NASDAQ:TAST Carrols Restaurant Group - TAST Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Carrols Restaurant Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $2.12 +0.03 (+1.44%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$2.08▼$2.1750-Day Range$1.36▼$2.1952-Week Range$1.28▼$3.01Volume89,290 shsAverage Volume161,549 shsMarket Capitalization$112.94 millionP/E RatioN/ADividend YieldN/APrice Target$3.50 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Carrols Restaurant Group MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside65.1% Upside$3.50 Price TargetShort InterestHealthy1.06% of Float Sold ShortDividend StrengthN/ASustainability-2.49Upright™ Environmental ScoreNews Sentiment1.08Based on 3 Articles This WeekInsider TradingAcquiring Shares$24,820 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.84) to ($0.40) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.51 out of 5 starsRetail/Wholesale Sector41st out of 215 stocksEating Places Industry9th out of 42 stocks 3.5 Analyst's Opinion Consensus RatingCarrols Restaurant Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.50, Carrols Restaurant Group has a forecasted upside of 65.1% from its current price of $2.12.Amount of Analyst CoverageCarrols Restaurant Group has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.06% of the float of Carrols Restaurant Group has been sold short.Short Interest Ratio / Days to CoverCarrols Restaurant Group has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Carrols Restaurant Group has recently increased by 6.27%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCarrols Restaurant Group does not currently pay a dividend.Dividend GrowthCarrols Restaurant Group does not have a long track record of dividend growth. Previous Next 1.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCarrols Restaurant Group has received a -7.84% net impact score from Upright. The largest negative impact of Carrols Restaurant in category "Physical diseases" seems to be driven mostly by its "Sugar-sweetened soft drinks in recycled cans", "Milkshakes", "Non-dairy sweet baked goods", "Chicken nuggets", "Fried chicken", and "Fast food hamburgers with chicken" products. See details.Environmental SustainabilityThe Environmental Impact score for Carrols Restaurant Group is -2.49. Previous Next 3.9 News and Social Media Coverage News SentimentCarrols Restaurant Group has a news sentiment score of 1.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Carrols Restaurant Group this week, compared to 0 articles on an average week.Search Interest2 people have searched for TAST on MarketBeat in the last 30 days. MarketBeat Follows2 people have added Carrols Restaurant Group to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Carrols Restaurant Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $24,820.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders33.20% of the stock of Carrols Restaurant Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 27.67% of the stock of Carrols Restaurant Group is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Carrols Restaurant Group are expected to grow in the coming year, from ($0.84) to ($0.40) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Carrols Restaurant Group is -1.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Carrols Restaurant Group is -1.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCarrols Restaurant Group has a P/B Ratio of 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Carrols Restaurant Group (NASDAQ:TAST) StockCarrols Restaurant Group, Inc. engages in the operation of restaurants under the Burger King and Popeyes brands. It serves flame-broiled whopper sandwich, hamburgers, chicken and other specialty sandwiches, fries, salads, breakfast items, smoothies, frappes, and other snacks. The company was founded in 1960 and is headquartered in Syracuse, NY.Read More Receive TAST Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Carrols Restaurant Group and its competitors with MarketBeat's FREE daily newsletter. Email Address TAST Stock News HeadlinesJanuary 24, 2023 | americanbankingnews.comFirst Watch Restaurant Group (NASDAQ:FWRG) & Carrols Restaurant Group (NASDAQ:TAST) Head-To-Head ContrastJanuary 14, 2023 | finance.yahoo.comCarrols Restaurant Group, Inc.'s (NASDAQ:TAST) largest shareholders are individual investors who were rewarded as market cap surged US$26m last weekJanuary 27, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 9, 2023 | markets.businessinsider.comCarrols Restaurant