Carrols Restaurant Group Company Profile (NASDAQ:TAST)

About Carrols Restaurant Group (NASDAQ:TAST)

Carrols Restaurant Group logoCarrols Restaurant Group, Inc. is a holding company and conducts all of its operations through its subsidiary, Carrols Corporation (Carrols) and Carrols' subsidiary, Carrols LLC. The Company is a restaurant company and Burger King franchisee in the United States. As of January 1, 2017, the Company had owned and operated 753 Burger King restaurants under the name Burger King in 16 Northeastern, Midwestern and Southeastern states. Burger King restaurants feature the flame-broiled Whopper sandwich, as well as a range of hamburgers, chicken and other specialty sandwiches, French fries, salads, breakfast items, hot dogs, snacks, smoothies, frappes and other offerings. The Company's Burger King restaurants are located in various states, such as Illinois, Indiana, Kentucky, Maine, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Vermont, Virginia and West Virginia.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Quick Service Restaurants
  • Sub-Industry: Restaurants
  • Symbol: NASDAQ:TAST
  • CUSIP: 14574X10
  • Web: www.carrols.com
Capitalization:
  • Market Cap: $412.72 million
  • Outstanding Shares: 35,427,000
Average Prices:
  • 50 Day Moving Avg: $11.30
  • 200 Day Moving Avg: $12.66
  • 52 Week Range: $9.60 - $17.55
P/E:
  • Trailing P/E Ratio: 15.37
  • Foreward P/E Ratio: 40.17
  • P/E Growth: 2.16
Sales & Book Value:
  • Annual Revenue: $999.03 million
  • Price / Sales: 0.41
  • Book Value: $4.53 per share
  • Price / Book: 2.57
Profitability:
  • EBIDTA: $80.24 million
  • Net Margins: 3.44%
  • Return on Equity: 6.33%
  • Return on Assets: 1.86%
Debt:
  • Debt-to-Equity Ratio: 1.83%
  • Current Ratio: 0.95%
  • Quick Ratio: 0.83%
Misc:
  • Average Volume: 254,181 shs.
  • Beta: 0.04
  • Short Ratio: 9.44
 

Frequently Asked Questions for Carrols Restaurant Group (NASDAQ:TAST)

What is Carrols Restaurant Group's stock symbol?

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

How were Carrols Restaurant Group's earnings last quarter?

Carrols Restaurant Group, Inc. (NASDAQ:TAST) released its quarterly earnings data on Wednesday, August, 9th. The company reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.19 by $0.05. The business earned $279.48 million during the quarter, compared to analysts' expectations of $274.90 million. Carrols Restaurant Group had a net margin of 3.44% and a return on equity of 6.33%. The company's revenue was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.18 EPS. View Carrols Restaurant Group's Earnings History.

When will Carrols Restaurant Group make its next earnings announcement?

Carrols Restaurant Group is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Carrols Restaurant Group.

Where is Carrols Restaurant Group's stock going? Where will Carrols Restaurant Group's stock price be in 2017?

2 analysts have issued 12 month price objectives for Carrols Restaurant Group's shares. Their predictions range from $15.50 to $17.50. On average, they anticipate Carrols Restaurant Group's share price to reach $16.50 in the next year. View Analyst Ratings for Carrols Restaurant Group.

Who are some of Carrols Restaurant Group's key competitors?

Who are Carrols Restaurant Group's key executives?

Carrols Restaurant Group's management team includes the folowing people:

  • Daniel T. Accordino, Chairman of the Board, President, Chief Executive Officer
  • Paul R. Flanders, Chief Financial Officer, Vice President, Treasurer
  • William E. Myers, Vice President, General Counsel, Secretary
  • Gerald J. DiGenova, Vice President - Human Resources
  • Richard G. Cross, Vice President - Real Estate
  • Jose E. Cil, Director
  • Lawrence E. Hyatt, Director
  • Alexandre Macedo, Director
  • Hannah Stone Craven, Independent Director
  • Manuel A. Garcia III, Independent Director

Who owns Carrols Restaurant Group stock?

Carrols Restaurant Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include First Manhattan Co. (7.13%), Dimensional Fund Advisors LP (5.81%), BROWN ADVISORY INC (5.39%), Cove Street Capital LLC (4.53%), Vanguard Group Inc. (4.15%) and FMR LLC (2.84%). Company insiders that own Carrols Restaurant Group stock include Daniel T Accordino, Timothy Lalonde and William E Myers. View Institutional Ownership Trends for Carrols Restaurant Group.

