCD with a buy rating and lowers their MCD price target from $300.00 to $295.00, on May 1, 2024.
David Tarantino, a top 5% analyst from Baird maintains MCD with a buy rating and lowers their MCD price target from $305.00 to $300.00, on May 1, 2024.
Baird's David Tarantino lowered their price target on Mcdonalds (NYSE: MCD) by 1.6% from $305 to $300 on 2024/05/01. The analyst maintained their Buy rating on the stock.
Though results came in "near expectations," management guided a soft Q2 and lowered FY 2024 comps, leading to a reduction in Baird's FY 2024 to 2025 EPS estimates, Tarantino said to explain their price target cut following the 2024/04/30 release of Mcdonalds' Q1 2024 earnings.
Earnings Report
For Q1 2024, McDonald’s reported:
- EPS of $2.70, which missed the Zacks Consensus Estimate of $2.71 but beat Q1 2023’s $2.63 by 2.7%.
- Revenue of $6.17B, which was in line with the Zacks Consensus Estimate and beat Q1 2023’s $5.9B by 4.6%.
Management did not provide guidance in the press release or earnings call.
CEO Chris Kempczinski commented: “Our global comparable sales growth in the first quarter marks 13 consecutive quarters of positive comparable sales growth with 30% growth over the last 4 years.
“As consumers are more discriminating with every dollar that they spend, we will continue to earn their visits by delivering leading, reliable, everyday value and outstanding execution in our restaurants.
“As we look to the rest of 2024 and beyond, we remain focused on leveraging the competitive advantages within our Accelerating the Arches plan and growing QSR market share to drive long-term growth.”
Andrew Charles, a top 4% analyst from TD Cowen reiterates MCD with a strong buy rating and maintains their MCD price target from $305.00 to $305.00, on May 1, 2024.
Jon Tower, a top 7% analyst from Citigroup maintains MCD with a hold rating and lowers their MCD price target from $312.00 to $297.00, on Apr 16, 2024.
John Glass, a top 21% analyst from Morgan Stanley maintains MCD with a strong buy rating and lowers their MCD price target from $327.00 to $320.00, on Apr 12, 2024.
You can dive deeper into what analysts are forecasting on the Mcdonalds stock forecast page.
MCD Trading Indicators
MCD Performance Metrics
Last year, MCD earnings were $8.60B. In the last five year, MCD's earnings have gone up by 9.21% per year. This was slower than the Restaurants industry average of 15.36%.
Last year, MCD revenue was $25.76B. During the last five year, MCD's revenue has grown by 4.03% per year. This was slower than the Restaurants industry average of 8.3%.
Dive into MCD's earnings and revenue performance here.
Latest Insiders Trades at MCD
Over the last 12 months, insiders at MCD have sold more shares than they have bought.
Jonathan Banner, EVP - Chief Impact Officer of MCD, was the latest MCD insider to sell. They sold $220,016.00 worth of MCD stock on May 10, 2024.
Research more about who owns MCD stock here.
Does MCD provide a stable income stream?
Mcdonalds pays a dividend of 2.36%, compared to the Restaurants industry's average dividend yield of 2.82%. If you owned $1,000 of MCD stock, you would have received $23.57 in the past 12 months.
Mcdonalds dividend payments have consistently grown over the past decade and have remained stable.
Dig into more data about Mcdonalds dividend yield and history here.
What do other traders have to say about MCD?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your MCD trade
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact price, place a limit order.
Hit the Open Trade button and your broker will execute the order.
If you need additional help with buying stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your MCD investment
Now that you own some shares in MCD, you'll want to stay up-to-date on your new investment.
Start a watchlist to get notified of the latest news about your MCD stock.
MCD Feed
How to Buy Stock in Mcdonalds
To reiterate, here are the 6 steps to buy Mcdonalds stock:
- Decide where to buy Mcdonalds stock
- Sign up for your brokerage account
- Deposit money your investment account
- Analyze Mcdonalds stock
- Place your MCD trade
- Get the latest scoop on your MCD investment
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get updates on your new investment in Mcdonalds, click the button below.
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