Restaurant Brands International Inc. (NYSE:QSR) saw an upside of 0.39% to $74.84 after adding $0.29 on Tuesday. The 5-day average trading volume is 1,168,724 shares of the company’s common stock. It has gained $76.70 in the past week and touched a new high 2 times within the past 5 days. An average of 857,136 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,050,584.
QSR’s 1-month performance is -0.98% or -$0.59 on its low of $72.40 reached on 08/03/23. The company’s shares have touched a 52-week low of $51.26 and high of $78.30, with the stock’s rally to the 52-week high happening on 07/19/23. YTD, QSR has achieved 15.73% or $10.20 and has reached a new high 28 times. However, the current price is down -4.42% from the 52-week high price.
Insider Transactions
QSR stock investors last saw insider trading activity on May 19.Dunnigan Matthew (CFO) most recently sold 45,000 shares at $73.21 per share on May 19. This transaction cost the insider $3,294,450. Brand Pres., Popeyes, Americas, Siddiqui Sami A., sold 15,000 shares at a price of $72.40 on May 08. Then, on May 08, Director Hedayat Ali sold 7,772 shares at a price of $72.54 per share. This transaction amounted to $563,781.
Valuation Metrics
QSR stock has a beta of 1.00. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.48 while the price-to-book (PB) in the most recent quarter is 8.98, with the price to cash flow ratio at 85.52.
Restaurant Brands International Inc.’s quick ratio for the period ended March 30 was 0.90, with the current ratio over the same period at 1.00. As well, the company’s long term debt to equity for the quarter ending March 30 was 5.10, while the total debt to equity was 5.15. In terms of profitability, the gross margin trailing 12 months is 64.40%. The trailing 12-month EBITDA margin is 34.11% while for the period ending March 30, Restaurant Brands International Inc.’s operating margin was 28.50%. The firm’s gross profit as reported stood at $3.67 billion against revenue of $6.5 billion.
Earnings Surprise
For the quarterly period ending March 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 51.85% to $189.0 million, while revenue of $425.0 million was -124.87% off the previous quarter. Analysts expected QSR to announce $0.64 per share in earnings in its latest quarter, but it posted $0.75, representing a 17.20% surprise. EBITDA for the quarter stood at more than $493.0 million. QSR stock balance sheet for the quarter ending March 30 shows that total liabilities totaled 18.21 billion, with total debt at $14.42 billion. Shareholders hold equity totaling $311.25 million.
Let’s look briefly at Restaurant Brands International Inc. (QSR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 07 August was 44.35% to suggest the stock is trending Neutral, with historical volatility in this time period at 17.46%.
The stock’s 5-day moving average is $73.97, reflecting a -0.61% or -$0.46 change from its current price. QSR is currently trading -0.77% above its 20-day SMA, +21.29% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +3.37% and SMA200 by+34.22%.
Stochastic %K and %D was 32.72% and 20.84% and the average true range (ATR) pointed at 1.29. The RSI (14) points at 45.22%, while the 14-day stochastic is at 43.76% with the period’s ATR at 1.22. The stock’s 9-day MACD Oscillator is pointing at -0.75 and -1.47 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Restaurant Brands International Inc. (NYSE: QSR), Wells Fargo reiterated its an Equal weight rating for the company but lifted their price target by $75 to $76. Analysts offering their rating for QSR stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate QSR as a “sell,”, while 15 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 1 rates the stock as overweight while 13 have offered a “buy” rating.
What is QSR’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $63.00 and a high of $89.00, with their median price target at $80.10. Looking at these predictions, the average price target given by analysts is for Restaurant Brands International Inc. (QSR) stock is $78.89.
