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

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

Carrols Restaurant Group Inc (NASDAQ:TAST) posted its earnings results on Wednesday, May, 8th. The restaurant operator reported ($0.29) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.16) by $0.13. The restaurant operator earned $290.80 million during the quarter, compared to analyst estimates of $292.51 million. Carrols Restaurant Group had a return on equity of 3.29% and a net margin of 0.15%. The company's revenue was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.08) EPS. View Carrols Restaurant Group's Earnings History.

Carrols Restaurant Group is scheduled to release their next quarterly earnings announcement on Tuesday, August 6th 2019. View Earnings Estimates for Carrols Restaurant Group.

Carrols Restaurant Group updated its FY 2019 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.25-1.28 billion, compared to the consensus revenue estimate of $1.37 billion.

4 brokerages have issued 1-year price objectives for Carrols Restaurant Group's stock. Their predictions range from $13.50 to $19.00. On average, they expect Carrols Restaurant Group's share price to reach $15.6250 in the next year. This suggests a possible upside of 79.2% from the stock's current price. View Analyst Price Targets for Carrols Restaurant Group.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carrols Restaurant Group in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Carrols Restaurant Group.

News headlines about TAST stock have been trending neutral recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press 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 nearest to five being the most favorable. Carrols Restaurant Group earned a daily sentiment score of 0.3 on InfoTrie's scale. They also gave news coverage about the restaurant operator a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future.

Some companies that are related to Carrols Restaurant Group include Sonic (SONC), Dine Brands Global (DIN), Papa John's Int'l (PZZA), MITCHELLS &BUTLERS (MBPFF), Arcos Dorados (ARCO), Denny's (DENN), BJ's Restaurants (BJRI), Ruth's Hospitality Group (RUTH), Bojangles (BOJA), Red Robin Gourmet Burgers (RRGB), El Pollo LoCo (LOCO), Del Taco Restaurants (TACO), Fiesta Restaurant Group (FRGI), Chuy's (CHUY) and Noodles & Co (NDLS).

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), First Data (FDC), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), tronc (TRNC), China Unicom (Hong Kong) (CHU) and Ciena (CIEN).

Carrols Restaurant Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.07%), Private Capital Management LLC (5.42%), Dimensional Fund Advisors LP (6.38%), Cannell Capital LLC (4.02%), First Manhattan Co. (3.22%) and Royce & Associates LP (2.77%). Company insiders that own Carrols Restaurant Group stock include Alexander R Sloane, Daniel T Accordino, Paul R Flanders 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 Monarch Partners Asset Management LLC, Half Sky Capital UK Ltd, BlackRock Inc., Man Group plc, First Manhattan Co., Algert Global LLC, PCJ Investment Counsel Ltd. and Cove Street Capital LLC. Company insiders that have sold Carrols Restaurant Group company stock in the last year include Paul R Flanders and William E Myers. View Insider Buying and Selling for Carrols Restaurant Group.

TAST stock was acquired by a variety of institutional investors in the last quarter, including Cannell Capital LLC, Cooper Creek Partners Management LLC, Royce & Associates LP, IndexIQ Advisors LLC, Marshall Wace North America L.P., Private Capital Management LLC, Continental Grain Co. and Parametric Portfolio Associates 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, Scottrade, Fidelity and Charles Schwab.

One share of TAST stock can currently be purchased for approximately $8.72.

Carrols Restaurant Group has a market capitalization of $386.92 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.

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]