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 shares have increased by 30.6% and is now trading at $6.19. 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 Thursday, July 23rd 2020. View our earnings forecast for Del Taco Restaurants.

Del Taco Restaurants will be holding an earnings conference call on Thursday, July 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Del Taco Restaurants Inc (NASDAQ:TACO) announced its quarterly earnings data on Monday, May, 4th. The restaurant operator reported ($0.01) EPS for the quarter, meeting the Zacks' consensus estimate of ($0.01). The restaurant operator earned $109.81 million during the quarter, compared to analyst estimates 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 issued an update on 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 Wall Street analysts have issued 1 year price targets for Del Taco Restaurants' stock. 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 year. This suggests a possible upside of 53.5% from the stock's current price. View analysts' price targets for Del Taco Restaurants.

News coverage about TACO stock has trended somewhat negative on Saturday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news 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 daily sentiment score of -1.8 on InfoTrie's scale. They also gave media coverage about the restaurant operator a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about Del Taco Restaurants.

Del Taco Restaurants saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 1,060,000 shares, a drop of 25.9% from the May 31st total of 1,430,000 shares. Based on an average trading 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 Bloomin' Brands (BLMN), Dine Brands Global (DIN), Dave & Buster's Entertainment (PLAY), El Pollo LoCo (LOCO), Denny's (DENN), BJ's Restaurants (BJRI), Del Frisco's Restaurant Group (DFRG), Carrols Restaurant Group (TAST), Noodles & Co (NDLS), Livexlive Media (LIVX), Chuy's (CHUY), Nathan's Famous (NATH), Ruth's Hospitality Group (RUTH), Fiesta Restaurant Group (FRGI) and Biglari (BH). 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 $6.19.

Del Taco Restaurants has a market capitalization of $229.53 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]