Who sold Carrols Restaurant Group stock? Who is selling Carrols Restaurant Group stock?

Carrols Restaurant Group's stock was sold by a variety of institutional investors in the last quarter, including Cove Street Capital LLC, Monarch Partners Asset Management LLC, Menta Capital LLC, First Manhattan Co., Russell Investments Group Ltd., GSA Capital Partners LLP, Gilder Gagnon Howe & Co. LLC and Northern Trust Corp. Company insiders that have sold Carrols Restaurant Group stock in the last year include Daniel T Accordino and Timothy Lalonde. View Insider Buying and Selling for Carrols Restaurant Group.

Who bought Carrols Restaurant Group stock? Who is buying Carrols Restaurant Group stock?

Carrols Restaurant Group's stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Eagle Asset Management Inc., Royce & Associates LP, Tygh Capital Management Inc., Suffolk Capital Management LLC, Cornerstone Capital Management Holdings LLC., Intrinsic Edge Capital Management LLC and Hartford Investment Management Co.. View Insider Buying and Selling for Carrols Restaurant Group.

How do I buy Carrols Restaurant Group stock?

Shares of Carrols Restaurant Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Carrols Restaurant Group's stock price today?

One share of Carrols Restaurant Group stock can currently be purchased for approximately $11.65.


MarketBeat Community Rating for Carrols Restaurant Group (NASDAQ TAST)
Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  99 (Vote Outperform)
Underperform Votes:  70 (Vote Underperform)
Total Votes:  169
MarketBeat's community ratings are surveys of what our community members think about Carrols Restaurant Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Carrols Restaurant Group (NASDAQ:TAST) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Buy Rating, 1 Strong Buy Rating
Consensus Rating:Strong Buy (Score: 3.50)
Consensus Price Target: $16.50 (41.63% upside)

Analysts' Ratings History for Carrols Restaurant Group (NASDAQ:TAST)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/10/2017Dougherty & CoLower Price TargetBuy -> Buy$18.50 -> $15.50LowView Rating Details
7/24/2017Raymond James Financial, Inc.Reiterated RatingStrong-Buy$17.50LowView Rating Details
7/5/2016Citigroup Inc.Reiterated RatingBuy$15.00 -> $15.50N/AView Rating Details
(Data available from 9/22/2015 forward)

