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 Date10/15/2019 (Estimated)
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) issued its quarterly earnings data on Monday, July, 29th. The restaurant operator reported $0.13 earnings per share (EPS) 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 company's quarterly revenue was up 3.1% on a year-over-year basis. During the same period last year, the company earned $0.14 EPS. 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, July, 29th. The company provided earnings per share (EPS) guidance of ~$0.47-0.52 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.51. The company issued revenue guidance of $517-527 million, compared to the consensus revenue estimate of $514.90 million.
What price target have analysts set for TACO?
5 brokerages have issued 1-year target prices for Del Taco Restaurants' stock. Their predictions range from $13.00 to $17.00. On average, they anticipate Del Taco Restaurants' stock price to reach $14.60 in the next year. This suggests a possible upside of 33.1% from the stock's current price. View Analyst Price Targets for Del Taco Restaurants.
What is the consensus analysts' recommendation for Del Taco Restaurants?
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.
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?
Media headlines about TACO stock have been trending negative on Sunday, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Del Taco Restaurants earned a news impact score of -2.3 on InfoTrie's scale. They also assigned media stories about the restaurant operator a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Del Taco Restaurants.
Are investors shorting Del Taco Restaurants?
Del Taco Restaurants saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 2,994,200 shares, an increase of 17.8% from the June 30th total of 2,541,700 shares. Based on an average trading volume of 421,900 shares, the days-to-cover ratio is presently 7.1 days. Approximately 9.5% of the company's shares are short sold. View Del Taco Restaurants' Current Options Chain.
Who are some of Del Taco Restaurants' key competitors?
Some companies that are related to Del Taco Restaurants include Arcos Dorados (ARCO), Dave & Buster's Entertainment (PLAY), Brinker International (EAT), Papa John's Int'l (PZZA), Bloomin' Brands (BLMN), Denny's (DENN), Dine Brands Global (DIN), BJ's Restaurants (BJRI), Bojangles (BOJA), Ruth's Hospitality Group (RUTH), Chuy's (CHUY), Red Robin Gourmet Burgers (RRGB), El Pollo LoCo (LOCO), Carrols Restaurant Group (TAST) and Fiesta Restaurant Group (FRGI).
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 many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.31%), Russell Investments Group Ltd. (4.24%), Vanguard Group Inc. (3.93%), Emerald Advisers LLC (2.33%), Renaissance Technologies LLC (2.23%) and Rothschild & Co. Asset Management US Inc. (2.09%). 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 institutional investors are selling Del Taco Restaurants stock?
TACO stock was sold by a variety of institutional investors in the last quarter, including Keeley Teton Advisors LLC, RK Capital Management LLC, Vanguard Group Inc., Trexquant Investment LP, BlackRock Inc., UBS Asset Management Americas Inc., Invesco Ltd. and Victory Capital Management Inc.. View Insider Buying and Selling for Del Taco Restaurants.
Which institutional investors are buying Del Taco Restaurants stock?
TACO stock was acquired by a variety of institutional investors in the last quarter, including Managed Asset Portfolios LLC, GW&K Investment Management LLC, Marshall Wace LLP, Russell Investments Group Ltd., Coatue Management LLC, Renaissance Technologies LLC, SG Americas Securities LLC and Catalyst Capital Advisors LLC. Company insiders that have bought Del Taco Restaurants stock in the last two years include Eileen A Aptman, Lawrence F Levy and Patrick Walsh. View Insider Buying and Selling for Del Taco Restaurants.
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, Scottrade, Fidelity and Charles Schwab.
What is Del Taco Restaurants' stock price today?
One share of TACO stock can currently be purchased for approximately $10.97.
How big of a company is Del Taco Restaurants?
Del Taco Restaurants has a market capitalization of $406.55 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)
MarketBeat's community ratings are surveys of what our community members think about Del Taco Restaurants and other stocks. Vote "Outperform" if you believe TACO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TACO will underperform the S&P 500 over the long term. You may vote once every thirty days.
