QSR Stock Summary and Trading Ideas (Restaurant Brands Intl | NYSE:QSR)

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 Restaurant Brands portfolio is split between 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.

Restaurant Brands Intl trades on the NYSE stock market under the symbol QSR.

As of April 18, 2024, QSR stock price climbed to $71.36 with 1,977,251 million shares trading.

QSR has a beta of 0.77, meaning it tends to be less sensitive to market movements. QSR has a correlation of 0.20 to the broad based SPY ETF.

QSR has a market cap of $22.36 billion. This is considered a Large Cap stock.

Last quarter Restaurant Brands Intl reported $2 billion in Revenue and $.75 earnings per share. This beat revenue expectation by $10 million and exceeded earnings estimates by $.02.

In the last 3 years, QSR stock traded as high as $83.29 and as low as $46.68.

The top ETF exchange traded funds that QSR belongs to (by Net Assets): PID, CGUS, DFIC, DIHP, DFAI.

QSR has underperformed the market in the last year with a price return of +8.0% while the SPY ETF gained +22.3%. QSR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -5.1% and -7.0%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

QSR support price is $69.87 and resistance is $71.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that QSR stock will trade within this expected range on the day.