Carrols Restaurant Group, Inc. (TAST)
NASDAQ: TAST · IEX Real-Time Price · USD
9.52
+0.02 (0.16%)
Mar 28, 2024, 3:56 PM EDT - Market closed

Carrols Restaurant Group Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for TAST stock have an average target of 9.55, which predicts an increase of 0.37% from the current stock price of 9.52.

Analyst Consensus: Hold
Target Low Average Median High
Price $9.55 $9.55 $9.55 $9.55
Change +0.37% +0.37% +0.37% +0.37%
* Price targets were last updated on Jan 22, 2024.

Analyst Ratings

The average analyst rating for TAST stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 333000
Buy 111000
Hold 000333
Sell 000000
Strong Sell 000000
Total 444333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Truist Securities
Truist Securities
Hold
Downgrades
$10$9.55
Hold Downgrades $10$9.55 +0.37% Jan 22, 2024
Craig-Hallum
Craig-Hallum
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jan 17, 2024
Stephens & Co.
Stephens & Co.
Hold
Downgrades
$13$9.55
Hold Downgrades $13$9.55 +0.37% Jan 16, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$9$10
Strong Buy Maintains $9$10 +5.10% Nov 10, 2023
Truist Securities
Truist Securities
Strong Buy
Maintains
$7$9
Strong Buy Maintains $7$9 -5.41% Aug 11, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
1.99B
from 1.88B
Increased by 5.84%
Revenue Next Year
2.03B
from 1.99B
Increased by 2.01%
EPS This Year
0.58
from 0.53
Increased by 8.74%
EPS Next Year
0.57
from 0.58
Decreased by -1.77%
Year 2019202020212022202320242025
Revenue
1.46B1.55B1.65B1.73B1.88B1.99B2.03B
Revenue Growth
24.04%5.79%6.78%4.72%8.44%5.84%2.01%
EPS
-0.74-0.58-0.86-1.490.530.580.57
EPS Growth
-----8.74%-1.77%
No. Analysts -----44
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 2.0B 2.1B
Avg 2.0B 2.0B
Low 1.9B 1.9B

Revenue Growth

Revenue Growth 20242025
High
8.9%
5.1%
Avg
5.8%
2.0%
Low
1.7%
-2.1%

EPS Forecast

EPS 20242025
High 0.67 0.70
Avg 0.58 0.57
Low 0.48 0.43

EPS Growth

EPS Growth 20242025
High
26.8%
22.1%
Avg
8.7%
-1.8%
Low
-9.4%
-25.2%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.