The stock of Restaurant Brands International Inc (NYSE: QSR) has decreased by -0.98 when compared to last closing price of 74.35.Despite this, the company has seen a gain of 4.09% in its stock price over the last five trading days. The Motley Fool reported 2024-04-24 that Bill Ackman is the head of the Pershing Square hedge fund, which only reports seven different stocks in its portfolio. Six of the seven aren’t tech stocks, including three of the top-four positions that account for half of the portfolio’s value.
Is It Worth Investing in Restaurant Brands International Inc (NYSE: QSR) Right Now?
Restaurant Brands International Inc (NYSE: QSR) has a higher price-to-earnings ratio of 19.56x compared to its average ratio, The 36-month beta value for QSR is at 0.94. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for QSR is 307.82M, and currently, shorts hold a 2.96% of that float. The average trading volume for QSR on April 25, 2024 was 1.50M shares.
QSR’s Market Performance
The stock of Restaurant Brands International Inc (QSR) has seen a 4.09% increase in the past week, with a -6.42% drop in the past month, and a -3.32% fall in the past quarter. The volatility ratio for the week is 1.75%, and the volatility levels for the past 30 days are at 1.78% for QSR. The simple moving average for the past 20 days is -0.95% for QSR’s stock, with a 0.81% simple moving average for the past 200 days.
Analysts’ Opinion of QSR
Many brokerage firms have already submitted their reports for QSR stocks, with Bernstein repeating the rating for QSR by listing it as a “Outperform.” The predicted price for QSR in the upcoming period, according to Bernstein is $85 based on the research report published on November 30, 2023 of the previous year 2023.
Deutsche Bank, on the other hand, stated in their research note that they expect to see QSR reach a price target of $75. The rating they have provided for QSR stocks is “Buy” according to the report published on October 19th, 2023.
Loop Capital gave a rating of “Buy” to QSR, setting the target price at $81 in the report published on September 29th of the previous year.
QSR Trading at -4.18% from the 50-Day Moving Average
After a stumble in the market that brought QSR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.60% of loss for the given period.
Volatility was left at 1.78%, however, over the last 30 days, the volatility rate increased by 1.75%, as shares sank -6.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.94% lower at present.
During the last 5 trading sessions, QSR rose by +4.09%, which changed the moving average for the period of 200-days by -2.59% in comparison to the 20-day moving average, which settled at $74.07. In addition, Restaurant Brands International Inc saw -5.77% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at QSR starting from Granat Jill, who sale 80,332 shares at the price of $76.20 back on Feb 26 ’24. After this action, Granat Jill now owns 410,759 shares of Restaurant Brands International Inc, valued at $6,121,298 using the latest closing price.
Fulton Duncan, the Chief Corporate Officer of Restaurant Brands International Inc, sale 32,500 shares at $76.44 during a trade that took place back on Feb 26 ’24, which means that Fulton Duncan is holding 25,386 shares at $2,484,300 based on the most recent closing price.
Stock Fundamentals for QSR
Current profitability levels for the company are sitting at:
- 0.3 for the present operating margin
- 0.45 for the gross margin
The net margin for Restaurant Brands International Inc stands at 0.18. The total capital return value is set at 0.1. Equity return is now at value 44.36, with 5.16 for asset returns.
Based on Restaurant Brands International Inc (QSR), the company’s capital structure generated 0.82 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at 4.52. The interest coverage ratio of the stock is 3.57.
Currently, EBITDA for the company is 2.39 billion with net debt to EBITDA at 5.63. When we switch over and look at the enterprise to sales, we see a ratio of 5.12. The receivables turnover for the company is 9.49for trailing twelve months and the total asset turnover is 0.3. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.01.
Conclusion
In conclusion, Restaurant Brands International Inc (QSR) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
