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How to Buy Carrols Restaurant Group Stock

Carrols Restaurant Group Inc

Carrols Restaurant Group, Inc. , through its subsidiaries, operates as a restaurant company in the United States. The company operates as a Burger King and Popeyes franchisee.

Carrols Restaurant Group stock last closed at $9.51, up 0% from the previous day, and has increased 158.42% in one year. It has overperformed other stocks in the Restaurants industry by 1.21 percentage points. Carrols Restaurant Group stock is currently +159.13% from its 52-week low of $3.67, and -0.31% from its 52-week high of $9.54.

At the moment, there are 57.38M shares of TAST outstanding. The market capitalization of TAST is $545.73M. In the past 24 hours, 579,593 TAST shares were traded.

How to Buy Carrols Restaurant Group Stock

Wondering how to invest in Carrols Restaurant Group stock? Here's how.
  1. Choose where to buy Carrols Restaurant Group stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Carrols Restaurant Group stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Select your payment method and add your details.
  4. Evaluate Carrols Restaurant Group stock: The Carrols Restaurant Group ticker symbol is TAST. Is Carrols Restaurant Group stock a good investment? Should you buy shares of TAST? How do TAST's underlying business fundamentals look? Do top analysts think Carrols Restaurant Group is a good buy? Why has TAST's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if TAST is a good stock to buy).
  5. Execute your TAST trade: Decide if you will purchase TAST shares at the current market price or use a limit order to purchase TAST shares at a particular price.
  6. Get notifications regarding your TAST investment: Create a watchlist to get the latest news on your new investment in Carrols Restaurant Group shares.

Step 1: Choose where to buy Carrols Restaurant Group stock

You need a brokerage account in order to access the NASDAQ market and buy TAST stock.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our experience, eToro is the best place to buy stocks. eToro gives you:

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Step 2: Sign up for your brokerage account

Now that you've selected your brokerage, you need to fill out some personal information so you can buy TAST today.

How to Start a New Brokerage Account on eToro

  1. Click here to get started.
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  2. Input your personal info to open your new brokerage account.
  1. Submit your details by clicking the "Create Account" button.
  2. Get started with eToro today
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Step 3: Deposit money your investment account

Now that you have filled out your info on app for stock, you can securely and quickly fund your account:

Watch the tutorial below for more details transferring funds into your brokerage account.

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Step 4: Evaluate Carrols Restaurant Group stock

After you have decided on the best place to buy Carrols Restaurant Group stock, it's crucial to evaluate their stock prior to buying, so you can understand the risk as well as the opportunity.

Carrols Restaurant Group Numbers

TAST Price
$9.51
1w %
0.11%
1y %
158.42%
5y %
-5.47%
P/E
17.94x
P/B
2.95x
P/S
0.26x
PEG
1.28x
Revenue
$1.88B
Earnings
$33.80M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$545.73M
Next Earnings
May 9, 2024
Next Dividend
N/A

Carrols Restaurant Group Zen Score

WallStreetZen was designed to help average investors do more accurate fundamental analysis quickly.

You can see all of the due diligence checks on TAST's stock page.

Is TAST stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge TAST's true value.

Using relative valuations metrics:

  • TAST may be undervalued based on its P/E ratio of 17.94x, relative to Restaurants industry P/E ratio of 46.32x
  • TAST could be undervalued based on its P/B ratio of 2.95x, relative to Restaurants industry P/B ratio of -526.34x
  • TAST may be overvalued based on its PEG ratio of 1.28x

You can do additional valuation research on TAST's stock here.

TAST Financials at a glance

Passed Financial Due Diligence Checks:

  • TAST profit margin has gone up from -4.4% to 1.8% in the past year.

Failed Financial Due Diligence Checks:

  • There are more short-term liabilities than short-term assets on the TAST balance sheet.
  • TAST's operating cash flow of $139.15M allows it to safely service it's debt of $1.24B.
  • TAST has a relatively high debt to equity ratio of 7.6.
  • Total TAST debt is higher than 5 years ago, relative to shareholder equity.
  • TAST earnings of $67.38M is not enough to cover its interest payments.
  • There are more long-term liabilities than short-term assets on the TAST balance sheet.

Is TAST stock a Buy, Hold, or Sell, according to analysts?

Out of 2 Wall Street analysts who give forecasts on TAST, the consensus analyst rating on Carrols Restaurant Group is a Hold

It's important to note that analyst forecasts are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Carrols Restaurant Group stock forecast page.

TAST Technicals

SMA10
9.5
SMA20
9.5
SMA50
9.48
SMA100
8.97
SMA200
7.65
MACD
0.02
MACD Signal
0.02
MACD Histogram
0
RSI
61.97
Stochastic %K
66.67
Stochastic %D
68.52
StochRSI %K
65.56
StochRSI %D
69.39

TAST Performance Metrics

Last year, TAST earnings were $33.80M. During the past five year, TAST's earnings have grown by 19.23% per year. This was faster than the Restaurants industry average of 15.72%.

Last year, TAST revenue was $1.88B. During the past 5 year, TAST's revenue has increased by 9.73% per year. This was faster than the Restaurants industry average of 8.82%.

Learn more about TAST's earnings and revenue performance here.

Are TAST executives and large shareholders buying or selling the stock?

In the past 12 months, executives and large shareholders at TAST have sold more shares than they have bought.

Richard G. Cross, SVP Chief Development Officer of TAST, was the latest TAST insider to sell. They sold $8,153.67 worth of TAST shares on Mar 9, 2024.

Learn more about who owns TAST stock here.

Does TAST stock generate passive income?

No, Carrols Restaurant Group doesn't provide an income stream by paying out dividends.

Get analysis from other traders

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Execute your TAST trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a given dollar amount limit, use a limit order.

Press the Open button and eToro will place your order.

If you need more help investing in stocks on eToro, click the helpful video below:

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Step 6: Get notifications regarding your TAST investment

Now that you own some TAST stock, you'll want to stay up-to-date on your new investment.

Start a watchlist to monitor your TAST stock.

TAST Feed

How to Buy Stock in Carrols Restaurant Group

To summarize, here are the 6 steps for buying Carrols Restaurant Group stock:

  1. Choose where to buy Carrols Restaurant Group stock
  2. Sign up for your brokerage account
  3. Deposit money your investment account
  4. Evaluate Carrols Restaurant Group stock
  5. Execute your TAST trade
  6. Get notifications regarding your TAST investment

If you require a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your investment in Carrols Restaurant Group, create your watchlist below.

NASDAQ: TAST
$9.51+0.00 (+0%)
Updated Apr 25, 2024
Open eToro Account
NASDAQ: TAST
$9.51+0.00 (+0%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one Carrols Restaurant Group share?

As of Apr 25, 2024, it costs $9.51 to buy one share of Carrols Restaurant Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $4, you can buy 0.421 shares of TAST.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Carrols Restaurant Group stock?

According to 2 Wall Street analysts who monitor Carrols Restaurant Group, their consensus recommendation is to hold Carrols Restaurant Group stock.

What is the best way to buy Carrols Restaurant Group stock?

One way to place an order for Carrols Restaurant Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.