The stock of Restaurant Brands International Inc. (NYSE:QSR) decreased by -$1.31 on Tuesday to finish at $68.54, down -1.88 percent. The last five days have seen an average of 2,156,080 shares of common stock traded. 28 times new highs were reached in the current year, with a gain of $3.87. The average number of shares traded over the last 20 days was 1,403,025, while the average volume over the last 50 days totaled 1,207,286.
QSR stock dropped -0.22% since last month. On 09/12/23, the company’s shares reached a one-month low of $66.19. The stock touched a high of $78.30 on 07/19/23, after rallying from a low of $51.26 in 52 weeks. The price of QSR stock has risen by 5.98% or $3.87 this year, reaching a new high 28 times. Still, the stock price is down -12.46% from the 52-week high.
Insider Transactions
QSR stock investors should be aware that Restaurant Brands International Inc. (QSR) stock had its last reported insider trading activity 124 days ago on May 19. On May 19, CFO Dunnigan Matthew sold 45,000 shares at $73.21 each. This transaction resulted in the insider making $3,294,450. On May 08, Siddiqui Sami A. sold 15,000 shares at a price of US$72.40. After the transaction, the insider now owns 116,634 shares. Director Hedayat Ali had earlier sold 7,772 shares on May 08 for $72.54 a share. The transaction was completed for $563,781.
Valuation Metrics
Restaurant Brands International Inc. (QSR) has a trailing price-to-earnings (P/E) ratio of 20.94. Beta for the stock is 1.00. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 3.25, the price-to-book (PB) ratio of 7.49, and the price-to-cash flow ratio of 18.55.
Company paid $0.55 per share in dividends, remained unchanged from $0.55 last year.
Financial Health
For the three months ended June 29, Restaurant Brands International Inc.’s quick ratio was 1.00, while its current ratio was 1.10, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 4.60, and the total debt to equity ratio is 4.64. As far as profitability goes, gross margin for the trailing twelve months is 64.70% percent. Restaurant Brands International Inc.’s EBITDA margin for the year ended June 29 was 34.11%, whereas its operating margin stood at 28.10% for the same period. Based on annual data, it had gross profit of $3.67 billion and revenue of $6.5 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. QSR’s return on assets (ROA) during the last 12 months has been 4.50%. There was a 12.80% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 39.80%.
Earnings Surprise
According to Restaurant Brands International Inc.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.77 billion, while revenues rose by 7.66% to $1.59 billion. It was predicted that Restaurant Brands International Inc.’s quarterly earnings would be $0.85, but it ended up being $0.77, beating the consensus by 10.40%. EBITDA was $599.0 million for the quarter. At the end of Restaurant Brands International Inc.’s most recent quarter ended June 29, its liabilities totaled 18.45 billion, while its total debt was $14.42 billion. Equity owned by shareholders amounts to $312.28 million.
Technical Picture
Here’s a quick look at Restaurant Brands International Inc.’s (QSR) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 48.56%, suggesting the stock is Neutral, with a 20.13% historical volatility rate.
The stochastic %K and %D were 61.27% and 58.16% respectively, while the average true range (ATR) was 1.38. Based on the 14-day stochastic reading of 51.42%, the RSI (14) reading is 45.34%. On the 9-day MACD Oscillator, the stock is at 0.95, and the 14-day reading is at 0.68.
Analyst Ratings
In its most recent analyst report, Northcoast raised its rating on Restaurant Brands International Inc. (NYSE: QSR) to a Buy. Prior to this, analysts firm rated the stock as a Neutral. Analysts have assigned Restaurant Brands International Inc. (QSR) an Overweight rating. QSR is a stock that is recommended for selling by 0 brokerage firms, while 13 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 1 rate it overweight and 15 others recommend it as a buy.
What is QSR’s price target for the next 12 months?
The current consensus forecast for the stock is between $70.00 and $90.00, with a median target price of $82.00. In analyzing these forecasts, the average price target given by analysts for Restaurant Brands International Inc. (QSR) is $81.63.