Earnings

Earnings History for Carrols Restaurant Group (NASDAQ:TAST)
Earnings by Quarter for Carrols Restaurant Group (NASDAQ:TAST)
Earnings History by Quarter for Carrols Restaurant Group (NASDAQ TAST)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017$0.11N/AView Earnings Details
8/9/2017Q2 2017$0.19$0.14$274.90 million$279.48 millionViewListenView Earnings Details
5/9/2017Q1 2017($0.08)($0.14)$236.05 million$239.90 millionViewListenView Earnings Details
3/2/2017Q4 2016$0.11$0.04$244.04 million$240.80 millionViewListenView Earnings Details
11/8/2016Q316$0.18$0.13$244.87 million$238.90 millionViewListenView Earnings Details
8/9/2016Q216$0.21$0.25$244.61 million$241.40 millionViewListenView Earnings Details
5/10/2016Q116($0.07)$0.05$216.19 million$222.50 millionViewListenView Earnings Details
3/3/2016Q415$0.06$0.18$226.77 million$229.10 millionViewN/AView Earnings Details
11/3/2015Q315$0.05$0.16$214.78 million$217.70 millionViewN/AView Earnings Details
8/4/2015Q215($0.02)($0.14)$211.24 million$219.10 millionViewN/AView Earnings Details
5/5/2015Q115($0.29)($0.27)$191.82 million$193.20 millionViewN/AView Earnings Details
2/26/2015Q414($0.07)($0.78)$196.34 million$192.90 millionViewN/AView Earnings Details
11/5/2014Q314($0.05)($0.05)$180.30 million$179.80 millionViewN/AView Earnings Details
8/5/2014Q2($0.05)($0.05)$173.33 million$168.58 millionViewListenView Earnings Details
5/6/2014Q1($0.26)($0.28)$152.08 million$151.45 millionViewListenView Earnings Details
2/27/2014Q4($0.15)($0.09)$164.40 million$165.50 millionViewListenView Earnings Details
11/5/2013Q313($0.06)($0.09)$170.01 million$168.30 millionViewN/AView Earnings Details
8/6/2013Q2 2013($0.05)($0.09)$176.20 million$173.50 millionViewN/AView Earnings Details
5/7/2013Q1 2013($0.24)($0.23)$152.72 million$156.10 millionViewN/AView Earnings Details
2/28/2013Q4 2012($0.13)($0.28)$166.76 million$162.60 millionViewN/AView Earnings Details
11/6/2012Q312($0.03)($0.29)$177.13 million$169.50 millionViewN/AView Earnings Details
5/8/2012$0.15$0.16ViewN/AView Earnings Details
2/28/2012$0.18$0.09ViewN/AView Earnings Details
11/7/2011$0.18$0.24ViewN/AView Earnings Details
8/8/2011$0.24$0.27ViewN/AView Earnings Details
5/10/2011$0.12$0.14ViewN/AView Earnings Details
2/24/2011$0.19$0.19ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Carrols Restaurant Group (NASDAQ:TAST)
2017 EPS Consensus Estimate: $0.30
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.08)($0.08)($0.08)
Q2 20171$0.19$0.19$0.19
Q3 20171$0.11$0.11$0.11
Q4 20171$0.08$0.08$0.08
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Carrols Restaurant Group (NASDAQ:TAST)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Carrols Restaurant Group (NASDAQ:TAST)
Insider Ownership Percentage: 5.30%
Institutional Ownership Percentage: 86.75%
Insider Trades by Quarter for Carrols Restaurant Group (NASDAQ:TAST)
Institutional Ownership by Quarter for Carrols Restaurant Group (NASDAQ:TAST)
Insider Trades by Quarter for Carrols Restaurant Group (NASDAQ:TAST)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/14/2017Timothy LalondeVPSell13,617$13.96$190,093.32View SEC Filing  
3/9/2017Daniel T AccordinoCEOSell12,000$14.32$171,840.00View SEC Filing  
11/23/2016Daniel T AccordinoCEOSell25,000$13.83$345,750.00View SEC Filing  
9/2/2016Timothy LalondeVPSell4,000$13.61$54,440.00View SEC Filing  
12/11/2015William E MyersVPSell10,000$11.34$113,400.00View SEC Filing  
9/14/2015Timothy LalondeVPSell3,000$12.96$38,880.00View SEC Filing  
8/14/2015Paul R FlandersCFOSell34,655$12.66$438,732.30View SEC Filing  
12/12/2014Timothy LalondeVPSell1,300$7.05$9,165.00View SEC Filing  
12/3/2013Timothy LalondeVPSell3,525$6.55$23,088.75View SEC Filing  
8/23/2013Timothy LalondeVPSell5,000$6.42$32,100.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Carrols Restaurant Group (NASDAQ:TAST)
Latest Headlines for Carrols Restaurant Group (NASDAQ:TAST)
Source:
DateHeadline
americanbankingnews.com logoCarrols Restaurant Group, Inc. (TAST) Rating Increased to Hold at ValuEngine
