Restaurant Brands International (TSE:QSR) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$95.33 and traded as low as C$95.25. Restaurant Brands International shares last traded at C$95.32, with a volume of 486,955 shares changing hands.

Analysts Set New Price Targets

Separately, Argus upgraded Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 2nd. One investment analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Restaurant Brands International Stock Down 1.0%

The company has a market capitalization of C$32.93 billion, a price-to-earnings ratio of 34.04, a price-to-earnings-growth ratio of 2.22 and a beta of 0.25. The company has a quick ratio of 0.80, a current ratio of 1.02 and a debt-to-equity ratio of 494.65. The business has a 50-day moving average price of C$95.33 and a 200-day moving average price of C$93.47.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last posted its quarterly earnings data on Thursday, October 30th. The company reported C$1.03 earnings per share (EPS) for the quarter. Restaurant Brands International had a return on equity of 41.85% and a net margin of 16.02%.The firm had revenue of C$3.41 billion for the quarter. As a group, equities analysts anticipate that Restaurant Brands International Inc. will post 7.3241225 earnings per share for the current fiscal year.

Restaurant Brands International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Tuesday, January 6th were paid a $0.62 dividend. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a $2.48 dividend on an annualized basis and a yield of 2.6%. Restaurant Brands International’s dividend payout ratio (DPR) is currently 87.14%.

About Restaurant Brands International

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).