NASDAQ:TACO - Del Taco Restaurants Stock Price, Forecast & News

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

Del Taco Restaurants Inc (NASDAQ:TACO) issued its quarterly earnings data on Monday, October, 21st. The restaurant operator reported $0.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.14 by $0.04. The restaurant operator earned $120.20 million during the quarter, compared to analyst estimates of $119.27 million. Del Taco Restaurants had a net margin of 0.29% and a return on equity of 4.11%. The business's quarterly revenue was up 2.0% compared to the same quarter last year. During the same period last year, the firm earned $0.15 EPS. View Del Taco Restaurants' Earnings History.

Del Taco Restaurants is scheduled to release their next quarterly earnings announcement on Wednesday, March 11th 2020. View Earnings Estimates for Del Taco Restaurants.

Del Taco Restaurants will be holding an earnings conference call on Wednesday, March 11th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 analysts have issued 12 month price targets for Del Taco Restaurants' stock. Their forecasts range from $11.00 to $14.00. On average, they anticipate Del Taco Restaurants' stock price to reach $12.50 in the next twelve months. This suggests a possible upside of 95.3% from the stock's current price. View Analyst Price Targets for Del Taco Restaurants.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Del Taco Restaurants in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Del Taco Restaurants.

News headlines about TACO stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Del Taco Restaurants earned a media sentiment score of -4.0 on InfoTrie's scale. They also assigned news articles about the restaurant operator a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the next few days. View News Stories for Del Taco Restaurants.

Del Taco Restaurants saw a decrease in short interest in February. As of February 14th, there was short interest totalling 1,930,000 shares, a decrease of 10.2% from the January 30th total of 2,150,000 shares. Based on an average daily volume of 380,700 shares, the days-to-cover ratio is presently 5.1 days. Currently, 6.0% of the shares of the company are short sold. View Del Taco Restaurants' Current Options Chain.

Some companies that are related to Del Taco Restaurants include BJ's Restaurants (BJRI), Bojangles (BOJA), Ruth's Hospitality Group (RUTH), El Pollo LoCo (LOCO), Habit Restaurants (HABT), Noodles & Co (NDLS), Chuy's (CHUY), Red Robin Gourmet Burgers (RRGB), Del Frisco's Restaurant Group (DFRG), Fiesta Restaurant Group (FRGI), Nathan's Famous (NATH), Carrols Restaurant Group (TAST), RCI Hospitality (RICK), Kura Sushi USA (KRUS) and J Alexanders (JAX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Del Taco Restaurants investors own include Freeport-McMoRan (FCX), Energy Transfer LP Unit (ET), Ford Motor (F), Centurylink (CTL), AVEO Pharmaceuticals (AVEO), General Electric (GE), Airgain (AIRG), Martin Midstream Partners (MMLP), CBL & Associates Properties (CBL) and Inseego (INSG).

Del Taco Restaurants' stock is owned by a number of of institutional and retail investors. Top institutional investors include Belfer Management LLC (9.54%), Russell Investments Group Ltd. (8.33%), Managed Asset Portfolios LLC (4.92%), Emerald Mutual Fund Advisers Trust (2.28%), Emerald Advisers LLC (2.13%) and Renaissance Technologies LLC (1.79%). Company insiders that own Del Taco Restaurants stock include David Pear, Eileen A Aptman, John D Jr Cappasola and Patrick Walsh. View Institutional Ownership Trends for Del Taco Restaurants.

TACO stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Rothschild & Co. Asset Management US Inc., UBS Asset Management Americas Inc., Barclays PLC, Renaissance Technologies LLC, Martingale Asset Management L P, Jefferies Group LLC and Bessemer Group Inc.. View Insider Buying and Selling for Del Taco Restaurants.

TACO stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Managed Asset Portfolios LLC, Belfer Management LLC, UBS Group AG, Prudential Financial Inc., Boston Partners, Catalyst Capital Advisors LLC and North Star Investment Management Corp.. Company insiders that have bought Del Taco Restaurants stock in the last two years include Eileen A Aptman and Patrick Walsh. View Insider Buying and Selling 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 $6.40.

Del Taco Restaurants has a market capitalization of $237.18 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.

The official website for Del Taco Restaurants is http://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]