Restaurant Brands International Inc (TSE:QSR) (NYSE:QSR) Director Ali Hedayat purchased 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 14th. The stock was bought at an average price of C$72.86 per share, for a total transaction of C$364,300.00.
Shares of Restaurant Brands International Inc (TSE QSR) traded up C$1.00 on Friday, reaching C$73.79. 139,138 shares of the company were exchanged, compared to its average volume of 624,979. Restaurant Brands International Inc has a twelve month low of C$69.33 and a twelve month high of C$88.36. The firm has a market cap of $33,720.00, a price-to-earnings ratio of 79.54 and a beta of 1.14.
Restaurant Brands International (TSE:QSR) (NYSE:QSR) last announced its quarterly earnings results on Monday, February 12th. The company reported C$0.84 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.72 by C$0.12. Restaurant Brands International had a net margin of 20.42% and a return on equity of 18.07%. The business had revenue of C$1.57 billion for the quarter, compared to analyst estimates of C$1.59 billion.
A number of research analysts recently commented on the stock. Evercore ISI reiterated an “outperform” rating on shares of Restaurant Brands International in a research note on Tuesday, December 12th. Evercore reiterated an “outperform” rating on shares of Restaurant Brands International in a research note on Tuesday, December 12th. BMO Capital Markets set a C$72.00 price target on shares of Restaurant Brands International and gave the company an “outperform” rating in a research note on Thursday, February 1st. Cowen decreased their price target on shares of Restaurant Brands International from C$72.00 to C$69.00 in a research note on Tuesday. Finally, Royal Bank of Canada upped their price target on shares of Restaurant Brands International to C$97.00 and gave the company an “outperform” rating in a research note on Monday, October 23rd. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of C$80.20.
Restaurant Brands International Company Profile
Restaurant Brands International Inc is a quick service restaurant (QSR) company. The Company had over 20,000 restaurants in more than 100 countries and the United States territories, as of December 31, 2016. It operates through two segments: Tim Hortons (TH) and Burger King (BK). Tim Hortons restaurants are quick service restaurants with a menu that includes blend coffee, tea, espresso-based hot and cold specialty drinks, baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps and soups, among others.
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