QSR stock icon

Restaurant Brands International
QSR

$67.98
0.86%

Market Cap: 21.5B

 

About: Restaurant Brands International is one of the largest restaurant companies in the world, with approximately $43 billion in 2023 systemwide sales across a footprint that spanned more than 31,000 restaurants and more than 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 Hortons supply chain operations. Formed in 2014 after 3G Capital's acquisition of Tim Hortons International, the RBI portfolio is split among Burger King (7,144 units), Tim Hortons (4,525 units), Popeyes Louisiana Kitchen (3,394 units), Firehouse Subs (1,265 units), and international franchise units of those banners (14,742) as of year-end 2023.

Employees: 9,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 30 analysts
0
News positive %
of 10 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

73% more call options, than puts

Call options by funds: $159M | Put options by funds: $91.5M

1% less capital invested

Capital invested by funds: $20.4B [Q4 2023] → $20.2B (-$117M) [Q1 2024]

8% less repeat investments, than reductions

Existing positions increased: 154 | Existing positions reduced: 168

1% less funds holding

Funds holding: 454 [Q4 2023] → 449 (-5) [Q1 2024]

2.09% less ownership

Funds ownership: 83.26% [Q4 2023] → 81.17% (-2.09%) [Q1 2024]

10% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 49

14% less funds holding in top 10

Funds holding in top 10: 14 [Q4 2023] → 12 (-2) [Q1 2024]

Research analyst outlook

30 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$75
10%
upside
Avg. target
$85
26%
upside
High target
$93
37%
upside

30 analyst ratings

23 positive
77%
neutral
20%
negative
3%
B of A Securities
Gregory Francfort
16%upside
$79
Underperform
Maintained
17 Jul 2024
Morgan Stanley
John Glass
22%upside
$83
Equal-Weight
Maintained
16 Jul 2024
Truist Securities
Jake Bartlett
28%upside
$87
Buy
Maintained
9 Jul 2024
Keybanc
Eric Gonzalez
18%upside
$80
Overweight
Maintained
27 Jun 2024
TD Cowen
Andrew Charles
29%upside
$88
Buy
Reiterated
13 Jun 2024

Financial journalist opinion

Based on 10 articles about QSR published over the past 30 days