Restaurant Brands International (TSE:QSR) Sets New 52-Week Low – Should You Sell?

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

Restaurant Brands International Stock Down 2.0 %

The firm has a market cap of C$28.44 billion, a PE ratio of 15.98, a PEG ratio of 2.22 and a beta of 0.95. The company has a debt-to-equity ratio of 322.48, a quick ratio of 0.80 and a current ratio of 0.78. The company’s 50-day simple moving average is C$95.62 and its two-hundred day simple moving average is C$96.07.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last posted its earnings results on Tuesday, November 5th. The company reported C$1.27 earnings per share for the quarter, missing analysts’ consensus estimates of C$1.29 by C($0.02). Restaurant Brands International had a return on equity of 37.74% and a net margin of 16.99%. The firm had revenue of C$3.13 billion for the quarter, compared to analysts’ expectations of C$3.15 billion. On average, analysts predict 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 issued a $0.785 dividend. The ex-dividend date was Friday, December 20th. This represents a $3.14 annualized dividend and a yield of 3.57%. Restaurant Brands International’s dividend payout ratio (DPR) is presently 57.09%.

Insider Transactions at Restaurant Brands International

In other Restaurant Brands International news, Director Vicente Tome sold 1,990 shares of the stock in a transaction on Monday, November 18th. The stock was sold at an average price of C$96.66, for a total value of C$192,345.44. Also, Director Jonathan Domanko sold 446 shares of the firm’s stock in a transaction on Friday, December 20th. The shares were sold at an average price of C$95.62, for a total value of C$42,646.52. In the last ninety days, insiders sold 66,735 shares of company stock valued at $6,459,478. Company insiders own 1.24% of the company’s stock.

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.