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

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$9.90 -0.10 (-1.00 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$9.90
Today's Range$9.77 - $10.08
52-Week Range$9.45 - $14.83
Volume283,691 shs
Average Volume265,662 shs
Market Capitalization$367.49 million
P/E Ratio17.68
Dividend YieldN/A
Beta0.2
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.

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Industry, Sector and Symbol

Industry Eating places
Sub-IndustryN/A
SectorRetail/Wholesale
Current SymbolNASDAQ:TACO
Previous SymbolNASDAQ:LEVY
CUSIPN/A
Phone949-462-9300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$505.49 million
Cash Flow$1.2329 per share
Book Value$10.76 per share

Profitability

Net Income$49.87 million

Miscellaneous

Employees7,656
Market Cap$367.49 million
Next Earnings Date5/2/2019 (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) released its earnings results on Monday, March, 18th. The restaurant operator reported $0.18 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.19 by $0.01. The restaurant operator earned $157.30 million during the quarter, compared to analyst estimates of $157.01 million. Del Taco Restaurants had a net margin of 3.75% and a return on equity of 5.12%. The firm's quarterly revenue was up 7.4% on a year-over-year basis. During the same period last year, the business posted $0.15 earnings per share. View Del Taco Restaurants' Earnings History.

When is Del Taco Restaurants' next earnings date?

Del Taco Restaurants is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Del Taco Restaurants.

What guidance has Del Taco Restaurants issued on next quarter's earnings?

Del Taco Restaurants issued an update on its FY19 earnings guidance on Monday, March, 18th. The company provided EPS guidance of $0.47-0.52 for the period, compared to the Thomson Reuters consensus estimate of $0.58. The company issued revenue guidance of $517-527 million, compared to the consensus revenue estimate of $518.25 million.Del Taco Restaurants also updated its FY 2019 guidance to $0.47-0.52 EPS.

What price target have analysts set for TACO?

6 brokers have issued 12 month price objectives for Del Taco Restaurants' shares. Their predictions range from $13.00 to $17.00. On average, they anticipate Del Taco Restaurants' stock price to reach $14.6667 in the next year. This suggests a possible upside of 48.1% from the stock's current price. View Analyst Price Targets for Del Taco Restaurants.

What is the consensus analysts' recommendation for Del Taco Restaurants?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Del Taco Restaurants in the last year. There are currently 2 hold ratings 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. 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. " (3/20/2019)
  • 2. Maxim Group analysts commented, "We maintain our Buy rating on Del Taco (TACO), though lower our price target to $15, from $16, following release of disappointing guidance after the release of final 4Q18 (December) results yesterday. TACO’s 4Q18 pro forma EPS were $0.18, below the $0.19 consensus. We reduce our 1Q19 (March) EPS estimate to $0.05, from $0.08 (vs. $0.07 consensus), and our 2019 (December) EPS estimate to $0.54, from $0.62 (vs. $0.58 consensus), as we now expect a negative comp in 1Q19, as well as higher SG&A spending and occupancy costs for the remainder of 2019. Although we lower our 2020 EPS estimate to $0.67, from $0.73 (vs. $0.65 consensus), our forecast represents a 24% jump in EPS driven by anticipated asset sales to franchisees, sustained comp growth, and cost savings." (3/19/2019)

Has Del Taco Restaurants been receiving favorable news coverage?

Media coverage about TACO stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing 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 positive five, with scores nearest to five being the most favorable. Del Taco Restaurants earned a coverage optimism score of 0.6 on InfoTrie's scale. They also gave news coverage about the restaurant operator a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term.

Who are some of Del Taco Restaurants' key competitors?

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 a variety of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.52%), Dimensional Fund Advisors LP (8.52%), BlackRock Inc. (6.44%), Keeley Teton Advisors LLC (3.55%), Emerald Advisers LLC (2.27%) and Boston Partners (1.93%). 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 Royce & Associates LP, Cannell Capital LLC, Millennium Management LLC, Keeley Teton Advisors LLC, Bank of America Corp DE, RK Capital Management LLC, BlackRock Inc. and MUFG Securities EMEA plc. Company insiders that have sold Del Taco Restaurants company stock in the last year include David Pear and John D Jr Cappasola. View Insider Buying and Selling for Del Taco Restaurants.

Which institutional investors are buying Del Taco Restaurants stock?

TACO stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, Western Wealth Management LLC, Rothschild & Co. Asset Management US Inc., Thomson Horstmann & Bryant Inc., North Star Investment Management Corp., California Public Employees Retirement System, Municipal Employees Retirement System of Michigan and Wedbush Securities Inc.. 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 $9.90.

How big of a company is Del Taco Restaurants?

Del Taco Restaurants has a market capitalization of $367.49 million and generates $505.49 million in revenue each year. The restaurant operator earns $49.87 million in net income (profit) each year or $0.56 on an earnings per share basis. Del Taco Restaurants employs 7,656 workers across the globe.

What is Del Taco Restaurants' official website?

The official website for Del Taco Restaurants is http://www.deltaco.com.

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)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  296 (Vote Outperform)
Underperform Votes:  250 (Vote Underperform)
Total Votes:  546
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.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

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