As of close of business last night, Restaurant Brands International Inc’s stock clocked out at $76.69, down -1.59% from its previous closing price of $77.93. In other words, the price has decreased by -$1.24 from its previous closing price. On the day, 2077373 shares were traded. QSR stock price reached its highest trading level at $78.00 during the session, while it also had its lowest trading level at $76.46.
Ratios:
To gain a deeper understanding of QSR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.78. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 24.50B and an Enterprise Value of 37.88B. As of this moment, Restaurant’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.38, and their Forward P/E ratio for the next fiscal year is 19.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.40 while its Price-to-Book (P/B) ratio in mrq is 8.36. Its current Enterprise Value per Revenue stands at 5.39 whereas that against EBITDA is 16.92.
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 78.20, while the 200-Day Moving Average is calculated to be 73.28.
Shares Statistics:
It appears that QSR traded 1.44M shares on average per day over the past three months and 1.26M shares per day over the past ten days. 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 86.19% stake in the company. Shares short for QSR as of Mar 15, 2024 were 7.73M with a Short Ratio of 5.36, 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
With its trailing 12-month dividend rate of 2.20, QSR has a forward annual dividend rate of 2.23. Against a Trailing Annual Dividend Yield of 2.82%, it implies a Forward Annual Dividend Yield of 2.93%. The stock’s 5-year Average Dividend Yield is 3.36.
Earnings Estimates
As of right now, 21 analysts gave their recommendation on the stock of the company. 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
In the current quarter, 16 analysts expect revenue to total $1.7B. 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 8.90% 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 $8.90% 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.
