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Restaurant Brands (QSR) Looks Good: Stock Adds 5.2% in Session
Restaurant Brands International Inc. (QSR - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 2% in the past one-month time frame.
The move came after the company reported strong first-quarter 2018 results.
The company has seen a mixed track record when it comes to estimate revisions of one increase and three decreases over the past few weeks, while the Zacks Consensus Estimate for the current quarterremained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Restaurant Brands currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Restaurant Brands International Inc. Price
Restaurant Brands International Inc. Price | Restaurant Brands International Inc. Quote
A better-ranked stock in the Retail - Restaurants industry is Arcos Dorados Holdings Inc. (ARCO - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is QSR going up? Or down? Predict to see what others think: Up or Down
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