On 11/9/23, Carrols Restaurant Group Inc (NASDAQ: TAST) stock enjoyed a major increase of 22.7%, closing at $7.63. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 31.6% during the last week.
Current PriceTarget Research Rating
TAST is expected to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Carrols Restaurant Group has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Carrols Restaurant Group has a slightly negative Appreciation Score of 34 but a very high Power Rating of 100, leading to the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment