Restaurant Brands International Hits Day High with Strong 3.43% Intraday Surge

Restaurant Brands International, Inc. has experienced a notable uptick today, gaining 3.43% and reaching an intraday high of CAD 96.43. This performance stands in contrast to the S&P/TSX 60, which recorded a modest increase of 0.51% for the day. Over the past week, the stock has shown a 1.88% rise, although it has lagged slightly behind the S&P/TSX 60's 2.02% performance. In terms of longer-term metrics, Restaurant Brands International has seen a 4.62% increase over the past year, but this is significantly lower than the S&P/TSX 60's impressive 27.5% gain. The company's market capitalization is CAD 31,860 million, placing it firmly in the large-cap category within the leisure services industry. Despite the recent gains, the stock's performance over three years has been less favorable, with a return of 7.89% compared to the S&P/TSX 60's 58.26%. The company's price-to-earnings ratio stands at 19.00, and it currently has a price-to-book value of 6.40, indicating a premium valuation relative to its peers.