Ticker (Exchange) – QSR (NYSE)
ISIN – CA76131D1033
Current Price – $72.75
Target Price – $83.67
Growth Potential – 15.0% 🔥
Dividend Yield – 3.2% 💵
Investment Horizon – 1 year
🍔 Restaurant Brands International (RBI) is a Canadian-American multinational corporation managing fast food chains such as Burger King, Tim Hortons, Popeyes, and Firehouse Subs. RBI shows strong financial performance and pays dividends. The fair value of the company's stock is $83.67, with a growth potential of 15% and a dividend yield of 3.2%.
Investment thesis
🔼 Strong Financial Performance. RBI delivered solid results in Q2 2024, with revenue up 17.2% YoY, reaching $2.1b, driven largely by several acquisitions. Comparable sales for the same period increased by 1.9%. Adjusted EPS rose from $0.77 to $0.88. Recent U.S. retail data shows that consumers are spending more on dining, which benefits the company. RBI expects long-term (through 2028) comparable sales growth at a compound annual rate of 3%.
🔼 Attractive Valuation. The company trades at a discount to key competitors such as Yum! Brands, Domino's Pizza, and McDonald's Corporation. With an expected P/E ratio of 21.5, it is also below its own 5-year average.
🔼 Dividends. RBI shares profits with shareholders through dividend payments, offering a solid 3.2% dividend yield.
To open a brokerage account with Unibank Invest, please fill out the application form or contact us at +374 43 004 382.
Disclaimer
The information provided above is not an investment recommendation and does not guarantee or promise profitability. Before investing, you should assess the potential risks and rewards and determine your willingness and ability to accept such risks.
Unibank OJSC is regulated by the Central Bank of Armenia.
ISIN – CA76131D1033
Current Price – $72.75
Target Price – $83.67
Growth Potential – 15.0% 🔥
Dividend Yield – 3.2% 💵
Investment Horizon – 1 year
🍔 Restaurant Brands International (RBI) is a Canadian-American multinational corporation managing fast food chains such as Burger King, Tim Hortons, Popeyes, and Firehouse Subs. RBI shows strong financial performance and pays dividends. The fair value of the company's stock is $83.67, with a growth potential of 15% and a dividend yield of 3.2%.
Investment thesis
🔼 Strong Financial Performance. RBI delivered solid results in Q2 2024, with revenue up 17.2% YoY, reaching $2.1b, driven largely by several acquisitions. Comparable sales for the same period increased by 1.9%. Adjusted EPS rose from $0.77 to $0.88. Recent U.S. retail data shows that consumers are spending more on dining, which benefits the company. RBI expects long-term (through 2028) comparable sales growth at a compound annual rate of 3%.
🔼 Attractive Valuation. The company trades at a discount to key competitors such as Yum! Brands, Domino's Pizza, and McDonald's Corporation. With an expected P/E ratio of 21.5, it is also below its own 5-year average.
🔼 Dividends. RBI shares profits with shareholders through dividend payments, offering a solid 3.2% dividend yield.
To open a brokerage account with Unibank Invest, please fill out the application form or contact us at +374 43 004 382.
Disclaimer
The information provided above is not an investment recommendation and does not guarantee or promise profitability. Before investing, you should assess the potential risks and rewards and determine your willingness and ability to accept such risks.
Unibank OJSC is regulated by the Central Bank of Armenia.
