Restaurant Brands International Inc (NYSE: QSR) closed the day trading at $74.24 down -0.17% from the previous closing price of $74.37. In other words, the price has decreased by -$0.13 from its previous closing price. On the day, 1686972 shares were traded.
Ratios:
For a better understanding of QSR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.12. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 5.05 whereas as Long-Term Debt/Eq ratio is at 4.96.
On October 19, 2023, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $75.
Loop Capital Upgraded its Hold to Buy on September 29, 2023, whereas the target price for the stock was revised from $77 to $81.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 26 ’24 when Granat Jill sold 80,332 shares for $76.20 per share. The transaction valued at 6,121,298 led to the insider holds 410,759 shares of the business.
Fulton Duncan sold 32,500 shares of QSR for $2,484,300 on Feb 26 ’24. The Chief Corporate Officer now owns 25,386 shares after completing the transaction at $76.44 per share. On Feb 23 ’24, another insider, Housman Jeffrey, who serves as the insider of the company, sold 30,000 shares for $75.51 each. As a result, the insider received 2,265,300 and left with 61,579 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 23.20B and an Enterprise Value of 36.57B. As of this moment, Restaurant’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.73, and their Forward P/E ratio for the next fiscal year is 19.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.29 while its Price-to-Book (P/B) ratio in mrq is 8.09. Its current Enterprise Value per Revenue stands at 5.21 whereas that against EBITDA is 16.33.
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 78.04, while the 200-Day Moving Average is calculated to be 73.25.
Shares Statistics:
Over the past 3-months, QSR traded about 1.47M shares per day on average, while over the past 10 days, QSR traded about 1.33M shares per day. A total of 312.45M shares are outstanding, with a floating share count of 307.84M. Insiders hold about 1.10% of the company’s shares, while institutions hold 85.52% stake in the company. Shares short for QSR as of Mar 15, 2024 were 7.73M with a Short Ratio of 5.26, compared to 8.19M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.47% and a Short% of Float of 2.87%.
Dividends & Splits
QSR’s forward annual dividend rate is 2.23, up from 2.20 a year ago. Against a Trailing Annual Dividend Yield of 2.96%, it implies a Forward Annual Dividend Yield of 2.93%. The stock’s 5-year Average Dividend Yield is 3.36.
Earnings Estimates
Current recommendations for the stock of the company come from 21 analysts. On average, analysts expect EPS of $0.72 for the current quarter, with a high estimate of $0.78 and a low estimate of $0.67, while EPS last year was $0.75. The consensus estimate for the next quarter is $0.88, with high estimates of $0.93 and low estimates of $0.82.
Analysts are recommending an EPS of between $4.92 and $3.24 for the fiscal current year, implying an average EPS of $3.49. EPS for the following year is $3.94, with 25 analysts recommending between $4.5 and $3.63.
Revenue Estimates
16 analysts predict $1.7B in revenue for the current quarter. It ranges from a high estimate of $1.75B to a low estimate of $1.64B. As of the current estimate, Restaurant Brands International Inc’s year-ago sales were $1.56B, an estimated increase of 9.00% from the year-ago figure. For the next quarter, 16 analysts are estimating revenue of $2B, an increase of 12.80% over than the figure of $9.00% in the same quarter last year. There is a high estimate of $2.44B for the next quarter, whereas the lowest estimate is $1.84B.
A total of 23 analysts have provided revenue estimates for QSR’s current fiscal year. The highest revenue estimate was $8.64B, while the lowest revenue estimate was $7.28B, resulting in an average revenue estimate of $7.98B. In the same quarter a year ago, actual revenue was $7.02B, up 13.60% from the average estimate. Based on 23 analysts’ estimates, the company’s revenue will be $8.68B in the next fiscal year. The high estimate is $9.85B and the low estimate is $7.54B. The average revenue growth estimate for next year is up 8.80% from the average revenue estimate for this year.
