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NASDAQ: TAST
Carrols Restaurant Group Inc Stock Forecast, Predictions & Price Target

Analyst price target for TAST

Based on 2 analysts offering 12 month price targets for Carrols Restaurant Group Inc.
Min Forecast
$3.00+45.63%
Avg Forecast
$3.50+69.9%
Max Forecast
$4.00+94.17%

Should I buy or sell TAST stock?

Based on 2 analysts offering ratings for Carrols Restaurant Group Inc.
Strong Buy
Strong Buy
2 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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TAST stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Deutsche Bank
Top 5%
96
Strong BuyMaintains$4.00+94.17%2022-11-14
Stephens & Co.
Top 11%
90
Strong BuyMaintains$3.00+45.63%2022-11-10

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Forecast return on equity

Is TAST forecast to generate an efficient return?
Company
-5.35%
Industry
-48.3%
Market
47.94%
TAST's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is TAST forecast to generate an efficient return on assets?
Company
-0.56%
Industry
16.37%
TAST is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

TAST earnings per share forecast

What is TAST's earnings per share in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
-$0.22
Avg 2 year Forecast
-$0.17

TAST revenue forecast

What is TAST's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$1.8B+4.17%
Avg 2 year Forecast
$1.8B+7.24%
TAST's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TAST revenue growth forecast

How is TAST forecast to perform vs Restaurants companies and vs the US market?
Company
4.17%
Industry
8.99%
Market
70.6%
TAST's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TAST's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TAST vs Restaurant Stocks

TickerPricePrice TargetUp/downsideConsensus
TAST$2.06$3.50+69.90%Strong Buy
FAT$7.10$25.00+252.11%Strong Buy
ARKR$19.41N/AN/A
RRGB$9.77$7.50-23.23%Hold
BDL$27.06N/AN/A

Carrols Restaurant Group Stock Forecast FAQ

Is Carrols Restaurant Group Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: TAST) stock is to Strong Buy TAST stock.

Out of 2 analysts, 2 (100%) are recommending TAST as a Strong Buy, 0 (0%) are recommending TAST as a Buy, 0 (0%) are recommending TAST as a Hold, 0 (0%) are recommending TAST as a Sell, and 0 (0%) are recommending TAST as a Strong Sell.

If you're new to stock investing, here's how to buy Carrols Restaurant Group stock.

What is TAST's earnings growth forecast for 2023-2024?

(NASDAQ: TAST) Carrols Restaurant Group's forecast annual earnings growth rate of N/A is not forecast to beat the US Restaurants industry's average forecast earnings growth rate of 28.7%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 85.06%.

Carrols Restaurant Group's earnings in 2023 is -$72,842,000.On average, 2 Wall Street analysts forecast TAST's earnings for 2023 to be -$11,720,120, with the lowest TAST earnings forecast at -$15,449,249, and the highest TAST earnings forecast at -$7,458,258.

In 2024, TAST is forecast to generate -$9,056,456 in earnings, with the lowest earnings forecast at -$9,056,456 and the highest earnings forecast at -$9,056,456.

What is TAST's revenue growth forecast for 2023-2024?

(NASDAQ: TAST) Carrols Restaurant Group's forecast annual revenue growth rate of 4.17% is not forecast to beat the US Restaurants industry's average forecast revenue growth rate of 8.99%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 70.6%.

Carrols Restaurant Group's revenue in 2023 is $1,701,515,000.On average, 2 Wall Street analysts forecast TAST's revenue for 2023 to be $94,428,685,911, with the lowest TAST revenue forecast at $93,556,815,542, and the highest TAST revenue forecast at $95,300,556,281.

In 2024, TAST is forecast to generate $97,206,673,953 in revenue, with the lowest revenue forecast at $97,206,673,953 and the highest revenue forecast at $97,206,673,953.

What is TAST's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: TAST) forecast ROA is -0.56%, which is lower than the forecast US Restaurants industry average of 16.37%.

What is TAST's Price Target?

According to 2 Wall Street analysts that have issued a 1 year TAST price target, the average TAST price target is $3.50, with the highest TAST stock price forecast at $4.00 and the lowest TAST stock price forecast at $3.00.

On average, Wall Street analysts predict that Carrols Restaurant Group's share price could reach $3.50 by Nov 14, 2023. The average Carrols Restaurant Group stock price prediction forecasts a potential upside of 69.9% from the current TAST share price of $2.06.

What is TAST's Earnings Per Share (EPS) forecast for 2023-2024?

(NASDAQ: TAST) Carrols Restaurant Group's current Earnings Per Share (EPS) is -$1.44. On average, analysts forecast that TAST's EPS will be -$0.22 for 2023, with the lowest EPS forecast at -$0.29, and the highest EPS forecast at -$0.14. In 2024, TAST's EPS is forecast to hit -$0.17 (min: -$0.17, max: -$0.17).

What is TAST's forecast return on equity (ROE) for 2023-2024?

(NASDAQ: TAST) forecast ROE is -5.35%, which is considered weak.
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