Restaurant Brands International (TSE:QSR) Stock Price Crosses Above Fifty Day Moving Average – Should You Sell?

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$92.05 and traded as high as C$97.35. Restaurant Brands International shares last traded at C$96.92, with a volume of 470,741 shares changing hands.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on QSR shares. Northcoast Research cut shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a report on Friday, September 12th. Argus lowered Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. One investment analyst has rated the stock with a Strong Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Restaurant Brands International presently has an average rating of “Hold”.

Restaurant Brands International Stock Up 0.4%

The company has a current ratio of 1.02, a quick ratio of 0.80 and a debt-to-equity ratio of 494.65. The firm has a market cap of C$31.77 billion, a price-to-earnings ratio of 34.61, a PEG ratio of 2.22 and a beta of 0.30. The firm’s 50 day simple moving average is C$92.05 and its two-hundred day simple moving average is C$92.49.

Restaurant Brands International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 7th. Stockholders of record on Tuesday, October 7th were given a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Tuesday, September 23rd. Restaurant Brands International’s payout ratio is presently 87.14%.

Restaurant Brands International Company Profile

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.