Restaurant Brands International (TSE:QSR) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

Shares of Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$105.53 and traded as high as C$107.66. Restaurant Brands International shares last traded at C$106.86, with a volume of 4,529,775 shares changing hands.

Wall Street Analyst Weigh In

Separately, Piper Sandler raised shares of Restaurant Brands International from a “hold” rating to an “overweight” rating and set a C$84.00 target price on the stock in a report on Sunday, March 1st. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of C$84.00.

Restaurant Brands International Trading Up 1.0%

The stock has a market cap of C$37.08 billion, a P/E ratio of 37.76, a PEG ratio of 2.22 and a beta of 0.39. The firm’s fifty day moving average price is C$105.53 and its two-hundred day moving average price is C$99.92. The company has a debt-to-equity ratio of 413.36, a current ratio of 0.99 and a quick ratio of 0.80.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last released its quarterly earnings results on Wednesday, May 6th. The company reported C$1.20 earnings per share for the quarter. The firm had revenue of C$3.15 billion for the quarter. Restaurant Brands International had a net margin of 9.96% and a return on equity of 27.13%. As a group, equities research analysts forecast that Restaurant Brands International Inc. will post 7.3241225 EPS for the current year.

Restaurant Brands International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Tuesday, July 7th will be issued a $0.65 dividend. The ex-dividend date of this dividend is Tuesday, June 23rd. This represents a $2.60 annualized dividend and a dividend yield of 2.4%. Restaurant Brands International’s dividend payout ratio is presently 88.69%.

Insider Transactions at Restaurant Brands International

In related news, insider Jeffrey Housman sold 20,000 shares of the company’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of C$100.29, for a total value of C$2,005,800.00. Following the completion of the transaction, the insider directly owned 162,080 shares in the company, valued at approximately C$16,255,003.20. The trade was a 10.98% decrease in their ownership of the stock. Company insiders own 1.24% of the company’s stock.

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. 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).