Restaurant Brands International Inc. (NYSE:QSR) finished Friday with a subtraction of -$0.39 to close at $67.89, a downside of -0.57 percent. An average of 1,227,480 shares of common stock have been traded in the last five days. There was a fall of -$0.80 in the past week, and it reached a new high 29 times over the past 12 months. The last 20 days have seen an average of 1,302,735 shares traded, while the 50-day average volume stands at 1,125,948.
QSR stock has decreased by -11.47% in the last month. The company shares reached their 1-month lowest point of $67.85 on 08/25/23. With the stock rallying to its 52-week high on 07/19/23, shares of the company touched a low of $51.26 and a high of $78.30 in 52 weeks. It has reached a new high 28 times so far this year and achieved 4.98% or $3.22 in price. In spite of this, the price is down -13.30% from the 52-week high.
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Insider Transactions
QSR stock investors should be aware that Restaurant Brands International Inc. (QSR) stock had its last reported insider trading activity 99 days ago on May 19. In this transaction, the insider spent $3,294,450. Brand Pres., Popeyes, Americas, Siddiqui Sami A., disposed of 15,000 shares at a price of $72.40 on May 08. The insider now owns more than $1,086,000 worth of shares. Prior to that, Director Hedayat Ali went on to Sale 7,772 shares at $72.54 each on May 08. An amount of $563,781 was transacted.
Valuation Metrics
Restaurant Brands International Inc. (QSR) has a trailing price-to-earnings (P/E) ratio of 20.74. The stock’s beta is 1.01. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.24, the price-to-book (PB) ratio at 7.42, and the price-to-cash flow ratio at 18.49.
Financial Health
The quick ratio of Restaurant Brands International Inc. for the three months ended June 29 was 1.00, and the current ratio was 1.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 4.60 and a total debt to equity ratio of 4.64 for the quarter ending June 29. Restaurant Brands International Inc.’s EBITDA margin for the year ending June 29 is 34.11%, while its operating margin for the same period stands at 28.10%. Its gross profit as reported stood at $3.67 billion compared to revenue of $6.5 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 4.50%.
Earnings Surprise
For the three-month period that ended June 29, Restaurant Brands International Inc. had $12.8 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 $241.0 million in the quarter, while revenues were grew 2.07%. The analyst consensus anticipated Restaurant Brands International Inc.’s latest quarter earnings to come in at $0.77 per share, but it turned out to be $0.85, a 10.40% surprise. For the quarter, EBITDA amounted to $599.0 million. Shareholders own equity worth $312.28 million.
Technical Picture
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 25 August was 21.48%, suggesting the stock is oversold, with historical volatility in this time frame at 14.88%.
As of today, QSR’s price is $68.83 -1.16% or -$0.80 from its 5-day moving average. QSR is currently trading -11.73% lower than its 20-day SMA and +0.62% higher than its 100-day SMA. However, the stock’s current price level is -10.94% below the SMA50 and +12.44% above the SMA200.
The stochastic %K and %D were 4.64% and 7.24%, respectively, and the average true range (ATR) was 1.13. With the 14-day stochastic at 0.45% and the average true range at 1.16, the RSI (14) stands at 24.81%. The stock has reached -0.75 on the 9-day MACD Oscillator while the 14-day reading was at -2.16.
Analyst Ratings
Northcoast upgraded Restaurant Brands International Inc. (NYSE: QSR) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for Restaurant Brands International Inc. (QSR) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell QSR, while 13 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 15 others rate it as a “buy”.
What is QSR’s price target for the next 12 months?
Analysts predict a range of price targets between $70.00 and $90.00, with a median target of $82.00. Taking a look at these predictions, the average price target given by analysts for Restaurant Brands International Inc. (QSR) stock is $81.63.
