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

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

Carrols Restaurant Group Inc (NASDAQ:TAST) released its quarterly earnings data on Thursday, August, 8th. The restaurant operator reported $0.07 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.14 by $0.07. The restaurant operator had revenue of $368.56 million for the quarter, compared to analyst estimates of $366.91 million. Carrols Restaurant Group had a positive return on equity of 0.16% and a negative net margin of 0.77%. The business's quarterly revenue was up 21.6% on a year-over-year basis. During the same period last year, the firm posted $0.22 EPS. View Carrols Restaurant Group's Earnings History.

Carrols Restaurant Group is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Carrols Restaurant Group.

Carrols Restaurant Group updated its FY 2019 earnings guidance on Thursday, August, 8th. 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.

4 analysts have issued 1 year target prices for Carrols Restaurant Group's shares. Their predictions range from $9.00 to $16.00. On average, they anticipate Carrols Restaurant Group's stock price to reach $13.13 in the next twelve months. This suggests a possible upside of 102.2% 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.

Media stories about TAST stock have trended negative recently, according to InfoTrie. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Carrols Restaurant Group earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave press coverage about the restaurant operator a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Carrols Restaurant Group.

Carrols Restaurant Group saw a increase in short interest in September. As of September 30th, there was short interest totalling 3,560,000 shares, an increase of 5.3% from the August 30th total of 3,380,000 shares. Based on an average daily volume of 430,600 shares, the short-interest ratio is currently 8.3 days. Currently, 10.3% of the company's stock are short sold. View Carrols Restaurant Group's Current Options Chain.

Some companies that are related to Carrols Restaurant Group include Dave & Buster's Entertainment (PLAY), Dine Brands Global (DIN), BJ's Restaurants (BJRI), Bojangles (BOJA), Ruth's Hospitality Group (RUTH), El Pollo LoCo (LOCO), Red Robin Gourmet Burgers (RRGB), Chuy's (CHUY), Del Taco Restaurants (TACO), Nathan's Famous (NATH), Del Frisco's Restaurant Group (DFRG), Fiesta Restaurant Group (FRGI), Noodles & Co (NDLS), Habit Restaurants (HABT) and Biglari (BH).

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), Apollo Global Management (APO) and China Unicom (Hong Kong) (CHU).

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 $6.49.

Carrols Restaurant Group has a market capitalization of $287.97 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]