Restaurant Brands International (NYSE:QSR) Stock Price Expected to Rise, Oppenheimer Analyst Says

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR had its price objective boosted by research analysts at Oppenheimer from $77.00 to $80.00 in a research report issued on Tuesday,Benzinga reports. The firm presently has an "outperform" rating on the restaurant operator's stock. Oppenheimer's target price points to a potential upside of 13.17% from the company's current price.

QSR has been the subject of several other reports. UBS Group lowered their price objective on shares of Restaurant Brands International from $90.00 to $85.00 and set a "buy" rating for the company in a research report on Monday, May 5th. Jefferies Financial Group dropped their price objective on Restaurant Brands International from $73.00 to $67.00 and set an "equal weight" rating on the stock in a research note on Thursday, January 30th. TD Securities restated a "hold" rating and set a $70.00 price objective on shares of Restaurant Brands International in a report on Tuesday, February 25th. CIBC lowered their target price on Restaurant Brands International from $78.00 to $77.00 and set an "outperformer" rating for the company in a report on Friday, May 9th. Finally, Barclays dropped their price target on Restaurant Brands International from $83.00 to $80.00 and set an "overweight" rating on the stock in a research report on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $75.78.

Restaurant Brands International Trading Down 1.5%

Restaurant Brands International stock traded down $1.11 during midday trading on Tuesday, reaching $70.69. The stock had a trading volume of 1,732,977 shares, compared to its average volume of 1,886,083. Restaurant Brands International has a 52-week low of $58.71 and a 52-week high of $75.07. The company has a quick ratio of 0.94, a current ratio of 1.02 and a debt-to-equity ratio of 2.75. The firm has a market cap of $23.16 billion, a price-to-earnings ratio of 22.23, a price-to-earnings-growth ratio of 1.77 and a beta of 0.60. The company has a fifty day moving average of $65.98 and a 200 day moving average of $65.82.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last released its earnings results on Thursday, May 8th. The restaurant operator reported $0.75 earnings per share for the quarter, missing analysts' consensus estimates of $0.78 by ($0.03). The business had revenue of $2.03 billion during the quarter, compared to analysts' expectations of $2.17 billion. Restaurant Brands International had a return on equity of 28.53% and a net margin of 12.15%. The business's revenue for the quarter was up 21.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.73 EPS. On average, analysts anticipate that Restaurant Brands International will post 3.72 earnings per share for the current fiscal year.

Insider Transactions at Restaurant Brands International

In other news, insider Jacqueline Friesner sold 70,000 shares of Restaurant Brands International stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $70.08, for a total transaction of $4,905,600.00. Following the completion of the transaction, the insider now owns 182,897 shares of the company's stock, valued at $12,817,421.76. The trade was a 27.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Sami A. Siddiqui sold 12,500 shares of the firm's stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $68.12, for a total transaction of $851,500.00. Following the transaction, the chief financial officer now owns 235,228 shares of the company's stock, valued at $16,023,731.36. This trade represents a 5.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.36% of the company's stock.

Institutional Investors Weigh In On Restaurant Brands International

A number of institutional investors have recently added to or reduced their stakes in the company. Bleakley Financial Group LLC boosted its position in shares of Restaurant Brands International by 5.4% in the fourth quarter. Bleakley Financial Group LLC now owns 3,137 shares of the restaurant operator's stock worth $204,000 after buying an additional 161 shares during the period. GeoWealth Management LLC boosted its holdings in Restaurant Brands International by 7.0% in the 4th quarter. GeoWealth Management LLC now owns 2,487 shares of the restaurant operator's stock worth $162,000 after acquiring an additional 163 shares during the period. Waterfront Wealth Inc. grew its position in Restaurant Brands International by 1.3% in the fourth quarter. Waterfront Wealth Inc. now owns 14,034 shares of the restaurant operator's stock valued at $915,000 after acquiring an additional 180 shares in the last quarter. Capital Analysts LLC raised its stake in shares of Restaurant Brands International by 24.3% during the fourth quarter. Capital Analysts LLC now owns 952 shares of the restaurant operator's stock valued at $62,000 after purchasing an additional 186 shares during the period. Finally, Dunhill Financial LLC lifted its position in shares of Restaurant Brands International by 100.0% during the fourth quarter. Dunhill Financial LLC now owns 400 shares of the restaurant operator's stock worth $26,000 after purchasing an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 82.29% 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.