Restaurant Brands International (TSE:QSR) Upgraded at Piper Sandler

Piper Sandler upgraded shares of Restaurant Brands International (TSE:QSR) (NYSE:QSR) from a hold rating to an overweight rating in a research report report published on Sunday, Marketbeat.com reports. They currently have C$84.00 target price on the stock.

Separately, Argus raised 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 assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Restaurant Brands International has an average rating of “Moderate Buy” and a consensus target price of C$84.00.

Restaurant Brands International Trading Up 0.2%

Restaurant Brands International stock opened at C$98.62 on Friday. The stock has a market capitalization of C$34.15 billion, a PE ratio of 41.97, a price-to-earnings-growth ratio of 2.22 and a beta of 0.25. 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 has a 12-month low of C$83.32 and a 12-month high of C$102.75. The firm has a 50 day simple moving average of C$94.22 and a 200-day simple moving average of C$93.68.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last posted its quarterly earnings data on Thursday, February 12th. The company reported C$1.32 EPS for the quarter. The company had revenue of C$3.38 billion for the quarter. Restaurant Brands International had a return on equity of 23.08% and a net margin of 8.23%. As a group, equities research analysts expect that Restaurant Brands International will post 7.3241225 EPS for the current fiscal year.

Restaurant Brands International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Tuesday, January 6th were paid a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 2.5%. The ex-dividend date was Tuesday, December 23rd. Restaurant Brands International’s dividend payout ratio is currently 105.53%.

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).