|Bid||0.00 x 1300|
|Ask||0.00 x 4000|
|Day's Range||10.03 - 10.27|
|52 Week Range||3.21 - 11.75|
|Beta (5Y Monthly)||2.06|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 08, 2021|
|Forward Dividend & Yield||0.16 (1.57%)|
|Ex-Dividend Date||Feb 01, 2021|
|1y Target Est||13.25|
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
Del Taco Restaurants Inc. said Thursday that the chain's franchisees saw comp sales increases in the third and fourth quarters of 2020, bringing full-year comp sales growth to 1.4%. Comp sales in the third-quarter were up 6.5%, and for the fourth-quarter, comp sales grew 7.5%. Del Taco Chief Executive John D. Cappasola Jr. said in a statement that franchising will lead company growth plans in 2021. Del Taco stock has tripled over the past year, growing 200.3%, while the benchmark S&P 500 index is up 60.8% for the period.
Del Taco, the nation's second largest Mexican quick service restaurant chain, is carrying tremendous momentum into the first quarter of 2021. Despite pandemic-induced pressures, the brand was resilient during the initial COVID-19 slowdown and began to thrive during the second half of 2020. This led to their eighth consecutive year of positive franchise same store sales growth which provides a great trajectory for the brand as it continues through 2021. Underscoring their tremendous performance, franchised locations have enjoyed topline sales strength that far exceeds industry trends.*