NASDAQ:TAST Carrols Restaurant Group (TAST) Stock Forecast, Price & News $5.50 +0.27 (+5.16%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$5.18▼$5.5150-Day Range$2.12▼$5.7252-Week Range$1.31▼$5.83Volume460,364 shsAverage Volume360,549 shsMarket Capitalization$297.33 millionP/E RatioN/ADividend YieldN/APrice Target$5.88 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Carrols Restaurant Group MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside6.8% Upside$5.88 Price TargetShort InterestHealthy1.56% of Float Sold ShortDividend StrengthN/ASustainability-2.49Upright™ Environmental ScoreNews Sentiment0.32Based on 3 Articles This WeekInsider TradingSelling Shares$20,300 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.14) to ($0.02) 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.1.61 out of 5 starsRetail/Wholesale Sector150th out of 213 stocksEating Places Industry35th out of 44 stocks 1.5 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 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.88, Carrols Restaurant Group has a forecasted upside of 6.8% from its current price of $5.50.Amount of Analyst CoverageCarrols Restaurant Group has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.56% 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 1.2, 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 15.95%, 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 3.0 News and Social Media Coverage News SentimentCarrols Restaurant Group has a news sentiment score of 0.32. 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 lower news sentiment than the 0.53 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 1 article on an average week.Search Interest6 people have searched for TAST on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.MarketBeat Follows8 people have added Carrols Restaurant Group to their MarketBeat watchlist in the last 30 days. This is an increase of 60% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Carrols Restaurant Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $20,300.00 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Carrols Restaurant Group are expected to grow in the coming year, from ($0.14) to ($0.02) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Carrols Restaurant Group is -5.19, 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 -5.19, 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 1.96. P/B Ratios below 3 indicates that a company is reasonably valued 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 HeadlinesMay 31, 2023 | americanbankingnews.comCarrols Restaurant Group (NASDAQ:TAST) Stock Price Passes Above Two Hundred Day Moving Average of $2.47May 28, 2023 | msn.comCarrols Restaurant Group: Bad For Your Health And Your PortfolioJune 1, 2023 | UNKNOWN (Ad)Lithium Has Boomed And This American Stock Is Ready..Lithium Has Been On A Crazy Rally Over The Last 3 Year's And This Stock Could Be Next!May 25, 2023 | uk.news.yahoo.comIs Carrols Restaurant Group (TAST) Outperforming Other Retail-Wholesale Stocks This Year?May 24, 2023 | finance.yahoo.comLoss-Making Carrols Restaurant Group, Inc. (NASDAQ:TAST) Set To BreakevenMay 22, 2023 | finance.yahoo.comCarrols Restaurant Group (TAST) is a Great Momentum Stock: Should You Buy?May 17, 2023 | finance.yahoo.comCarrols Restaurant (TAST) is on the Move, Here's Why the Trend Could be SustainableMay 16, 2023 | finance.yahoo.comFast-paced Momentum Stock Carrols Restaurant (TAST) Is Still Trading at a BargainJune 1, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 15, 2023 | americanbankingnews.comStephens Increases Carrols Restaurant Group (NASDAQ:TAST) Price Target to $6.00May 15, 2023 | americanbankingnews.comCarrols Restaurant Group (NASDAQ:TAST) Price Target Raised to $7.50May 13, 2023 | americanbankingnews.comCarrols Restaurant Group (NASDAQ:TAST) Price Target Increased to $6.00 by Analysts at Truist FinancialMay 13, 2023 | americanbankingnews.comCarrols Restaurant Group (NASDAQ:TAST) Upgraded to Buy at StockNews.comMay 13, 2023 | msn.comCraig-Hallum Maintains Carrols Restaurant Group (TAST) Buy RecommendationMay 12, 2023 | markets.businessinsider.com5 Analysts Have This to Say About Carrols Restaurant GroupMay 11, 2023 | finance.yahoo.comCarrols Restaurant Group (TAST) Reports Break-Even Earnings for Q1May 10, 2023 | markets.businessinsider.comWhat Wall Street expects from Carrols Restaurant Group's earningsMay 9, 2023 | americanbankingnews.comCarrols Restaurant Group (TAST) Scheduled to Post Quarterly Earnings on ThursdayMay 4, 2023 | finance.yahoo.comWhat Makes Carrols Restaurant Group (TAST) a Strong Momentum Stock: Buy Now?May 4, 2023 | finance.yahoo.comCarrols Restaurant Group (TAST) May Report Negative Earnings: Know the Trend Ahead of Next Week's ReleaseApril 30, 2023 | americanbankingnews.comCarrols Restaurant Group, Inc. (NASDAQ:TAST) Short Interest Up 25.0% in AprilApril 26, 2023 | finance.yahoo.comWhy