Restaurant Brands International (TSE:QSR) Sets New 12-Month High – Should You Buy?

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$103.56 and last traded at C$102.62, with a volume of 3286027 shares traded. The stock had previously closed at C$102.03.

Analyst Ratings Changes

Several research firms recently issued reports on QSR. Piper Sandler upgraded Restaurant Brands International from a “hold” rating to an “overweight” rating and set a C$84.00 price target for the company in a research note on Sunday, March 1st. Argus upgraded shares of Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 2nd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$84.00.

Restaurant Brands International Price Performance

The company’s 50-day moving average is C$95.15 and its two-hundred day moving average is C$94.37. The firm has a market cap of C$35.56 billion, a P/E ratio of 43.69, a PEG ratio of 2.22 and a beta of 0.37. The company has a debt-to-equity ratio of 478.23, a current ratio of 0.98 and a quick ratio of 0.80.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last posted its quarterly earnings results on Thursday, February 12th. The company reported C$1.32 earnings per share (EPS) for the quarter. Restaurant Brands International had a net margin of 8.23% and a return on equity of 23.08%. The business had revenue of C$3.38 billion for the quarter. Sell-side analysts anticipate that Restaurant Brands International Inc. will post 7.3241225 EPS for the current fiscal year.

Restaurant Brands International Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Thursday, April 2nd will be issued a dividend of $0.65 per share. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.62. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $2.60 annualized dividend and a dividend yield of 2.5%. Restaurant Brands International’s dividend payout ratio (DPR) is 105.53%.

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. Formed in 2014 after 3G Capital’s acquisition of Tim Horton’s International, the Restaurant Brands portfolio now includes Burger King (19,250 units), Tim Horton’s (5,300 units), and Popeyes Louisiana Kitchen (3,700 units).