Somewhat Positive Press Coverage Somewhat Unlikely to Impact Restaurant Brands International (QSR) Share Price
News headlines about Restaurant Brands International (NYSE:QSR) (TSE:QSR) have trended somewhat positive recently, according to Accern. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Restaurant Brands International earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the restaurant operator an impact score of 45.1573947762448 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news stories that may have effected Accern’s rankings:
- Investors Alert: Restaurant Brands International Inc. (QSR) traded with rise change of 1.49% at $58.39 – Analyst Recommendation (press release) (blog) (analystrecommendation.com)
- Fluctuating Stocks: HealthEquity, Inc., (NASDAQ: HQY), Restaurant Brands International Inc., (NYSE: QSR); – TNN (tradingnewsnow.com)
- Be unsteadying Stocks – DowDuPont Inc., NYSE: DWDP), Restaurant Brands International Inc., (NYSE: QSR) – DailyNyseNews (press release) (dailynysenews.com)
- Free Post Earnings Research Report: Restaurant Brands’ Quarterly Revenues Gained 11%; Adjusted EPS Soared 50% (finance.yahoo.com)
- Could Restaurant Brands International Inc. (QSR) See a Reversal After Having Formed Several Months Bearish H&S – NMSU Hеrаld (nmsuherald.com)
Shares of QSR stock traded down $0.32 during trading on Wednesday, reaching $58.07. The company had a trading volume of 1,078,080 shares, compared to its average volume of 1,878,329. The stock has a market capitalization of $14,033.63, a price-to-earnings ratio of 22.86, a price-to-earnings-growth ratio of 1.45 and a beta of 1.48. Restaurant Brands International has a 52 week low of $53.54 and a 52 week high of $68.89. The company has a quick ratio of 1.01, a current ratio of 1.06 and a debt-to-equity ratio of 2.64.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 2nd. Investors of record on Thursday, March 15th will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 3.10%. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.21. The ex-dividend date is Wednesday, March 14th. Restaurant Brands International’s dividend payout ratio is presently 70.87%.
QSR has been the subject of a number of analyst reports. Zacks Investment Research upgraded Restaurant Brands International from a “hold” rating to a “buy” rating and set a $72.00 price target for the company in a research report on Friday, January 5th. UBS set a $74.00 price target on Restaurant Brands International and gave the company a “buy” rating in a research report on Tuesday, January 16th. Evercore ISI initiated coverage on Restaurant Brands International in a research report on Monday, December 11th. They issued an “outperform” rating and a $75.00 price target for the company. Nomura upped their price target on Restaurant Brands International from $75.00 to $81.00 and gave the company a “buy” rating in a research report on Tuesday, January 30th. Finally, Credit Suisse Group dropped their price target on Restaurant Brands International from $74.00 to $71.00 and set an “outperform” rating for the company in a research report on Tuesday, February 13th. Five equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $70.06.
In other Restaurant Brands International news, Director Ali Hedayat acquired 5,000 shares of the stock in a transaction that occurred on Wednesday, February 14th. The stock was bought at an average cost of $58.00 per share, for a total transaction of $290,000.00. Following the completion of the transaction, the director now owns 37,592 shares of the company’s stock, valued at approximately $2,180,336. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Heitor Goncalves sold 81,637 shares of the stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $59.42, for a total value of $4,850,870.54. Following the completion of the transaction, the insider now owns 187,333 shares of the company’s stock, valued at $11,131,326.86. The disclosure for this sale can be found here. Insiders sold 471,676 shares of company stock valued at $27,885,174 over the last quarter. 3.05% of the stock is currently owned by company insiders.
About Restaurant Brands International
Restaurant Brands International Inc is a quick service restaurant (QSR) company. The Company had over 23,000 restaurants in more than 100 countries and the United States territories, as of September 30, 2017. It operates through three segments: Tim Hortons (TH), Burger King (BK) and Popeyes Louisiana Kitchen (PLK).
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