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Recent Analyst Ratings for $TAST
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 |
Burger King® Company Completes Acquisition of Carrols Restaurant Group
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
TAST Alert: Monsey Firm of Wohl & Fruchter Renews Investigation of the Proposed Sale of Carrols Restaurant Group to Restaurant Brands International
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® Company to Acquire Carrols Restaurant Group
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
Carrols Restaurant Group upgraded by Craig Hallum with a new price target
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 on Carrols Restaurant Group with a new price target
Stephens initiated coverage of Carrols Restaurant Group with a rating of Overweight and set a new price target of $4.00
Carrols Restaurant Group downgraded by Stephens & Co. with a new price target
Stephens & Co. downgraded Carrols Restaurant Group from Overweight to Equal-Weight and set a new price target of $3.00 from $6.00 previously
Cambridge Franchise Holdings, Llc returned 10,901,582 shares to the company (SEC Form 4)
4 - CARROLS RESTAURANT GROUP, INC. (0000809248) (Issuer)
Mucher Nathan returned 169,348 shares to the company and converted options into 67,129 shares, closing all direct ownership in the company (SEC Form 4)
4 - CARROLS RESTAURANT GROUP, INC. (0000809248) (Issuer)
Hoffman Joseph W returned 332,120 shares to the company and converted options into 130,877 shares, closing all direct ownership in the company (SEC Form 4)
4 - CARROLS RESTAURANT GROUP, INC. (0000809248) (Issuer)
SEC Form EFFECT filed by Carrols Restaurant Group Inc.
EFFECT - CARROLS RESTAURANT GROUP, INC. (0000809248) (Filer)
SEC Form EFFECT filed by Carrols Restaurant Group Inc.
EFFECT - CARROLS RESTAURANT GROUP, INC. (0000809248) (Filer)
Carrols Restaurant Group Inc. filed SEC Form 8-K: Termination of a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Material Modification to Rights of Security Holders, Changes in Control of Registrant, Leadership Update, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Other Events, Financial Statements and Exhibits
8-K - CARROLS RESTAURANT GROUP, INC. (0000809248) (Filer)
Carrols Restaurant Group, Inc. Appoints Deborah M. Derby as Chief Executive Officer
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
Carrols Restaurant Group, Inc. Announces the Passing of President and Chief Executive Officer Paulo A. Pena
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
Carrols Restaurant Group, Inc. Appoints Ahmad Filsoof as Vice President of Strategic Initiatives
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
Burger King® Company to Acquire Carrols Restaurant Group
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
Carrols Restaurant Group, Inc. Reports Financial Results for the Third Quarter 2023
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 $
Carrols Restaurant Group, Inc. to Announce Third Quarter 2023 Financial Results on November 9, 2023
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
SEC Form SC 13D/A filed by Carrols Restaurant Group Inc. (Amendment)
SC 13D/A - CARROLS RESTAURANT GROUP, INC. (0000809248) (Subject)
SEC Form SC 13D/A filed by Carrols Restaurant Group Inc. (Amendment)
SC 13D/A - CARROLS RESTAURANT GROUP, INC. (0000809248) (Subject)
SEC Form SC 13D/A filed by Carrols Restaurant Group Inc. (Amendment)
SC 13D/A - CARROLS RESTAURANT GROUP, INC. (0000809248) (Subject)