Restaurant Brands International (QSR) Expected to Announce Earnings on Wednesday

Restaurant Brands International (NYSE:QSR) (TSE:QSR) is expected to post its quarterly earnings results before the market opens on Wednesday, February 12th. Analysts expect Restaurant Brands International to post earnings of $1.10 per share and revenue of $2.29 billion for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Restaurant Brands International Stock Performance

Shares of QSR stock opened at $66.50 on Tuesday. The stock has a fifty day moving average price of $64.65 and a 200 day moving average price of $68.12. The company has a debt-to-equity ratio of 2.75, a quick ratio of 0.94 and a current ratio of 1.02. The stock has a market cap of $21.58 billion, a PE ratio of 16.67, a P/E/G ratio of 2.17 and a beta of 0.93. Restaurant Brands International has a 1 year low of $59.67 and a 1 year high of $83.29.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. TD Cowen cut their price target on Restaurant Brands International from $82.00 to $80.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. Argus cut their target price on shares of Restaurant Brands International from $85.00 to $80.00 and set a “buy” rating for the company in a research report on Thursday, November 7th. Wells Fargo & Company lowered their price target on shares of Restaurant Brands International from $72.00 to $69.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 8th. Royal Bank of Canada cut their price objective on Restaurant Brands International from $95.00 to $90.00 and set an “outperform” rating for the company in a research report on Wednesday, November 6th. Finally, KeyCorp lowered their target price on Restaurant Brands International from $80.00 to $78.00 and set an “overweight” rating on the stock in a report on Wednesday, November 6th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and sixteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $80.00.

Insider Transactions at Restaurant Brands International

In related news, insider Jill Granat sold 81,387 shares of the stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $69.37, for a total transaction of $5,645,816.19. Following the completion of the sale, the insider now owns 388,759 shares of the company’s stock, valued at approximately $26,968,211.83. This represents a 17.31 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Joshua Kobza sold 12,420 shares of Restaurant Brands International stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $64.20, for a total transaction of $797,364.00. Following the transaction, the chief executive officer now directly owns 703,445 shares in the company, valued at approximately $45,161,169. This trade represents a 1.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 113,510 shares of company stock worth $7,774,020 in the last ninety days. Insiders own 1.36% of the company’s stock.

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.