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Date | Price Target | Rating | Analyst |
---|---|---|---|
3/7/2023 | $2.50 → $4.00 | Hold → Buy | Craig Hallum |
9/23/2022 | $4.00 | Overweight | Stephens |
1/5/2022 | $6.00 → $3.00 | Overweight → Equal-Weight | Stephens & Co. |
10/27/2021 | $7.00 → $5.00 | Buy → Hold | Craig-Hallum |
10/27/2021 | Buy → Hold | Craig Hallum | |
10/26/2021 | Outperform → Mkt Perform | Raymond James | |
10/14/2021 | $6.00 → $5.00 | Outperform | Raymond James |
8/13/2021 | $7.50 → $6.00 | Outperform | Raymond James |
TORONTO, May 16, 2024 /PRNewswire/ - Restaurant Brands International Inc. ("RBI") (TSX:QSR) (NYSE:QSR) (TSX:QSP) announced today that it has completed its previously announced acquisition of all issued and outstanding shares of Carrols Restaurant Group, Inc. ("Carrols") (NASDAQ:TAST) that are not already held by RBI or its affiliates for $9.55 per share in an all cash transaction, or an aggregate total enterprise value of approximately $1.0 billion. With the close of the acquisition, RBI adds the largest Burger King® ("BK") franchisee in the United States to its portfolio as p
MONSEY, N.Y., April 01, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP has renewed its investigation into the fairness of the price of $9.55 per share in cash for which Carrols Restaurant Group, Inc. (NASDAQ:TAST) ("Carrols") has agreed to be sold to Restaurant Brands International Inc. ("RBI"), the parent company of Burger King. Carrols is the largest Burger King franchisee in the United States. Affiliates of RBI and Burger King own 100% of Carrols Series D Convertible Preferred Stock, which is presently convertible into 9,414,580 shares of Carrols common stock, or 14.6% of Carrols outstanding common shares as of March 1, 2024. These affiliates have special rights, as detai
Burger King to remodel acquired restaurants over the next 5 years, accelerating Burger King's path to modern image Over time, Burger King to refranchise large majority of newly remodeled restaurants to smaller franchisee groups TORONTO, Jan. 16, 2024 /PRNewswire/ -- Restaurant Brands International Inc. ("RBI" or the "Company") (TSX:QSR) (NYSE:QSR) (TSX:QSP) and Carrols Restaurant Group, Inc. ("Carrols") (NASDAQ:TAST) today announced that they have reached an agreement for RBI to acquire all of Carrols issued and outstanding shares that are not already held by RBI or its affiliates for $9.55 per share in an all cash transaction, or an aggregate total enterprise value of approximately $1.0 bi
4 - CARROLS RESTAURANT GROUP, INC. (0000809248) (Issuer)
4 - CARROLS RESTAURANT GROUP, INC. (0000809248) (Issuer)
4 - CARROLS RESTAURANT GROUP, INC. (0000809248) (Issuer)
SC 13D/A - CARROLS RESTAURANT GROUP, INC. (0000809248) (Subject)
SC 13D/A - CARROLS RESTAURANT GROUP, INC. (0000809248) (Subject)
SC 13D/A - CARROLS RESTAURANT GROUP, INC. (0000809248) (Subject)
EFFECT - CARROLS RESTAURANT GROUP, INC. (0000809248) (Filer)
EFFECT - CARROLS RESTAURANT GROUP, INC. (0000809248) (Filer)
8-K - CARROLS RESTAURANT GROUP, INC. (0000809248) (Filer)
As of April 22, 2024, two stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here's the latest list of major overbought players in this sector. Carrols Restaurant Group, Inc (NASDAQ:TAST) On April 19, Carrols Restaurant 13D
- SEC Filing
Truist Securities analyst Jake Bartlett downgrades Carrols Restaurant Group (NASDAQ:TAST) from Buy to Hold and lowers the price target from $10 to $9.55.
