Restaurant Brands International (TSE:QSR - Get Free Report) NYSE: QSR was downgraded by stock analysts at Argus from a "strong-buy" rating to a "hold" rating in a research report issued to clients and investors on Friday,Zacks.com reports.
Separately, Scotiabank upgraded shares of Restaurant Brands International to a "hold" rating in a report on Wednesday, June 18th.
Read Our Latest Report on QSR
Restaurant Brands International Price Performance
Shares of QSR stock opened at C$90.25 on Friday. The firm's 50-day moving average is C$92.40 and its two-hundred day moving average is C$92.88. The company has a market capitalization of C$20.49 billion, a PE ratio of 18.10, a price-to-earnings-growth ratio of 2.22 and a beta of 0.95. Restaurant Brands International has a 12 month low of C$83.32 and a 12 month high of C$102.37. The company has a debt-to-equity ratio of 494.65, a current ratio of 1.02 and a quick ratio of 0.80.
Insiders Place Their Bets
In related news, Director Vicente Tome sold 3,115 shares of the stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of C$99.03, for a total value of C$308,474.71. Also, Senior Officer Jacqueline Friesner sold 70,000 shares of the stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of C$96.71, for a total transaction of C$6,769,728.00. Over the last three months, insiders have sold 75,615 shares of company stock valued at $7,325,533. Company insiders own 1.24% of the company's stock.
About Restaurant Brands International
(
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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.
See Also
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