Carrols Restaurant Group Stock News

Carrols Restaurant Group Inc. (TAST) shares closed today at 1.6% above its 52 week low of $2.58, giving the company a market cap of $134M. The stock is currently down 11.5% year-to-date, down 58.7% over the past 12 months, and down 70.6% over the past five years. This week, the Dow Jones Industrial Average fell 3.8%, and the S&P 500 fell 3.8%. Trading Activity Trading volume this week was 32.0% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.4. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Communication Services industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 326.5% The company's stock price performance over the past 12 months lags the peer average by -521.8% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Burger King's recent rebranding campaign will drive additional traffic to restaurants that the market isn't pricing in. Here's why we believe TAST is undervalued.

Carrols Restaurant Group: An Attractive Investment Opportunity

During the last session, Carrols Restaurant Group Inc. (NASDAQ:TAST)s traded shares were 0.31 million, with the beta value of the company hitting 2.61. At the end of the trading day, the stocks price was $2.96, reflecting an intraday loss of -1.66% or -$0.05. The 52-week high for the TAST share is $7.34, that puts it Is Carrols Restaurant Group Inc. (NASDAQ: TAST) Still A Buy After sinking -4.82% Last Week? Read More »

Analysts forecast that Carrols Restaurant Group, Inc. (NASDAQ:TAST) will announce $409.76 million in sales for the current quarter, according to Zacks. Three analysts have issued estimates for Carrols Restaurant Groups earnings, with estimates ranging from $405.54 million to $417.04 million. Carrols Restaurant Group reported sales of $420.53 million in the same quarter last year, which []

Renaissance Technologies LLC reduced its holdings in shares of Carrols Restaurant Group, Inc. (NASDAQ:TAST) by 60.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 164,483 shares of the restaurant operators stock after selling 252,117 shares during the quarter. Renaissance Technologies LLC []

Beazer Homes and Carrols Restaurant have been highlighted as Zacks Bull and Bear of the Day

The restaurant business is tough as beef prices rose 15.5% and labor costs jumped 13.3% in Q3.

Vanguard Group Inc. trimmed its position in shares of Carrols Restaurant Group, Inc. (NASDAQ:TAST) by 7.7% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,924,300 shares of the restaurant operators stock after selling 161,018 shares during the quarter. Vanguard Group Inc.s holdings in Carrols []

The restaurant business is tough as beef prices rose 15.5% and labor costs jumped 13.3% in Q3.

Carrols Restaurant Group, Inc. (NASDAQ:TAST) Equities researchers at Truist Securiti decreased their FY2021 earnings per share estimates for shares of Carrols Restaurant Group in a report released on Wednesday, November 10th. Truist Securiti analyst J. Bartlett now expects that the restaurant operator will earn ($0.62) per share for the year, down from their previous []

Brokerages expect Carrols Restaurant Group, Inc. (NASDAQ:TAST) to announce earnings of ($0.28) per share for the current quarter, according to Zacks. Three analysts have provided estimates for Carrols Restaurant Groups earnings, with the lowest EPS estimate coming in at ($0.40) and the highest estimate coming in at ($0.13). The business is expected to report its []

Carrols Restaurant Group, Inc. (TAST) CEO Dan Accordino on Q3 2021 Results - Earnings Call Transcript