Restaurant Brands International Inc. (NYSE:QSR) Given Average Rating of “Moderate Buy” by Analysts

Shares of Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) have received a consensus recommendation of “Moderate Buy” from the twenty-four analysts that are currently covering the company, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $84.00.

Several equities analysts have recently commented on QSR shares. Scotia lowered their price objective on Restaurant Brands International from $83.00 to $81.00 and set a “sector perform” rating on the stock in a research report on Friday, August 7th. Wells Fargo & Company increased their target price on Restaurant Brands International from $75.00 to $80.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Piper Sandler decreased their target price on Restaurant Brands International from $85.00 to $81.00 and set an “overweight” rating on the stock in a research note on Friday, August 7th. Royal Bank Of Canada set a $85.00 price target on Restaurant Brands International and gave the stock an “outperform” rating in a report on Tuesday, July 28th. Finally, Citigroup upped their price target on Restaurant Brands International from $78.00 to $80.00 and gave the stock a “neutral” rating in a research note on Tuesday.

Hedge Funds Weigh In On Restaurant Brands International

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Lloyd Advisory Services LLC. purchased a new position in Restaurant Brands International during the 4th quarter valued at approximately $25,000. Larson Financial Group LLC raised its holdings in shares of Restaurant Brands International by 1,922.2% during the 4th quarter. Larson Financial Group LLC now owns 364 shares of the restaurant operator’s stock worth $25,000 after acquiring an additional 346 shares in the last quarter. Groupe la Francaise purchased a new stake in shares of Restaurant Brands International during the 2nd quarter worth approximately $27,000. Western Wealth Management LLC bought a new position in shares of Restaurant Brands International during the 1st quarter valued at approximately $28,000. Finally, CoreCap Advisors LLC grew its holdings in shares of Restaurant Brands International by 304.3% in the second quarter. CoreCap Advisors LLC now owns 465 shares of the restaurant operator’s stock valued at $34,000 after purchasing an additional 350 shares in the last quarter. Institutional investors own 82.29% of the company’s stock.

Restaurant Brands International Trading Up 0.4%

NYSE:QSR opened at $78.17 on Friday. The company has a market cap of $27.30 billion, a PE ratio of 21.01, a price-to-earnings-growth ratio of 2.11 and a beta of 0.51. The company has a current ratio of 1.01, a quick ratio of 0.92 and a debt-to-equity ratio of 2.49. The company has a 50 day simple moving average of $75.28 and a two-hundred day simple moving average of $74.75. Restaurant Brands International has a 12 month low of $61.33 and a 12 month high of $81.96.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last announced its quarterly earnings data on Thursday, August 6th. The restaurant operator reported $1.07 EPS for the quarter, beating the consensus estimate of $1.04 by $0.03. Restaurant Brands International had a net margin of 13.12% and a return on equity of 33.43%. The firm had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same period last year, the firm earned $0.94 EPS. The company’s revenue was up 4.6% on a year-over-year basis. Research analysts forecast that Restaurant Brands International will post 4.03 earnings per share for the current year.

Restaurant Brands International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 18th will be given a dividend of $0.65 per share. The ex-dividend date is Friday, September 18th. This represents a $2.60 annualized dividend and a dividend yield of 3.3%. Restaurant Brands International’s dividend payout ratio (DPR) is presently 69.89%.

Restaurant Brands International Company Profile

Restaurant Brands International Inc (NYSE: QSR) is a global quick-service restaurant company formed through the combination of established brands. The company’s principal holdings include Burger King, Tim Hortons and Popeyes, each of which operates under its own brand identity and menu. Restaurant Brands International’s business is centered on developing and expanding these franchised restaurant systems, supporting franchisees with brand management, supply chain coordination, and marketing programs.

RBI’s restaurants offer a range of quick-service food and beverage products: Burger King is known for its flame-grilled hamburgers and sandwiches, Tim Hortons for coffee, baked goods and breakfast items, and Popeyes for Louisiana-style fried chicken and seafood.