NASDAQ:TACODel Taco Restaurants Stock Price, Forecast & News

Del Taco Restaurants' stock was trading at $4.74 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TACO stock has increased by 29.3% and is now trading at $6.13. View which stocks have been most impacted by Coronavirus.

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.

Del Taco Restaurants is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Del Taco Restaurants.

Del Taco Restaurants Inc (NASDAQ:TACO) issued its earnings results on Monday, May, 4th. The restaurant operator reported ($0.01) earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of ($0.01). The restaurant operator earned $109.81 million during the quarter, compared to the consensus estimate of $105.64 million. Del Taco Restaurants had a negative net margin of 43.69% and a positive return on equity of 4.51%. View Del Taco Restaurants' earnings history.

Del Taco Restaurants updated its second quarter 2020 Pre-Market earnings guidance on Wednesday, June, 24th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $104.5-104.5 million, compared to the consensus revenue estimate of $97.47 million.

3 equities research analysts have issued twelve-month price objectives for Del Taco Restaurants' stock. Their forecasts range from $6.00 to $14.00. On average, they expect Del Taco Restaurants' stock price to reach $9.50 in the next twelve months. This suggests a possible upside of 55.0% from the stock's current price. View analysts' price targets for Del Taco Restaurants.

News headlines about TACO stock have trended very negative recently, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Del Taco Restaurants earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned headlines about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about Del Taco Restaurants.

Del Taco Restaurants saw a decrease in short interest in June. As of June 15th, there was short interest totaling 1,060,000 shares, a decrease of 25.9% from the May 31st total of 1,430,000 shares. Based on an average daily volume of 899,800 shares, the days-to-cover ratio is presently 1.2 days. Currently, 3.3% of the company's stock are sold short. View Del Taco Restaurants' Current Options Chain.

Some companies that are related to Del Taco Restaurants include Arcos Dorados (ARCO), Dine Brands Global (DIN), Dave & Buster's Entertainment (PLAY), Denny's (DENN), El Pollo LoCo (LOCO), BJ's Restaurants (BJRI), Noodles & Co (NDLS), Del Frisco's Restaurant Group (DFRG), Carrols Restaurant Group (TAST), Chuy's (CHUY), Ruth's Hospitality Group (RUTH), Nathan's Famous (NATH), Livexlive Media (LIVX), Fiesta Restaurant Group (FRGI) and Red Robin Gourmet Burgers (RRGB). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Del Taco Restaurants investors own include Freeport-McMoRan (FCX), Advanced Micro Devices (AMD), Energy Transfer LP Unit (ET), Ford Motor (F), General Electric (GE), Norwegian Cruise Line (NCLH), NVIDIA (NVDA), Alibaba Group (BABA), Carnival (CCL) and Centurylink (CTL).

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

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 $6.13.

Del Taco Restaurants has a market capitalization of $227.30 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]