In last trading session, Del Taco Restaurants, Inc. (NASDAQ:TACO) saw 1,945,446 shares changing hands with its beta currently measuring 2.01. Company’s recent per share price level of $10.39 trading at $1.06 or 11.36% at ring of the bell on the day assigns it a market valuation of $387.8 Million. That closing price of TACO’s stock is at a discount of -0.38% from its 52-week high price of $10.43 and is indicating a premium of 76.42% from its 52-week low price of $2.45. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 512.71 Million shares which gives us an average trading volume of 528.56 Million if we extend that period to 3-months.
For Del Taco Restaurants, Inc. (TACO), analysts’ consensus is at an average recommendation of Overweight while assigning it a mean rating of 1.7. Splitting up the data highlights that, out of 4 analysts covering the stock, none rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 2 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.1 in the current quarter.
Del Taco Restaurants, Inc. (NASDAQ:TACO) trade information
Upright in the green today for gaining 11.36%, in the last five days TACO remained trading in the green while hitting it’s week-highest on Thursday, Oct 15 when the stock touched $10.43- price level, adding 0.38% to its value on the day. Del Taco Restaurants, Inc.’s shares saw a change of 31.44% in year-to-date performance and have moved 11.84% in past 5-day. Del Taco Restaurants, Inc. (NASDAQ:TACO) showed a performance of 27.64% in past 30-days. Number of shares sold short was 1.02 Million shares which calculate 0 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $11 to the stock, which implies a rise of 5.87% to its current value. Analysts have been projecting $8 as a low price target for the stock while placing it at a high target of $13. It follows that stock’s current price would jump +25.12% in reaching the projected high whereas dropping to the targeted low would mean a loss of -23% for stock’s current value.
Del Taco Restaurants, Inc. (TACO) estimates and forecasts
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $120.36 Million for the same. And 4 analysts are in estimates of company making revenue of $157.91 Million in the next quarter that will end in December 01, 2020. Company posted $120.2 Million and $157.1 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 0.1% while estimating it to be 0.5% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -58.4% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -762.1% while estimates for its earnings growth in next 5 years are of 12%
Del Taco Restaurants, Inc. (NASDAQ:TACO)’s Major holders
Insiders are in possession of 19.9% of company’s total shares while institution are holding 83% percent of that, with stock having share float percentage of 103.62%. Investors also watch the number of corporate investors in a company very closely, which is 156 institutions for Del Taco Restaurants, Inc. that are currently holding shares of the company. Russell Investments Group, Ltd. is the top institutional holder at TACO for having 4.23 Million shares of worth $25.08 Million. And as of June 29, 2020, it was holding 11.33% of the company’s outstanding shares.
The second largest institutional holder is Belfer Management LLC, which was holding about 3.54 Million shares on June 29, 2020. The number of shares represents firm’s hold over 9.47% of outstanding shares, having a total worth of $20.96 Million.
On the other hand, Smallcap World Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of June 29, 2020, the former fund manager was holding 1438200 shares of worth $8.53 Million or 3.85% of the total outstanding shares. The later fund manager was in possession of 713.73 Thousand shares on June 29, 2020, making its stake of worth around $4.23 Million in the company or a holder of 1.91% of company’s stock.