Restaurant Brands International Inc (QSR) concluded trading on Thursday at a closing price of $71.93, with 3.36 million shares of worth about $241.53 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -6.39% during that period and on August 08, 2024 the price saw a gain of about 2.00%. Currently the company’s common shares owned by public are about 312.45M shares, out of which, 311.18M shares are available for trading.
Stock saw a price change of 3.14% in past 5 days and over the past one month there was a price change of 3.04%. Year-to-date (YTD), QSR shares are showing a performance of -7.94% which decreased to -3.18% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $61.77 but also hit the highest price of $83.29 during that period. The average intraday trading volume for Restaurant Brands International Inc shares is 1.79 million. The stock is currently trading 1.12% above its 20-day simple moving average (SMA20), while that difference is up 2.85% for SMA50 and it goes to -1.82% lower than SMA200.
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Restaurant Brands International Inc (NYSE: QSR) currently have 312.45M outstanding shares and institutions hold larger chunk of about 87.65% of that.
The stock has a current market capitalization of $22.76B and its 3Y-monthly beta is at 0.92. PE ratio of stock for trailing 12 months is 18.00, while it has posted earnings per share of $4.00 in the same period. Its PEG reads 1.93 and has Quick Ratio of 0.71 while making debt-to-equity ratio of 5.14. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for QSR, volatility over the week remained 4.05% while standing at 2.75% over the month.
Stock’s fiscal year EPS is expected to rise by 4.87% while it is estimated to increase by 13.84% in next year. EPS is likely to grow at an annualized rate of 9.31% for next 5-years, compared to annual growth of 8.88% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on June 13, 2024 offering a Buy rating for the stock and assigned a target price of $80 to it. Coverage by Bernstein stated Restaurant Brands International Inc (QSR) stock as an Outperform in their note to investors on November 30, 2023, suggesting a price target of $85 for the stock. On October 19, 2023, Deutsche Bank Initiated their recommendations, while on September 29, 2023, Loop Capital Upgrade their ratings for the stock with a price target of $81. Stock get a Buy rating from Northcoast on August 22, 2023.
