Analysts Turn Mixed On Carrols Restaurant Group Inc. (NASDAQ:TAST), Helmerich & Payne Inc. (NYSE:HP)

The shares of Carrols Restaurant Group Inc. (NASDAQ:TAST) has been pegged with a rating of Hold by Craig Hallum in its latest research note that was published on March 16, 2020. Craig Hallum wasn’t the only research firm that published a report of Carrols Restaurant Group Inc., with other equities research analysts also giving their opinion on the stock. Craig Hallum advised investors in its research note published on November 20, 2019, to Buy the TAST stock while also putting a $11 price target. The stock had earned Buy rating from Dougherty & Company Markets when it published its report on May 09, 2019. That day the Dougherty & Company set price target on the stock to $14.50. The stock was given Buy rating by SunTrust in its report released on May 23, 2018, the day when the price target on the stock was placed at 16. Raymond James was of a view that TAST is Outperform in its latest report on September 26, 2017. Dougherty & Company thinks that TAST is worth Buy rating. This was contained in the firm’s report on August 10, 2017 in which the stock’s price target was also moved to 15.50.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 1 believe it has the potential for further growth, thus rating it as Hold while 2 advised investors to purchase the stock. The consensus currently stands at a Overweight while its average price target is $6.25. The price of the stock the last time has raised by 70.39% from its 52-Week high price while it is -84.32% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 33.69.

The shares of the company added by 12.08% during the trading session on Wednesday, reaching a low of $1.52 while ending the day at $1.67. During the trading session, a total of 1.39 million shares were traded which represents a -68.51% decline from the average session volume which is 825820.0 shares. TAST had ended its last session trading at $1.49. Carrols Restaurant Group Inc. debt-to-equity ratio currently stands at 1.50, while its quick ratio hovers at 0.20 TAST 52-week low price stands at $0.98 while its 52-week high price is $10.65.

The company in its last quarterly report recorded -$0.12 earnings per share which is below the predicted by most analysts. The Carrols Restaurant Group Inc. generated 2.97 million in revenue during the last quarter. In the second quarter last year, the firm recorded -$0.09 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -141.67%. Carrols Restaurant Group Inc. has the potential to record -0.18 EPS for the current fiscal year, according to equities analysts.

Investment analysts at Credit Suisse published a research note on March 20, 2020 where it informed investors and clients that Helmerich & Payne Inc. (NYSE:HP) is now rated as Outperform. Their price target on the stock stands at $20. Even though the stock has been trading at $18.09/share, analysts expect it to down by -6.03% to reach $31.47/share. It started the day trading at $19.22 and traded between $16.28 and $17.00 throughout the trading session.

A look at its technical shows that HP’s 50-day SMA is 34.95 while its 200-day SMA stands at 41.03. The stock has a high of $64.80 for the year while the low is $12.40. The stock, however, witnessed a rise in its short on 03/13/20. Compared to previous close which recorded 6.32 M shorted shares, the short percentage went higher by 50.28%, as 9.50M TAST shares were shorted. At the moment, only 5.99% of Helmerich & Payne Inc. shares were sold short. The company’s average trading volume currently stands at 2.68M shares, which means that the short-interest ratio is just 2.36 days. Over the past seven days, the company moved, with its shift of 26.96%. Looking further, the stock has dropped -62.58% over the past 90 days while it lost -58.29% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The The Vanguard Group, Inc. sold more HP shares, decreasing its portfolio by -1.31% during the last quarter. This move now sees The The Vanguard Group, Inc. selling -156,853 shares in the last quarter, thus it now holds 11,782,602 shares of HP, with a total valuation of $434,660,188.

Similarly, BlackRock Fund Advisors decreased its Helmerich & Payne Inc. shares by 1.28% during the recently filed quarter. After selling 7,740,210 shares in the last quarter, the firm now controls -100,516 shares of Helmerich & Payne Inc. which are valued at $285,536,347. Following these latest developments, around 1.30% of Helmerich & Payne Inc. stocks are owned by institutional investors and hedge funds.