Restaurant Brands International (TSE:QSR) Rating Increased to Strong-Buy at Piper Sandler

Piper Sandler upgraded shares of Restaurant Brands International (TSE:QSR) (NYSE:QSR) from a hold rating to a strong-buy rating in a research report sent to investors on Sunday,Zacks.com reports.

Separately, Argus raised shares of Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 2nd. Two analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Restaurant Brands International has an average rating of “Buy”.

Restaurant Brands International Trading Up 0.6%

TSE:QSR opened at C$98.40 on Friday. The stock has a market cap of C$34.08 billion, a price-to-earnings ratio of 41.87, a PEG ratio of 2.22 and a beta of 0.25. The company has a debt-to-equity ratio of 478.23, a quick ratio of 0.80 and a current ratio of 0.98. Restaurant Brands International has a 1 year low of C$83.32 and a 1 year high of C$102.75. The business has a fifty day moving average of C$94.13 and a 200-day moving average of C$93.62.

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

Restaurant Brands International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Tuesday, January 6th were issued a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a 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%.

Restaurant Brands International Company Profile

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).