Burger King to remodel acquired restaurants over the next 5 years, accelerating Burger King's path to modern image Over time, Burger King to refranchise large majority of newly remodeled restaurants to smaller franchisee groups TORONTO, Jan. 16, 2024 /PRNewswire/ -- Restaurant Brands International Inc. ("RBI" or the "Company") (TSX:QSR) (NYSE:QSR) (TSX:QSP) and Carrols Restaurant Group, Inc. ("Carrols") (NASDAQ:TAST) today announced that they have reached an agreement for RBI to acquire all of Carrols issued and outstanding shares that are not already held by RBI or its affiliates for $9.55 per share in an all cash transaction, or an aggregate total enterprise value of approximately $1.0 bi
Comparable restaurant sales growth of 8.2%, including positive traffic growth at our Burger King restaurants Top-line strength helped deliver another quarter of improved profitability Board declares regular quarterly dividend SYRACUSE, N.Y., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Carrols Restaurant Group, Inc. ("Carrols" or the "Company") (NASDAQ:TAST), the largest BURGER KING® franchisee in the United States, today reported its financial results for the third quarter ended October 1, 2023. Highlights for the Third Quarter of 2023 versus the Third Quarter of 2022 include: Total restaurant sales increased 7.2% to $475.8 million in the third quarter of 2023, compared to $
SYRACUSE, N.Y., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Carrols Restaurant Group, Inc. ("Carrols" or the "Company") (NASDAQ:TAST), the largest BURGER KING® franchisee in the United States, today announced that it will host a conference call to discuss the Company's third quarter 2023 financial results on Thursday, November 9, 2023 at 8:30 a.m. (ET). A press release reporting the Company's financial results for the third quarter 2023 will be issued at 7:00 a.m. (ET) that same day. Participating in the conference call from Carrols will be Deborah M. Derby, the Company's President and Chief Executive Officer, and Anthony E. Hull, the Company's Chief Financial Officer. The conference call can be ac
Craig Hallum upgraded Carrols Restaurant Group from Hold to Buy and set a new price target of $4.00 from $2.50 previously
Stephens initiated coverage of Carrols Restaurant Group with a rating of Overweight and set a new price target of $4.00
Stephens & Co. downgraded Carrols Restaurant Group from Overweight to Equal-Weight and set a new price target of $3.00 from $6.00 previously
SYRACUSE, N.Y., April 13, 2023 (GLOBE NEWSWIRE) -- Carrols Restaurant Group, Inc. ("Carrols" or the "Company") (NASDAQ:TAST) announced today that its Board of Directors has appointed Deborah M. Derby as the Company's new President and Chief Executive Officer, effective May 1, 2023. Ms. Derby will succeed Paulo A. Pena, the Company's former President and CEO who passed away unexpectedly on December 31, 2022, and Anthony Hull, the Company's Interim President and Chief Executive Officer, who will continue to serve as the Company's Vice President, Chief Financial Officer and Treasurer. Ms. Derby, who has served as an independent member of the Company's Board of Directors since June 2018, will
Anthony E. Hull Appointed Interim President and CEO Joseph Hoffman Appointed Chief Restaurant Officer SYRACUSE, N.Y., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Carrols Restaurant Group, Inc. ("Carrols" or the "Company") (NASDAQ:TAST) today announced the passing of Paulo A. Pena who died unexpectedly in the hospital on Saturday, December 31, 2022. Mr. Pena, who had served as the Company's President and Chief Executive Officer since April 1, 2022, was 50 years old. David Harris, the Chairman of the Board of Directors of Carrols, said, "We are deeply saddened by the untimely passing of our friend and colleague Paulo Pena. While his time at Carrols was relatively short, his impact on the Comp
SYRACUSE, N.Y., June 22, 2022 (GLOBE NEWSWIRE) -- Carrols Restaurant Group, Inc. ("Carrols" or the "Company") (NASDAQ:TAST) announced today the appointment of Ahmad Filsoof as Vice President of Strategic Initiatives, a new position, to further the Company's strategic capabilities and commitment to business innovation. Mr. Filsoof comes to Carrols with over 15 years of experience in strategy development and planning, business and consumer insights, performance management, consulting, and technology. Prior to joining Carrols, Mr. Filsoof was Head of Sales Strategy, Operations, Enablement, and Planning at Amazon Web Services from May 2020 to January 2022, where he led business strategy and p