Investors saw MCD stock price today touch $281.60, with volume trending below its 30-day average, signaling consolidation. The stock’s valuation at 24.5x forward earnings is consistent with historical QSR multiples in steady economic conditions. McDonald’s faced a challenging environment last year, contending with macro and industry-specific setbacks. Notably, inflation and tighter household budgets squeezed consumer spending, especially among low-income families. In a public statement, McDonald’s management noted they were “struggling to get low-income consumers back into stores despite expanding discounts” following a revenue slump. Meanwhile, in the United Kingdom, one of McDonald’s most significant international markets, customer traffic weakened, with management acknowledging that Britain was among its most “challenged” regions as lower-income Brits were switching to other fast food alternatives. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Trading updates show MCD stock price today at $282.
