Del Taco Restaurants, Inc develops, franchises, owns, and operates Del Taco quick-service Mexican-American restaurants in the United States. The company's restaurants offer Mexican inspired and American classic dishes. As of December 10, 2018, it operated approximately 560 restaurants across 14 states. The company was founded in 1964 and is headquartered in Lake Forest, California.
Industry, Sector and Symbol
Industry Eating places
Sub-IndustryN/A
SectorRetail/Wholesale
Phone949-462-9300
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$505.49 million
Profitability
Miscellaneous
Employees7,544
Next Earnings Date10/21/2019 (Confirmed)
OptionableOptionable
Del Taco Restaurants (NASDAQ:TACO) Frequently Asked Questions
What is Del Taco Restaurants' stock symbol?
Del Taco Restaurants trades on the NASDAQ under the ticker symbol "TACO."
How were Del Taco Restaurants' earnings last quarter?
Del Taco Restaurants Inc (NASDAQ:TACO) released its earnings results on Monday, July, 29th. The restaurant operator reported $0.13 earnings per share for the quarter, hitting analysts' consensus estimates of $0.13. The restaurant operator earned $121.50 million during the quarter, compared to the consensus estimate of $120.37 million. Del Taco Restaurants had a return on equity of 4.62% and a net margin of 2.94%. The firm's revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.14 earnings per share. View Del Taco Restaurants' Earnings History.
When is Del Taco Restaurants' next earnings date?
What guidance has Del Taco Restaurants issued on next quarter's earnings?
Del Taco Restaurants updated its FY19 earnings guidance on Monday, October, 21st. The company provided EPS guidance of $0.44-0.47 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.50. The company issued revenue guidance of $512-515 million, compared to the consensus revenue estimate of $514.26 million.
What price target have analysts set for TACO?
3 Wall Street analysts have issued 1 year price targets for Del Taco Restaurants' stock. Their forecasts range from $13.00 to $15.00. On average, they anticipate Del Taco Restaurants' stock price to reach $14.00 in the next year. This suggests a possible upside of 44.9% from the stock's current price. View Analyst Price Targets for Del Taco Restaurants.
What is the consensus analysts' recommendation for Del Taco Restaurants?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Del Taco Restaurants in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Del Taco Restaurants.
What are Wall Street analysts saying about Del Taco Restaurants stock?
Here are some recent quotes from research analysts about Del Taco Restaurants stock:
- 1. Maxim Group analysts commented, "We maintain our Buy rating and $15 price target on Del Taco (TACO) following yesterday’s mixed 2Q19 (June) earnings report." (7/31/2019)
- 2. According to Zacks Investment Research, "Del Taco is the second largest Mexican-American QSR chain by units in the United States, serving more than three million guests each week. At Del Taco, menu items are made to order with fresh ingredients, including Cheddar cheese grated from 40-pound blocks, handmade pico de gallo salsa, lard-free beans slow-cooked from scratch, and marinated chicken grilled in the restaurant. The menu includes classic Mexican dishes such as tacos, burritos, quesadillas and nachos as well as American favorites including hamburgers, crinkle-cut fries and shakes. The company was founded on June 30, 2015 and is headquartered in Lake Forest, CA. " (5/21/2019)
Has Del Taco Restaurants been receiving favorable news coverage?
News headlines about TACO stock have trended somewhat positive on Monday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Del Taco Restaurants earned a coverage optimism score of 0.8 on InfoTrie's scale. They also assigned headlines about the restaurant operator a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Del Taco Restaurants.
Who are some of Del Taco Restaurants' key competitors?
Some companies that are related to Del Taco Restaurants include Denny's (DENN), Dine Brands Global (DIN), Dave & Buster's Entertainment (PLAY), BJ's Restaurants (BJRI), Bojangles (BOJA), Ruth's Hospitality Group (RUTH), El Pollo LoCo (LOCO), Red Robin Gourmet Burgers (RRGB), Chuy's (CHUY), Carrols Restaurant Group (TAST), Nathan's Famous (NATH), Del Frisco's Restaurant Group (DFRG), Fiesta Restaurant Group (FRGI), Noodles & Co (NDLS) and Habit Restaurants (HABT).
What other stocks do shareholders of Del Taco Restaurants own?
Who are Del Taco Restaurants' key executives?
Del Taco Restaurants' management team includes the folowing people:
- Mr. John D. Cappasola Jr., CEO, Pres & Director (Age 45)
- Mr. Steven L. Brake, Exec. VP & CFO (Age 46)
- Mr. David A. Pear, Sr. VP of Operations (Age 55)
- Jack T. Tang, Gen. Counsel & Sec.
- Mr. Jeff Little, Sr. VP of Devel.
Who are Del Taco Restaurants' major shareholders?
Del Taco Restaurants' stock is owned by a number of of retail and institutional investors. Top institutional investors include North Star Investment Management Corp. (0.67%), Assenagon Asset Management S.A. (0.14%) and Rothschild Investment Corp IL (0.10%). Company insiders that own Del Taco Restaurants stock include David Pear, Eileen A Aptman, John D Jr Cappasola, Lawrence F Levy and Patrick Walsh. View Institutional Ownership Trends for Del Taco Restaurants.
Which major investors are selling Del Taco Restaurants stock?
How do I buy shares of Del Taco Restaurants?
Shares of TACO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Del Taco Restaurants' stock price today?
One share of TACO stock can currently be purchased for approximately $9.66.
How big of a company is Del Taco Restaurants?
Del Taco Restaurants has a market capitalization of $357.96 million and generates $505.49 million in revenue each year. The restaurant operator earns $18.96 million in net income (profit) each year or $0.56 on an earnings per share basis. Del Taco Restaurants employs 7,544 workers across the globe.View Additional Information About Del Taco Restaurants.
What is Del Taco Restaurants' official website?
How can I contact Del Taco Restaurants?
Del Taco Restaurants' mailing address is 25521 COMMERCENTRE DRIVE, LAKE FOREST CA, 92630. The restaurant operator can be reached via phone at 949-462-9300 or via email at [email protected]
MarketBeat Community Rating for Del Taco Restaurants (NASDAQ TACO)
| Community Ranking: | | 2.7 out of 5 ( ) |
| Outperform Votes: | | 335 (Thanks for Voting!) |
| Underperform Votes: | | 292 (Thanks for Voting!) |
| Total Votes: | | 627 |
