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

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

Carrols Restaurant Group Inc (NASDAQ:TAST) announced its quarterly earnings results on Tuesday, February, 25th. The restaurant operator reported ($0.12) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.05) by $0.07. The restaurant operator had revenue of $397.64 million for the quarter, compared to the consensus estimate of $398.76 million. Carrols Restaurant Group had a negative return on equity of 3.00% and a negative net margin of 1.48%. View Carrols Restaurant Group's Earnings History.

Carrols Restaurant Group is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for Carrols Restaurant Group.

Carrols Restaurant Group issued an update on its FY 2020 Pre-Market earnings guidance on Tuesday, February, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.64-1.69 billion, compared to the consensus revenue estimate of $1.67 billion.

5 equities research analysts have issued twelve-month target prices for Carrols Restaurant Group's shares. Their forecasts range from $6.50 to $16.00. On average, they expect Carrols Restaurant Group's share price to reach $9.90 in the next year. This suggests a possible upside of 135.7% from the stock's current price. View Analyst Price Targets for Carrols Restaurant Group.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carrols Restaurant Group in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Carrols Restaurant Group.

News articles about TAST stock have trended extremely negative recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Carrols Restaurant Group earned a daily sentiment score of -4.9 on InfoTrie's scale. They also assigned 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 impact on the company's share price in the near future. View News Stories for Carrols Restaurant Group.

Carrols Restaurant Group saw a decline in short interest in February. As of February 14th, there was short interest totalling 4,300,000 shares, a decline of 11.7% from the January 30th total of 4,870,000 shares. Based on an average trading volume of 605,800 shares, the days-to-cover ratio is currently 7.1 days. Approximately 12.6% of the shares of the stock are sold short. View Carrols Restaurant Group's Current Options Chain.

Some companies that are related to Carrols Restaurant Group include Mcdonald's (MCD), Starbucks (SBUX), Yum! Brands (YUM), Chipotle Mexican Grill (CMG), Darden Restaurants (DRI), Domino's Pizza (DPZ), Dunkin Brands Group (DNKN), Wendys (WEN), Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Papa John's Int'l (PZZA), Bloomin' Brands (BLMN), Jack in the Box (JACK), Cheesecake Factory (CAKE) and Dine Brands Global (DIN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Carrols Restaurant Group investors own include Intelsat (I), AMC Entertainment (AMC), Bank of America (BAC), Fossil Group (FOSL), First Data (FDC), Associated British Foods (ABF), Chaarat Gold (CGH), China Unicom (Hong Kong) (CHU), Ciena (CIEN) and Spartan Motors (SPAR).

Carrols Restaurant Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Russell Investments Group Ltd. (8.40%), Cannell Capital LLC (4.92%), Royce & Associates LP (3.40%), Cove Street Capital LLC (1.50%), State Street Corp (1.40%) and Formula Growth Ltd. (1.15%). Company insiders that own Carrols Restaurant Group stock include Alexander R Sloane, Paul R Flanders, Richard G Cross 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 Victory Capital Management Inc., Millrace Asset Group Inc., Cannell Capital LLC, Goldman Sachs Group Inc., Magnetar Financial LLC, Cove Street Capital LLC, IndexIQ Advisors LLC and Bank of New York Mellon Corp. View Insider Buying and Selling for Carrols Restaurant Group.

TAST stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Formula Growth Ltd., Royce & Associates LP, Boston Partners, Penn Capital Management Co. Inc., Geode Capital Management LLC, Charles Schwab Investment Management Inc. and Barclays PLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of TAST stock can currently be purchased for approximately $4.20.

Carrols Restaurant Group has a market capitalization of $217.76 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]