TACO - Del Taco Restaurants, Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
12.33
+0.09 (+0.74%)
As of 9:30AM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close12.24
Open12.27
Bid12.20 x 1300
Ask0.00 x 1200
Day's Range12.27 - 12.33
52 Week Range9.46 - 14.13
Volume4,893
Avg. Volume388,698
Market Cap453.072M
Beta (3Y Monthly)0.46
PE Ratio (TTM)27.22
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Del Taco Restaurants (TACO) Expected to Beat Earnings Estimates: Should You Buy?
    Zacks23 hours ago

    Del Taco Restaurants (TACO) Expected to Beat Earnings Estimates: Should You Buy?

    Del Taco (TACO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Restaurant Brands International: Burger King Needs a Better Taco
    InvestorPlace11 days ago

    Restaurant Brands International: Burger King Needs a Better Taco

    Restaurant Brands International (NYSE:QSR) rolled out tacos at their Burger King chain recently and the fans jeered.Source: Shutterstock It was easy to see why. The Burger King version is a thoroughly American creation of ground beef and hamburger toppings inside a crisped shell. It's not even as good as Taco Bell, the YUM! Brands (NYSE:YUM) chain that was once sued by customers claiming the meat inside wasn't actually meat.But the move does hint at something. Taco sales are up 4% in 2019. People like them. They're also cheap and easy to make. For operators dedicated to growth like Restaurant Brands International, tacos are a natural fit. Note that QSR stock has risen nearly 40% so far in 2019.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Brazilian MagicThe Brazilians at 3G Capital formed Restaurant Brands in 2014, combining the Burger King and Tim Horton's chains. In 2017 they added Popeye's, a chicken franchise.Under their zero-based budgeting system, in which every dollar spent must be justified every year, the chains have thrived. The shares are up 70% since the merger. There's a 50 cent per share dividend yielding 2.81%, and 2018 sales were up 17%. There is 65 cents per share of profit on $1.39 billion in sales expected for the June quarter, which will be reported July 31. * 10 Stocks to Buy for Less Than Book It's a stark contrast to 3G's other big deal, Kraft Heinz (NASDAQ:KHC), which has been a disaster for shareholders since its formation at the start of 2015. Those shares are down 60% despite a dividend now yielding 5.11%.Fast food yields to the zero-based touch more easily than food manufacturing. Corporate franchisees can crunch the numbers as just-another operational detail.But, as a recent lawsuit by Tim Horton's franchisees shows, you can only squeeze a concept so far. Critics have recently called QSR stock overvalued. The best way to keep growing may be with another franchise. Some Tacos?Mexican food can be a home run, if done right. Just look at Chipotle Mexican Grill (NYSE:CMG), which has now recovered from its scandals. CMG stock is up 70% so far in 2019.All this brought me to Del Taco Restaurants (NASDAQ:TACO). (I've got a little interest in Del Taco. My brother once worked in one and burned his hand in a fryer.)Del Taco has had a turbulent history but it makes a decent taco. They had sales of $505 million in fiscal 2019 and showed a small profit. The market cap is about $461 million, just short of the sales figure. QSR sells for over 3.5 times sales.Del Taco has just the right size and just the right menu for an operator who wants to make it a national franchise. The fast food business is consolidating. The last two years have seen over 70 deals in the space. Private equity groups Roark Capital and JAB Holding are gobbling up chains by the handful. They're all chasing YUM! Brands, which owns Taco Bell and McDonald's (NYSE:MCD), which has more than doubled in value under CEO Steve Easterbrook. Bottom Line on QSR StockThe trend in fast food is for good operators to expand through acquisition and squeeze out fatter margins from chains and franchises. That's QSR's business model.It's a tough business that is rapidly consolidating. There aren't many profitable operations of reasonable size left to be gobbled up. Tacos are a growing business and Del Taco would be a tasty bite for an acquirer. See how quickly QSR, or one of its rivals, pounces on it.Dana Blankenhorn is a financial and technology journalist. He is the author of a new environmental story, Bridget O'Flynn and the Bear, available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing, he owned shares in QSR. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy for Less Than Book * 7 Marijuana Stocks With Critical Levels to Watch * The 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond The post Restaurant Brands International: Burger King Needs a Better Taco appeared first on InvestorPlace.

