Carrols Restaurant Group (TAST) Earns Daily Coverage Optimism Rating of 0.06

Media stories about Carrols Restaurant Group (NASDAQ:TAST) have trended somewhat positive on Sunday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by analyzing 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 closest to one being the most favorable. Carrols Restaurant Group earned a news impact score of 0.06 on Accern’s scale. Accern also gave news coverage about the restaurant operator an impact score of 47.5715983856671 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Carrols Restaurant Group (NASDAQ TAST) opened at $12.35 on Friday. Carrols Restaurant Group has a 1 year low of $9.90 and a 1 year high of $17.55. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.85 and a current ratio of 0.95. The firm has a market cap of $446.56, a PE ratio of 98.33, a P/E/G ratio of 4.54 and a beta of 0.11.

Carrols Restaurant Group (NASDAQ:TAST) last released 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). The company had revenue of $258.24 million for the quarter, compared to analyst estimates of $277.00 million. Carrols Restaurant Group had a return on equity of 4.61% and a net margin of 3.13%. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter last year, the company earned $0.13 EPS. analysts forecast that Carrols Restaurant Group will post 0.13 earnings per share for the current year.

Several research analysts recently weighed in on the stock. Raymond James Financial, Inc. restated a “strong-buy” rating and set a $17.50 price target on shares of Carrols Restaurant Group in a research report on Monday, July 24th. ValuEngine upgraded shares of Carrols Restaurant Group from a “sell” rating to a “hold” rating in a research report on Friday, September 22nd. UBS AG downgraded shares of Carrols Restaurant Group from a “strong-buy” rating to an “outperform” rating in a research report on Tuesday, September 26th. Zacks Investment Research downgraded shares of Carrols Restaurant Group from a “hold” rating to a “sell” rating in a research report on Tuesday, August 15th. Finally, Dougherty & Co reduced their price target on shares of Carrols Restaurant Group from $18.50 to $15.50 and set a “buy” rating for the company in a research report on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $15.50.

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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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