Restaurant Brands International (TSE:QSR) Shares Cross Below Fifty Day Moving Average – Should You Sell?

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$96.88 and traded as low as C$93.28. Restaurant Brands International shares last traded at C$93.69, with a volume of 228,085 shares changing hands.

Restaurant Brands International Trading Up 0.6 %

The company has a debt-to-equity ratio of 322.48, a quick ratio of 0.80 and a current ratio of 0.78. The company’s 50-day moving average price is C$96.88 and its 200-day moving average price is C$96.23. The firm has a market capitalization of C$30.32 billion, a PE ratio of 17.03, a PEG ratio of 2.22 and a beta of 0.95.

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

Restaurant Brands International Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, January 3rd will be paid a $0.785 dividend. The ex-dividend date is Friday, December 20th. This represents a $3.14 annualized dividend and a yield of 3.35%. Restaurant Brands International’s dividend payout ratio is currently 57.09%.

Insider Transactions at Restaurant Brands International

In other news, Director Jonathan Domanko sold 446 shares of Restaurant Brands International stock in a transaction dated Friday, December 20th. The stock was sold at an average price of C$95.62, for a total transaction of C$42,646.52. Also, Director Vicente Tome sold 1,990 shares of the business’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of C$96.66, for a total value of C$192,345.44. In the last quarter, insiders sold 66,735 shares of company stock worth $6,459,478. 1.24% of the stock is currently owned by 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.