Restaurant Brands International Inc. (NYSE:QSR) finished Friday with a subtraction of -$0.32 to close at $64.67, a downside of -0.49 percent. An average of 646,420 shares of common stock have been traded in the last five days. There was a gain of $0.02 in the past week, and it reached a new high 11 times over the past 12 months. The last 20 days have seen an average of 1,213,250 shares traded, while the 50-day average volume stands at 1,733,632.
QSR stock has decreased by -2.53% in the last month. The company shares reached their 1-month lowest point of $64.02 on 12/20/22. With the stock rallying to its 52-week high on 11/22/22, shares of the company touched a low of $46.68 and a high of $68.54 in 52 weeks. It has reached a new high 12 times so far this year and achieved 6.58% or $3.99 in price. In spite of this, the price is down -5.65% from the 52-week high.
QSR stock investors should be aware that Restaurant Brands International Inc. (QSR) stock had its last reported insider trading activity 10 days ago on Dec 21. In this transaction, the insider spent $116,913. President, International, Shear David Chan, disposed of 169,478 shares at a price of $67.79 on Nov 22. The insider now owns more than $11,489,496 worth of shares. Prior to that, Brand Pres., Popeyes, Americas Siddiqui Sami A. went on to Sale 15,000 shares at $67.03 each on Nov 18. An amount of $1,005,450 was transacted.
Restaurant Brands International Inc. (QSR) has a trailing price-to-earnings (P/E) ratio of 21.02. The stock’s beta is 0.97. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.10, the price-to-book (PB) ratio at 8.55, and the price-to-cash flow ratio at 41.28.
The company has a payout ratio of 51.90%. The company’s most recent quarterly dividend payment was $0.54 a share, without any change from last year. Its latest increase dividend $0.01 reported on Tuesday February 15 2022.
The quick ratio of Restaurant Brands International Inc. for the three months ended June 29 was 0.90, and the current ratio was 1.00, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 5.69 and a total debt to equity ratio of 5.74 for the quarter ending June 29. Its gross profit as reported stood at $3.36 billion compared to revenue of $5.74 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Restaurant Brands International Inc.’s return on assets was 4.20%.
For the three-month period that ended June 29, Restaurant Brands International Inc. had $12.38 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $259.0 million in the quarter, while revenues were grew 59.07%. The analyst consensus anticipated Restaurant Brands International Inc.’s latest quarter earnings to come in at $0.73 per share, but it turned out to be $0.82, a 12.30% surprise. For the quarter, EBITDA amounted to $606.0 million. Shareholders own equity worth $305.9 million.
From a technical analysis perspective, let’s take a brief look at Restaurant Brands International Inc. (QSR) price momentum. RSI 9-day as of the close on 30 December was 43.08%, suggesting the stock is Neutral, with historical volatility in this time frame at 17.83%.
As of today, QSR’s price is $64.87 +0.03% or $0.02 from its 5-day moving average. QSR is currently trading -2.43% lower than its 20-day SMA and +9.15% higher than its 100-day SMA. However, the stock’s current price level is +15.94% above the SMA50 and +12.69% above the SMA200.
The stochastic %K and %D were 16.67% and 18.90%, respectively, and the average true range (ATR) was 1.14. With the 14-day stochastic at 14.84% and the average true range at 1.21, the RSI (14) stands at 48.20%. The stock has reached -0.19 on the 9-day MACD Oscillator while the 14-day reading was at -0.95.
Morgan Stanley upgraded Restaurant Brands International Inc. (NYSE: QSR) to a an Equal-weight rating in its most recent analyst report. Previously, the stock was rated as an Underweight.