  • Here’s What Hedge Funds Think About Del Taco Restaurants Inc (TACO)
    Insider Monkey18 days ago

    Here’s What Hedge Funds Think About Del Taco Restaurants Inc (TACO)

    At Insider Monkey we track the activity of some of the best-performing hedge funds like Appaloosa Management, Baupost, and Tiger Global because we determined that some of the stocks that they are collectively bullish on can help us generate returns above the broader indices. Out of thousands of stocks that hedge funds invest in, small-caps […]

  • Have Insiders Been Selling Del Taco Restaurants, Inc. (NASDAQ:TACO) Shares?
    Simply Wall St.18 days ago

    Have Insiders Been Selling Del Taco Restaurants, Inc. (NASDAQ:TACO) Shares?

    It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...

  • InvestorPlacelast month

    Watch for a Bubble as Beyond Meat Stock Begins to Cool

    Did Beyond Meat (NASDAQ:BYND) just begin a cooldown? The Beyond Meat stock price fell from over $200 per share to around $165 per share as one restaurant chain opted not to include its plant-based meat on their menu. This ended a meteoric rise in the stock from when it launched its IPO in early May.Source: Shutterstock Whether this constitutes profit-taking or a sustained move down remains unclear. However, given its current multiple and the lack of a catalyst to take BYND further, investors should probably stay away. A Closer Look at Beyond Meat StockBeyond stock fell as Yum! Brands (NYSE:YUM) restaurant chain Taco Bell announced that they would stay with their current vegetarian options. This also stopped the momentum that had taken BYND stock to more than eight times its IPO price in less than two months.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMany might see this drop as a "buying opportunity." With an increased focus on healthy food, this could well be just the beginning for plant-based meat products. Moreover, even for traders who see the run-up as concerning, Taco Bell's decision not to go with Beyond Meat does not justify such a drop.Beyond Meat counts many prominent restaurant chains as clients. Del Taco Restaurants (NASDAQ:TACO) reported that they sold about two million Beyond Meat tacos since April. Consequently, they will add two burritos featuring the meat substitute. Plant-based meat has also found its way on the menus of other restaurants. Both Carl's Jr. and TGI Friday's feature items with Beyond Meat products.Beyond Meat stock also benefits from its status as the only stock in this nascent industry. Its most direct peer, Impossible Foods, remains private. Tyson Foods (NYSE:TSN) also plans to offer a plant-based protein of their own, though they have not introduced such a product. Watch the ValuationStill, before placing buy orders on Beyond Meat, traders need to exercise caution. Several analysts have turned on BYND stock due to valuation concerns, and analysts project losses until at least next year. Most investors can understand this as Beyond Meat trades at around 87 times sales!Many might also question the $10 billion market cap. Wall Street predicts $204.97 million in revenue for the year. Even if the 63.5% revenue growth rate for 2020 comes to pass, prospective buyers need to act cautiously in such cases.Investors should also note that hot stocks take on higher risk in the food industry. Hot tech stocks tend to support higher multiples over long periods, making stocks with high valuations less risky. However, food industry stocks rarely gain premium price-to-earnings (PE) ratios or attention.Tyson trades at less than 14 times earnings. Also, Food wholesalers tend to trade at multiples in the teens, lagging S&P 500 averages. Should Beyond Meat lose its sizzle, it could easily fall to such multiples.Moreover, investors may have other stock choices in this industry soon. Impossible Foods does not plan an IPO so far. Still, the success of BYND stock could change those plans. Further, as Tyson or other food producers enter the business, some investors might opt for those stocks. Final Thoughts on Beyond Meat StockThe multiple on Beyond Meat stock makes the equity unpredictable. The plant-based meat industry could amount to a game-changer in the food industry. Consequently, traders have bid the price-to-sales multiple on the equity into the stratosphere.However, while the stock might trade at higher levels years from now, the short and medium term could become challenging. In most cases, failure to gain a customer such as Taco Bell would not have led to such a massive selloff in an equity. Still, with no obvious catalyst to take it beyond current levels, Beyond Meat could fall.Moreover, seeing the stock trade at more than 87 times sales indicates a likely bubble. Most of its industry peers trade at multiples below S&P 500 averages. If BYND falls due to a turn in sentiment, it could leave investors underwater in this equity for years.As we just saw with Beyond Meat stock recently, speculation in hot stocks can bring tremendous returns. However, at this point, such investors might fare better in an equity with more potential upside than BYND stock.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * The 7 Best Dow Jones Stocks to Buy for the Rest of 2019 * 5 Boring Stocks to Buy This Summer * 7 S&P 500 Stocks to Buy With Little Debt and Lots of Profits Compare Brokers The post Watch for a Bubble as Beyond Meat Stock Begins to Cool appeared first on InvestorPlace.

