McDonald's Lags Industry P/E: Is the Stock a Bargain Buy or Red Flag?
MCDMcDonald's(MCD) ZACKS·2024-09-30 22:11

McDonald's Corporation (MCD) stock is trading below the Zacks Restaurant industry.  With a forward 12-month Price/Earnings ratio of 24.58x, it lies below the industry's average of 25.28x. Despite this, MCD is priced higher than the broader Retail-Wholesale sector, valued at 23.94x and the S&P 500, which averages 21.98x.Year to date, McDonald's shares have posted a modest 2.4% gain, trailing behind the restaurant industry's 4.6% growth and significantly underperforming the broader S&P 500's impressive 20.5% ...