Several other brokerages have also recently commented on QSR. The stock now has an average rating of "Buy" and an average target price of C$81.25. BMO Capital Markets increased their price target on shares of Restaurant Brands International from $63.00 to $66.00 and gave the company an outperform rating in a research note on Thursday, August 3rd.
Traders are feeling more bearish on shares of the company if you take note of the uptick in short interest.
Restaurant Brands International Inc. has a consensus outperform rating from 18 Wall Street analysts, and the number of shares now sold short amount to at least 4.72% of shares outstanding. Five investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company.
04/10/2017 - Restaurant Brands International Inc. had its "buy" rating reiterated by analysts at Citigroup. (NYSE:QSR), we have noted the current number is 0.58. The stock, after opening at $64.96, hit $64.6 through the close by scoring -0.84%. Restaurant Brands International Inc has a 1-year low of $57.46 and a 1-year high of $88.36. The firm has a 50-day moving average of $65.10 and a 200-day moving average of $61.34. Geode Capital Management LLC raised its stake in shares of Restaurant Brands International by 50.6% in the first quarter.
Restaurant Brands International (NYSE:QSR) (TSE:QSR) last issued its quarterly earnings data on Thursday, October 26th.
Tracking the present quarter EPS consensus estimate for Restaurant Brands International Inc. Restaurant Brands International had a return on equity of 23.53% and a net margin of 12.40%. Its revenue totaled $1.47 billion up 3.25% from the previous quarter. 0 analysts call it Underweight, while 2 think it is Overweight. The firm's quarterly revenue was up 12.4% on a year-over-year basis. On average, equities research analysts expect that Restaurant Brands International will post $1.94 earnings per share for the current fiscal year.
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07/12/2017 - Instinet began new coverage on Restaurant Brands International Inc. giving the company a "buy" rating. This repurchase authorization authorizes the restaurant operator to buy up to 2.1% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued. Restaurant Brands International also recently announced a dividend for shareholders that will be paid on Wednesday January 3rd, 2018. Stockholders of record on Friday, December 15th will be paid a $0.21 dividend.
The Leverage Ratio of Restaurant Brands International Limited Partnership (TSX:QSP.UN) is 0.539287. The ex-dividend date is Thursday, December 14th. This represents a $0.84 annualized dividend and a dividend yield of 1.29%. The MF Rank of Restaurant Brands International Limited Partnership (TSX:QSP.UN) is 4429.
In other Restaurant Brands International news, Director Motta Roberto Moses Thompson purchased 22,000 shares of the business's stock in a transaction that occurred on Thursday, September 8th. Institutional investors own 76.24% of the company's stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Following the transaction, the executive vice president now owns 174,631 shares in the company, valued at $11,136,218.87. The disclosure for this purchase can be found here. Institutional investors and hedge funds own 73.74% of the company's stock. JPMorgan Chase & Co. boosted its position in Restaurant Brands International by 0.6% during the second quarter. Credit Agricole S A now owns 25,331 shares of the company's stock worth $983,000 after buying an additional 599 shares in the last quarter.
Turning to The Goldman Sachs Group, Inc. PNC Financial Services Group Inc. now owns 3,228 shares of the restaurant operator's stock valued at $179,000 after acquiring an additional 306 shares during the last quarter. Newbrook Capital Advisors LP boosted its position in Restaurant Brands International by 14.8% during the second quarter.
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