Carrols Restaurant Group Inc (NASDAQ:TAST) 2018 Q1 Sentiment Report

September 8, 2018 - By Billy Entrekin

Carrols Restaurant Group, Inc. (NASDAQ:TAST) Logo

Sentiment for Carrols Restaurant Group Inc (NASDAQ:TAST)

Carrols Restaurant Group Inc (NASDAQ:TAST) institutional sentiment increased to 1.34 in 2018 Q1. Its up 0.10, from 1.24 in 2017Q4. The ratio has improved, as 59 investment managers started new and increased stock positions, while 44 sold and trimmed stock positions in Carrols Restaurant Group Inc. The investment managers in our partner’s database reported: 27.93 million shares, down from 30.34 million shares in 2017Q4. Also, the number of investment managers holding Carrols Restaurant Group Inc in their top 10 stock positions decreased from 3 to 1 for a decrease of 2. Sold All: 12 Reduced: 32 Increased: 34 New Position: 25.

Carrols Restaurant Group, Inc., through its subsidiaries, operates franchisee restaurants of Burger King. The company has market cap of $555.49 million. As of March 2, 2017, it operated 790 Burger King restaurants in the United States. It has a 62.45 P/E ratio.

The stock decreased 1.58% or $0.25 during the last trading session, reaching $15.55. About 148,095 shares traded. Carrols Restaurant Group, Inc. (NASDAQ:TAST) has risen 2.45% since September 8, 2017 and is uptrending. It has underperformed by 10.12% the S&P500.

Analysts await Carrols Restaurant Group, Inc. (NASDAQ:TAST) to report earnings on November, 14. They expect $0.10 earnings per share, up 25.00 % or $0.02 from last year’s $0.08 per share. TAST’s profit will be $3.57M for 38.88 P/E if the $0.10 EPS becomes a reality. After $0.22 actual earnings per share reported by Carrols Restaurant Group, Inc. for the previous quarter, Wall Street now forecasts -54.55 % negative EPS growth.

Cannell Capital Llc holds 5.65% of its portfolio in Carrols Restaurant Group, Inc. for 1.57 million shares. Private Capital Management Llc owns 1.95 million shares or 3.44% of their US portfolio. Moreover, Cooper Creek Partners Management Llc has 1.92% invested in the company for 303,507 shares. The California-based Cove Street Capital Llc has invested 1.85% in the stock. Trafelet Brokaw Capital Management L.P., a New York-based fund reported 145,087 shares.

Since January 1, 0001, it had 0 insider purchases, and 5 insider sales for $1.00 million activity.

Carrols Restaurant Group, Inc. (NASDAQ:TAST) Ratings Coverage

Ratings analysis reveals 100% of Carrols Restaurant Group’s analysts are positive. Out of 2 Wall Street analysts rating Carrols Restaurant Group, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $16 while the high is $19. The stock’s average target of $17.50 is 12.54% above today’s ($15.55) share price. TAST was included in 3 notes of analysts from May 23, 2018. The stock of Carrols Restaurant Group, Inc. (NASDAQ:TAST) has “Buy” rating given on Monday, June 25 by Citigroup. The firm has “Buy” rating given on Monday, August 13 by Citigroup.

More news for Carrols Restaurant Group, Inc. (NASDAQ:TAST) were recently published by: Fool.com, which released: “Carrols Restaurant Group Nears an All-Time High on Its Latest Quarterly Beat” on August 21, 2018. Seekingalpha.com‘s article titled: “Carrols Restaurant Group, Inc. (TAST) CEO Dan Accordino on Q2 2018 Results – Earnings Call Transcript” and published on August 12, 2018 is yet another important article.

Carrols Restaurant Group, Inc. (NASDAQ:TAST) Institutional Positions Chart

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