Fast-paced Mover Carrols Restaurant (TAST) Is a Great Choice for Value InvestorsApril 24, 2023 | finance.yahoo.comBeat the Market Like Zacks: NVIDIA, Clorox, Procter & Gamble in FocusApril 20, 2023 | finance.yahoo.comCarrols Restaurant Group, Inc. to Announce First Quarter 2023 Financial Results on May 11, 2023April 19, 2023 | msn.comAre Retail-Wholesale Stocks Lagging Carrols Restaurant Group (TAST) This Year?April 19, 2023 | finance.yahoo.comAre Retail-Wholesale Stocks Lagging Carrols Restaurant Group (TAST) This Year?April 18, 2023 | msn.comTruist Securities Maintains Carrols Restaurant Group (TAST) Buy RecommendationSee 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 Earnings11/10/2021Today5/31/2023Next Earnings (Estimated)8/10/2023Fiscal 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/AEmployees24,300Year Founded1960Price Target and Rating Average Stock Price Forecast$5.88 High Stock Price Forecast$7.50 Low Stock Price Forecast$4.00 Forecasted Upside/Downside+8.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($1.06) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-75,570,000.00 Net Margins-3.01% Pretax Margin-2.65% Return on Equity-11.56% Return on Assets-1.16% Debt Debt-to-Equity Ratio3.08 Current Ratio0.35 Quick Ratio0.27 Sales & Book Value Annual Sales$1.73 billion Price / Sales0.17 Cash Flow$0.82 per share Price / Cash Flow6.63 Book Value$2.80 per share Price / Book1.94Miscellaneous Outstanding Shares54,060,000Free Float36,115,000Market Cap$293.01 million OptionableOptionable Beta2.39 Social Links Key ExecutivesDeborah M. DerbyPresident, Chief Executive Officer & DirectorJoseph HoffmanChief Restaurant Officer & Senior VP-OperationsAnthony E. HullChief Financial Officer & TreasurerNathan MucherChief Information OfficerRichard G. CrossChief Development Officer & Vice PresidentKey CompetitorsNathan's FamousNASDAQ:NATHRed Robin Gourmet BurgersNASDAQ:RRGBFiesta Restaurant GroupNASDAQ:FRGIBiglariNYSE:BHDenny'sNASDAQ:DENNView All CompetitorsInsiders & InstitutionsRoyce & Associates LPBought 49,600 shares on 5/23/2023Ownership: 3.164%Solel Partners LPBought 40,062 shares on 5/16/2023Ownership: 2.849%Geode Capital Management LLCBought 7,086 shares on 5/16/2023Ownership: 0.574%Jane Street Group LLCBought 41,877 shares on 5/16/2023Ownership: 0.077%RBF Capital LLCSold 6,440 shares on 5/16/2023Ownership: 0.074%View All Insider TransactionsView All Institutional Transactions TAST Stock - Frequently Asked Questions Should I buy or sell Carrols Restaurant Group stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Carrols Restaurant Group in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities 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? 4 brokerages have issued 12-month target prices for Carrols Restaurant Group's stock. Their TAST share price forecasts range from $4.00 to $7.50. On average, they predict the company's share price to reach $5.88 in the next year. This suggests a possible upside of 8.4% 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 on January 1st, 2023. Since then, TAST shares have increased by 298.5% and is now trading at $5.42. 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, August 10th 2023. View our TAST earnings forecast. How were Carrols Restaurant Group's earnings last quarter? Carrols Restaurant Group, Inc. (NASDAQ:TAST) posted its quarterly earnings data on Wednesday, November, 10th. The restaurant operator reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.15) by $0.01. The restaurant operator had revenue of $421.70 million for the quarter, compared to the consensus estimate of $414.91 million. Carrols Restaurant Group had a negative trailing twelve-month return on equity of 11.56% and a negative net margin of 3.01%. During the same period in the previous year, the company posted $0.09 EPS. 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 many different retail and institutional investors. Top institutional investors include Russell Investments Group Ltd. (3.47%), Royce & Associates LP (3.04%), Royce & Associates LP (3.16%), Solel Partners LP (2.85%), Dimensional Fund Advisors LP (2.59%) and JCP Investment Management LLC (1.34%). Insiders that own company stock include Jared L Landaw, Matthew Terker Perelman, Nathan Mucher, Paulo A Pena and William E Myers. 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 $5.42. How much money does Carrols Restaurant Group make? Carrols Restaurant Group (NASDAQ:TAST) has a market capitalization of $293.01 million and generates $1.73 billion in revenue each year. The restaurant operator earns $-75,570,000.00 in net income (profit) each year or ($1.06) on an earnings per share basis. How many employees does Carrols Restaurant Group have? The company employs 24,300 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 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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