Preliminary FY22 Restaurant Sales RiseJanuary 9, 2023 | finance.yahoo.comCarrols Restaurant Group, Inc. Reports Preliminary Sales Results for the Fourth Quarter and Full Year 2022January 3, 2023 | marketwatch.comCarrols Restaurant President, CEO Paulo Pena Dies >TASTJanuary 3, 2023 | finance.yahoo.comCarrols Restaurant Group, Inc. Announces the Passing of President and Chief Executive Officer Paulo A. PenaNovember 11, 2022 | finance.yahoo.comCarrols Restaurant Group Third Quarter 2022 Earnings: EPS Beats ExpectationsJanuary 27, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…October 18, 2022 | finance.yahoo.comCarrols Restaurant Group, Inc. to Announce Third Quarter 2022 Financial Results on November 9, 2022October 13, 2022 | finance.yahoo.comEl Pollo Loco (LOCO) Surges 15.7%: Is This an Indication of Further Gains?September 15, 2022 | thestreet.comHere’s Why Carrols Restaurant (TAST) Stock Spiked TodaySeptember 14, 2022 | finance.yahoo.comCarrols Restaurant Group, Inc. (TAST)September 6, 2022 | thestreet.comWhy Carrols Restaurant Group (TAST) Stock Is Down On TuesdayAugust 11, 2022 | seekingalpha.comCarrols Restaurant Group, Inc. (TAST) CEO Paulo Pena on Q2 2022 Results - Earnings Call TranscriptAugust 11, 2022 | finance.yahoo.comCarrols Restaurant Group, Inc. Reports Financial Results for the Second Quarter 2022August 11, 2022 | finance.yahoo.comCarrols Restaurant Group (TAST) Reports Q2 Loss, Tops Revenue EstimatesJuly 28, 2022 | finance.yahoo.comCarrols Restaurant Group, Inc. to Announce Second Quarter 2022 Financial Results on August 11, 2022July 3, 2022 | seekingalpha.comCarrols Restaurant Group: A High-Risk Bet On The Restaurant SpaceJune 22, 2022 | finance.yahoo.comCarrols Restaurant Group, Inc. Appoints Ahmad Filsoof as Vice President of Strategic InitiativesJune 7, 2022 | finance.yahoo.comCould The Carrols Restaurant Group, Inc. (NASDAQ:TAST) Ownership Structure Tell Us Something Useful?May 12, 2022 | finance.yahoo.comCarrols Restaurant Reports Mixed Q1 ResultsMay 12, 2022 | marketwatch.comCarrols Restaurant Group 1Q Loss Widens on Rising CostsMay 12, 2022 | seekingalpha.comCarrols Restaurant Group, Inc. (TAST) CEO Paulo Pena on Q1 2022 Results - Earnings Call TranscriptApril 28, 2022 | finance.yahoo.comCarrols Restaurant Group, Inc. to Announce First Quarter 2022 Financial Results on May 12, 2022February 25, 2022 | finance.yahoo.comInflation is forcing a major Burger King franchise to cut back on chicken nuggetsFebruary 24, 2022 | finance.yahoo.comBurger King franchisor reduces number of nuggets in meals to 8 from 10 in effort to combat inflationSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive TAST Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Carrols Restaurant Group and its competitors with MarketBeat's FREE daily newsletter. Email Address TAST Company Calendar Last Earnings11/09/2022Today1/27/2023Next Earnings (Estimated)2/23/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Eating places Sub-IndustryRestaurants SectorRetail/Wholesale Current SymbolNASDAQ:TAST CUSIP14574X10 CIK809248 Webwww.carrols.com Phone(315) 424-0513FaxN/AEmployees25,500Year Founded1960Price Target and Rating Average Stock Price Forecast$3.50 High Stock Price Forecast$4.00 Low Stock Price Forecast$3.00 Forecasted Upside/Downside+65.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($1.44) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-43,030,000.00 Net Margins-4.28% Pretax Margin-5.21% Return on Equity-21.51% Return on Assets-2.46% Debt Debt-to-Equity Ratio2.83 Current Ratio0.32 Quick Ratio0.24 Sales & Book Value Annual Sales$1.65 billion Price / Sales0.07 Cash Flow$1.34 per share Price / Cash Flow1.58 Book Value$4.18 per share Price / Book0.51Miscellaneous Outstanding Shares53,273,000Free Float35,586,000Market Cap$112.94 million OptionableOptionable Beta2.18 Social Links Key ExecutivesAnthony E. HullPresident, CEO, CFO, Treasurer & VPNathan MucherChief Information OfficerRichard G. CrossChief Development Officer & Vice PresidentJared L. LandawSecretary, Vice President & General CounselJoseph HoffmanChief Restaurant OfficerKey CompetitorsRed Robin Gourmet BurgersNASDAQ:RRGBFiesta Restaurant GroupNASDAQ:FRGINathan's FamousNASDAQ:NATHBiglariNYSE:BHFAT BrandsNASDAQ:FATView All CompetitorsInsiders & InstitutionsAssenagon Asset Management S.A.Sold 125,338 shares on 1/12/2023Ownership: 0.196%Paulo A PenaBought 17,000 shares on 12/13/2022Total: $24,820.00 ($1.46/share)BlackRock Inc.Sold 40,416 shares on 11/15/2022Ownership: 1.068%Price T Rowe Associates Inc. MDBought 19,200 shares on 11/15/2022Ownership: 0.208%Two Sigma Advisers LPSold 33,400 shares on 11/15/2022Ownership: 0.141%View All Insider TransactionsView All Institutional Transactions TAST Stock - Frequently Asked Questions Should I buy or sell Carrols Restaurant Group stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Carrols Restaurant Group in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TAST shares. View TAST analyst ratings or view top-rated stocks. What is Carrols Restaurant Group's stock price forecast for 2023? 