In the latest trading session, McDonald's (MCD) closed at $282.61, marking a +0.59% move from the previous day.
Recently, Zacks.com users have been paying close attention to McDonald's (MCD). This makes it worthwhile to examine what the stock has in store.
MCD's focus on menu innovation, digital growth initiatives and operational efficiencies pave the way for future growth.
McDonald's (MCD -0.72%) is one of the biggest success stories in the foodservice industry in history, with nearly 42,000 locations operating around the world. It has also been a publicly traded company for quite some time, having gone public in April 1965 at $22.50 per share.
Shares of McDonald's Corp NYSE: MCD shares have had a bit of a mixed ride recently, capping off the final quarter of 2024 with all-time highs in October that were followed by a sharp drop into the new year. Currently trading 11% off those highs, the Chicago-based fast-food giant, boasting a market cap north of $200 billion, is still offering a lot for investors to be excited about.
McDonald's finds itself in a legal soup as a group opposing affirmative action challenges the company's long-standing scholarship program for Hispanic and Latino students. The American Alliance for Equal Rights, led by Edward Blum, filed the lawsuit in federal court in Nashville.
McDonald's (MCD) closed the most recent trading day at $283.63, moving +0.47% from the previous trading session.
McDonald's (MCD -1.60%), the world's largest fast-food chain, is often considered a reliable stock for long-term investors. But over the past 12 months, the stock has stayed nearly flat as the S&P 500 has advanced nearly 24%.
McDonald's (MCD -1.60%) is coming off a tough year in 2024. But that's really only part of the story for a stock that simply hasn't been a good buy for a while now.
McDonald's plans to shutter three locations of its spinoff brand, CosMc's, and open two more restaurants in Texas. The company said smaller locations work better for the test, which led to the decision.
Citigroup upgraded McDonald's (MCD) to buy from neutral and raised its price target on the stock. The firm believes the fast-food chain is poised for recovery through scale advantages that can drive profits higher.
McDonald's (NYSE: MCD), the world's largest restaurant chain, consisting of more than 41,000 mostly franchised stores in over 100 countries, stock has been almost flat (Jan.8) since the beginning of last year, 2024, compared to a 24% return of the S&P 500 over the same period. MCD's peer Restaurant Brands International Inc.(NYSE: QSR) stock fell 16% during the same period.