Are Investors Unfairly Punishing Carrols Restaurant Group Inc. (NASDAQ:TAST)?

Carrols Restaurant Group Inc. (NASDAQ:TAST) has a beta of 2.75. The stock’s Relative Strength Index (RSI) is 47.50, with weekly volatility at 4.27% and ATR at 0.31. The TAST stock’s 52-week price range has touched low of $0.98 and a $7.57 high. Its shares traded lower over the last trading session, losing -1.52% on 02/12/21. The shares fell to a low of $6.34 before closing at $6.47. Intraday shares traded counted 0.14 million, which was 66.14% higher than its 30-day average trading volume of 426.03K. TAST’s previous close was $6.57 while the outstanding shares total 50.92M.

Investors have identified the Restaurants company Carrols Restaurant Group Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $342.20 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Carrols Restaurant Group Inc. (TAST) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For TAST, the company has in raw cash 67.76 million on their books with 4.79 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 106.62 million total, with 148.01 million as their total liabilities.

Having a look at the company’s valuation, the company is expected to record 0.02 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on TAST sounds very interesting.

Is the stock of TAST attractive?

In related news, Director, Perelman Matthew Terker bought 56,300 shares of the company’s stock in a transaction that recorded on Nov 17. The purchase was performed at an average price of 5.25, for a total value of 295,552. As the purchase deal closes, the Director, HARRIS DAVID now bought 40,000 shares of the company’s stock, valued at 90,600. Also, Director, Perelman Matthew Terker bought 25,000 shares of the company’s stock in a deal that was recorded on Feb 28. The shares were cost at an average price of 3.93 per share, with a total market value of 98,343. Following this completion of disposal, the VP, GC, Secretary, Hartmann Markus now holds 2,500 shares of the company’s stock, valued at 9,592. In the last 6 months, insiders have changed their ownership in shares of company stock by 6.00%.

5 out of 6 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Carrols Restaurant Group Inc.. 0 analysts has assigned a Sell rating on the TAST stock. The 12-month mean consensus price target for the company’s shares has been set at $8.00.

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