TAST Stock Summary and Trading Ideas (Carrols Restaurant Group | NASDAQ:TAST)

Carrols Restaurant Group Inc is a restaurant company. It owns and operates Burger King restaurants in the Northeastern, Midwestern, and Southeastern United States. The Burger King restaurants are quick-service restaurants featuring hamburgers and other sandwiches.

Carrols Restaurant Group trades on the NASDAQ stock market under the symbol TAST.

As of April 15, 2024, TAST stock price climbed to $9.49 with 639,373 million shares trading.

TAST has a beta of -0.16, meaning it tends to be less sensitive to market movements. TAST has a correlation of 0.00 to the broad based SPY ETF.

TAST has a market cap of $521.78 million. This is considered a Small Cap stock.

Last quarter Carrols Restaurant Group reported $470 million in Revenue and $.10 earnings per share. This fell short of revenue expectation by $-52,000 and exceeded earnings estimates by $.05.

In the last 3 years, TAST stock traded as high as $9.54 and as low as $1.28.

The top ETF exchange traded funds that TAST belongs to (by Net Assets): VTI, IWM, VXF, IWN, DES.

TAST has outperformed the market in the last year with a price return of +241.6% while the SPY ETF gained +23.9%. TAST has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +12.9% and -0.2%, respectively, while the SPY returned +6.2% and -3.4%, respectively.

TAST support price is $9.46 and resistance is $9.50 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TAST stock will trade within this expected range on the day.