Restaurant Brands International Inc. (NYSE:QSR – Get Free Report) (TSE:QSR) has earned a consensus recommendation of “Moderate Buy” from the twenty-three ratings firms that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and fourteen have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $78.9524.
Several research analysts have issued reports on the company. BMO Capital Markets cut their price target on Restaurant Brands International from $83.00 to $81.00 and set an “outperform” rating on the stock in a report on Friday, February 13th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Restaurant Brands International in a report on Thursday, January 22nd. Stifel Nicolaus upgraded shares of Restaurant Brands International from a “hold” rating to a “buy” rating and boosted their price target for the company from $68.00 to $90.00 in a research note on Monday. Scotiabank lowered their price objective on shares of Restaurant Brands International from $74.00 to $71.00 and set a “sector perform” rating on the stock in a report on Friday, February 13th. Finally, Barclays reduced their price objective on shares of Restaurant Brands International from $86.00 to $82.00 and set an “overweight” rating for the company in a report on Friday, February 13th.
Insider Transactions at Restaurant Brands International
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in QSR. Lloyd Advisory Services LLC. bought a new stake in Restaurant Brands International in the 4th quarter worth about $25,000. Larson Financial Group LLC boosted its stake in shares of Restaurant Brands International by 1,922.2% in the 4th quarter. Larson Financial Group LLC now owns 364 shares of the restaurant operator’s stock worth $25,000 after buying an additional 346 shares during the last quarter. Steigerwald Gordon & Koch Inc. bought a new position in shares of Restaurant Brands International in the third quarter valued at approximately $29,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new stake in shares of Restaurant Brands International during the fourth quarter valued at approximately $29,000. Finally, Cary Street Partners Investment Advisory LLC purchased a new stake in shares of Restaurant Brands International during the second quarter valued at approximately $35,000. 82.29% of the stock is owned by institutional investors.
Restaurant Brands International Stock Up 2.9%
Restaurant Brands International stock opened at $73.45 on Friday. The company has a market capitalization of $25.45 billion, a PE ratio of 31.12, a PEG ratio of 2.03 and a beta of 0.56. Restaurant Brands International has a 12-month low of $58.71 and a 12-month high of $73.70. The firm’s fifty day moving average is $68.80 and its 200 day moving average is $67.71. The company has a quick ratio of 0.91, a current ratio of 0.98 and a debt-to-equity ratio of 2.62.
Restaurant Brands International (NYSE:QSR – Get Free Report) (TSE:QSR) last posted its quarterly earnings results on Thursday, February 12th. The restaurant operator reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.03. The firm had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.41 billion. Restaurant Brands International had a net margin of 8.23% and a return on equity of 32.51%. The business’s revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.81 earnings per share. As a group, sell-side analysts predict that Restaurant Brands International will post 3.72 EPS for the current fiscal year.
Restaurant Brands International Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Thursday, March 19th will be paid a dividend of $0.65 per share. This is an increase from Restaurant Brands International’s previous quarterly dividend of $0.62. The ex-dividend date is Thursday, March 19th. This represents a $2.60 dividend on an annualized basis and a yield of 3.5%. Restaurant Brands International’s dividend payout ratio (DPR) is presently 105.08%.
Restaurant Brands International Company Profile
Restaurant Brands International Inc (NYSE: QSR) is a global quick-service restaurant company formed through the combination of established brands. The company’s principal holdings include Burger King, Tim Hortons and Popeyes, each of which operates under its own brand identity and menu. Restaurant Brands International’s business is centered on developing and expanding these franchised restaurant systems, supporting franchisees with brand management, supply chain coordination, and marketing programs.
RBI’s restaurants offer a range of quick-service food and beverage products: Burger King is known for its flame-grilled hamburgers and sandwiches, Tim Hortons for coffee, baked goods and breakfast items, and Popeyes for Louisiana-style fried chicken and seafood.
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