Over the past three months, Del Taco Restaurants Inc. [TACO] ended the trading day at $10.39 and exhibited a change of 11.36% with a 24 hour trading and reached upto the volume of 528.64K compared to its recorded trading volume of 1.86 million. TACO generated a 1 year amount change with 10.06%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by 11.84% with an amount shift of 22.67% over the last month.
On 15, October 2020, Del Taco Restaurants, Inc. Reports Fiscal Third Quarter 2020 Financial Results. According to news published on Yahoo Finance, 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 2020 financial results for the 12-week period ending September 8, 2020 and provided a business update.
Analyst Birdseye View:
The most recent analyst activity for Del Taco Restaurants Inc. [NASDAQ:TACO] stock was on April 30, 2019, when it was Reiterated with a Buy rating from Maxim Group, which also lowered its 12-month price target on the stock from $15 to $14. On October 17, 2018, Maxim Group Reiterated a Buy rating and plunged its price target on this stock from $19 to $16. On October 17, 2018, BTIG Research Downgrade a Neutral rating. On July 06, 2018, Dougherty & Company Reiterated a Buy rating and increased its price target to $18.50. On March 16, 2018, Maxim Group Reiterated a Buy rating and boosted its amount target on this stock to $19. On October 20, 2017, BTIG Research Reiterated a Buy rating and decreased its target amount on this stock from $19 to $17. Maxim Group elevated its amount target by recapitulating a higher weight for this stock.
In the past 52 weeks of trading, this stock has oscillated between a low of $2.45 and a peak of $9.77. At the most recent market close, shares of Del Taco Restaurants Inc. [NASDAQ:TACO] were valued at $10.39.
Del Taco Restaurants Inc. [NASDAQ:TACO] most recently reported quarterly sales of 104.57 billion, which represented growth of -13.90%. This publicly-traded organization’s revenue is $65,394 per employee, while its income is -$15,080 per employee. This company’s Gross Margin is currently 74.60%, its Operating Margin is -44.40%, its Pretax Margin is -22.21, and its Net Margin is -23.06. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -14.59, -32.66, 4.90 and -18.13 respectively.
The Principal structure of this organization shows its whole liability to whole principal at 58.16 and the whole liability to whole assets at 48.70. It shows enduring liability to the whole principal at 55.66 and enduring liability to assets at 0.47 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 9.33 points at 1st support level, the second support level is making up to 8.28. But as of 1st resistance point, this stock is sitting at 10.94 and at 11.49 for 2nd resistance point.
Del Taco Restaurants Inc. [TACO] reported its earnings at $0 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.08/share signifying the difference of 0.08 and 100.00% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$0.01 calling estimates for -$0.01/share with the difference of 0 depicting the surprise of 0.00%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for Del Taco Restaurants Inc. [NASDAQ:TACO] is 0.30. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.02. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.57 and it’s amount to book ratio is 0.97.
The most recent insider trade was by LEVY LAWRENCE F, Director, and it was the purchase of 50800.0 shares on Aug 18. LEVY LAWRENCE F, the Director, completed a purchase of 500.0 shares on Aug 10. On Aug 10, Levy Ari B., Director, completed a purchase of 13100.0 shares.