Restaurant Brands International (TSE:QSR) Stock Passes Below 50 Day Moving Average – Time to Sell?

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$96.66 and traded as low as C$93.95. Restaurant Brands International shares last traded at C$94.13, with a volume of 531,529 shares changing hands.

Wall Street Analysts Forecast Growth

QSR has been the subject of a number of recent analyst reports. Northcoast Research cut shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 12th. Argus raised shares of Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 2nd. Two analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Restaurant Brands International Price Performance

The stock has a fifty day moving average of C$96.66 and a 200 day moving average of C$93.09. The stock has a market cap of C$32.52 billion, a price-to-earnings ratio of 33.62, a P/E/G ratio of 2.22 and a beta of 0.26. The company has a debt-to-equity ratio of 494.65, a current ratio of 1.02 and a quick ratio of 0.80.

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 (EPS) for the quarter. Restaurant Brands International had a net margin of 16.02% and a return on equity of 41.85%. The company had revenue of C$3.41 billion during the quarter. On average, analysts expect that Restaurant Brands International Inc. will post 7.3241225 EPS for the current fiscal year.

Restaurant Brands International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 6th. Investors of record on Tuesday, January 6th will be issued a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, December 23rd. Restaurant Brands International’s dividend payout ratio (DPR) is 87.14%.

About Restaurant Brands International

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. Formed in 2014 after 3G Capital’s acquisition of Tim Horton’s International, the Restaurant Brands portfolio now includes Burger King (19,250 units), Tim Horton’s (5,300 units), and Popeyes Louisiana Kitchen (3,700 units).