Restaurant Brands International (QSR) Stock Rating Lowered by ValuEngine


On Thursday, April 19 Scotia Capital maintained Restaurant Brands International Inc.

Shares in the company shot up about four per cent or $2.50 to $71.56 in Tuesday trading on the Toronto Stock Exchange after reaching its lowest point earlier this month since September 2017.

Total analysts of 12 have positions in Restaurant Brands International (NYSE:QSR) as follows: 9 rated it a "Buy", 0 with "Sell" and 3 with "Hold". Finally, BMO Capital Markets lowered shares of Restaurant Brands International from an "outperform" rating to a "market perform" rating and set a $66.00 price objective on the a report on Monday. Finally, Nomura boosted their price objective on shares of Restaurant Brands International from $75.00 to $81.00 and gave the stock a buy rating in a research note on Tuesday, January 30th.

The brand suffered from intense competition, problems with its annual "Roll Up the Rim" promotion and negative media coverage generated by a group of dissident franchise owners, RBI chief executive Daniel Schwartz told analysts. Restaurant Brands International has an average rating of "Buy" and a consensus price target of $70.00.

Canadian stocks were lackluster, but outperformed US markets as traders assessed a flurry of corporate earnings results. The stock has a market capitalization of $13,333.54, a PE ratio of 25.48, a P/E/G ratio of 1.40 and a beta of 1.47. Gotham Asset Management LLC raised its holdings in shares of Restaurant Brands International by 1,472.8% during the fourth quarter.

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Restaurant Brands International Inc. announced a plan Tuesday for improving the customer experience and sales at its Tim Hortons operations, which were the weak spots during an otherwise strong first quarter for the company.

Tim Hortons' same-store sales fell for the eighth consecutive quarter in the first three months of the year, the company's results showed. Restaurant Brands International had a return on equity of 24.56% and a net margin of 12.70%.

It had revenue of $1.25 billion in the period, beating the $1.13 billion analysts expected. During the same period past year, the firm earned $0.30 earnings per share. Stockholders of record on Thursday, March 15th were given a $0.45 dividend. The ex-dividend date is Thursday, May 11th. This represents a $2.22 annualized dividend and a dividend yield of 3.08%. Restaurant Brands International's payout ratio is presently 85.71%. On Monday, December 11 Evercore initiated Restaurant Brands International Inc. About 796,438 shares traded or 27.03% up from the average. The stock was sold at an average price of C$59.02, for a total transaction of C$324,432.94. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 4.20% of the company's stock.

Several hedge funds and other institutional investors have recently modified their holdings of the business.