Restaurant Brands International (TSE:QSR) Upgraded at Argus

Argus upgraded shares of Restaurant Brands International (TSE:QSR) (NYSE:QSR) from a hold rating to a strong-buy rating in a report issued on Tuesday morning,Zacks.com reports.

Separately, Northcoast Research cut Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 12th. Two equities research analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Restaurant Brands International presently has a consensus rating of “Moderate Buy”.

Restaurant Brands International Price Performance

Shares of Restaurant Brands International stock opened at C$100.36 on Tuesday. The company has a debt-to-equity ratio of 494.65, a quick ratio of 0.80 and a current ratio of 1.02. Restaurant Brands International has a 52-week low of C$83.32 and a 52-week high of C$102.75. The company has a fifty day moving average of C$95.65 and a 200-day moving average of C$93.14. The stock has a market capitalization of C$34.67 billion, a price-to-earnings ratio of 35.84, a price-to-earnings-growth ratio of 2.22 and a beta of 0.30.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last posted its quarterly earnings results on Thursday, October 30th. The company reported C$1.03 earnings per share for the quarter. Restaurant Brands International had a net margin of 16.02% and a return on equity of 41.85%. The business had revenue of C$3.41 billion during the quarter. Equities research analysts expect that Restaurant Brands International will post 7.3241225 EPS for the current year.

Restaurant Brands International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 7th. Investors of record on Tuesday, October 7th were issued a $0.62 dividend. The ex-dividend date was Tuesday, September 23rd. This represents a $2.48 annualized dividend and a yield of 2.5%. Restaurant Brands International’s payout ratio is 87.14%.

Restaurant Brands International Company Profile

Restaurant Brands International is one of the largest restaurant companies in the world, with more than $35 billion in 2021 systemwide sales across a footprint that spans more than 28,000 restaurants and 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Horton’s supply chain operations.