McDonald's Corp
MCD: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$479.00 | Xvxx | Wgcttgxb |
McDonald's Earnings: Raising Our FVE on Resilient Consumer and Development Runway; Shares Expensive
We plan to raise our fair value estimate for wide-moat McDonald's by a high-single-digit percentage due to resilient comparable store sales and a near-term uptick in unit growth, but shares continue to look expensive even relative to our revised valuation.