Restaurant Brands International (TSE:QSR) Stock Passes Below 200 Day Moving Average of $100.51

Shares of Restaurant Brands International Inc. (TSE:QSR - Get Free Report) NYSE: QSR passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$100.51 and traded as low as C$95.44. Restaurant Brands International shares last traded at C$96.67, with a volume of 727,775 shares traded.

Analyst Upgrades and Downgrades

• EL Pollo Loco Is a Fire Grilled Franchise with a Growing Runway

Separately, The Goldman Sachs Group raised Restaurant Brands International to a "strong-buy" rating in a research report on Thursday, June 13th.

Get Our Latest Stock Report on Restaurant Brands International

Restaurant Brands International Stock Performance

• Restaurant Brands expands its Burger King franchise empire

The stock has a market cap of C$30.58 billion, a price-to-earnings ratio of 18.34, a P/E/G ratio of 2.22 and a beta of 0.93. The company's fifty day simple moving average is C$95.57 and its two-hundred day simple moving average is C$100.51. The company has a debt-to-equity ratio of 299.34, a current ratio of 1.08 and a quick ratio of 0.80.

Restaurant Brands International (TSE:QSR - Get Free Report) NYSE: QSR last announced its quarterly earnings results on Tuesday, April 30th. The company reported C$0.98 earnings per share for the quarter, missing the consensus estimate of C$0.99 by C($0.01). The business had revenue of C$2.34 billion during the quarter, compared to the consensus estimate of C$2.34 billion. Restaurant Brands International had a net margin of 17.17% and a return on equity of 38.68%. On average, analysts forecast that Restaurant Brands International Inc. will post 6.3747521 earnings per share for the current year.

Restaurant Brands International Increases Dividend

• Are Red Robin’s Sizzling Gains Overcooked or Just Starting?

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 5th. Shareholders of record on Friday, July 5th were issued a dividend of $0.784 per share. This represents a $3.14 dividend on an annualized basis and a yield of 3.24%. This is an increase from Restaurant Brands International's previous quarterly dividend of $0.78. The ex-dividend date of this dividend was Friday, June 21st. Restaurant Brands International's payout ratio is currently 60.15%.

Insider Activity

In other Restaurant Brands International news, Director Ali Hedayat sold 8,537 shares of the company's stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of C$102.20, for a total value of C$872,481.40. In other Restaurant Brands International news, Director Ali Hedayat sold 8,537 shares of the company's stock in a transaction on Friday, May 3rd. The stock was sold at an average price of C$102.20, for a total value of C$872,481.40. Also, Director Vicente Tome sold 1,990 shares of the firm's stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of C$74.78, for a total value of C$148,812.20. Insiders sold a total of 256,723 shares of company stock worth $19,527,847 over the last quarter. Insiders own 1.28% of the company's stock.

Restaurant Brands International Company Profile

Restaurant Brands International Inc operates as a quick-service restaurant company in Canada, the United States, and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, and other food products.

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