Barclays Issues Pessimistic Forecast for Restaurant Brands International (NYSE:QSR) Stock Price

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR had its price objective decreased by stock analysts at Barclays from $83.00 to $80.00 in a report released on Thursday,Benzinga reports. The brokerage currently has an "overweight" rating on the restaurant operator's stock. Barclays's price objective points to a potential upside of 23.97% from the company's previous close.

Other equities research analysts have also recently issued reports about the company. Evercore ISI lowered their target price on Restaurant Brands International from $93.00 to $90.00 and set an "outperform" rating on the stock in a research note on Wednesday, November 6th. Wells Fargo & Company decreased their price target on shares of Restaurant Brands International from $72.00 to $69.00 and set an "equal weight" rating for the company in a research note on Wednesday, January 8th. Stifel Nicolaus reduced their price objective on Restaurant Brands International from $72.00 to $68.00 and set a "hold" rating for the company in a report on Friday, January 10th. KeyCorp lowered their target price on Restaurant Brands International from $80.00 to $78.00 and set an "overweight" rating on the stock in a research note on Wednesday, November 6th. Finally, Citigroup cut their price target on Restaurant Brands International from $73.00 to $65.00 and set a "negative" rating for the company in a research note on Thursday, January 30th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $77.96.

Restaurant Brands International Stock Down 2.8 %

Restaurant Brands International stock traded down $1.86 during midday trading on Thursday, hitting $64.53. 2,911,077 shares of the stock were exchanged, compared to its average volume of 2,104,411. The company has a quick ratio of 0.94, a current ratio of 1.02 and a debt-to-equity ratio of 2.75. The stock has a market capitalization of $20.94 billion, a price-to-earnings ratio of 16.17, a price-to-earnings-growth ratio of 2.17 and a beta of 0.93. Restaurant Brands International has a 52-week low of $59.67 and a 52-week high of $83.29. The business's 50-day moving average price is $64.24 and its 200-day moving average price is $68.02.

Restaurant Brands International (NYSE:QSR - Get Free Report) TSE: QSR last released its earnings results on Wednesday, February 12th. The restaurant operator reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.10 by ($0.29). Restaurant Brands International had a net margin of 16.01% and a return on equity of 28.25%. On average, research analysts expect that Restaurant Brands International will post 3.3 EPS for the current fiscal year.

Insider Activity

In other news, insider Thiago T. Santelmo sold 3,511 shares of the company's stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $64.20, for a total value of $225,406.20. Following the completion of the transaction, the insider now directly owns 32,937 shares in the company, valued at approximately $2,114,555.40. This represents a 9.63 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jill Granat sold 10,613 shares of the firm's stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $70.41, for a total value of $747,261.33. Following the transaction, the insider now directly owns 388,759 shares in the company, valued at approximately $27,372,521.19. This represents a 2.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 113,510 shares of company stock worth $7,774,020. 1.36% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Capital World Investors boosted its stake in shares of Restaurant Brands International by 2.0% in the 4th quarter. Capital World Investors now owns 43,418,188 shares of the restaurant operator's stock valued at $2,829,974,000 after purchasing an additional 841,167 shares in the last quarter. Vanguard Group Inc. boosted its position in Restaurant Brands International by 3.3% during the fourth quarter. Vanguard Group Inc. now owns 13,165,498 shares of the restaurant operator's stock valued at $858,101,000 after buying an additional 421,873 shares during the period. EdgePoint Investment Group Inc. boosted its position in Restaurant Brands International by 26.6% during the fourth quarter. EdgePoint Investment Group Inc. now owns 12,819,570 shares of the restaurant operator's stock valued at $834,478,000 after buying an additional 2,695,071 shares during the period. Norges Bank bought a new position in shares of Restaurant Brands International during the fourth quarter valued at about $264,813,000. Finally, Fiera Capital Corp increased its holdings in shares of Restaurant Brands International by 6.5% in the third quarter. Fiera Capital Corp now owns 3,744,620 shares of the restaurant operator's stock worth $270,554,000 after buying an additional 227,203 shares during the period. 82.29% of the stock is currently owned by institutional investors.

Restaurant Brands International Company Profile

Restaurant Brands International Inc operates as a quick-service restaurant company in Canada, the United States, and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, and other food products.