Restaurant Brands International (TSE:QSR) Stock Passes Above 50 Day Moving Average – Time to Sell?

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$94.10 and traded as high as C$98.27. Restaurant Brands International shares last traded at C$97.86, with a volume of 2,950,661 shares.

Wall Street Analysts Forecast Growth

Separately, Argus upgraded shares of Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 2nd. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Restaurant Brands International Trading Up 2.3%

The firm’s 50 day moving average price is C$94.10 and its 200-day moving average price is C$93.51. The company has a debt-to-equity ratio of 494.65, a current ratio of 1.02 and a quick ratio of 0.80. The stock has a market cap of C$33.89 billion, a P/E ratio of 41.64, a P/E/G ratio of 2.22 and a beta of 0.25.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last announced its quarterly earnings results on Thursday, February 12th. The company reported C$1.32 earnings per share for the quarter. The company had revenue of C$3.38 billion during the quarter. Restaurant Brands International had a net margin of 16.02% and a return on equity of 41.85%. As a group, equities research analysts forecast that Restaurant Brands International Inc. will post 7.3241225 earnings per share for the current year.

Restaurant Brands International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Tuesday, January 6th were issued a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Tuesday, December 23rd. Restaurant Brands International’s dividend payout ratio is presently 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).