TACO - Del Taco Restaurants, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
7.76
-0.01 (-0.13%)
At close: 4:00PM EST
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Previous Close7.77
Open7.77
Bid0.00 x 3100
Ask0.00 x 4000
Day's Range7.72 - 7.81
52 Week Range7.42 - 13.50
Volume329,368
Avg. Volume467,452
Market Cap290.941M
Beta (3Y Monthly)0.21
PE Ratio (TTM)194.00
EPS (TTM)0.04
Earnings DateOct 21, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est12.33
  • How Beyond Meat plans to 'upend the industry'
    Yahoo Finance Video

    How Beyond Meat plans to 'upend the industry'

    Beyond Meat beat on both the top and bottom lines in its Q3 earnings, and raised its guidance for the full year. The company keeps making gains, but as the field of meat alternatives is getting more and more crowded, CEO Ethan Brown says Beyond Meat is focusing on long-term growth.

  • Where to get the best deals on National Taco Day
    Yahoo Finance Video

    Where to get the best deals on National Taco Day

    It's National Taco Day! Yahoo Finance's Heidi Chung explains where to get the best deals. She is joined by Zack Guzman, Emily McCormick and Barron’s Senior Writer, Alexandra Scaggs.

  • The Facts Are Catching Up with BYND Stock
    InvestorPlace

    The Facts Are Catching Up with BYND Stock

    Beyond Meat (NASDAQ:BYND) stock is down over 60% from July. After its initial public offering (IPO) on May 2, BNYB stock price exploded to a peak of $234.90. Even with the steep plunge, BNYD stock is still up over 20% from its May 2 closing price.Source: Shutterstock But the party may be ending for the plant-based meat substitute producer. BYND was one of the last of the so-called unicorn stocks to fog investors' mirrors. Even though it has yet to show a profit, BYND stock price climbed over 700% from its initial IPO price of $25.Some of this was based on the altruistic reasons that some consumers have for reducing or eliminating meat from their diet. But emotion only takes a stock so far, and the problem for BYND stock is that as more facts are coming out about the product and consumer acceptance (or lack thereof), the stock may have further to fall.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Excess Optimism Might Hurt Beyond Meat StockA recent poll commissioned by Herbalife Nutrition found that 71% of the 2,000 respondents polled were open to including more plant-based foods in their diet. In addition, 53% said meat did not play a very large role in their diet. A key finding was that 16% of those surveyed said they didn't eat "meatless meat". However, when presented with additional facts, many conceded they were not aware "meatless meat" was not made in a lab. * 7 Stocks to Sell Before They Roll Over Undoubtedly statistics like this helped propel Beyond Meat's stock to stratospheric levels. And Beyond Meat looked to be building its brand with new product offerings and expanding margins that would, theoretically, lift the company into the black.However, all of that was based on the company continuing to grow its 2.1% market share. That looks to be in doubt. Is Beyond Meat a Healthier Alternative?In a recent op-ed piece in the Wall Street Journal, Rick Berman wrote in detail why plant-based meat was not any healthier than meat itself. The article points out that unlike the trend toward "clean food" which has no additives, plant-based meat is going in the opposite direction. And as consumers figure that out, they may turn away from BYND products.It appears that may already be starting. Berman writes that BYND's touted partnership with Tim Hortons is falling apart. The chain has pulled BYND products from all Canadian stores outside of British Columbia and Ontario. Del Taco (NASDAQ:TACO) and McDonald's (NYSE:MCD) are also reporting disappointing sales numbers.As I see it, this is touching on a fundamental problem for Beyond Meat. If they are going to grow their market share, they will need to draw in more than vegans and vegetarians. This presents two concerns.First, this represents a very narrow section of the population. According to a 2018 Gallup poll of 1,000 U.S. adults, only 5% identified themselves as vegetarian and only 3% identified as vegan. Gallup has been conducting this poll since 1999 and the percentages have stayed stable.Second, it's dangerous to assume why a vegetarian or vegan is choosing that lifestyle. Finding a plant-based burger substitute that "tastes like a burger" may not be their issue. And, as Berman wrote, a Beyond Meat burger may not be a very healthy alternative anyway. Will Traditional Meat Eaters Give BYND a Shot?So that means Beyond Meat needs to convert traditional meat-eaters to give its product a shot on an occasional basis. Here again I see a problem.If I want a burger, I want a burger. And if I don't want a burger, even if that's for altruistic reasons, I can choose a range of other foods - none of which are a burger. In fact, I can choose a vegetarian or vegan entree. It's that simple. There are a lot of choices. The Bottom Line on BYND StockIf it sounds like I'm down on BYND stock, it's because I am. When I look at the product, I see the company doesn't have a proprietary formula. When I look at the market, I see competition that is growing by the day.Beyond Meat does not have a moat to protect its business model. What it has is emotion. And investors all too often buy on emotion. But when investors buy on emotion, they will, at some point, need to justify with facts.The facts right now are that consumers can find different options to signal their objection to meat. And as more information about "how the sausage is made" is released, consumers will begin to realize that a Beyond Meat burger may be good for the environment, but not good for their health.As of this writing, Chris Markoch did not have a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Sell Before They Roll Over * 5 Beaten-Up Stocks to Buy That Could Be Saved By An Acquisition * 4 Startup Stocks Getting Smashed The post The Facts Are Catching Up with BYND Stock appeared first on InvestorPlace.

