Restaurant Brands International Inc (QSR) Receives Average Rating of “Buy” from Analysts

Restaurant Brands International Inc (NYSE:QSR) (TSE:QSR) has been given an average recommendation of “Buy” by the twenty ratings firms that are currently covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $70.00.

A number of analysts have issued reports on QSR shares. Zacks Investment Research raised Restaurant Brands International from a “hold” rating to a “buy” rating and set a $72.00 price target on the stock in a research note on Friday, January 5th. UBS Group set a $74.00 price target on Restaurant Brands International and gave the stock a “buy” rating in a research note on Monday, October 16th. OTR Global raised Restaurant Brands International to a “positive” rating in a research note on Monday, October 16th. Citigroup raised their price target on Restaurant Brands International from $71.00 to $78.00 and gave the stock a “buy” rating in a research note on Monday, November 6th. Finally, Wells Fargo & Co lifted their price objective on Restaurant Brands International from $60.00 to $68.00 and gave the company a “market perform” rating in a research note on Friday, October 27th.

In other Restaurant Brands International news, Director Marc Caira sold 49,804 shares of Restaurant Brands International stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $65.62, for a total transaction of $3,268,138.48. Following the sale, the director now directly owns 124,643 shares in the company, valued at approximately $8,179,073.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Daniel S. Schwartz sold 708,582 shares of Restaurant Brands International stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $64.49, for a total value of $45,696,453.18. Following the sale, the chief executive officer now owns 886,272 shares in the company, valued at $57,155,681.28. The disclosure for this sale can be found here. Insiders have sold a total of 5,056,166 shares of company stock worth $327,220,722 over the last three months. 3.05% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently modified their holdings of the company. Krilogy Financial LLC increased its holdings in shares of Restaurant Brands International by 2,938.5% in the 3rd quarter. Krilogy Financial LLC now owns 1,975 shares of the restaurant operator’s stock valued at $126,000 after acquiring an additional 1,910 shares during the last quarter. BNP Paribas Arbitrage SA increased its holdings in shares of Restaurant Brands International by 10.2% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 2,165 shares of the restaurant operator’s stock valued at $135,000 after acquiring an additional 200 shares during the last quarter. Commonwealth Bank of Australia increased its holdings in shares of Restaurant Brands International by 9.0% in the 2nd quarter. Commonwealth Bank of Australia now owns 3,167 shares of the restaurant operator’s stock valued at $197,000 after acquiring an additional 261 shares during the last quarter. Enterprise Financial Services Corp increased its holdings in shares of Restaurant Brands International by 16,250.0% in the 3rd quarter. Enterprise Financial Services Corp now owns 3,270 shares of the restaurant operator’s stock valued at $209,000 after acquiring an additional 3,250 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in shares of Restaurant Brands International by 82.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,446 shares of the restaurant operator’s stock valued at $280,000 after acquiring an additional 1,560 shares during the last quarter. Institutional investors and hedge funds own 78.35% of the company’s stock.

Restaurant Brands International (NYSE:QSR) traded up $0.11 during trading on Friday, reaching $61.20. The company had a trading volume of 1,907,600 shares, compared to its average volume of 1,733,662. The stock has a market cap of $14,540.00, a PE ratio of 42.50, a PEG ratio of 1.39 and a beta of 1.68. Restaurant Brands International has a 1 year low of $47.75 and a 1 year high of $68.89. The company has a current ratio of 3.45, a quick ratio of 3.38 and a debt-to-equity ratio of 2.70.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last posted its quarterly earnings data on Thursday, October 26th. The restaurant operator reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.09. The firm had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Restaurant Brands International had a return on equity of 23.53% and a net margin of 12.40%. The firm’s quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.43 EPS. equities research analysts predict that Restaurant Brands International will post 2 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 3rd. Investors of record on Friday, December 15th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Thursday, December 14th. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a yield of 1.37%. Restaurant Brands International’s payout ratio is 58.33%.

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About Restaurant Brands International

Restaurant Brands International Inc is a quick service restaurant (QSR) company. The Company had over 20,000 restaurants in more than 100 countries and the United States territories, as of December 31, 2016. It operates through two segments: Tim Hortons (TH) and Burger King (BK). Tim Hortons restaurants are quick service restaurants with a menu that includes blend coffee, tea, espresso-based hot and cold specialty drinks, baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps and soups, among others.

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