Restaurant Brands International Inc. (NYSE:QSR) Given Average Rating of “Moderate Buy” by Analysts

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) has been given an average recommendation of “Moderate Buy” by the twenty-eight ratings firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and eighteen have assigned a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $83.56.

Several research analysts have commented on the stock. BMO Capital Markets boosted their price objective on shares of Restaurant Brands International from $85.00 to $90.00 and gave the company an “outperform” rating in a research report on Wednesday, February 14th. Guggenheim raised their price target on shares of Restaurant Brands International from $70.00 to $74.00 and gave the company a “neutral” rating in a research note on Wednesday, February 14th. Royal Bank of Canada decreased their price objective on Restaurant Brands International from $91.00 to $90.00 and set an “outperform” rating for the company in a report on Wednesday, February 14th. JPMorgan Chase & Co. increased their price objective on shares of Restaurant Brands International from $78.00 to $82.00 and gave the stock an “overweight” rating in a research report on Friday, February 16th. Finally, TD Cowen restated a “buy” rating and set a $84.00 price objective on shares of Restaurant Brands International in a report on Tuesday, April 30th.

Insider Buying and Selling

In related news, CFO Matthew Dunnigan sold 14,565 shares of the business’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $76.26, for a total transaction of $1,110,726.90. Following the completion of the transaction, the chief financial officer now owns 55,863 shares of the company’s stock, valued at $4,260,112.38. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In other news, CFO Matthew Dunnigan sold 14,565 shares of Restaurant Brands International stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $76.26, for a total transaction of $1,110,726.90. Following the completion of the sale, the chief financial officer now directly owns 55,863 shares of the company’s stock, valued at approximately $4,260,112.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jill Granat sold 80,332 shares of Restaurant Brands International stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $76.20, for a total value of $6,121,298.40. Following the sale, the insider now directly owns 410,759 shares of the company’s stock, valued at approximately $31,299,835.80. The disclosure for this sale can be found here. In the last quarter, insiders have sold 380,200 shares of company stock valued at $28,828,182. Corporate insiders own 1.25% of the company’s stock.

Institutional Investors Weigh In On Restaurant Brands International

A number of large investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC lifted its position in shares of Restaurant Brands International by 223.3% in the 3rd quarter. SG Americas Securities LLC now owns 5,696 shares of the restaurant operator’s stock worth $379,000 after purchasing an additional 3,934 shares during the period. DAVENPORT & Co LLC lifted its stake in shares of Restaurant Brands International by 48.0% in the 3rd quarter. DAVENPORT & Co LLC now owns 8,248 shares of the restaurant operator’s stock valued at $550,000 after purchasing an additional 2,676 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of Restaurant Brands International by 4.9% during the third quarter. Commonwealth Equity Services LLC now owns 28,569 shares of the restaurant operator’s stock valued at $1,903,000 after purchasing an additional 1,338 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in Restaurant Brands International by 4.7% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 15,548 shares of the restaurant operator’s stock worth $1,036,000 after purchasing an additional 693 shares during the period. Finally, Stratos Wealth Partners LTD. lifted its position in Restaurant Brands International by 16.1% during the third quarter. Stratos Wealth Partners LTD. now owns 6,329 shares of the restaurant operator’s stock valued at $422,000 after buying an additional 878 shares during the period. Institutional investors own 82.29% of the company’s stock.

Restaurant Brands International Stock Performance

NYSE QSR opened at $75.33 on Tuesday. The company has a quick ratio of 1.00, a current ratio of 1.08 and a debt-to-equity ratio of 2.72. Restaurant Brands International has a 12-month low of $61.77 and a 12-month high of $83.29. The firm has a 50-day moving average price of $76.54 and a two-hundred day moving average price of $74.80. The company has a market capitalization of $23.83 billion, a P/E ratio of 19.41, a P/E/G ratio of 2.30 and a beta of 0.92.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last issued its quarterly earnings results on Tuesday, April 30th. The restaurant operator reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.01. The business had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.70 billion. Restaurant Brands International had a return on equity of 31.12% and a net margin of 17.17%. The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.75 earnings per share. Analysts anticipate that Restaurant Brands International will post 3.37 earnings per share for the current year.

Restaurant Brands International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 5th. Stockholders of record on Friday, June 21st will be issued a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a dividend yield of 3.08%. The ex-dividend date of this dividend is Friday, June 21st. Restaurant Brands International’s payout ratio is currently 59.79%.

Restaurant Brands International Company Profile

Restaurant Brands International Inc operates as a quick-service restaurant company in Canada, the United States, 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 other food products.