www.americanbankingnews.com - September 22 at 9:18 AM
americanbankingnews.com logoCritical Analysis: Carrols Restaurant Group (TAST) & Yum! Brands (YUM)
www.americanbankingnews.com - August 30 at 4:26 PM
americanbankingnews.com logoAnalyzing Carrols Restaurant Group (TAST) and Country Syl Ckng Restaurant Chain Co (CCSC)
www.americanbankingnews.com - August 30 at 10:20 AM
finance.yahoo.com logoETFs with exposure to Carrols Restaurant Group, Inc. : August 28, 2017
finance.yahoo.com - August 29 at 8:27 AM
americanbankingnews.com logoCarrols Restaurant Group (TAST) & Domino's Pizza (DPZ) Head to Head Comparison
www.americanbankingnews.com - August 24 at 1:18 PM
americanbankingnews.com logoHead to Head Survey: Yum China Holdings (YUMC) and Carrols Restaurant Group (TAST)
www.americanbankingnews.com - August 22 at 8:30 AM
americanbankingnews.com logoFY2018 EPS Estimates for Carrols Restaurant Group, Inc. (TAST) Cut by Dougherty & Co
www.americanbankingnews.com - August 21 at 8:14 AM
americanbankingnews.com logoResearch Analysts Offer Predictions for Carrols Restaurant Group, Inc.'s Q3 2017 Earnings (TAST)
www.americanbankingnews.com - August 18 at 6:24 AM
americanbankingnews.com logoZacks: Analysts Anticipate Carrols Restaurant Group, Inc. (TAST) Will Post Earnings of $0.11 Per Share
www.americanbankingnews.com - August 16 at 6:30 PM
americanbankingnews.com logoHead-To-Head Comparison: Carrols Restaurant Group (TAST) and Country Syl Ckng Restaurant Chain Co (CCSC)
www.americanbankingnews.com - August 16 at 12:22 AM
americanbankingnews.com logoCarrols Restaurant Group, Inc. (TAST) Downgraded by Zacks Investment Research
www.americanbankingnews.com - August 15 at 11:16 AM
americanbankingnews.com logoZacks: Carrols Restaurant Group, Inc. (TAST) Receives Average Rating of "Strong Buy" from Analysts
www.americanbankingnews.com - August 14 at 6:16 AM
americanbankingnews.com logoChipotle Mexican Grill (CMG) & Carrols Restaurant Group (TAST) Critical Contrast
www.americanbankingnews.com - August 13 at 8:10 PM
americanbankingnews.com logoCarrols Restaurant Group, Inc. (NASDAQ:TAST) Downgraded by ValuEngine to "Sell"
www.americanbankingnews.com - August 12 at 7:34 PM
americanbankingnews.com logoHead to Head Contrast: Jamba (JMBA) vs. Carrols Restaurant Group (NASDAQ:TAST)
www.americanbankingnews.com - August 11 at 5:11 PM
finance.yahoo.com logoEdited Transcript of TAST earnings conference call or presentation 9-Aug-17 12:30pm GMT
finance.yahoo.com - August 10 at 10:18 PM
americanbankingnews.com logoCarrols Restaurant Group, Inc. (TAST) Price Target Lowered to $15.50 at Dougherty & Co
www.americanbankingnews.com - August 10 at 3:20 PM
reuters.com logoBRIEF-Brown Advisory Inc reports 5.39 pct passive stake in Carrols Restaurant Group Inc
www.reuters.com - August 10 at 8:33 AM
seekingalpha.com logoCarrols Restaurant Group's (TAST) CEO Dan Accordino on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 10 at 8:33 AM
fool.com logoCarrols Restaurant Group Falls Short on Higher Costs
www.fool.com - August 9 at 9:41 PM
americanbankingnews.com logoCarrols Restaurant Group, Inc. (NASDAQ:TAST) Issues Earnings Results
www.americanbankingnews.com - August 9 at 3:24 PM
finance.yahoo.com logoCarrols Restaurant Group, Inc. breached its 50 day moving average in a Bearish Manner : TAST-US : August 8, 2017
finance.yahoo.com - August 9 at 8:02 AM
finance.yahoo.com logoCarrols Restaurant Group, Inc. – Value Analysis (NASDAQ:TAST) : August 8, 2017
finance.yahoo.com - August 9 at 8:02 AM
finance.yahoo.com logoCarrols Restaurant Group, Inc. Reports Financial Results for the Second Quarter 2017
finance.yahoo.com - August 9 at 8:02 AM
finance.yahoo.com logoCarrols Restaurant posts 2Q profit
finance.yahoo.com - August 9 at 8:02 AM
americanbankingnews.com logoCarrols Restaurant Group, Inc. (TAST) Expected to Announce Quarterly Sales of $275.46 Million
www.americanbankingnews.com - July 31 at 9:33 AM
