Restaurant Brands International Inc (NYSE: QSR) is -10.65% lower on its value in year-to-date trading and has touched a low of $65.87 and a high of $83.29 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The QSR stock was last observed hovering at around $69.10 in the last trading session, with the day’s gains setting it 0.71%.
Currently trading at $69.81, the stock is 1.26% and -0.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.98 million and changing 1.03% at the moment leaves the stock -3.02% off its SMA200. QSR registered 0.63% gain for a year compared to 6-month gain of 3.84%. The firm has a 50-day simple moving average (SMA 50) of $70.23 and a 200-day simple moving average (SMA200) of $72.019.
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The stock witnessed a -1.03% loss in the last 1 month and extending the period to 3 months gives it a 0.46%, and is 1.31% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.98% over the week and 1.80% over the month.
Restaurant Brands International Inc (QSR) has around 9000 employees, a market worth around $43.99B and $7.93B in sales. Current P/E ratio is 17.50 and Fwd P/E is 18.37. Profit margin for the company is 16.02%. Distance from 52-week low is 5.98% and -16.18% from its 52-week high. The company has generated returns on investments over the last 12 months (6.72%).
with sales reaching $2.3B over the same period.The EPS is expected to grow by 3.58% this year, but quarterly earnings will post 19.85% year-over-year. Quarterly sales are estimated to grow 26.49% in year-over-year returns.
Restaurant Brands International Inc (QSR) Top Institutional Holders
712.0 institutions hold shares in Restaurant Brands International Inc (QSR), with institutional investors hold 89.39% of the company’s shares. The shares outstanding are 323.71M, and float is at 318.41M with Short Float at 1.69%. Institutions hold 88.28% of the Float.
The top institutional shareholder in the company is CAPITAL WORLD INVESTORS with over 42.53 million shares valued at $2.99 billion. The investor’s holdings represent 13.5435% of the QSR Shares outstanding. As of 2024-06-30, the second largest holder is PERSHING SQUARE CAPITAL MANAGEMENT, L.P. with 23.14 million shares valued at $1.63 billion to account for 7.3702 of the shares outstanding. The other top investors are ROYAL BANK OF CANADA which holds 20.17 million shares representing 6.4222% and valued at over $1.42 billion, while CAPITAL RESEARCH GLOBAL INVESTORS holds 6.2467 of the shares totaling 19.61 million with a market value of $1.38 billion.
Restaurant Brands International Inc (QSR) Insider Activity
The most recent transaction is an insider sale by DOYLE J PATRICK, the company’s Executive Chairman. SEC filings show that DOYLE J PATRICK sold 42,052 shares of the company’s common stock on Nov 21 ’24 at a price of $69.18 per share for a total of $2.91 million. Following the sale, the insider now owns 0.13 million shares.
Restaurant Brands International Inc disclosed in a document filed with the SEC on Sep 03 ’24 that CURTIS THOMAS BENJAMINsold a total of 6,536 shares of the company’s common stock. The trade occurred on Sep 03 ’24 and was made at $68.63 per share for $0.45 million. Following the transaction, the insider now directly holds 37179.0 shares of the QSR stock.
Still, SEC filings show that on Aug 23 ’24, SCHWAN AXEL MR (Pres., Tim Hortons Americas) disposed off 36,000 shares at an average price of $70.44 for $2.54 million. The insider now directly holds 97,479 shares of Restaurant Brands International Inc (QSR).
