The Benchmark Company initiated coverage on Del Taco with a new price target
$TACO
Restaurants
Consumer Services
The Benchmark Company initiated coverage of Del Taco with a rating of Buy and set a new price target of $14.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/7/2021 | Buy → Hold | Benchmark | |
| 12/7/2021 | $14.00 → $12.51 | Buy → Hold | Jefferies |
| 12/7/2021 | $15.00 → $12.50 | Outperform → Neutral | Wedbush |
| 11/12/2021 | $14.00 | Buy | The Benchmark Company |
| 11/12/2021 | $14.00 | Buy | Benchmark |
LAKE FOREST, Calif.--(BUSINESS WIRE)--Del Taco Restaurants, Inc. (“Del Taco” or the “Company”), (NASDAQ: TACO), the second largest Mexican-American quick service restaurant chain by units in the United States, today reported preliminary unaudited fiscal fourth quarter and fiscal year 2020 sales results for the 16 and 52 week periods ending December 29, 2020. The Company also provided a liquidity and share repurchase update and announced that its Board of Directors has authorized the initiation of a quarterly cash dividend. Management Commentary John D. Cappasola, Jr., President and Chief Executive Officer of Del Taco, commented, “We are very pleased to report a system-wide compara
Benchmark downgraded Del Taco Restaurants from Buy to Hold
Jefferies downgraded Del Taco Restaurants from Buy to Hold and set a new price target of $12.51 from $14.00 previously
Wedbush downgraded Del Taco Restaurants from Outperform to Neutral and set a new price target of $12.50 from $15.00 previously
EFFECT - Del Taco Restaurants, Inc. (0001585583) (Filer)
POS AM - Del Taco Restaurants, Inc. (0001585583) (Filer)
AW - Del Taco Restaurants, Inc. (0001585583) (Filer)
Brings Together Two Brands with Complementary Cultures, Guest Profiles, Operating Models and Market Opportunities True QSR in the Attractive and Growing Mexican Category with a Leading Brand Creates Critical Economies of Scale and Reinforces Unit Growth Strategies for Both Brands Nationwide Financially Compelling Transaction with Meaningful Synergy Opportunities is Expected to be Immediately Accretive to Jack in the Box EPS Jack in the Box Inc. (NASDAQ:JACK), one of the nation's leading QSR chains, and Del Taco Restaurants, Inc. (NASDAQ:TACO), the nation's second largest Mexican QSR chain by number of restaurants, today announced that the companies have entered into a definitive
Signs Seven Franchise Development Agreements Year to Date for 53 New Del Taco Restaurants from Coast to Coast Launches New Multi-Experience and Multi-Tiered Del Yeah!™ Rewards App Del Taco Restaurants, Inc. ("Del Taco" or the "Company"), (NASDAQ:TACO), the second largest Mexican-American quick service restaurant chain by units in the United States, today reported fiscal third quarter 2021 financial results for the 12-week period ended September 7, 2021. Management Commentary John D. Cappasola, Jr., President and Chief Executive Officer of Del Taco, commented, "We have made significant progress in signing new franchise development agreements, having signed a total of seven so far this ye
Del Taco Restaurants, Inc. ("Del Taco" or the "Company") (NASDAQ:TACO), the nation's second largest Mexican quick service restaurant*, will announce fiscal third quarter 2021 financial results on Thursday, October 14, 2021 after the market closes. A conference call and webcast are scheduled for 4:30 p.m. ET that same day. Hosting the conference call and webcast will be John D. Cappasola, Jr., President and Chief Executive Officer; and Steven L. Brake, Executive Vice President and Chief Financial Officer. Interested parties may listen to the conference call via telephone by dialing 201-689-8471. A telephone replay will be available shortly after the call has concluded and can be accessed b
SC 13G/A - Del Taco Restaurants, Inc. (0001585583) (Subject)
SC 13G/A - Del Taco Restaurants, Inc. (0001585583) (Subject)
SC 13G/A - Del Taco Restaurants, Inc. (0001585583) (Subject)