2 equities research analysts have issued 12-month price targets for Carrols Restaurant Group's shares. Their TAST share price forecasts range from $3.00 to $4.00. On average, they anticipate the company's stock price to reach $3.50 in the next year. This suggests a possible upside of 64.3% from the stock's current price. View analysts price targets for TAST or view top-rated stocks among Wall Street analysts. How have TAST shares performed in 2023? Carrols Restaurant Group's stock was trading at $1.36 at the start of the year. Since then, TAST stock has increased by 56.6% and is now trading at $2.13. View the best growth stocks for 2023 here. When is Carrols Restaurant Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023. View our TAST earnings forecast. How were Carrols Restaurant Group's earnings last quarter? Carrols Restaurant Group, Inc. (NASDAQ:TAST) issued its quarterly earnings data on Wednesday, November, 9th. The restaurant operator reported ($0.14) EPS for the quarter, beating analysts' consensus estimates of ($0.19) by $0.05. The restaurant operator earned $443.96 million during the quarter, compared to analyst estimates of $441.29 million. Carrols Restaurant Group had a negative trailing twelve-month return on equity of 21.51% and a negative net margin of 4.28%. What guidance has Carrols Restaurant Group issued on next quarter's earnings? Carrols Restaurant Group updated its fourth quarter 2022 earnings guidance on Monday, January, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $445.10 million-$445.10 million, compared to the consensus revenue estimate of $433.15 million. What is Dan Accordino's approval rating as Carrols Restaurant Group's CEO? 56 employees have rated Carrols Restaurant Group Chief Executive Officer Dan Accordino on Glassdoor.com. Dan Accordino has an approval rating of 78% among the company's employees. What other stocks do shareholders of Carrols Restaurant Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Carrols Restaurant Group investors own include Gran Tierra Energy (GTE), Pennsylvania Real Estate Investment Trust (PEI), CNBX Pharmaceuticals (CNBX), DHT (DHT), Hallador Energy (HNRG), Matinas BioPharma (MTNB), EnLink Midstream (ENLC), Novan (NOVN), Washington Prime Group (WPG) and Zosano Pharma (ZSAN). What is Carrols Restaurant Group's stock symbol? Carrols Restaurant Group trades on the NASDAQ under the ticker symbol "TAST." Who are Carrols Restaurant Group's major shareholders? Carrols Restaurant Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.20%). Insiders that own company stock include David Harris, Jared L Landaw, Markus Hartmann, Matthew Terker Perelman, Nathan Mucher and Paulo A Pena. View institutional ownership trends. How do I buy shares of Carrols Restaurant Group? Shares of TAST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Carrols Restaurant Group's stock price today? One share of TAST stock can currently be purchased for approximately $2.13. How much money does Carrols Restaurant Group make? Carrols Restaurant Group (NASDAQ:TAST) has a market capitalization of $113.47 million and generates $1.65 billion in revenue each year. The restaurant operator earns $-43,030,000.00 in net income (profit) each year or ($1.44) on an earnings per share basis. How many employees does Carrols Restaurant Group have? The company employs 25,500 workers across the globe. Does Carrols Restaurant Group have any subsidiaries? The following companies are subsidiares of Carrols Restaurant Group: Carrols Corporation, Carrols LLC, and Republic Foods Inc..Read More How can I contact Carrols Restaurant Group? Carrols Restaurant Group's mailing address is 968 JAMES STREET, SYRACUSE NY, 13203. The official website for the company is www.carrols.com. The restaurant operator can be reached via phone at (315) 424-0513 or via email at investorrelations@carrols.com. This page (NASDAQ:TAST) was last updated on 1/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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