Restaurant Brands International Inc. (TSE:QSR – Get Rating) (NYSE:QSR) Senior Officer Matthew Dunnigan sold 15,000 shares of the stock in a transaction dated Friday, September 16th. The shares were sold at an average price of C$76.07, for a total value of C$1,141,069.50. Following the transaction, the insider now directly owns 41,449 shares in the company, valued at approximately C$3,153,079.31.
Restaurant Brands International Stock Down 1.6 %
Shares of QSR stock opened at C$76.07 on Friday. Restaurant Brands International Inc. has a one year low of C$60.37 and a one year high of C$80.24. The company has a debt-to-equity ratio of 371.27, a current ratio of 0.89 and a quick ratio of 0.79. The stock has a fifty day moving average price of C$74.94 and a 200 day moving average price of C$71.02. The stock has a market cap of C$23.29 billion and a P/E ratio of 21.92.
Restaurant Brands International (TSE:QSR – Get Rating) (NYSE:QSR) last released its quarterly earnings data on Thursday, August 4th. The company reported C$1.05 EPS for the quarter, topping analysts’ consensus estimates of C$0.94 by C$0.11. The business had revenue of C$2.09 billion for the quarter, compared to the consensus estimate of C$2.03 billion. Analysts predict that Restaurant Brands International Inc. will post 4.0399999 earnings per share for the current year.
Restaurant Brands International Cuts Dividend
Analysts Set New Price Targets
Several equities analysts have commented on the company. Guggenheim reiterated a “hold” rating and set a C$55.00 price target on shares of Restaurant Brands International in a report on Thursday, May 26th. Morgan Stanley lowered their target price on shares of Restaurant Brands International to C$52.00 and set a “sell” rating on the stock in a research note on Monday, July 18th. Argus Capital upgraded shares of Restaurant Brands International to a “buy” rating and set a C$67.00 target price on the stock in a report on Tuesday, August 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a C$64.00 price target on shares of Restaurant Brands International in a report on Monday, July 11th. Finally, Argus reiterated a “buy” rating and issued a C$67.00 price objective on shares of Restaurant Brands International in a research note on Wednesday. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of C$68.03.
Restaurant Brands International Company Profile
Restaurant Brands International Inc operates as quick service restaurant company in Canada and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, and others.
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