News stories about Del Taco Restaurants (NASDAQ:TACO) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than 20 million blog and news 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. Del Taco Restaurants earned a news sentiment score of 0.20 on Accern’s scale. Accern also gave press coverage about the restaurant operator an impact score of 46.0492656297811 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
- Del Taco Restaurants (TACO) Stock Rating Reaffirmed by Piper Jaffray (americanbankingnews.com)
- Del Taco Restaurants (TACO) Upgraded by Zacks Investment Research to Buy (americanbankingnews.com)
- Del Taco Restaurants Inc (TACO) Expected to Announce Quarterly Sales of $113.24 Million (americanbankingnews.com)
- Get ready for Cinco de Mayo at one of North Texas’ largest taco chains (bizjournals.com)
- Del Taco Restaurants Inc (TACO) Given Average Rating of “Hold” by Analysts (americanbankingnews.com)
Shares of Del Taco Restaurants stock traded up $0.01 during trading on Tuesday, hitting $10.89. The company’s stock had a trading volume of 274,193 shares, compared to its average volume of 313,253. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.36 and a quick ratio of 0.31. The firm has a market cap of $412.52, a price-to-earnings ratio of 20.96, a PEG ratio of 1.12 and a beta of -0.01. Del Taco Restaurants has a 52 week low of $10.15 and a 52 week high of $15.99.
Del Taco Restaurants (NASDAQ:TACO) last issued its quarterly earnings results on Wednesday, March 14th. The restaurant operator reported $0.15 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.02). The business had revenue of $146.50 million during the quarter, compared to the consensus estimate of $147.35 million. Del Taco Restaurants had a return on equity of 5.35% and a net margin of 10.58%. The firm’s revenue was down 2.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.20 earnings per share. equities analysts anticipate that Del Taco Restaurants will post 0.61 EPS for the current year.
TACO has been the subject of several research reports. Maxim Group restated a “buy” rating and issued a $19.00 price objective (down from $20.00) on shares of Del Taco Restaurants in a report on Thursday, March 15th. Wedbush restated a “buy” rating and issued a $17.00 price objective on shares of Del Taco Restaurants in a report on Thursday, March 15th. Jefferies Group restated a “buy” rating and issued a $15.00 price objective on shares of Del Taco Restaurants in a report on Friday, December 22nd. BidaskClub upgraded shares of Del Taco Restaurants from a “sell” rating to a “hold” rating in a report on Thursday, January 11th. Finally, Zacks Investment Research upgraded shares of Del Taco Restaurants from a “sell” rating to a “hold” rating in a report on Tuesday, December 26th. Two analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $16.50.
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About Del Taco Restaurants
Del Taco Restaurants, Inc is an operator and franchisor of restaurants featuring made-to-order cuisine, including both Mexican inspired and American classic dishes. As of January 3, 2017, the Company operated 551 Del Taco restaurants. The Company’s menu offers a combination of Mexican-inspired food, such as tacos and burritos, and American classics, such as Double Del cheeseburgers, crinkle-cut fries and milkshakes.
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