NYSE:MCDHospitality
McDonald's (MCD) Stock Looks Reasonable With Shares Near Fair Value
McDonald's stock has slipped this year but with shares at about US$267.71, the valuation checks send a more balanced message. The Discounted Cash Flow (DCF) intrinsic value estimate points to a roughly fair price, while traditional multiples still lean supportive.
Over the past 5 years, McDonald's has returned about 23.6%, which suggests the stock has already carried a reasonable chunk of long term gains into today's price.
Menu and marketing moves such as the new Caesar sauce range can...