Carrols Restaurant Group Stock Rating Lowered by Raymond James (TAST)
Carrols Restaurant Group (NASDAQ:TAST) was downgraded by stock analysts at Raymond James from a “strong-buy” rating to an “outperform” rating in a report issued on Tuesday, TheFlyOnTheWall.com reports.
Carrols Restaurant Group (NASDAQ:TAST) traded down 0.49% during mid-day trading on Tuesday, hitting $6.06. The stock had a trading volume of 19,571 shares. Carrols Restaurant Group has a 1-year low of $4.65 and a 1-year high of $6.98. The stock’s 50-day moving average is $6.22 and its 200-day moving average is $5.90. The company’s market cap is $138.8 million.
Carrols Restaurant Group (NASDAQ:TAST) last released its earnings data on Tuesday, August 6th. The company reported ($0.09) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.05) by $0.04. The company had revenue of $173.50 million for the quarter, compared to the consensus estimate of $176.20 million. Analysts expect that Carrols Restaurant Group will post $-0.48 EPS for the current fiscal year.
Carrols Restaurant Group, Inc (NASDAQ:TAST) is a holding company and conducts all of its operations through its direct and indirect subsidiaries.
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