Strong And Steady: Restaurant Brands International Inc. (QSR)

Wall Street analysts will be watching closely when Restaurant Brands International Inc. (NYSE:QSR) reports its quarterly earnings next, which is scheduled for Tue 23 Apr (In 41 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.59 per share. In the preceding quarter, the company reportedly generated EPS of $0.68 per share of its common stock.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Restaurant Brands International Inc. (NYSE:QSR). Most recently, on January 9th, 2019, SunTrust Initiated a Buy rating. Before that, on October 25th, 2018, Wells Fargo Reiterated to Market Perform. KeyBanc Capital Mkts Initiated a Overweight rating on October 4th, 2018, Morgan Stanley Upgrade an Overweight rating on March 26th, 2018, and Evercore ISI Initiated a Outperform rating on December 12th, 2017.

At its current price point, combined with the fact that this company has 251.56M shares outstanding, the current market capitalization sits at 15.86B. In the last trading day, 3,269,255 shares of Restaurant Brands International Inc. were traded, which compares to its usual volume of about 1.81M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $1.23 in the past five trading days, resulting in a percentage change of +1.99% and a moving average of 62.43. In the past 20 days, its price changed by -$1.22 (which is -1.90%) and the stock’s moving average was 63.17. Looking back a full 50 days, shares of QSR changed by $11.03 (which is +21.21%) and demonstrated a moving average of 60.68.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 63.66%, a 14-day Stochastic %K score of 46.47% and a 20-day Stochastic %K score of 42.23%. Using a similar metric, Restaurant Brands International Inc. (QSR) shares showed a Stochastic %D of 57.68% over the past 9 days, a Stochastic %D score of 40.16% over the last 14 days, and a 20-day Stochastic %D of 37.51%. Meanwhile, this stock’s MACD Oscillator was 0.24 over the past 9 days, 0.09 over the past two weeks, and -0.50 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $63.04 level. Over the past 12 months, this stock has experienced a high price of $65.59 and a low of $50.20. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

Pershing Square Capital Managemen sold more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Restaurant Brands International Inc. (NYSE:QSR) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 19,685,602 shares of the company’s stock following the subtraction of -1,158,317 to this investor’s holdings during the three-month period. This share count represents that Pershing Square Capital Managemen now held 7.83% stake in Restaurant Brands International Inc. (QSR)’s shares.

Just in the most recent trading day, Restaurant Brands International Inc. (NYSE:QSR) experienced a high price of $63.68 and low point of $62.835. At the end of the last trading session, this stock was at 63.04 per share, following a gain of $0.26, or 0.74% during the full day.