Restaurant Brands International (TSE:QSR) Stock Rating Upgraded by Argus

Restaurant Brands International (TSE:QSR - Get Free Report) NYSE: QSR was upgraded by equities researchers at Argus from a "hold" rating to a "strong-buy" rating in a research note issued on Wednesday,Zacks.com reports.

A number of other equities research analysts have also recently weighed in on QSR. TD Cowen cut shares of Restaurant Brands International from a "strong-buy" rating to a "hold" rating in a research note on Friday, February 14th. Guggenheim raised shares of Restaurant Brands International from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 24th.

Restaurant Brands International Stock Performance

QSR stock traded down C$0.98 on Wednesday, reaching C$95.09. The company's stock had a trading volume of 1,638,156 shares, compared to its average volume of 927,767. Restaurant Brands International has a 52 week low of C$86.06 and a 52 week high of C$108.44. The company has a debt-to-equity ratio of 494.65, a current ratio of 1.02 and a quick ratio of 0.80. The company has a market capitalization of C$21.59 billion, a P/E ratio of 19.07, a price-to-earnings-growth ratio of 2.22 and a beta of 0.95. The firm has a fifty day moving average of C$92.34 and a two-hundred day moving average of C$94.55.

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Insider Buying and Selling

In other news, Senior Officer Iv Curtis Thomas Benjamin sold 23,000 shares of the firm's stock in a transaction 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. Also, Director Jonathan Domanko sold 2,817 shares of Restaurant Brands International stock in a transaction on Friday, March 7th. The stock was sold at an average price of C$98.90, for a total value of C$278,601.30. Insiders have sold a total of 101,088 shares of company stock valued at $9,524,563 over the last three months. 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.