Restaurant Brands International (TSE:QSR) Hits New 52-Week Low - What's Next?

Restaurant Brands International Inc. (TSE:QSR - Get Free Report) NYSE: QSR's share price hit a new 52-week low during trading on Tuesday . The company traded as low as C$86.46 and last traded at C$86.67, with a volume of 160467 shares traded. The stock had previously closed at C$87.71.

Restaurant Brands International Trading Down 0.4 %

The company has a debt-to-equity ratio of 322.48, a current ratio of 0.78 and a quick ratio of 0.80. The firm's 50 day moving average price is C$95.23 and its 200 day moving average price is C$95.97. The stock has a market capitalization of C$28.28 billion, a P/E ratio of 15.89, a P/E/G ratio of 2.22 and a beta of 0.95.

Restaurant Brands International (TSE:QSR - Get Free Report) NYSE: QSR last issued its quarterly earnings data on Tuesday, November 5th. The company reported C$1.27 EPS for the quarter, missing the consensus estimate of C$1.29 by C($0.02). The company had revenue of C$3.13 billion during the quarter, compared to the consensus estimate of C$3.15 billion. Restaurant Brands International had a return on equity of 37.74% and a net margin of 16.99%. As a group, equities research analysts expect that Restaurant Brands International Inc. will post 7.3241225 earnings per share for the current fiscal year.

Restaurant Brands International Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, January 3rd were given a dividend of $0.785 per share. The ex-dividend date of this dividend was Friday, December 20th. This represents a $3.14 dividend on an annualized basis and a yield of 3.59%. Restaurant Brands International's dividend payout ratio (DPR) is currently 57.09%.

Insider Transactions at Restaurant Brands International

In other news, Director Jonathan Domanko sold 446 shares of the business's stock in a transaction on Friday, December 20th. The stock was sold at an average price of C$95.62, for a total value of C$42,646.52. Also, Senior Officer Iv Curtis Thomas Benjamin sold 11,120 shares of the company's stock in a transaction dated Monday, December 16th. The shares were sold at an average price of C$96.22, for a total transaction of C$1,069,957.50. Insiders have sold a total of 66,735 shares of company stock valued at $6,459,478 in the last ninety days. 1.24% of the stock is currently owned by corporate insiders.

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.