Restaurant Brands International (TSE:QSR) Reaches New 12-Month Low – What’s Next?

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) hit a new 52-week low during trading on Tuesday . The company traded as low as C$86.46 and last traded at C$86.67, with a volume of 160467 shares trading hands. The stock had previously closed at C$87.71.

Restaurant Brands International Price Performance

The firm’s fifty day moving average price is C$95.44 and its 200-day moving average price is C$96.03. The stock has a market cap of C$28.08 billion, a P/E ratio of 15.77, a PEG ratio of 2.22 and a beta of 0.95. The company has a quick ratio of 0.80, a current ratio of 0.78 and a debt-to-equity ratio of 322.48.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last announced its quarterly earnings results on Tuesday, November 5th. The company reported C$1.27 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 during the quarter, compared to analysts’ expectations of C$3.15 billion. Analysts forecast that Restaurant Brands International Inc. will post 7.3241225 earnings per share for the current year.

Restaurant Brands International Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, January 3rd were given a dividend of $0.785 per share. This represents a $3.14 annualized dividend and a yield of 3.62%. The ex-dividend date of this dividend was Friday, December 20th. Restaurant Brands International’s dividend payout ratio is currently 57.09%.

Insider Buying and Selling at Restaurant Brands International

In other news, Director Joseph Patrick Doyle sold 42,052 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of C$96.16, for a total transaction of C$4,043,728.73. Also, Director Jonathan Domanko sold 446 shares of the firm’s stock in a transaction on Friday, December 20th. The shares were sold at an average price of C$95.62, for a total value of C$42,646.52. Over the last 90 days, insiders sold 66,735 shares of company stock valued at $6,459,478. 1.24% of the stock is currently owned by company 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.