
Burger King's stock symbol is BKW on the New York Stock Exchange (NYSE).
Burger King's market trends are influenced by the fast-food industry's overall performance.
The company's parent, Restaurant Brands International (RBI), has seen a steady increase in revenue over the past few years.
RBI's revenue growth is largely driven by Burger King's expanding global presence and menu innovation.
What is BK Stock Symbol?
The Burger King stock symbol is actually not directly listed, but rather it's part of the parent company Restaurant Brands International.
Restaurant Brands International is the parent company to Burger King, among other successful international restaurant chains.
The stock symbol for Restaurant Brands International is QSR, and it's publicly traded on the New York Stock Exchange (NYSE) and the Toronto Stock Exchange (TSE).
This means that if you choose to invest in QSR, you'll get exposure to three successful international restaurant chains: Burger King, Popeyes, and Tim Hortons.
Restaurant Brands International is the fifth-largest operator of fast-food restaurants worldwide.
BK Stock Performance
BK Stock Performance can be a bit volatile, considering Restaurant Brands International Inc., the parent company of Burger King, saw a 10% decline in its stock price since the beginning of the year.
The current price of around $68 per share indicates a potential buying opportunity, especially for investors who believe in the company's fundamentals.
Restaurant Brands International has a stable topline growth, adequate cash levels, and a diversified business portfolio, making it a top-tier stock.
Despite technical weaknesses, buying opportunities are increasing, suggesting that the stock could be ready to rebound.
Investors should keep an eye on the company's performance to determine if it's a good time to invest in BK stock.
Analyst Forecast and Outlook
Analysts are optimistic about the future of Burger King stock, with an average rating of "Buy" from 23 experts.
The 12-month stock price forecast is a promising $80.98, which represents a significant increase of 29.76% from the latest price.
Restaurant Brands International
Restaurant Brands International has had a lackluster 12 months, with the stock virtually flat in that time. The company's comparable sales growth has been slowing throughout the year.
The slowdown in comparable sales growth is a concern for investors. Restaurant Brands International's stock has taken a hit, declining by 10% since the beginning of this year.
At the current price of around $68 per share, we believe Restaurant Brands International stock is ready to rebound. The company's stock has been trading at this price for a while now.
The slowdown in comparable sales growth has been a trend throughout the year, including in the company's most recent quarter.
Frequently Asked Questions
When did Burger King go public?
Burger King went public on May 18, 2006, with a record-breaking IPO. This historic stock sale raised $425 million, making it the largest IPO of a US-based restaurant chain at the time.
Sources
- https://optionstradingiq.com/burger-king-stock/
- https://stockanalysis.com/stocks/qsr/
- https://www.marketscreener.com/quote/stock/BURGER-KING-HOLDINGS-INC-17064/
- https://www.cspdailynews.com/foodservice/tim-hortons-burger-king-now-restaurant-brands-international
- https://www.advfn.com/stock-market/NYSE/BKC/stock-price
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