  • MarketWatchlast month

    Del Taco to add two new Beyond Meat plant-based burritos to its menu

    Del Taco Restaurants Inc. said Thursday it is expanding its partnership with Beyond Meat Inc. and will offer two new burritos containing that company's plant-based protein. The Mexican fast-food chain said it has sold almost two million Beyond Tacos and Beyond Avocado Tacos since adding those options to its menu in April. "The enthusiasm shown by our fans during the first weeks of our Beyond Meat offerings was undeniable," Del Taco Chief Executive John Cappasola said in a statement. The company is now adding the Beyond 8 Layer Burrrito and the Epic Beyond Cali Burrito to its menu at more than 580 locations across the U.S. Beyond Meat shares rose 2.5% premarket on the news. Del Taco shares were up 1.8% premarket and have gained 14.8% in the last 12 months, while the S&P 500 has gained 16.7%.

  • Taco Bell is testing plant-based proteins
    Yahoo Financelast month

    Taco Bell is testing plant-based proteins

    The hype around plant-based proteins is hot, and Taco Bell is looking to jump on the bandwagon.

  • Del Taco teams with Beyond Meat on plant-based burritos
    American City Business Journalslast month

    Del Taco teams with Beyond Meat on plant-based burritos

    Just two months after the launch of Beyond Tacos, tacos made with Beyond Meat’s plant-based protein, Del Taco Restaurants is now unveiling Beyond burritos.

  • Beyond Meat (BYND) Declines After Extraordinary Debut
    Zackslast month

    Beyond Meat (BYND) Declines After Extraordinary Debut

    On Tuesday, shares of Beyond Meat (BYND) are plunging, down over 20% in afternoon trading

  • Investor: 'The most interesting thing' in Beyond Meat's earnings
    Yahoo Financelast month

    Investor: 'The most interesting thing' in Beyond Meat's earnings

    Beyond Meat's growth is exploding and its stock is skyrocketing. An early investor reveals the most interesting thing he sees in the company's first-ever earnings report.

  • Beyond Meat gives strong guidance, shares rise
    Yahoo Finance2 months ago

    Beyond Meat gives strong guidance, shares rise

    Beyond Meat shares jumped after the alternative-meat company reported better-than-expected sales and guidance.

  • Here's where you can actually find Beyond Meat
    Yahoo Finance2 months ago

    Here's where you can actually find Beyond Meat

    The hype surrounding Beyond Meat has skyrocketed. Here's where to find the alternative-meat products.

  • Is Del Taco Restaurants, Inc.'s (NASDAQ:TACO) Balance Sheet A Threat To Its Future?
    Simply Wall St.2 months ago

    Is Del Taco Restaurants, Inc.'s (NASDAQ:TACO) Balance Sheet A Threat To Its Future?

    Investors are always looking for growth in small-cap stocks like Del Taco Restaurants, Inc. (NASDAQ:TACO), with a...

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of TACO earnings conference call or presentation 6-May-19 8:30pm GMT

    Q1 2019 Del Taco Restaurants Inc Earnings Call

  • Del Taco Restaurants (TACO) Q1 Earnings and Revenues Lag Estimates
    Zacks3 months ago

    Del Taco Restaurants (TACO) Q1 Earnings and Revenues Lag Estimates

    Del Taco (TACO) delivered earnings and revenue surprises of -33.33% and -0.34%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Associated Press3 months ago

    Del Taco: 1Q Earnings Snapshot

    On a per-share basis, the Lake Forest, California-based company said it had net income of 4 cents. The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by ...

