Del Taco Restaurants Stock Forecast, Price & News

Del Taco Restaurants' stock was trading at $4.74 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TACO stock has increased by 93.0% and is now trading at $9.15.
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5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Del Taco Restaurants in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Del Taco Restaurants.

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Del Taco Restaurants is scheduled to release its next quarterly earnings announcement on Wednesday, March 10th 2021.
View our earnings forecast for Del Taco Restaurants.

Del Taco Restaurants, Inc. (NASDAQ:TACO) issued its quarterly earnings results on Thursday, October, 15th. The restaurant operator reported $0.16 EPS for the quarter, beating the Zacks' consensus estimate of $0.10 by $0.06. The restaurant operator had revenue of $120.78 million for the quarter, compared to the consensus estimate of $120.36 million. Del Taco Restaurants had a negative net margin of 42.94% and a positive return on equity of 5.28%.
View Del Taco Restaurants' earnings history.

Del Taco Restaurants issued an update on its third quarter 2020 After-Hours earnings guidance on Tuesday, September, 15th. The company provided EPS guidance of for the period. The company issued revenue guidance of $120.7-120.7 million, compared to the consensus revenue estimate of $113.6 million.

5 Wall Street analysts have issued 12 month price objectives for Del Taco Restaurants' shares. Their forecasts range from $8.00 to $14.00. On average, they expect Del Taco Restaurants' stock price to reach $11.60 in the next twelve months. This suggests a possible upside of 26.8% from the stock's current price.
View analysts' price targets for Del Taco Restaurants.

Del Taco Restaurants saw a increase in short interest in the month of October. As of October 30th, there was short interest totaling 1,250,000 shares, an increase of 42.0% from the October 15th total of 880,000 shares. Based on an average daily volume of 688,400 shares, the days-to-cover ratio is presently 1.8 days. Currently, 4.0% of the company's shares are sold short.
View Del Taco Restaurants' Short Interest.

Some companies that are related to Del Taco Restaurants include Dave & Buster's Entertainment (PLAY), Dine Brands Global (DIN), Arcos Dorados (ARCO), BJ's Restaurants (BJRI), Denny's (DENN), El Pollo Loco (LOCO), Ruth's Hospitality Group (RUTH), Chuy's (CHUY), Noodles & Company (NDLS), Carrols Restaurant Group (TAST), Fiesta Restaurant Group (FRGI), Red Robin Gourmet Burgers (RRGB), Nathan's Famous (NATH), Biglari (BH) and RCI Hospitality (RICK).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Del Taco Restaurants investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Freeport-McMoRan (FCX), The Boeing (BA), The Walt Disney (DIS), QUALCOMM (QCOM), Ford Motor (F), Intel (INTC), Alibaba Group (BABA) and Energy Transfer (ET).

Del Taco Restaurants trades on the NASDAQ under the ticker symbol "TACO."

Del Taco Restaurants' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (5.92%), Arrowstreet Capital Limited Partnership (1.47%), State Street Corp (1.46%), Wells Fargo & Company MN (1.18%), Charles Schwab Investment Management Inc. (0.95%) and Assenagon Asset Management S.A. (0.77%). Company insiders that own Del Taco Restaurants stock include Ari B Levy, David Pear, Eileen A Aptman and Lawrence F Levy.
View institutional ownership trends for Del Taco Restaurants.

TACO stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Assenagon Asset Management S.A., WINTON GROUP Ltd, Engineers Gate Manager LP, Fuller & Thaler Asset Management Inc., State Street Corp, Squarepoint Ops LLC, and Rothschild Investment Corp IL.
View insider buying and selling activity for Del Taco Restaurants.

TACO stock was bought by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Charles Schwab Investment Management Inc., Wedge Capital Management L L P NC, AQR Capital Management LLC, Boothbay Fund Management LLC, GSA Capital Partners LLP, Cubist Systematic Strategies LLC, and Cadence Capital Management LLC. Company insiders that have bought Del Taco Restaurants stock in the last two years include Ari B Levy, Eileen A Aptman, and Lawrence F Levy.
View insider buying and selling activity for 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.

One share of TACO stock can currently be purchased for approximately $9.15.

Del Taco Restaurants has a market capitalization of $341.52 million and generates $512.95 million in revenue each year. The restaurant operator earns $-118,290,000.00 in net income (profit) each year or $0.47 on an earnings per share basis. Del Taco Restaurants employs 7,844 workers across the globe.

The official website for Del Taco Restaurants is www.deltaco.com.

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]