americanbankingnews.com logoCarrols Restaurant Group, Inc. (TAST) Set to Announce Earnings on Monday
www.americanbankingnews.com - July 31 at 8:41 AM
americanbankingnews.com logo Analysts Expect Carrols Restaurant Group, Inc. (NASDAQ:TAST) Will Announce Earnings of $0.19 Per Share
www.americanbankingnews.com - July 29 at 12:32 PM
finance.yahoo.com logoCarrols Restaurant Group, Inc. breached its 50 day moving average in a Bullish Manner : TAST-US : July 27, 2017
finance.yahoo.com - July 28 at 8:34 AM
finance.yahoo.com logoCarrols Restaurant Group, Inc. breached its 50 day moving average in a Bullish Manner : TAST-US : July 27, 2017
finance.yahoo.com - July 28 at 8:34 AM
americanbankingnews.com logoCarrols Restaurant Group (TAST) versus Popeyes Louisiana Kitchen (PLKI) Financial Contrast
www.americanbankingnews.com - July 23 at 10:20 AM
americanbankingnews.com logo$275.46 Million in Sales Expected for Carrols Restaurant Group, Inc. (NASDAQ:TAST) This Quarter
www.americanbankingnews.com - July 7 at 2:14 PM
americanbankingnews.com logoZacks: Analysts Anticipate Carrols Restaurant Group, Inc. (NASDAQ:TAST) to Announce $0.19 Earnings Per Share
www.americanbankingnews.com - July 5 at 11:49 AM
finance.yahoo.com logoCarrols Restaurant Group, Inc. Announces Offering of its Senior Secured Second Lien Notes
finance.yahoo.com - June 22 at 2:00 PM
finance.yahoo.com logoCarrols Restaurant Group, Inc. -- Moody's assigns B3 to proposed notes of Carrols; all ratings affirmed; outlook positive
finance.yahoo.com - June 22 at 2:00 PM
reuters.com logoBRIEF-Carrols Restaurant Group prices upsized offering of $75 mln senior secured second lien notes
www.reuters.com - June 21 at 6:04 AM
americanbankingnews.com logoCarrols Restaurant Group, Inc. (TAST) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - June 15 at 1:16 PM
americanbankingnews.com logoCarrols Restaurant Group, Inc. (TAST) Forecasted to Earn Q2 2017 Earnings of $0.19 Per Share
www.americanbankingnews.com - June 15 at 7:42 AM
bizjournals.com logoLocal Burger King franchisee acquired by New York company
www.bizjournals.com - June 13 at 8:15 PM
finance.yahoo.com logoCarrols Restaurant Group, Inc. Completes the Acquisition of 17 BURGER KING® Restaurants in Maryland
finance.yahoo.com - June 12 at 7:34 PM
americanbankingnews.com logoZacks: Analysts Expect Carrols Restaurant Group, Inc. (TAST) Will Announce Quarterly Sales of $274.78 Million
www.americanbankingnews.com - June 11 at 9:42 AM
americanbankingnews.com logoCarrols Restaurant Group, Inc. (TAST) Expected to Post Earnings of $0.22 Per Share
www.americanbankingnews.com - June 9 at 8:54 AM
finance.yahoo.com logoCorporate News Blog - Buffalo Wild Wings' President and CEO Sally J. Smith Announces Her Retirement
finance.yahoo.com - June 6 at 10:24 AM
americanbankingnews.com logoCarrols Restaurant Group, Inc. (TAST) Upgraded to "Hold" at ValuEngine
www.americanbankingnews.com - June 3 at 8:20 AM
finance.yahoo.com logoETFs with exposure to Carrols Restaurant Group, Inc. : May 31, 2017
finance.yahoo.com - May 31 at 8:17 PM
americanbankingnews.com logoZacks: Brokerages Anticipate Carrols Restaurant Group, Inc. (TAST) Will Announce Quarterly Sales of $274.78 Million
www.americanbankingnews.com - May 17 at 1:14 PM
finance.yahoo.com logoCarrols Restaurant Group, Inc. :TAST-US: Earnings Analysis: Q1, 2017 By the Numbers : May 16, 2017
finance.yahoo.com - May 16 at 8:05 PM
finance.yahoo.com logoEdited Transcript of TAST earnings conference call or presentation 9-May-17 12:30pm GMT
finance.yahoo.com - May 11 at 10:57 PM
americanbankingnews.com logoDougherty & Co Comments on Carrols Restaurant Group, Inc.'s Q2 2017 Earnings (TAST)
www.americanbankingnews.com - May 11 at 7:34 AM
reuters.com logoBRIEF-Carrols Restaurant Group reports Q1 loss per share of $0.16
www.reuters.com - May 10 at 10:28 AM

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Carrols Restaurant Group (TAST) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff