NASDAQ:TACODel Taco Restaurants Stock Price, Forecast & News

Del Taco Restaurants' stock was trading at $4.74 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TACO shares have increased by 50.0% and is now trading at $7.11. 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) released its quarterly earnings data on Monday, May, 4th. The restaurant operator reported ($0.01) earnings per share 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 positive return on equity of 4.51% and a negative net margin of 43.69%. View Del Taco Restaurants' earnings history.

Del Taco Restaurants updated its FY20 earnings guidance on Wednesday, March, 11th. The company provided earnings per share (EPS) guidance of $0.35-0.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.47. The company issued revenue guidance of $503-513 million, compared to the consensus revenue estimate of $504.74 million.

3 analysts have issued 1-year target prices for Del Taco Restaurants' shares. Their forecasts range from $6.00 to $14.00. On average, they anticipate Del Taco Restaurants' share price to reach $9.50 in the next twelve months. This suggests a possible upside of 33.6% from the stock's current price. View analysts' price targets for Del Taco Restaurants.

Press coverage about TACO stock has been trending negative recently, InfoTrie reports. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Del Taco Restaurants earned a news sentiment score of -2.2 on InfoTrie's scale. They also gave press coverage about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutDel Taco Restaurants.

Del Taco Restaurants saw a increase in short interest in April. As of April 30th, there was short interest totaling 1,690,000 shares, an increase of 27.1% from the April 15th total of 1,330,000 shares. Based on an average daily trading volume, of 699,600 shares, the short-interest ratio is currently 2.4 days. Approximately 5.3% 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), Denny's (DENN), Dave & Buster's Entertainment (PLAY), BJ's Restaurants (BJRI), El Pollo LoCo (LOCO), Habit Restaurants (HABT), Chuy's (CHUY), Noodles & Co (NDLS), Del Frisco's Restaurant Group (DFRG), Ruth's Hospitality Group (RUTH), Carrols Restaurant Group (TAST), Fiesta Restaurant Group (FRGI), Nathan's Famous (NATH) 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."

Del Taco Restaurants' stock is owned by a variety of retail and institutional investors. Top institutional investors include Russell Investments Group Ltd. (10.64%), BlackRock Inc. (6.61%), THB Asset Management (1.62%), UBS Group AG (1.58%), State Street Corp (1.55%) and Geode Capital Management LLC (1.32%). Company insiders that own Del Taco Restaurants stock include David Pear, Eileen A Aptman, John D Jr Cappasola 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 Managed Asset Portfolios LLC, Emerald Advisers LLC, Squarepoint Ops LLC, Bank of New York Mellon Corp, Two Sigma Advisers LP, WINTON GROUP Ltd, State Street Corp, and First Trust Advisors LP. 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 Russell Investments Group Ltd., Parametric Portfolio Associates LLC, UBS Group AG, THB Asset Management, BlackRock Inc., Morgan Stanley, Quinn Opportunity Partners LLC, and Alta Capital Management LLC. Company insiders that have bought Del Taco Restaurants stock in the last two years include 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 $7.11.

Del Taco Restaurants has a market capitalization of $263.65 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]