Restaurant Brands International's (QSR) "Hold (C+)" Rating Reiterated at Weiss Ratings

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR's stock had its "hold (c+)" rating reiterated by stock analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Several other brokerages also recently issued reports on QSR. Citigroup reduced their price target on shares of Restaurant Brands International from $76.00 to $72.00 and set a "neutral" rating on the stock in a research report on Friday, August 8th. Melius assumed coverage on shares of Restaurant Brands International in a research report on Monday, July 14th. They set a "buy" rating and a $90.00 price target on the stock. Northcoast Research downgraded shares of Restaurant Brands International from a "buy" rating to a "neutral" rating in a research report on Friday, September 12th. Piper Sandler cut their target price on shares of Restaurant Brands International from $72.00 to $70.00 and set a "neutral" rating on the stock in a research report on Friday, August 8th. Finally, Sanford C. Bernstein set a $78.00 target price on shares of Restaurant Brands International in a research report on Friday, August 8th. Eleven investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $75.13.

Restaurant Brands International Stock Up 0.1%

QSR opened at $67.30 on Wednesday. The firm's 50-day simple moving average is $64.75 and its 200-day simple moving average is $66.28. The firm has a market cap of $22.06 billion, a price-to-earnings ratio of 25.49, a PEG ratio of 2.90 and a beta of 0.65. The company has a debt-to-equity ratio of 2.69, a quick ratio of 0.95 and a current ratio of 1.01. Restaurant Brands International has a twelve month low of $58.71 and a twelve month high of $74.09.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last issued its quarterly earnings results on Thursday, August 7th. The restaurant operator reported $0.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($0.03). The company had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.33 billion. Restaurant Brands International had a return on equity of 29.54% and a net margin of 9.43%.The firm's quarterly revenue was up 15.9% on a year-over-year basis. During the same quarter last year, the company earned $0.86 EPS. Equities research analysts anticipate that Restaurant Brands International will post 3.72 EPS for the current fiscal year.

Institutional Trading of Restaurant Brands International

Large investors have recently bought and sold shares of the business. HM Payson & Co. bought a new stake in Restaurant Brands International during the 1st quarter worth approximately $26,000. Legend Financial Advisors Inc. bought a new stake in Restaurant Brands International during the 2nd quarter worth approximately $33,000. CX Institutional increased its stake in Restaurant Brands International by 928.0% during the 2nd quarter. CX Institutional now owns 514 shares of the restaurant operator's stock worth $34,000 after purchasing an additional 464 shares in the last quarter. Private Trust Co. NA increased its stake in Restaurant Brands International by 96.6% during the 1st quarter. Private Trust Co. NA now owns 519 shares of the restaurant operator's stock worth $35,000 after purchasing an additional 255 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in Restaurant Brands International by 91.2% during the 1st quarter. Smartleaf Asset Management LLC now owns 545 shares of the restaurant operator's stock worth $35,000 after purchasing an additional 260 shares in the last quarter. 82.29% of the stock is owned by institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.