Carrols Restaurant Group, Inc. (NASDAQ:TAST – Get Free Report)’s share value crossed above its 200-day transferring common throughout buying and selling on Monday . The inventory has a 200-day transferring common of $9.10 and traded as excessive as $9.56. Carrols Restaurant Group shares final traded at $9.54, with a quantity of three,523,400 shares altering arms.
Wall Avenue Analysts Forecast Development
Individually, StockNews.com began protection on shares of Carrols Restaurant Group in a analysis report on Tuesday. They set a “purchase” ranking on the inventory. Three equities analysis analysts have rated the inventory with a maintain ranking and one has issued a purchase ranking to the inventory. Based mostly on knowledge from MarketBeat.com, the corporate presently has a mean ranking of “Maintain” and a consensus value goal of $9.55.
Read Our Latest Stock Analysis on TAST
Carrols Restaurant Group Buying and selling Down 0.1 %
The inventory has a market cap of $502.00 million, a P/E ratio of 16.74 and a beta of two.48. The corporate has a present ratio of 0.48, a fast ratio of 0.41 and a debt-to-equity ratio of two.24. The inventory’s fifty day transferring common value is $9.53 and its 200 day transferring common value is $9.10.
Carrols Restaurant Group (NASDAQ:TAST – Get Free Report) final introduced its quarterly earnings outcomes on Thursday, Might ninth. The restaurant operator reported $0.11 earnings per share (EPS) for the quarter. The corporate had income of $452.19 million for the quarter. Carrols Restaurant Group had a internet margin of 1.94% and a return on fairness of twenty-two.38%.
Hedge Funds Weigh In On Carrols Restaurant Group
A number of hedge funds and different institutional traders have not too long ago purchased and bought shares of TAST. Federated Hermes Inc. lifted its stake in Carrols Restaurant Group by 73.6% through the 4th quarter. Federated Hermes Inc. now owns 3,257 shares of the restaurant operator’s inventory valued at $26,000 after buying a further 1,381 shares through the interval. Tower Analysis Capital LLC TRC lifted its stake in Carrols Restaurant Group by 15.8% through the 4th quarter. Tower Analysis Capital LLC TRC now owns 8,274 shares of the restaurant operator’s inventory valued at $65,000 after buying a further 1,126 shares through the interval. AJOVista LLC purchased a brand new place in Carrols Restaurant Group through the 4th quarter valued at about $76,000. WINTON GROUP Ltd purchased a brand new place in Carrols Restaurant Group through the third quarter valued at about $98,000. Lastly, Mackenzie Monetary Corp lifted its stake in Carrols Restaurant Group by 18.7% through the 4th quarter. Mackenzie Monetary Corp now owns 12,830 shares of the restaurant operator’s inventory valued at $101,000 after buying a further 2,022 shares through the interval. Institutional traders personal 86.80% of the corporate’s inventory.
About Carrols Restaurant Group
Carrols Restaurant Group, Inc, by its subsidiaries, operates eating places in the US. It operates fast service eating places as a franchisee below the Burger King and Popeyes manufacturers in 23 Northeastern, Midwestern, Southcentral, and Southeastern states. The corporate was based in 1960 and is headquartered in Syracuse, New York.
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