Four Directors at Restaurant Brands International Inc sold after exercising options/sold 290,000 shares at between 74.611USD and 75.415USD. The significance rating of the trade was 72/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretio...
The general evaluation of RESTAURANT BRANDS INTL. (CA), a company active in the Restaurants & Bars industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date April 5, 2022, the closing ...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
Not too bullish, not too bearish Despite several indexes recently touching new 52+ week highs, broad global indexes (MSCI ACWI, ACWI ex-US, EAFE, and EM) remain near logical resistance, and indicators continue to send mixed signals. As a result we are hesitant to get too bullish or bearish. Instead we want to focus on Sector/Group/industry themes where we bottoming price and RS, or attractive pullback opportunities within established price and RS uptrends. Below we highlight some of these theme...
Gold at a critical juncture We remain neutral on U.S. equities as the S&P 500 continues its sideways consolidation pattern between support at 2,720-2,730 and resistance at the all-time highs of 2,954. On the bright side, most technical indicators that were deteriorating throughout the month of May are now stabilizing - however they are not actually improving. Below we go into further detail, and also highlight the potential return of the gold trade. • Gold at a critical juncture. Gold prices...
Int'l Equity Strategy Global equities staged an impressive rally over the first four months of 2019. The nearly unabated advance allowed the broad major indexes (MSCI ACWI, ACWI ex-US, and EAFE) to break topside critical 14-month downtrends which began in January 2018. Heading into May, YTD uptrends were ubiquitous and market participants were generally of the belief that a US-China trade deal was a foregone conclusion. Then came Trump's May 5th tweets claiming China was attempting to renegotia...
The combination of Burger King, Tim Hortons, and Popeyes Louisiana Kitchen makes Restaurant Brands International the third-largest global quick-service restaurant chain, with meaningful global unit growth and cost-reduction possibilities as well as the potential to add to its brand portfolio over time. As the Popeyes integration continues and management works to refine the Tim Hortons' experience, we believe RBI's longer-term priorities remain relatively straightforward: Combine unit growth and ...
The combination of Burger King, Tim Hortons, and Popeyes Louisiana Kitchen makes Restaurant Brands International the third-largest global quick-service restaurant chain, with meaningful global unit growth and cost-reduction possibilities as well as the potential to add to its brand portfolio over time. As the Popeyes integration continues and management works to refine the Tim Hortons' experience, we believe RBI's longer-term priorities remain relatively straightforward: Combine unit growth and ...
Restaurant Brands International's first-ever investor day on May 15 served two purposes: (1) offering an opportunity to refine the longer-term assumptions behind our discounted cash flow model and (2) getting to know new CEO Jose Cil. While future comps, operating profit growth, and return on invested capital targets would have been welcome, we believe RBI's longer-term unit target of "more than 40,000 restaurants globally over the next 8-10 years" combined with color regarding average unit volu...
Restaurant Brands International's first-ever investor day on May 15 served two purposes: (1) offering an opportunity to refine the longer-term assumptions behind our discounted cash flow model and (2) getting to know new CEO Jose Cil. While future comps, operating profit growth, and return on invested capital targets would have been welcome, we believe RBI's longer-term unit target of "more than 40,000 restaurants globally over the next 8-10 years" combined with color regarding average unit volu...
Restaurant Brands International's first-ever investor day on May 15 served two purposes: (1) offering an opportunity to refine the longer-term assumptions behind our discounted cash flow model and (2) getting to know new CEO Jose Cil. While future comps, operating profit growth, and return on invested capital targets would have been welcome, we believe RBI's longer-term unit target of "more than 40,000 restaurants globally over the next 8-10 years" combined with color regarding average unit volu...
Restaurant Brands International's first-ever investor day on May 15 served two purposes: (1) offering an opportunity to refine the longer-term assumptions behind our discounted cash flow model and (2) getting to know new CEO Jose Cil. While future comps, operating profit growth, and return on invested capital targets would have been welcome, we believe RBI's longer-term unit target of "more than 40,000 restaurants globally over the next 8-10 years" combined with color regarding average unit volu...
Restaurant Brands International's first-ever investor day on May 15 served two purposes: (1) offering an opportunity to refine the longer-term assumptions behind our discounted cash flow model and (2) getting to know new CEO Jose Cil. While future comps, operating profit growth, and return on invested capital targets would have been welcome, we believe RBI's longer-term unit target of "more than 40,000 restaurants globally over the next 8-10 years" combined with color regarding average unit volu...
Restaurant Brands International's first-ever investor day on May 15 served two purposes: (1) offering an opportunity to refine the longer-term assumptions behind our discounted cash flow model and (2) getting to know new CEO Jose Cil. While future comps, operating profit growth, and return on invested capital targets would have been welcome, we believe RBI's longer-term unit target of "more than 40,000 restaurants globally over the next 8-10 years" combined with color regarding average unit volu...
Two items stood out to us from narrow-moat Restaurant Brands' first-quarter update: (1) the slowdown in Tim Hortons' comps after a strong finish to last year; and (2) weaker-than-expected unit growth and comps for Burger King U.S. While specific items were behind the uneven results and we still maintain a positive long-term bias, the update underscores the competitive backdrop facing restaurants in 2019. Tim Hortons' concerns are garnering the most headlines, including a 0.4% decline in Canada...
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