McDonald's(US:MCD) Benzingaยท2025-04-30 18:54Core Viewpoint - McDonald's Corp is set to report its first-quarter earnings, with Wall Street expecting an EPS of $2.66 and revenues of $6.09 billion, indicating strong market anticipation for the results [1]. Group 1: Stock Performance - McDonald's stock has increased by 16.11% over the past year and 8.38% year-to-date, reflecting positive investor sentiment [1]. - The current stock price is $317.62, which is above the eight-day simple moving average (SMA) of $316.02, indicating near-term buying pressure [3]. - The stock remains above its 20-day, 50-day, and 200-day SMAs of $311.37, $308.90, and $294.77 respectively, suggesting continued bullish momentum over medium and long-term time frames [3]. Group 2: Technical Indicators - The Moving Average Convergence Divergence (MACD) indicator at 2.70 points to bullish momentum building, while the Relative Strength Index (RSI) of 57.21 indicates that the stock is in neutral territory, neither overbought nor oversold [4]. - The technical setup suggests a stable uptrend with potential for further upside [4]. Group 3: Analyst Ratings - The consensus analyst rating for McDonald's stock is currently a Buy, with a price target of $323.25, indicating a potential upside of 5.25% based on recent ratings from Barclays, Baird, and Citigroup [5]. - The average price target from analysts is $333.33, suggesting further growth potential for the stock [5].