Shares of Carrols Restaurant Group, Inc. (NASDAQ:TAST) have received an average recommendation of “Buy” from the six analysts that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $15.33.

A number of equities analysts have recently commented on TAST shares. UBS AG downgraded Carrols Restaurant Group from a “strong-buy” rating to an “outperform” rating in a report on Tuesday, September 26th. Raymond James Financial, Inc. restated an “outperform” rating and issued a $15.50 price objective on shares of Carrols Restaurant Group in a report on Tuesday, September 26th. ValuEngine downgraded Carrols Restaurant Group from a “hold” rating to a “sell” rating in a report on Saturday, August 12th. Citigroup Inc. raised their price objective on Carrols Restaurant Group from $13.00 to $15.00 and gave the stock a “buy” rating in a report on Monday, November 20th. Finally, Zacks Investment Research downgraded Carrols Restaurant Group from a “hold” rating to a “sell” rating in a report on Tuesday, August 15th.

Carrols Restaurant Group (NASDAQ:TAST) traded up $0.10 during trading on Monday, hitting $12.40. The stock had a trading volume of 68,436 shares, compared to its average volume of 303,950. The stock has a market cap of $444.75, a P/E ratio of 102.50, a price-to-earnings-growth ratio of 4.61 and a beta of 0.11. The company has a current ratio of 0.95, a quick ratio of 0.85 and a debt-to-equity ratio of 1.79. Carrols Restaurant Group has a 52 week low of $9.90 and a 52 week high of $17.55.

Carrols Restaurant Group (NASDAQ:TAST) last released its quarterly earnings data on Wednesday, November 8th. The restaurant operator reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03). The firm had revenue of $258.24 million during the quarter, compared to analysts’ expectations of $277.00 million. Carrols Restaurant Group had a return on equity of 4.61% and a net margin of 3.13%. The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.13 earnings per share. analysts expect that Carrols Restaurant Group will post 0.13 EPS for the current fiscal year.

Several large investors have recently made changes to their positions in the stock. Metropolitan Life Insurance Co. NY raised its holdings in shares of Carrols Restaurant Group by 2.2% during the 1st quarter. Metropolitan Life Insurance Co. NY now owns 25,414 shares of the restaurant operator’s stock valued at $360,000 after buying an additional 543 shares during the period. TIAA CREF Investment Management LLC raised its holdings in shares of Carrols Restaurant Group by 0.3% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 194,142 shares of the restaurant operator’s stock valued at $2,378,000 after buying an additional 590 shares during the period. Wells Fargo & Company MN raised its holdings in shares of Carrols Restaurant Group by 1.7% during the 2nd quarter. Wells Fargo & Company MN now owns 37,703 shares of the restaurant operator’s stock valued at $462,000 after buying an additional 618 shares during the period. Bank of America Corp DE raised its holdings in shares of Carrols Restaurant Group by 0.3% during the 1st quarter. Bank of America Corp DE now owns 231,485 shares of the restaurant operator’s stock valued at $3,275,000 after buying an additional 649 shares during the period. Finally, Citigroup Inc. raised its holdings in shares of Carrols Restaurant Group by 8.0% during the 2nd quarter. Citigroup Inc. now owns 14,990 shares of the restaurant operator’s stock valued at $184,000 after buying an additional 1,116 shares during the period. Institutional investors and hedge funds own 86.04% of the company’s stock.

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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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