Restaurant Brands International Inc. (NYSE:QSR) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) has been given a consensus rating of “Moderate Buy” by the twenty-six research firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and seventeen have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $83.15.

QSR has been the subject of a number of research reports. Bank of America lifted their price objective on Restaurant Brands International from $76.00 to $77.00 and gave the company an “underperform” rating in a research report on Tuesday, October 22nd. Royal Bank of Canada boosted their price target on Restaurant Brands International from $90.00 to $95.00 and gave the stock an “outperform” rating in a research report on Thursday, September 12th. JPMorgan Chase & Co. boosted their price target on Restaurant Brands International from $80.00 to $84.00 and gave the stock an “overweight” rating in a research report on Monday, September 16th. Oppenheimer reduced their price target on Restaurant Brands International from $89.00 to $86.00 and set an “outperform” rating for the company in a research report on Tuesday, October 22nd. Finally, Stifel Nicolaus reduced their price target on Restaurant Brands International from $80.00 to $77.00 and set a “hold” rating for the company in a research report on Tuesday, August 13th.

Insider Activity

In other news, insider Axel Mr Schwan sold 36,000 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $70.44, for a total value of $2,535,840.00. Following the sale, the insider now directly owns 97,479 shares in the company, valued at approximately $6,866,420.76. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other news, insider Thomas Benjamin Curtis sold 6,536 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $68.63, for a total value of $448,565.68. Following the sale, the insider now directly owns 37,179 shares in the company, valued at approximately $2,551,594.77. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Axel Mr Schwan sold 36,000 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $70.44, for a total value of $2,535,840.00. Following the completion of the sale, the insider now owns 97,479 shares in the company, valued at approximately $6,866,420.76. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.36% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Mather Group LLC. acquired a new position in shares of Restaurant Brands International in the 1st quarter worth approximately $25,000. Crewe Advisors LLC acquired a new position in shares of Restaurant Brands International in the 1st quarter worth approximately $48,000. Dixon Mitchell Investment Counsel Inc. acquired a new position in shares of Restaurant Brands International in the 1st quarter worth approximately $59,000. BNP Paribas Financial Markets boosted its holdings in shares of Restaurant Brands International by 22.2% in the 1st quarter. BNP Paribas Financial Markets now owns 1,117 shares of the restaurant operator’s stock worth $89,000 after acquiring an additional 203 shares in the last quarter. Finally, Central Pacific Bank Trust Division acquired a new position in shares of Restaurant Brands International in the 1st quarter worth approximately $94,000. 82.29% of the stock is owned by institutional investors and hedge funds.

Restaurant Brands International Stock Performance

Shares of QSR stock opened at $70.54 on Tuesday. Restaurant Brands International has a 1-year low of $64.97 and a 1-year high of $83.29. The company has a current ratio of 0.78, a quick ratio of 0.71 and a debt-to-equity ratio of 2.71. The company has a market capitalization of $22.35 billion, a price-to-earnings ratio of 18.18, a P/E/G ratio of 2.12 and a beta of 0.94. The stock’s fifty day simple moving average is $70.38 and its 200-day simple moving average is $70.65.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its quarterly earnings data on Thursday, August 8th. The restaurant operator reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.01. The firm had revenue of $2.08 billion during the quarter, compared to analysts’ expectations of $2.05 billion. Restaurant Brands International had a return on equity of 30.78% and a net margin of 16.99%. On average, sell-side analysts predict that Restaurant Brands International will post 3.37 earnings per share for the current fiscal year.

Restaurant Brands International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 4th. Investors of record on Friday, September 20th were paid a dividend of $0.58 per share. The ex-dividend date of this dividend was Friday, September 20th. This represents a $2.32 annualized dividend and a yield of 3.29%. Restaurant Brands International’s dividend payout ratio is 59.79%.

Restaurant Brands International Company Profile

Restaurant Brands International Inc operates as a quick-service restaurant company in Canada, the United States, and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, and other food products.