  • Thomson Reuters StreetEvents

    Edited Transcript of TACO earnings conference call or presentation 21-Oct-19 8:30pm GMT

    Q3 2019 Del Taco Restaurants Inc Earnings Call

  • Moving Average Crossover Alert: Del Taco Restaurants
    Zacks

    Moving Average Crossover Alert: Del Taco Restaurants

    Del Taco Restaurants, Inc. (TACO) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

  • Benzinga

    Wedbush Remains A Del Taco Bull Despite Disappointing Quarter

    Mexican-American quick service restaurant chain Del Taco Restaurants Inc (NASDAQ: TACO ) reported disappointing third quarter results Monday afternoon which could result in a "realistic bar" ...

  • Chipotle beats Q3 earnings expectations
    Yahoo Finance

    Chipotle beats Q3 earnings expectations

    Chipotle reported a beat on the top and bottom lines and crushed same-store sales estimates amid a competitive fast-food environment.

  • Del Taco Restaurants (TACO) Q3 Earnings and Revenues Miss Estimates
    Zacks

    Del Taco Restaurants (TACO) Q3 Earnings and Revenues Miss Estimates

    Del Taco (TACO) delivered earnings and revenue surprises of -28.57% and -0.16%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • MarketWatch

    Del Taco stock sinks after company cuts guidance, misses quarterly expectations

    Shares of Del Taco Restaurants Inc. fell more than 8% in the extended session Monday after the fast-food company posted an adjusted per-share profit below expectations and trimmed its guidance. Del Taco said it lost $7.7 million, or 21 cents a share, versus earnings of $5.9 million, or 15 cents a share, in the fiscal third quarter of 2018. Adjusted for one-time items, Del Taco earned $3.7 million, or 10 cents a share, compared with $6 million, or 15 cents a share, a year ago. Revenue rose 2% to $120.2 million. Analysts polled by FactSet had expected the company to report adjusted earnings of 14 cents a share on sales of $119 million. The outlook for 2019 was revised to "reflect (the company's) performance year-to-date and more conservative expectations for the 16-week fiscal fourth quarter," Del Taco said in a statement. Del Taco said it expects 2019 sales between $512 million and $515 million, down from a previous expectation of sales between $517 million and $527 million. The company called for adjusted per-share earnings between 44 cents and 47 cents, from a previous guidance of adjusted EPS between 47 cents and 52 cents. Shares of Del Taco ended the regular trading day up 2.9%.

  • Business Wire

    Del Taco Restaurants, Inc. Reports Fiscal Third Quarter 2019 Financial Results

    Refranchising of Three Non-Core Western Markets Expected to Conclude by First Quarter 2020

  • ACCESSWIRE

    Del Taco Restaurants, Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / October 21, 2018 / Del Taco Restaurants, Inc. (NASDAQ: TACO ) will be discussing their earnings results in their 2019 Third Quarter Earnings to be held on October 21, 2018 at ...

  • Benzinga

    A Preview Of Del Taco's Q3 Earnings

    Del Taco Restaurants (NASDAQ: TACO ) releases its next round of earnings Monday. Get the latest predictions in Benzinga's essential guide to the company's Q3 earnings report. Earnings and Revenue Based ...

