Shares of Restaurant Brands International Inc. (TSE:QSR – Get Free Report) (NYSE:QSR) crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of C$102.67 and traded as low as C$100.21. Restaurant Brands International shares last traded at C$102.31, with a volume of 1,264,880 shares.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on the stock. Argus downgraded shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 25th. Seaport Research Partners raised shares of Restaurant Brands International to a “strong-buy” rating in a research report on Tuesday, September 15th. Finally, Mizuho raised shares of Restaurant Brands International to a “strong-buy” rating in a research report on Tuesday, October 20th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of C$84.00.
Get Our Latest Report on Restaurant Brands International
Restaurant Brands International Price Performance
The firm has a market capitalization of C$35.53 billion, a PE ratio of 27.58, a PEG ratio of 2.22 and a beta of 0.34. The company has a debt-to-equity ratio of 406.52, a current ratio of 1.01 and a quick ratio of 0.80. The firm has a 50-day simple moving average of C$104.82 and a 200-day simple moving average of C$102.67.
Restaurant Brands International Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, October 2nd 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 Friday, September 18th. Restaurant Brands International’s dividend payout ratio is 68.46%.
Insider Activity
In related news, Director Vicente Tome sold 2,258 shares of the business’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of C$112.93, for a total transaction of C$254,995.94. Following the completion of the sale, the director directly owned 13,264 shares in the company, valued at approximately C$1,497,903.52. The trade was a 14.55% decrease in their ownership of the stock. Insiders own 1.24% of the company’s stock.
Restaurant Brands International Company Profile
Restaurant Brands International Inc is one of the world’s largest quick service restaurant companies with nearly $49 billion in annual system-wide sales and over 33,000 restaurants in more than 120 countries and territories. RBI owns four of the world’s most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®. These independently operated brands have been serving their respective guests, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI is improving sustainable outcomes related to its food, the planet, and people and communities.
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