At the time of writing, Restaurant Brands International Inc [QSR] stock is trading at $71.11, up 0.41%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The QSR shares have gain 2.75% over the last week, with a monthly amount glided 1.53%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Restaurant Brands International Inc [NYSE: QSR] stock has seen the most recent analyst activity on October 22, 2024, when Oppenheimer reiterated its Outperform rating and also revised its price target to $86 from $89. Previously, Goldman started tracking the stock with Buy rating on June 13, 2024, and set its price target to $80. On November 30, 2023, upgrade upgraded it’s rating to Outperform but maintained its price target of $85 on the stock. Deutsche Bank started tracking the stock assigning a Buy rating and suggested a price target of $75 on October 19, 2023. Loop Capital upgraded its rating to a Buy and raised its price target to $81 on September 29, 2023. Northcoast upgraded its rating to Buy for this stock on August 22, 2023. In a note dated August 21, 2023, JP Morgan initiated an Overweight rating and provided a target price of $82 on this stock.
For the past year, the stock price of Restaurant Brands International Inc fluctuated between $65.87 and $83.29. Currently, Wall Street analysts expect the stock to reach $82.57 within the next 12 months. Restaurant Brands International Inc [NYSE: QSR] shares were valued at $71.11 at the most recent close of the market. An investor can expect a potential return of 16.12% based on the average QSR price forecast.
Analyzing the QSR fundamentals
According to Restaurant Brands International Inc [NYSE:QSR], the company’s sales were 7.93B for trailing twelve months, which represents an 24.71% jump. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.28%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.42 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 4.23.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 70.69 points at the first support level, and at 70.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 71.59, and for the 2nd resistance point, it is at 72.07.
Ratios To Look Out For
It is important to note that Restaurant Brands International Inc [NYSE:QSR] has a current ratio of 1.02. As well, the Quick Ratio is 0.94, while the Cash Ratio is 0.53. Considering the valuation of this stock, the price to sales ratio is 2.90, the price to book ratio is 7.11 and price to earnings (TTM) ratio is 17.82.
Transactions by insiders
Recent insider trading involved DOYLE J PATRICK, Executive Chairman, that happened on Nov 21 ’24 when 42052.0 shares were sold., CURTIS THOMAS BENJAMIN completed a deal on Sep 03 ’24 to sell 6536.0 shares. Meanwhile, Pres., Tim Hortons Americas SCHWAN AXEL MR sold 36000.0 shares on Aug 23 ’24.