  • Analysts Estimate Del Taco Restaurants (TACO) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate Del Taco Restaurants (TACO) to Report a Decline in Earnings: What to Look Out for

    Del Taco (TACO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Business Wire

    Del Taco Restaurants, Inc. to Announce Fiscal Third Quarter 2019 Financial Results on Monday, October 21, 2019

    Del Taco Restaurants, Inc. , the second largest Mexican-American quick service restaurant chain by units in the United States, will announce fiscal third quarter 2019 financial results on Monday, October 21, 2019 after the market closes.

  • GlobeNewswire

    Double the Del-Iciousness: Del Taco’s Best Taco Deal Yet

    Del Taco Restaurants, Inc. (TACO), the nation’s second leading Mexican quick service restaurant,* today announced a limited time deal for its craveable, fan-favorite menu item, The Del Taco.  “At Del Taco, we’re committed to preparing our menu items with fresh and quality ingredients that you won’t typically find at other fast food chains, like cheese that’s hand grated and tomatoes that are chopped fresh every day in every Del Taco restaurant,” said Barry Westrum, Del Taco’s Chief Marketing Officer. Inspired by the original taco served more than 55 years ago at Del Taco’s very first restaurant, The Del Taco is loaded with double the seasoned beef, double the freshly grated cheddar cheese, crisp lettuce, and fresh chopped tomatoes, all supported by a bigger, crunchier corn shell.

  • Is Del Taco Restaurants (NASDAQ:TACO) Using Too Much Debt?
    Simply Wall St.

    Is Del Taco Restaurants (NASDAQ:TACO) Using Too Much Debt?

    David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

  • Chipotle adds carne asada to its menus nationwide
    Yahoo Finance

    Chipotle adds carne asada to its menus nationwide

    Chipotle launches carne asada nationwide for a limited time.

  • GlobeNewswire

    Del Taco Tops the Competition With the Return of Fan-Favorite Carnitas for a Limited Time

    LAKE FOREST, Ill., Sept. 12, 2019 -- Del Taco Restaurants, Inc. (NASDAQ: TACO), the nation’s second leading Mexican quick service restaurant,* today announced the return of its.

  • Taco Bell launches new Toasted Cheddar Chalupa — and we tasted it
    Yahoo Finance

    Taco Bell launches new Toasted Cheddar Chalupa — and we tasted it

    Yahoo Finance taste tested Taco Bell's new Toasted Cheddar Chalupa, launching in the U.S. and internationally Thursday.

  • PR Newswire

    Del Taco Partners With Postmates To Bring Mexican And American Favorites Directly To Your Door

    SAN FRANCISCO, Sept. 10, 2019 /PRNewswire/ -- Del Taco Restaurants, Inc. (TACO), the nation's second largest Mexican quick service restaurant*, today announced it has partnered with Postmates, the leader in enabling anything to be delivered on demand, to provide fast delivery from its participating corporate and franchise restaurants to wherever the customer may be. To launch the partnership, from September 16th through September 22nd guests can save $5 off any Del Taco delivery order of $20 or more, from Postmates. "We know how important convenience is to our guests, and are thrilled to be able to continue expanding our delivery services through a partnership with Postmates," said Barry Westrum, Del Taco's Chief Marketing Officer.

  • Red Robin Gives Activist Investor the Bird
    CorpGov.com

    Red Robin Gives Activist Investor the Bird

    By John Jannarone Red Robin Gourmet Burgers, Inc. (ticker: RRGB) has done what activist Brian Kahn of Vintage Capital Management doubted was possible without his help: Find a credible CEO to attempt a turnaround. The question is whether shareholders will still be left hungry. The struggling burger chain announced Thursday it had hired restaurant veteran […]

  • A Closer Look At Del Taco Restaurants, Inc.'s (NASDAQ:TACO) Uninspiring ROE
    Simply Wall St.

    A Closer Look At Del Taco Restaurants, Inc.'s (NASDAQ:TACO) Uninspiring ROE

    Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...

  • Thomson Reuters StreetEvents

    Edited Transcript of TACO earnings conference call or presentation 29-Jul-19 8:30pm GMT

    Q2 2019 Del Taco Restaurants Inc Earnings Call