LAKE FOREST, Calif., June 21, 2022 (GLOBE NEWSWIRE) -- Del Taco, the nation's second largest Mexican quick service restaurant*, announced its newest multi-unit deal as the brand continues to add new locations across the Southeastern US. This partnership with experienced franchisees Brandon Jones and Tyrone Smith covers Tuscaloosa, AL and for the first time in the brand's history, Del Taco will be entering the state of Mississippi. "Tyrone and I have over four decades of experience operating in the QSR franchise space and have great success in making sure the brands we work with grow within the Mississippi and Alabama markets," says Jones. "This area has been in need of a superior Mexican
LAKE FOREST, Calif., June 09, 2022 (GLOBE NEWSWIRE) -- Del Taco, the nation's second largest Mexican quick service restaurant,* takes top taco honors for The Del Taco as "The Best Fast Food Taco in America" in Thrillist's annual The Fasties Fast Food Awards. This is the second consecutive win for The Del Taco from Thrillist. The Del Taco is made with lots of freshly grated cheddar cheese, seasoned beef, fresh lettuce, and diced tomatoes in a big six-inch crunchy corn shell. To illustrate the size and amount of ingredients, Del Taco is launching a marketing campaign that directly compares The Del Taco against Taco Bell's Crunchy Taco in addition to celebrating the award from Thrillist. The
LAKE FOREST, Calif., May 18, 2022 (GLOBE NEWSWIRE) -- Del Taco, the nation's second largest Mexican quick service restaurant*, announced its newest multi-unit deal that will add six new locations to the state of Alabama in partnership with franchisee Sam Abusaleem in the Huntsville market. "I am thrilled to become part of the Del Taco franchise team. My goal has been to bring a fresh, high quality, casual concept to the residents of Northern Alabama and Del Taco is just that," says Abusaleem. "I've been in the retail and restaurant industry for more than 30 years and am looking forward to growing my portfolio with such a well-respected brand that believes in the same dedication to its gue
4 - Del Taco Restaurants, Inc. (0001585583) (Issuer)
4 - Del Taco Restaurants, Inc. (0001585583) (Issuer)
4 - Del Taco Restaurants, Inc. (0001585583) (Issuer)
The IPO market saw record listings and capital raised in 2021. Several well-known big name companies joined the public markets in 2021, while other private companies delayed their listings or chose to raise private capital instead. Several carryovers from 2021 could go public in 2022m along with some new rumored companies. Here is a look at seven companies that could be among the biggest IPOs in 2022 if they materialize. Reddit: One of the most highly anticipated IPOs of 2022 will likely be Reddit, which recently filed confidential paperwork to go public. The company, which is home to the popular WallStreetBets subreddit, saw an increase in users and usage in 2021. Reddit reported 366 m
Upgrades For CarMax Inc (NYSE:KMX), JP Morgan upgraded the previous rating of Neutral to Overweight. For the second quarter, CarMax had an EPS of $1.72, compared to year-ago quarter EPS of $1.79. The stock has a 52-week-high of $155.98 and a 52-week-low of $90.30. At the end of the last trading period, CarMax closed at $144.50. According to Evercore ISI Group, the prior rating for RPM International Inc (NYSE:RPM) was changed from In-Line to Outperform. In the first quarter, RPM International showed an EPS of $1.08, compared to $1.44 from the year-ago quarter. The current stock performance of RPM International shows a 52-week-high of $99.30 and a 52-week-low of $76.43. Moreover, at the
The restaurant sector was hit hard by the COVID-19 pandemic, with many companies that relied on dine-in guests seeing significant revenue declines. Companies that had strong drive-thru sales and third-party delivery services saw strength in different times of the pandemic. Recent Deals, IPOs: Activity in restaurant stocks has also picked up on the public markets with several IPOs and deals announced. On Monday, Jack in the Box Inc (NASDAQ:JACK) announced it was acquiring Del Taco Restaurants (NASDAQ:TACO) for $575 million. The deal will give the combined company over 2,800 locations in 25 states. Del Taco is the second-largest Mexican QSR chain by units, with over 600 locations in 16 stat