Published: Thu, February 16, 2017
Money | By Oscar Reynolds

Tim Hortons owner's profit beats as costs fall

Tim Hortons owner's profit beats as costs fall

Number of analysts are covering this stock and now stock has got OUTPERFORM rating from no analyst of Thomson Reuters, no analyst given HOLD rating to the stock and 0 given UNDERPERFORM rating.

A number of brokerages have weighed in on QSR.

Restaurant Brands International Inc.s in-depth stock price analysis indicates that the stock price has rallied 11.3% in the past 12 Weeks, but analyzing the 6 month charts for the stock, the price continues to stay positive and keep the rally at 9.71%.

Restaurant Brands International (TSE:QSR) had its price target upped to $62.00 by Scotia Capital in an issued report issued 2/14/2017. The company now has a consensus rating of "Hold" and a consensus target price of $46.55.

Restaurant Brands International (NYSE:QSR) opened at 54.53 on Tuesday. According to their predictions High & Low revenue estimates are 1.15 Billion and 1.07 Billion respectively.

Restaurant Brands International (NYSE:QSR) last released its quarterly earnings data on Monday, February 13th. Meanwhile, Tim Hortons comparable sales ticked up 0.2% as system-wide sales increased 2.4%. The Stock now has the market capitalization of $12.6 Billion, P/E (price to earnings ttm) of 44.8 and Weekly volatility of 2.33% and monthly volatility of 1.74% respectively. During the same quarter in the previous year, the business earned $0.32 earnings per share. The companys revenue was up 5.5% compared to the same quarter past year.

Restaurant Brands also hiked the quarterly dividend this week, setting it to US$0.18 per share.

This piece was published by The Cerbat Gem and is owned by of The Cerbat Gem. The company has been working to expand Tim Hortons' footprint in the US and internationally. The legal version of this piece of content can be read at https://www.com-unik.info/2017/02/14/restaurant-brands-international-inc-qsr-issues-earnings-results.html.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 4th.

That being said, strong returns, an aggressive and, to date, successful expansion plan, and an increasing dividend all make Restaurant Brands a likely candidate for nearly any portfolio. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.32%. Restaurant Brands International's dividend payout ratio is presently 46.90%. Huntington National Bank raised its position in shares of Restaurant Brands International by 46,600.0% in the second quarter. Huntington National Bank now owns 8,873 shares of the company's stock worth $369,000 after buying an additional 8,854 shares during the period. Sumitomo Mitsui Trust Holdings Inc. boosted its position in Restaurant Brands International by 4.8% in the second quarter. Finally, Ironwood Investment Management LLC bought a new stake in Restaurant Brands International during the third quarter worth $355,000. Smith Asset Management Group LP bought a new stake in Restaurant Brands International during the third quarter worth $190,000. Stratos Wealth Partners LTD. now owns 5,904 shares of the company's stock worth $263,000 after buying an additional 381 shares during the last quarter.

Several large investors have recently made changes to their positions in QSR.

At the movement Restaurant Brands International Inc. The Company operates more than 18000 restaurants operating in 100 countries under its two distinct brands.

Restaurant Brands International is the name behind two well-known brands: Burger King and Tim Hortons.

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