Restaurant Brands International (TSE:QSR) Shares Pass Below 200-Day Moving Average – Should You Sell?

Restaurant Brands International Inc. (TSE:QSR – Get Free Report) (NYSE:QSR)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$101.94 and traded as low as C$99.65. Restaurant Brands International shares last traded at C$102.31, with a volume of 1,101,302 shares traded.

Restaurant Brands International Trading Down 1.9%

The business’s 50 day simple moving average is C$103.87 and its 200 day simple moving average is C$101.94. The company has a debt-to-equity ratio of 420.69, a current ratio of 0.99 and a quick ratio of 0.80. The company has a market capitalization of C$35.50 billion, a price-to-earnings ratio of 36.15, a price-to-earnings-growth ratio of 2.22 and a beta of 0.36.

Get Restaurant Brands International alerts:

Restaurant Brands International (TSE:QSR – Get Free Report) (NYSE:QSR) last announced its earnings results on Wednesday, May 6th. The company reported C$1.20 earnings per share for the quarter. The business had revenue of C$3.15 billion during the quarter. Restaurant Brands International had a net margin of 9.96% and a return on equity of 27.13%. Research analysts anticipate that Restaurant Brands International Inc. will post 7.3241225 EPS for the current year.

Restaurant Brands International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, July 7th were paid a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Tuesday, June 23rd. Restaurant Brands International’s dividend payout ratio (DPR) is 88.69%.

About Restaurant Brands International

(Get Free Report)

Restaurant Brands International is one of the largest restaurant companies in the world, with more than $35 billion in 2021 systemwide sales across a footprint that spans more than 28,000 restaurants and 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Horton’s supply chain operations. Formed in 2014 after 3G Capital’s acquisition of Tim Horton’s International, the Restaurant Brands portfolio now includes Burger King (19,250 units), Tim Horton’s (5,300 units), and Popeyes Louisiana Kitchen (3,700 units).

Further Reading

• Five stocks we like better than Restaurant Brands International
• Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
• 4 Oil and Gas ETF Plays as Prices Stay Sky-High
• What Tesla Stands to Lose If It Walks Away From China
• Disney Sets Up for a Magical Year in 2027

Receive News & Ratings for Restaurant Brands International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restaurant Brands International and related companies with MarketBeat.com's FREE daily email newsletter.