Restaurant Brands International (TSE:QSR) Stock Passes Below 200 Day Moving Average – Time to Sell?

Shares of Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$101.94 and traded as low as C$99.65. Restaurant Brands International shares last traded at C$102.31, with a volume of 1,101,302 shares traded.

Restaurant Brands International Trading Down 1.9%

The firm has a market cap of C$35.50 billion, a PE ratio of 36.15, a P/E/G ratio of 2.22 and a beta of 0.36. The company’s fifty day moving average price is C$103.87 and its two-hundred day moving average price is C$101.94. The company has a quick ratio of 0.80, a current ratio of 0.99 and a debt-to-equity ratio of 420.69.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last posted its quarterly earnings results on Wednesday, May 6th. The company reported C$1.20 earnings per share (EPS) for the quarter. The firm had revenue of C$3.15 billion during the quarter. Restaurant Brands International had a net margin of 9.96% and a return on equity of 27.13%. As a group, sell-side analysts forecast that Restaurant Brands International Inc. will post 7.3241225 earnings per share for the current fiscal year.

Restaurant Brands International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, July 7th were issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Tuesday, June 23rd. Restaurant Brands International’s payout ratio is currently 88.69%.

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. Formed in 2014 after 3G Capital’s acquisition of Tim Horton’s International, the Restaurant Brands portfolio now includes Burger King (19,250 units), Tim Horton’s (5,300 units), and Popeyes Louisiana Kitchen (3,700 units).