TACO - Del Taco Restaurants, Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
12.49
+0.10 (+0.81%)
At close: 4:00PM EDT

12.49 0.00 (0.00%)
After hours: 4:25PM EDT

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Previous Close12.39
Open12.25
Bid12.43 x 1100
Ask12.47 x 2200
Day's Range11.95 - 12.50
52 Week Range9.46 - 14.83
Volume1,549,240
Avg. Volume277,629
Market Cap458.951M
Beta (3Y Monthly)0.30
PE Ratio (TTM)27.57
EPS (TTM)0.45
Earnings DateOct 16, 2017 - Oct 20, 2017
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est13.50
Trade prices are not sourced from all markets
  • InvestorPlace4 days ago

    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.

  • MarketWatch5 days ago

    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%.

  • GlobeNewswire5 days ago

    Del Taco Introduces New Signature Burritos crafted With Beyond Meat® Plant-Based Protein

    LAKE FOREST, Calif., June 20, 2019 -- Del Taco Restaurants, Inc. (NASDAQ: TACO), the nation’s second leading Mexican quick service restaurant,* today announced that after one.

  • Taco Bell is testing plant-based proteins
    Yahoo Finance6 days ago

    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 Journals6 days ago

    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
    Zacks14 days ago

    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 Finance17 days ago

    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 Finance18 days 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 Finance19 days 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.last month

    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 StreetEventslast month

    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
    Zacks2 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 Press2 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 ...

  • MarketWatch2 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.

  • Business Wire2 months ago

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

    Reaffirms Guidance for Fiscal Year 2019

  • ACCESSWIRE2 months ago

    Del Taco Restaurants, Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / May 6, 2019 / Del Taco Restaurants, Inc. (NASDAQ: TACO ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on May 6, 2019 at 4:30 PM ...

  • Benzinga2 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 Daily2 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.

  • Business Wire2 months ago

    Del Taco Restaurants, Inc. Retains The Cypress Group to Lead Refranchising of Four Non-Core Western Markets

    Del Taco Restaurants, Inc. , the second largest Mexican-American quick service restaurant chain by units in the United States, recently commenced the marketing of certain company-operated restaurants across four non-core Western markets.

  • Earnings Preview: Del Taco Restaurants (TACO) Q1 Earnings Expected to Decline
    Zacks2 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.

  • Business Wire2 months ago

    Del Taco Restaurants, Inc. to Announce Fiscal First Quarter 2019 Financial Results on Monday, May 6, 2019

    Del Taco Restaurants, Inc. , the second largest Mexican-American quick service restaurant chain by units in the United States, will announce fiscal first quarter 2019 financial results on Monday, May 6, 2019 after the market closes.

  • Do You Know What Del Taco Restaurants, Inc.'s (NASDAQ:TACO) P/E Ratio Means?
    Simply Wall St.2 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 Journals2 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.

  • GlobeNewswire2 months ago

    Leading Mexican Fast Food Restaurant Del Taco Introduces the Future of Tacos With Beyond Meat® Plant-Based Protein

    Brand becomes the first national Mexican fast food chain to offer plant-based meat on-menu with the addition of Beyond Tacos at its 580 locations beginning Thursday, April 25th.

  • How to save big on Cinco de Mayo
    Yahoo Finance Video2 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.