INVESTOR ALERT: Investigation of Del Taco Announced by Holzer & Holzer

Cornelia Mascio
Ottobre 22, 2017

Active Investors to Know Technical Facts about Del Taco Restaurants, Inc. Citigroup initiated the stock with "Buy" rating in Tuesday, September 8 report.

Del Taco Restaurants (NASDAQ:TACO) last posted its quarterly earnings data on Thursday, October 19th.

Several analysts recently weighed in on TACO shares. Piper Jaffray maintained Del Taco Restaurants Inc (NASDAQ:TACO) rating on Monday, July 24. (:TACO). At the time of writing, the First Call consensus price target for the company is $17.19. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. The shares were sold at an average price of $10.55, for a total transaction of $63,300.00. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. Company shares are trading at $12.20 well below the 50 day moving average which is $14.97 and which is significantly below the 200 day moving average of $13.60. Trading volume was down 98.82% under the stocks average daily volume.

With a total market value of $0, Del Taco has PE ratio of 27.10 with a 52 week low of $11.58 and a 52 week high of $15.99. Finally, BTIG Research raised their price objective on shares of Del Taco Restaurants from $14.00 to $16.00 and gave the stock a "buy" rating in a report on Tuesday, October 18th. They expect $0.10 EPS, 0.00% or $0.00 from last year's $0.1 per share. Del Taco Restaurants had a return on equity of 5.90% and a net margin of 4.81%. During the same period in the previous year, the company earned $0.13 earnings per share. Del Taco Restaurants's revenue was up 8.6% compared to the same quarter past year. The 50 day moving average was down by -15.45% and the 200 day average moved down $-0.94.

COPYRIGHT VIOLATION NOTICE: "Del Taco Restaurants' (TACO) "Buy" Rating Reaffirmed at Wedbush" was originally published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this article on another website, it was illegally copied and reposted in violation of USA and worldwide trademark & copyright legislation. Wells Fargo & Company MN lifted its stake in shares of Del Taco Restaurants by 0.8% in the 1st quarter.

It's worth noting that Del Taco's overall outlook for its business hasn't changed much.

Ruth's Hospitality Group, Inc. develops and operates fine dining restaurants under the name, Ruth's Chris Steak House. American International Group Inc. now owns 14,229 shares of the restaurant operator's stock worth $189,000 after buying an additional 927 shares in the last quarter. Finally, Boston Partners acquired a new position in shares of Del Taco Restaurants during the third quarter worth about $6,214,000. Barclays Public Limited Company owns 0% invested in Qumu Corp (NASDAQ:QUMU) for 59 shares.

Del Taco Restaurants, Inc is an operator and franchisor of restaurants featuring made-to-order cuisine, including both Mexican inspired and American classic dishes. The Company's menu offers a combination of Mexican-inspired food, such as tacos and burritos, and American classics, such as Double Del cheeseburgers, crinkle-cut fries and milkshakes.

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