Daily Progress: Restaurant Brands International Inc (QSR) Gain 0.95, Closing at 71.27

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In the latest session, Restaurant Brands International Inc (NYSE: QSR) closed at $71.27 up 0.95% from its previous closing price of $70.60. In other words, the price has increased by $0.95 from its previous closing price. On the day, 0.88 million shares were traded. QSR stock price reached its highest trading level at $71.43 during the session, while it also had its lowest trading level at $70.56.

Ratios:

For a deeper understanding of Restaurant Brands International Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.21. For the most recent quarter (mrq), Quick Ratio is recorded 0.71 and its Current Ratio is at 0.78. In the meantime, Its Debt-to-Equity ratio is 5.20 whereas as Long-Term Debt/Eq ratio is at 4.94.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on June 13, 2024, initiated with a Buy rating and assigned the stock a target price of $80.

On November 30, 2023, Bernstein Upgraded its rating to Outperform which previously was Mkt Perform but kept the price unchanged to $85.

On October 19, 2023, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $75.Deutsche Bank initiated its Buy rating on October 19, 2023, with a $75 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 06 ’24 when Kobza Joshua sold 246,196 shares for $75.17 per share. The transaction valued at 18,507,758 led to the insider holds 595,764 shares of the business.

Hedayat Ali sold 8,537 shares of QSR for $638,141 on May 03 ’24. The Director now owns 22,881 shares after completing the transaction at $74.75 per share. On Feb 26 ’24, another insider, Granat Jill, who serves as the insider of the company, sold 80,332 shares for $76.20 each. As a result, the insider received 6,121,298 and left with 410,759 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QSR now has a Market Capitalization of 32159803392 and an Enterprise Value of 39285972992. As of this moment, Restaurant’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.83, and their Forward P/E ratio for the next fiscal year is 18.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.02 while its Price-to-Book (P/B) ratio in mrq is 7.36. Its current Enterprise Value per Revenue stands at 5.255 whereas that against EBITDA is 16.134.

Stock Price History:

Over the past 52 weeks, QSR has reached a high of $83.29, while it has fallen to a 52-week low of $61.77. The 50-Day Moving Average of the stock is 1.49%, while the 200-Day Moving Average is calculated to be -2.86%.

Shares Statistics:

For the past three months, QSR has traded an average of 1.79M shares per day and 2324930 over the past ten days. A total of 312.45M shares are outstanding, with a floating share count of 311.81M. Insiders hold about 1.65% of the company’s shares, while institutions hold 91.24% stake in the company. Shares short for QSR as of 1722384000 were 12736313 with a Short Ratio of 7.11, compared to 1719532800 on 13966373. Therefore, it implies a Short% of Shares Outstanding of 12736313 and a Short% of Float of 4.7199998.

Dividends & Splits

According to the company, the forward annual dividend rate for QSR is 2.26, from 2.26 in the trailing year. Against a Trailing Annual Dividend Yield of 0.032011334The stock’s 5-year Average Dividend Yield is 3.39.

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