US stock futures muted with Jackson Hole, retail earnings on tap
Jacqueline Friesner, a senior vice president at Restaurant Brands International Inc. (NYSE:QSR), recently sold a portion of her holdings in the company. According to a Form 4 filing with the Securities and Exchange Commission, Friesner sold 4,688 common shares on February 21, 2025. The shares were sold at a price of $62.35 each, amounting to a total transaction value of approximately $292,321. The stock currently trades at $64.27, and according to InvestingPro analysis, the company appears undervalued based on its Fair Value assessment.
Following this transaction, Friesner’s direct ownership in the company stands at 168,059 shares. The sale was made to cover withholding taxes related to the vesting of performance share units. For comprehensive insider trading analysis and more insights, InvestingPro subscribers can access detailed reports covering executive transactions and company fundamentals.
Restaurant Brands International, headquartered in Miami, is a leading player in the fast-food industry, owning popular brands such as Burger King, Tim Hortons, and Popeyes. The company has maintained dividend payments for 11 consecutive years, currently offering a 3.86% yield. With a market capitalization of $29 billion and revenue growth of 19.7% in the last twelve months, QSR demonstrates strong market presence. InvestingPro data reveals 8 additional key insights about the company’s performance and prospects.
In other recent news, Restaurant Brands International has finalized the acquisition of Burger King China for $158 million, marking a significant expansion in the Chinese market. This move is part of the company’s strategy to enhance its presence in China, with plans to involve a new local partner to inject primary capital. In terms of earnings, Restaurant Brands International reported a 2.5% increase in global sales for the fourth quarter of fiscal year 2024, outperforming JPMorgan’s estimate of 1.6%. This result led JPMorgan to maintain an Overweight rating with a price target of $80, reflecting confidence in the company’s future performance.
Analyst opinions have varied, with TD Cowen downgrading the stock to Hold and setting a $70 price target, citing potential risks in the Canadian market and competition challenges for Burger King. BMO Capital, however, reiterated an Outperform rating and an $86 price target, highlighting the company’s strong international sales and better-than-expected earnings per share of $0.81. Meanwhile, Stifel maintained a Hold rating with a $68 target, noting modest EBITDA growth since the acquisition of Popeyes in 2017.
These developments underscore the diverse perspectives among analysts regarding Restaurant Brands International’s strategic moves and financial health. Investors will be closely watching how these factors play out in the company’s ongoing efforts to navigate a competitive landscape.
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