NASDAQ:TAST - Carrols Restaurant Group Stock Price, Forecast & News

Carrols Restaurant Group trades on the NASDAQ under the ticker symbol "TAST."

Carrols Restaurant Group Inc (NASDAQ:TAST) posted its quarterly earnings data on Thursday, November, 7th. The restaurant operator reported ($0.09) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.10 by $0.19. The restaurant operator had revenue of $398.40 million for the quarter, compared to the consensus estimate of $400.92 million. Carrols Restaurant Group had a negative net margin of 1.48% and a negative return on equity of 3.00%. The business's revenue for the quarter was up 34.1% on a year-over-year basis. During the same quarter last year, the business posted $0.09 EPS. View Carrols Restaurant Group's Earnings History.

Carrols Restaurant Group is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Carrols Restaurant Group.

Carrols Restaurant Group issued an update on its FY 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $$1.44-1.47 billion, compared to the consensus revenue estimate of $$1.46 billion.

5 brokers have issued twelve-month target prices for Carrols Restaurant Group's shares. Their forecasts range from $9.00 to $16.00. On average, they anticipate Carrols Restaurant Group's stock price to reach $11.50 in the next year. This suggests a possible upside of 140.1% from the stock's current price. View Analyst Price Targets for Carrols Restaurant Group.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carrols Restaurant Group in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Carrols Restaurant Group.

News coverage about TAST stock has trended somewhat negative on Monday, according to InfoTrie. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Carrols Restaurant Group earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news headlines about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Carrols Restaurant Group.

Carrols Restaurant Group saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 4,690,000 shares, a decline of 6.2% from the December 15th total of 5,000,000 shares. Based on an average daily volume of 547,500 shares, the short-interest ratio is presently 8.6 days. Currently, 15.8% of the company's stock are sold short. View Carrols Restaurant Group's Current Options Chain.

Some companies that are related to Carrols Restaurant Group include Mcdonald's (MCD), Starbucks (SBUX), Yum! Brands (YUM), Chipotle Mexican Grill (CMG), Darden Restaurants (DRI), Domino's Pizza (DPZ), Dunkin Brands Group (DNKN), Wendys (WEN), Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Papa John's Int'l (PZZA), Jack in the Box (JACK), Bloomin' Brands (BLMN), Cheesecake Factory (CAKE) and Brinker International (EAT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Carrols Restaurant Group investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), AMC Entertainment (AMC), First Data (FDC), Associated British Foods (ABF), Chaarat Gold (CGH), China Unicom (Hong Kong) (CHU), Ciena (CIEN) and Spartan Motors (SPAR).

Carrols Restaurant Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Mesirow Financial Investment Management Inc. (0.12%) and FNY Investment Advisers LLC (0.05%). Company insiders that own Carrols Restaurant Group stock include Alexander R Sloane, Paul R Flanders, Richard G Cross and William E Myers. View Institutional Ownership Trends for Carrols Restaurant Group.

TAST stock was sold by a variety of institutional investors in the last quarter, including Mesirow Financial Investment Management Inc.. View Insider Buying and Selling for Carrols Restaurant Group.

TAST stock was acquired by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC. View Insider Buying and Selling for Carrols Restaurant Group.

Shares of TAST 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 TAST stock can currently be purchased for approximately $4.79.

Carrols Restaurant Group has a market capitalization of $248.36 million and generates $1.18 billion in revenue each year. The restaurant operator earns $10.10 million in net income (profit) each year or $0.30 on an earnings per share basis. Carrols Restaurant Group employs 24,500 workers across the globe.View Additional Information About Carrols Restaurant Group.

The official website for Carrols Restaurant Group is http://www.carrols.com/.

Carrols Restaurant Group's mailing address is 968 JAMES STREET, SYRACUSE NY, 13203. The restaurant operator can be reached via phone at 315-424-0513 or via email at [email protected]