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

Shares of Restaurant Brands International Inc. (TSE:QSR - Get Free Report) NYSE: QSR hit a new 52-week low during trading on Tuesday . The stock traded as low as C$85.98 and last traded at C$86.59, with a volume of 314263 shares traded. The stock had previously closed at C$88.32.

Wall Street Analysts Forecast Growth

Several research analysts have commented on QSR shares. Guggenheim raised Restaurant Brands International from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 24th. Argus raised Restaurant Brands International from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 19th. Finally, TD Cowen downgraded shares of Restaurant Brands International from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 14th.

Restaurant Brands International Stock Up 1.8 %

The firm has a 50-day moving average of C$93.31 and a two-hundred day moving average of C$94.32. The stock has a market capitalization of C$19.84 billion, a price-to-earnings ratio of 17.53, a price-to-earnings-growth ratio of 2.22 and a beta of 0.95. The company has a quick ratio of 0.80, a current ratio of 1.02 and a debt-to-equity ratio of 494.65.

Restaurant Brands International Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Friday, April 4th were given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date was Friday, March 21st. Restaurant Brands International's dividend payout ratio is currently 62.98%.

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Insider Activity at Restaurant Brands International

In other news, Senior Officer Jill Granat sold 11,706 shares of the firm's stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of C$89.16, for a total value of C$1,043,712.81. Also, Senior Officer Iv Curtis Thomas Benjamin sold 23,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of C$97.78, for a total transaction of C$2,249,018.20. Insiders have sold a total of 101,088 shares of company stock valued at $9,524,563 over the last quarter. 1.24% of the stock is owned by company 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.