As of Wednesday close, Restaurant Brands International Inc.’s (NYSE:QSR) stock was down -$0.36, moving down -0.51 percent to $70.61. The average number of shares traded per day over the past five days has been 996,960 shares. 1 time new highs have been achieved over the past 5 days, with a -$2.68 fall in that time frame. In the last twenty days, the average volume was 1,037,920, while in the previous 50 days, it was 1,060,606.
Since last month, QSR stock retreated -9.22%. Shares of the company fell to $70.38 on 08/16/23, the lowest level in the past month. A 52-week high of $78.30 was reached on 07/19/23 after having rallying from a 52-week low of $51.26. Since the beginning of this year, QSR’s stock price has risen by 9.19% or $5.94, and marked a new high 28 times. However, the stock has declined by -9.82% since its 52-week high.
QSR stock investors should be aware that Restaurant Brands International Inc. (QSR) stock had its last reported insider trading activity 90 days ago on May 19. Dunnigan Matthew, the CFO of the company, disposed of 45,000 shares for $73.21 on May 19. It resulted in a $3,294,450 divestment by the insider. Siddiqui Sami A. sold 15,000 shares at an average price of $72.40 on May 08. The insider now owns 116,634 shares following the transaction. On May 08, Director Hedayat Ali sold 7,772 shares at $72.54 apiece. The transaction was valued at $563,781.
Valuation Metrics
Right now, Restaurant Brands International Inc. (QSR) has a P/E ratio of about 21.57. The stock’s beta is 1.00. Besides these, the trailing price-to-sales (P/S) ratio of 3.27, the price-to-book (PB) ratio of 7.72, and the price-to-cash flow ratio of 18.65 may also be considered.
The latest dividend of $0.55 per share was paid out, remained unchanged from last year’s $0.55.
Financial Health
In the three months ended June 29, Restaurant Brands International Inc.’s quick ratio stood at 1.00, while its current ratio was 1.10, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 4.60, and the total debt-to-equity ratio was 4.64. On the profitability front, the trailing twelve-month gross margin is 64.70% percent. In the year ended June 29, EBITDA margin amounted to 34.11%, whereas operating margins totaled 28.10%. Based on annual data, QSR earned $3.67 billion in gross profit and brought in $6.5 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 12.80%. Return on equity (ROE) for the past 12 months was 39.80%.
In Restaurant Brands International Inc.’s quarter-end financial report for June 29, it reported total debt of $12.8 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. QSR’s revenue rose 29.01% to $1.59 billion during the quarter, while net income inched up to $1.77 billion. While analysts expected Restaurant Brands International Inc. to report $0.77 quarterly earnings, the actual figure was $0.85 per share, beating the consensus estimate by 10.40%. During the quarter, the company generated $599.0 million in EBITDA. The liabilities of Restaurant Brands International Inc. were 18.45 billion at the end of its most recent quarter ended June 29, and its total debt was $14.42 billion. The value of shareholders’ equity is $312.28 million.
Technical Picture
This quick technical analysis looks at Restaurant Brands International Inc.’s (QSR) price momentum. With a historical volatility rate of 15.80%, the RSI 9-day stood at 19.58% on 16 August.
With respect to its five-day moving average, the current Restaurant Brands International Inc. price is down by -3.66% percent or -$2.68. At present, QSR shares trade -8.91% below its 20-day simple moving average and +12.94% percent above its 100-day simple moving average. However, the stock is currently trading approximately -6.19% below its SMA50 and +20.78% above its SMA200.
Stochastic coefficient K was 2.82% and Stochastic coefficient D was 6.32%, while ATR was 1.26. Given the Stochastic reading of 3.28% for the 14-day period, the RSI (14) reading has been calculated as 26.24%. As of today, the MACD Oscillator reading stands at -1.53, while the 14-day reading stands at -2.34.
Analyst Ratings
UBS reiterated its a Buy rating on Restaurant Brands International Inc. (NYSE: QSR) in a note to investors. The analysts firm has however raised their price target to $85, representing a possible 13.89% increase in the stock price. Restaurant Brands International Inc. (QSR) has been rated Overweight by analysts. According to 0 brokerage firms, QSR is a sell, and 14 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Restaurant Brands International Inc. stock as buy, with 13 recommending it as overweight.
With a median target price of $82.00, the current consensus forecast for the stock is $70.00 – $90.00. Based on these forecasts, analysts predict Restaurant Brands International Inc. (QSR) will achieve an average price target of $81.77.
