CARROLS RESTAURANT GROUP INC (TAST) Forecast, Price Target & Analyst Ratings
NASDAQ:TAST • US14574X1046
9.54 USD
-0.01 (-0.1%)
At close: May 15, 2024
9.56 USD
+0.02 (+0.21%)
After Hours: 5/15/2024, 8:11:18 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CARROLS RESTAURANT GROUP INC (TAST).
Forecast Snapshot
Consensus Price Target
$9.74
+ 2.11% Upside
Next Earnings Forecast
Release DateAug 8, 2024
PeriodQ1 / 2024
EPS Estimate$0.04
Revenue Estimate465.94M
ChartMill Buy Consensus
45.71%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$9.74
Upside
+ 2.11%
From current price of $9.54 to mean target of $9.74, Based on 7 analyst forecasts
Low
$9.65
Median
$9.74
High
$10.03
Price Target Revisions
1 Month
-7.06%
3 Months
0.00%
Price Target Summary
7 analysts have analysed TAST and the average price target is 9.74 USD. This implies a price increase of 2.11% is expected in the next year compared to the current price of 9.54.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
45.71%
TAST was analyzed by 7 analysts. The buy percentage consensus is at 46. So analysts seem to be rather neutral about TAST.
In the previous month the buy percentage consensus was at a similar level.
TAST was analyzed by 7 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2024-01-22 | Truist Securities | Downgrade | Buy -> Hold |
| 2024-01-17 | Craig-Hallum | Downgrade | Buy -> Hold |
| 2024-01-16 | Stephens & Co. | Downgrade | Overweight -> Equal-Weight |
| 2023-11-10 | Truist Securities | Maintains | Buy -> Buy |
| 2023-08-11 | Stephens & Co. | Maintains | Overweight -> Overweight |
| 2023-08-11 | Truist Securities | Maintains | Buy -> Buy |
| 2023-08-10 | Stephens & Co. | Reiterate | Overweight -> Overweight |
| 2023-07-18 | Truist Securities | Maintains | Buy -> Buy |
| 2023-05-12 | Truist Securities | Maintains | Buy -> Buy |
| 2023-05-12 | Craig-Hallum | Maintains | Buy -> Buy |
| 2023-04-17 | Truist Securities | Maintains | Buy |
| 2023-04-13 | Stephens & Co. | Reiterate | Overweight |
| 2023-03-07 | Craig-Hallum | Upgrade | Hold -> Buy |
| 2023-02-28 | Stephens & Co. | Reiterate | Overweight |
| 2022-11-14 | Deutsche Bank | Maintains | Buy |
| 2022-11-10 | Stephens & Co. | Maintains | Overweight |
| 2022-09-23 | Stephens & Co. | Initiate | Overweight |
| 2022-01-05 | Stephens & Co. | Downgrade | Overweight -> Equal-Weight |
| 2021-10-27 | Craig-Hallum | Downgrade | Buy -> Hold |
| 2021-10-26 | Raymond James | Downgrade | Outperform -> Market Perform |
| 2021-10-14 | Raymond James | Maintains | Outperform |
| 2021-08-13 | Raymond James | Maintains | Outperform |
| 2021-05-14 | Raymond James | Maintains | Outperform |
| 2021-03-04 | Stephens & Co. | Maintains | Overweight |
Next Earnings Forecast Details
Next Earnings Details
Release DateAug 8, 2024
PeriodQ1 / 2024
EPS Estimate$0.04
Revenue Estimate465.94M
Revenue Q2Q4.67%
EPS Q2QN/A
Number of Analysts3
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
0.00%
EPS (3 Months)
-20.00%
Next Earnings Summary
TAST is expected to report earnings on 8/8/2024. The consensus EPS estimate for the next earnings is 0.04 USD and the consensus revenue estimate is 465.94M USD.
The next earnings revenue estimate has been revised downward by 0% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 1.652B 6.78% | 1.73B 4.72% | 1.877B 8.44% | 1.986B 5.84% | 2.026B 2.01% | 1.883B -7.06% | 2.01B 6.74% | 2.05B 1.99% | 2.091B 2.00% | |
| EBITDA YoY % growth | 75.9M -23.26% | 53.6M -29.38% | 143.676M 168.05% | 159.48M 11.00% | 170.44M 6.87% | N/A | N/A | N/A | N/A | |
| EBIT YoY % growth | -4.9M -128.49% | -24.5M -400.00% | 69.515M 383.73% | 73.792M 6.15% | 84.558M 14.59% | N/A | N/A | N/A | N/A | |
| Operating Margin | -0.30% | -1.42% | 3.70% | 3.72% | 4.17% | N/A | N/A | N/A | N/A | |
| EPS YoY % growth | -0.44 -238.46% | -0.71 -61.36% | 0.52 173.24% | 0.58 10.83% | 0.57 -1.77% | N/A | N/A | N/A | N/A |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q1 / 24 | Q2 / 24 | Q3 / 24 | Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | |
|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.04 | 0.23 -13.11% | 0.13 -17.13% | 0.09 2.00% | 0.08 100.00% | 0.26 8.70% | 0.21 61.54% | 0.13 44.44% |
| Revenue Q2Q % growth | 465.94M 4.67% | 508.67M 4.83% | 499.9M 5.07% | 493.88M 5.00% | 479.6M 2.93% | 523.77M 2.97% | 514.79M 2.98% | 509.29M 3.12% |
| EBITDA Q2Q % growth | 33.264M 15.90% | 48.141M -22.23% | 41.443M -46.11% | 35.403M -59.63% | 35.598M 7.02% | 49.164M 2.13% | 46.308M 11.74% | 39.474M 11.50% |
| EBIT Q2Q % growth | 10.247M 2.47% | 24.931M 1.35% | 16.993M -20.34% | 13.616M 0.64% | 14.28M 39.36% | 27.744M 11.28% | 24.786M 45.86% | 17.748M 30.35% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
N/A
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
-0.54%
Revenue Next 5 Year
1.38%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
CARROLS RESTAURANT GROUP INC / TAST Forecast FAQ
Can you provide the average price target for CARROLS RESTAURANT GROUP INC stock?
7 analysts have analysed TAST and the average price target is 9.74 USD. This implies a price increase of 2.11% is expected in the next year compared to the current price of 9.54.
When does CARROLS RESTAURANT GROUP INC (TAST) report earnings?
CARROLS RESTAURANT GROUP INC (TAST) will report earnings on 2024-08-08, after the market close.
What are the consensus estimates for TAST stock next earnings?
The consensus EPS estimate for the next earnings of CARROLS RESTAURANT GROUP INC (TAST) is 0.04 USD and the consensus revenue estimate is 465.94M USD.
What is the consensus rating for CARROLS RESTAURANT GROUP INC (TAST) stock?
The consensus rating for CARROLS RESTAURANT GROUP INC (TAST) is 45.7143 / 100 . This indicates that analysts generally have a neutral outlook on the stock.