Restaurant Brands International (TSE:QSR) Stock Rating Upgraded by Guggenheim

Restaurant Brands International (TSE:QSR) (NYSE:QSR) was upgraded by analysts at Guggenheim from a “hold” rating to a “strong-buy” rating in a report released on Friday,Zacks.com reports.

Restaurant Brands International Stock Performance

TSE QSR opened at C$89.05 on Friday. The business has a 50 day moving average price of C$94.02 and a 200 day moving average price of C$95.54. The company has a debt-to-equity ratio of 322.48, a current ratio of 0.78 and a quick ratio of 0.80. The company has a market capitalization of C$28.82 billion, a P/E ratio of 16.19, a PEG ratio of 2.22 and a beta of 0.95. Restaurant Brands International has a 1-year low of C$86.06 and a 1-year high of C$112.12.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last released its quarterly earnings results on Tuesday, November 5th. The company reported C$1.27 earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.29 by C($0.02). The firm had revenue of C$3.13 billion for the quarter, compared to analyst estimates of C$3.15 billion. Restaurant Brands International had a return on equity of 37.74% and a net margin of 16.99%. Sell-side analysts expect that Restaurant Brands International will post 7.3241225 EPS for the current fiscal year.

Insider Activity at Restaurant Brands International

In related news, Director Jonathan Domanko sold 446 shares of the business’s stock in a transaction dated Friday, December 20th. The shares were sold at an average price of C$95.62, for a total value of C$42,646.52. Also, Senior Officer Iv Curtis Thomas Benjamin sold 11,120 shares of the firm’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of C$96.22, for a total transaction of C$1,069,957.50. In the last 90 days, insiders have sold 66,735 shares of company stock valued at $6,459,478. 1.24% of the stock is owned by corporate insiders.

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.