Restaurant Brands International (TSE:QSR) Reaches New 12-Month Low – Should You Sell?

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$89.62 and last traded at C$90.35, with a volume of 267271 shares traded. The stock had previously closed at C$90.71.

Restaurant Brands International Trading Down 0.8 %

The company has a debt-to-equity ratio of 322.48, a current ratio of 0.78 and a quick ratio of 0.80. The stock has a market cap of C$29.12 billion, a price-to-earnings ratio of 16.36, a P/E/G ratio of 2.22 and a beta of 0.95. The business’s 50 day moving average is C$96.16 and its 200 day moving average is C$96.18.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last released its quarterly earnings data on Tuesday, November 5th. The company reported C$1.27 EPS for the quarter, missing analysts’ consensus estimates of C$1.29 by C($0.02). The business had revenue of C$3.13 billion during the quarter, compared to analysts’ expectations of C$3.15 billion. Restaurant Brands International had a net margin of 16.99% and a return on equity of 37.74%. As a group, equities analysts expect that Restaurant Brands International Inc. will post 7.3241225 earnings per share for the current fiscal year.

Restaurant Brands International Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, January 3rd were paid a $0.785 dividend. The ex-dividend date of this dividend was Friday, December 20th. This represents a $3.14 annualized dividend and a yield of 3.49%. Restaurant Brands International’s dividend payout ratio is presently 57.09%.

Insider Transactions at Restaurant Brands International

In other Restaurant Brands International news, Director Jonathan Domanko sold 446 shares of Restaurant Brands International stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of C$95.62, for a total value of C$42,646.52. Also, Senior Officer Iv Curtis Thomas Benjamin sold 11,120 shares of the firm’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of C$96.22, for a total transaction of C$1,069,957.50. Over the last 90 days, insiders have sold 66,735 shares of company stock worth $6,459,478. Corporate insiders own 1.24% of the company’s stock.

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.