Look For Institutional Buying In Restaurant Brands International Inc (NYSE: QSR)

Restaurant Brands International Inc (QSR) concluded trading on Thursday at a closing price of $61.53, with 6.95 million shares of worth about $427.38 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -13.59% during that period and on January 23, 2025 the price saw a gain of about 1.64%. Currently the company’s common shares owned by public are about 323.70M shares, out of which, 318.59M shares are available for trading.

Stock saw a price change of 1.80% in past 5 days and over the past one month there was a price change of -6.09%. Year-to-date (YTD), QSR shares are showing a performance of -5.60% which decreased to -18.58% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $59.85 but also hit the highest price of $83.29 during that period. The average intraday trading volume for Restaurant Brands International Inc shares is 1.70 million. The stock is currently trading -2.36% below its 20-day simple moving average (SMA20), while that difference is down -7.44% for SMA50 and it goes to -11.61% lower than SMA200.

Restaurant Brands International Inc (NYSE: QSR) currently have 323.70M outstanding shares and institutions hold larger chunk of about 85.09% of that.

The stock has a current market capitalization of $19.92B and its 3Y-monthly beta is at 0.95. PE ratio of stock for trailing 12 months is 15.42, while it has posted earnings per share of $3.99 in the same period. Its PEG reads 1.90 and has Quick Ratio of 0.94 while making debt-to-equity ratio of 4.94. 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 1.59% while standing at 1.87% over the month.

Stock’s fiscal year EPS is expected to rise by 3.12% while it is estimated to increase by 12.20% in next year. EPS is likely to shrink at an annualized rate of 8.12% 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 Oppenheimer on October 22, 2024 offering an Outperform rating for the stock and assigned a target price range of between $89 and $86 to it. Coverage by Goldman stated Restaurant Brands International Inc (QSR) stock as a Buy in their note to investors on June 13, 2024, suggesting a price target of $80 for the stock. On November 30, 2023, Bernstein Upgrade their recommendations, while on October 19, 2023, Deutsche Bank Initiated their ratings for the stock with a price target of $75. Stock get a Buy rating from Loop Capital on September 29, 2023.

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