Carrols Restaurant Group Inc

Company Profile

Carrols Restaurant Group Inc had its IPO on 2006-12-15 under the ticker symbol TAST.

The company operates in the Consumer Cyclical sector and Restaurants industry. Carrols Restaurant Group Inc has a staff strength of 6,075 employees.

Stock update

Shares of Carrols Restaurant Group Inc opened at $6.28 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $6.19 - $6.45, and closed at $6.24.

This is a -0.64% slip from the previous day's closing price.

A total volume of 496,447 shares were traded at the close of the day’s session.

In the last one week, shares of Carrols Restaurant Group Inc have slipped by -9.96%.

Carrols Restaurant Group Inc's Key Ratios

Carrols Restaurant Group Inc has a market cap of $325.76 million, indicating a price to book ratio of 0.4529 and a price to sales ratio of 0.0454.

In the last 12-months Carrols Restaurant Group Inc’s revenue was $1.82 billion with a gross profit of $210.96 million and an EBITDA of $108.68 million. The EBITDA ratio measures Carrols Restaurant Group Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Carrols Restaurant Group Inc’s operating margin was 1.81% while its return on assets stood at 1.27% with a return of equity of -7.02%.

In Q2, Carrols Restaurant Group Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 9.8%.

Carrols Restaurant Group Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

2.79

Its diluted EPS in the last 12-months stands at $-0.29 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 2.79. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Carrols Restaurant Group Inc’s profitability.

Carrols Restaurant Group Inc stock is trading at a EV to sales ratio of 0.8188 and a EV to EBITDA ratio of 68.7978. Its price to sales ratio in the trailing 12-months stood at 0.0454.

Carrols Restaurant Group Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$1.60 billion

Total Liabilities

$180.91 million

Operating Cash Flow

$-6624000.00

Capital Expenditure

$9.04 million

Dividend Payout Ratio

0%

Carrols Restaurant Group Inc ended 2023 with $1.60 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.60 billion while shareholder equity stood at $168.03 million.

Carrols Restaurant Group Inc ended 2023 with $8.96 million in deferred long-term liabilities, $180.91 million in other current liabilities, 538000.00 in common stock, $-121150000.00 in retained earnings and $107.75 million in goodwill. Its cash balance stood at $40.93 million and cash and short-term investments were $40.93 million. The company’s total short-term debt was $55,823,000 while long-term debt stood at $464.26 million.

Carrols Restaurant Group Inc’s total current assets stands at $95.17 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $23.34 million compared to accounts payable of $32.83 million and inventory worth $13.02 million.

In 2023, Carrols Restaurant Group Inc's operating cash flow was $-6624000.00 while its capital expenditure stood at $9.04 million.

Comparatively, Carrols Restaurant Group Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$6.24

52-Week High

$7.75

52-Week Low

$1.31

Analyst Target Price

$6.63

Carrols Restaurant Group Inc stock is currently trading at $6.24 per share. It touched a 52-week high of $7.75 and a 52-week low of $7.75. Analysts tracking the stock have a 12-month average target price of $6.63.

Its 50-day moving average was $6.11 and 200-day moving average was $3.75 The short ratio stood at 1.8 indicating a short percent outstanding of 0%.

Around 3746.5% of the company’s stock are held by insiders while 2981.2% are held by institutions.