  • MarketWatch3 months ago

    Del Taco stock falls, company blames Q1 miss on weather, delayed Lent

    Shares of Del Taco Restaurants Inc. fell nearly 6% in the extended session Monday after the fast-food chain missed profit expectations, saying its comparable-restaurant sales and transactions were "adversely impacted" by bad weather in California and throughout the West as well as a delayed Lenten season. Del Taco earned $1.4 million, or 4 cents a share, in the quarter, compared with $3.2 million, or 8 cents a share, in the year-ago quarter. Adjusted for one-time items, Del Taco earned $1.7 million, or 4 cents a share. Revenue rose 1.5% to $114.2 million. Analysts polled by FactSet had expected adjusted earnings of 6 cents a share on sales of $114.2 million.

  • Benzinga3 months ago

    Del Taco Restaurants Q1 Earnings Preview

    Del Taco Restaurants, Inc. (NASDAQ: TACO ) announces its next round of earnings this Monday, May 6. Here's Benzinga's look at Del Taco's first-quarter earnings report. Earnings and Revenue Wall Street ...

  • Here's What Beyond Meat Is Planning Next As Stock Adds To IPO Pop
    Investor's Business Daily3 months ago

    Here's What Beyond Meat Is Planning Next As Stock Adds To IPO Pop

    Beyond Meat is already looking beyond its plant-based products that look and taste like ground beef and sausage.

  • Earnings Preview: Del Taco Restaurants (TACO) Q1 Earnings Expected to Decline
    Zacks3 months ago

    Earnings Preview: Del Taco Restaurants (TACO) Q1 Earnings Expected to Decline

    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.

  • Do You Know What Del Taco Restaurants, Inc.'s (NASDAQ:TACO) P/E Ratio Means?
    Simply Wall St.3 months ago

    Do You Know What Del Taco Restaurants, Inc.'s (NASDAQ:TACO) P/E Ratio Means?

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). We'll show how you can use Del Taco Restaurants, Inc.'s (NASDAQ:TACO) P/E ratio to inform your assessment of the...

  • Del Taco launching meatless tacos with Beyond Meat
    American City Business Journals3 months ago

    Del Taco launching meatless tacos with Beyond Meat

    Del Taco Restaurants Inc. is teaming with Beyond Meat to add meatless tacos to its 580 locations beginning April 25.

  • 7 National Burrito Day Deals for April 4, 2019
    InvestorPlace4 months ago

    7 National Burrito Day Deals for April 4, 2019

    Today is National Burrito Day and that means there are loads of deals to keep an eye out for.Source: Shutterstock The following are some of the best National Burrito Day deals you can get your hands on today. * Chipotle (NYSE:CMG) -- Customers that want free delivery from Chipotle can get it today when they place an order for $10 or more of food. * El Pollo Loco (NASDAQ:LOCO) -- The special offer available today lets customers buy one burrito and get the second one free, but they need a coupon first. * California Tortilla -- This deal is for members of the chain's rewards program and gets them credit for a free burrito or bowl if they purchase one today. * Jimboy's Tacos -- Anyone with one of these stores near them can grab burritos today for just $2.50 a piece. * Qdoba -- This isn't the best deal out there, but anyone ordering in store or through the mobile app today get triple rewards points. * Del Taco (NASDAQ:TACO) -- The deal here is that customers get a free half pound bean and cheese burrito with either green or red sauce when they spend at least $5. * Local Shops -- This one always varies, but it is definitely worth checking out the local Ma & Pa shops near where you live to see if they have any deals running. * 7 Biometric Stocks to Watch as AI Rises You can follow these links to see more National Burrito Day deals that are out there today.InvestorPlace - Stock Market News, Stock Advice & Trading Tips More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Low-Priced Tech Stocks With Great Potential * 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure * The Era of Car Ownership Is Over. And These 4 Charts Prove It As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post 7 National Burrito Day Deals for April 4, 2019 appeared first on InvestorPlace.

  • Thomson Reuters StreetEvents4 months ago

    Edited Transcript of TACO earnings conference call or presentation 18-Mar-19 8:30pm GMT

    Q4 2018 Del Taco Restaurants Inc Earnings Call

  • How to save big on Cinco de Mayo
    Yahoo Finance Video3 months ago

    How to save big on Cinco de Mayo

    Cinco de Mayo is this weekend, so let the celebrations begin! Yahoo Finance's Zack Guzman and Jeanie Ahn are joined by Heidi Learner, Savills Chief Economist, to discuss the biggest deals you can find.