Carrols Restaurant Group (TAST) Getting Somewhat Favorable Media Coverage, Study Shows
News coverage about Carrols Restaurant Group (NASDAQ:TAST) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Carrols Restaurant Group earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave media stories about the restaurant operator an impact score of 47.4135646536388 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Carrols Restaurant Group, Inc. (TAST) Receives Average Rating of “Buy” from Analysts (americanbankingnews.com)
- Carrols Restaurant Group, Inc. (TAST) PT Raised to $15.00 at Citigroup Inc. (americanbankingnews.com)
- Earnings Review and Free Research Report: Buffalo Wild Wings’ Adjusted EPS Advanced 5.4%; Beat Estimates (finance.yahoo.com)
- Contrasting Carrols Restaurant Group (TAST) and Country Syl Ckng Restaurant Chain Co (CCSC) (americanbankingnews.com)
- Analysts Set $16.00 Price Target for Carrols Restaurant Group, Inc. (TAST) (americanbankingnews.com)
Shares of Carrols Restaurant Group (NASDAQ TAST) opened at $12.30 on Friday. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.95 and a quick ratio of 0.85. The firm has a market cap of $446.56, a price-to-earnings ratio of 102.92, a price-to-earnings-growth ratio of 4.63 and a beta of 0.11. Carrols Restaurant Group has a one year low of $9.90 and a one year high of $17.55.
Carrols Restaurant Group (NASDAQ:TAST) last posted its quarterly earnings results on Wednesday, November 8th. The restaurant operator reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.03). Carrols Restaurant Group had a return on equity of 4.61% and a net margin of 3.13%. The business had revenue of $258.24 million during the quarter, compared to the consensus estimate of $277.00 million. During the same period in the prior year, the firm earned $0.13 earnings per share. The business’s revenue for the quarter was up 8.1% on a year-over-year basis. equities analysts anticipate that Carrols Restaurant Group will post 0.13 EPS for the current fiscal year.
TAST has been the subject of several analyst reports. UBS Group AG downgraded shares of Carrols Restaurant Group from a “strong-buy” rating to an “outperform” rating in a report on Tuesday, September 26th. Raymond James Financial, Inc. reaffirmed an “outperform” rating and set a $15.50 price objective on shares of Carrols Restaurant Group in a report on Tuesday, September 26th. ValuEngine downgraded shares of Carrols Restaurant Group from a “hold” rating to a “sell” rating in a report on Saturday, August 12th. Citigroup Inc. lifted their price objective on shares of Carrols Restaurant Group from $13.00 to $15.00 and gave the stock a “buy” rating in a report on Monday. Finally, Zacks Investment Research downgraded shares of Carrols Restaurant Group from a “hold” rating to a “sell” rating in a report on Tuesday, August 15th. One analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $15.33.
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About Carrols Restaurant Group
Carrols 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.
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