McDonald's stock forecast and price prediction

MCD stock price: $213.38 -0.07% At close on Jan 22nd, 2021

Updated on:
Jan 25th, 2021

2

McDonald's forecast brief

  • McDonald's closed last Friday at $213.38 after merely moving a -0.07%.
  • McDonald's is presenting its earnings report on Wednesday
  • McDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally. Its restaurants offer various food products and beverages, as well as breakfast menu.

McDonald's stock price forecast

Nobody can predict how much a share will be priced in the future. Banks and financial organisations publish their analysis forecasting how a stock will performance in the future.

The following table shows the price forecasts published by brokerage institutions in the last 30 days. Again, these targets are not direct recommendations for individual traders and should not be followed blindly.

Averaging all price targets exposed below, the forecasted price for McDonald's stock is $234.75. That is a 10.01% than the last price ($213.38).

McDonald's stock price predictions
Brokerage firmPrice target
Jan 4th, 2021
Smith Barney Citigroup $230.00
Wedbush Not available
Jan 7th, 2021
Oppenheimer $240.00
Stephens $225.00$232.00
Jan 19th, 2021
The Goldman Sachs Group $237.00

Analysts recommendations

In the last 30 days, 5 analyst ratings were published for McDonald's

McDonald's analysts' ratings - Last month
Brokerage firmRating
Jan 4th, 2021
Smith Barney Citigroup Neutral
Wedbush Buy
Jan 7th, 2021
Oppenheimer
Stephens
Jan 19th, 2021
The Goldman Sachs Group Strong buy

Earnings and financials

McDonald's ($MCD) is hosting the Q4 earnings call on Wednesday. Estimated for this quarter is $1.78, compared to $2.22 that was reported for Q3.

If you are a shareholder of McDonald's stock, you should double check your stop-loss, as earnings release day often has higher than usual volatility. You can probably obtain more information about the earnings call and the financial reports on the Investor Relations section of its website: http://corporate.mcdonalds.com.

McDonald's ($MCD) hosted the earnings event and released the report last November. McDonald's surpassed Wall St estimates and presented of $2.22, that is a 16.84% better than expected versus the previous estimates of $1.90. Nevertheless, reported sales of $5.4 billion were in line with analysts forecasts.

This compares to Earnings of $2.11 per share a year ago, so reported EPS means an increase of 5.21%. Looking at revenue, figures slightly moved compared to $54.3B same quarter last year.

McDonald's stock: buy or sell?

Is $MCD stock a buy?

McDonald's received 5 ratings in the last 30 days: 2 bullish, 0 bearish and 1 neutral.

In the current situation of McDonald's there is not any eligible buy setup. This doesn't mean $MCD will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Is it time to sell McDonald's stock?

Currently, McDonald's stock doesn't match any of our preferred sell setups, so if you hold McDonald's shares and your operation is in profit probably is not time to sell now

McDonald's stock price action predictions

SMAs overview

MCD stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $214.02 (0.30% above)
  • R2: $214.09 (0.33% above)
  • R3: $216.12 (1.28% above)
  • The current support levels are:

  • S1: $213.07 (-0.15% below)
  • S2: $212.14 (-0.58% below)
  • S3: $211.15 (-1.05% below)
  • Bollinger bands

    The distance between the upper and lower bands is 3.47%, which means that price volatility is low. The tightness of the Bollinger bands is often a signal of a sharp price movement (up or down), so we must be alert and manage our buy or sell orders correctly

    MCD stock Bollinger Bands chart

    Relative strength index

    The has been between the overbought and oversold zones for some weeks, and therefore, without this indicator really being helpful in making any decisions.

    MCD stock RSI chart

    McDonald's stock price history

    McDonald's went public on Mar 3rd, 1967 at $0.00 per share1. Since then, MCD stock surged by -, with an average of 0.00% per year. An investment of thousand dollars on the IPO would be valued $inf today.

    1: Adjusted price after possible price splits or reverse-splits

    MCD stock price history chart

    Important note:
    The comments given in this article are personal and should not be followed as recommendations for you to buy or sell shares. The author of this report does not have any knowledge of the individual scenarios of the reader, his or her finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are posted for education motives only

    McDonald's summary

    Friday, January 22nd, 2021
    Open$212.51
    Close$213.38
    Day range$211.17 - $214.14
    Previous close$213.53
    Session gain-0.07%
    Average true range$4.50
    50d mov avg$212.74
    100d mov avg$215.88
    200d mov avg$201.92
    Earnings dateJanuary 27th, 2021

    Frequently asked questions

    What is McDonald's stock symbol?

    McDonald's Corporation is a public company trading in the US stock market with the MCD symbol

    Will MCD go up?

    McDonald's had different price predictions issued by analysts in the last month forecasting the target price to $234.75. That is a 10.01% than the current price ($213.38).