McDonald's Stock is Trading at a Discount: Is It Buy Time Yet?

McDonald's Corporation’s (MCD) current valuation is enticing for the investors to look into it. The stock is currently trading at a discount compared with the Retail-Restaurant industry peers. The company’s forward 12-month price-to-earnings (P/E) ratio is 24.51X, which is below the industry average of 27.05X and the broader Retail-Wholesale sector’s 24.95X.Image Source: Zacks Investment ResearchMcDonald's witnessed a setback due to the E. coli outbreak announced by the Centers for Disease Control and Preve ...