News articles about Carrols Restaurant Group (NASDAQ:TAST) have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Carrols Restaurant Group earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media headlines about the restaurant operator an impact score of 47.4170637377649 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Carrols Restaurant Group opened at $11.85 on Friday, MarketBeat Ratings reports. The firm has a market capitalization of $434.81 million, a PE ratio of 59.25, a P/E/G ratio of 2.26 and a beta of 0.30. The company has a debt-to-equity ratio of 1.77, a quick ratio of 0.69 and a current ratio of 0.79. Carrols Restaurant Group has a 1 year low of $11.75 and a 1 year high of $12.15.
Carrols Restaurant Group (NASDAQ:TAST) last announced its quarterly earnings data on Tuesday, May 8th. The restaurant operator reported ($0.08) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.10. The business had revenue of $271.60 million for the quarter, compared to the consensus estimate of $262.13 million. Carrols Restaurant Group had a net margin of 0.86% and a return on equity of 6.69%. Carrols Restaurant Group’s quarterly revenue was up 13.2% on a year-over-year basis. During the same quarter last year, the company posted ($0.14) earnings per share. sell-side analysts anticipate that Carrols Restaurant Group will post 0.26 earnings per share for the current year.
Several equities analysts have commented on TAST shares. Zacks Investment Research downgraded Carrols Restaurant Group from a “buy” rating to a “hold” rating in a report on Friday, March 9th. BidaskClub downgraded shares of Carrols Restaurant Group from a “sell” rating to a “strong sell” rating in a research note on Wednesday, January 31st. ValuEngine downgraded shares of Carrols Restaurant Group from a “hold” rating to a “sell” rating in a research note on Wednesday, April 18th. Citigroup lowered their price objective on shares of Carrols Restaurant Group from $16.00 to $15.00 and set a “buy” rating on the stock in a research note on Monday, March 5th. Finally, Dougherty & Co restated a “buy” rating on shares of Carrols Restaurant Group in a research note on Sunday, March 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. Carrols Restaurant Group currently has a consensus rating of “Hold” and a consensus target price of $14.50.
About Carrols Restaurant Group
Carrols Restaurant Group, Inc, through its subsidiaries, operates franchisee restaurants of Burger King. As of December 31, 2017, it owned and operated 807 Burger King restaurants located in 17 states of the United States. The company was founded in 1960 and is headquartered in Syracuse, New York.
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