Media headlines about Del Taco Restaurants (NASDAQ:TACO) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Del Taco Restaurants earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned news coverage about the restaurant operator an impact score of 46.1478441881027 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- Burning Through Brew City: New tacos from Cantina (onmilwaukee.com)
- Del Taco Restaurants (TACO) Rating Lowered to Hold at Zacks Investment Research (americanbankingnews.com)
- Escaping Mexico City’s Hustle Within City Limits (nytimes.com)
- Del Taco Restaurants, Inc. To Announce Fiscal First Quarter 2018 Financial… (franchising.com)
- Authentically Cooked Carnitas Return for the Summer (finance.yahoo.com)
Shares of TACO stock traded down $0.01 during mid-day trading on Friday, reaching $10.94. 131,098 shares of the company’s stock traded hands, compared to its average volume of 242,518. Del Taco Restaurants has a 12 month low of $10.15 and a 12 month high of $15.99. The stock has a market cap of $420.59, a PE ratio of 21.04, a price-to-earnings-growth ratio of 1.14 and a beta of -0.02. The company has a current ratio of 0.36, a quick ratio of 0.31 and a debt-to-equity ratio of 0.41.
A number of analysts have recently commented on TACO shares. BidaskClub cut shares of Del Taco Restaurants from a “sell” rating to a “strong sell” rating in a report on Tuesday, March 20th. Zacks Investment Research upgraded shares of Del Taco Restaurants from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a report on Wednesday. Maxim Group restated a “buy” rating and set a $19.00 target price (down previously from $20.00) on shares of Del Taco Restaurants in a report on Thursday, March 15th. Wedbush restated a “buy” rating and set a $17.00 target price on shares of Del Taco Restaurants in a report on Thursday, March 15th. Finally, ValuEngine cut shares of Del Taco Restaurants from a “hold” rating to a “sell” rating in a report on Monday, April 2nd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $15.50.
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Del Taco Restaurants Company Profile
Del Taco Restaurants, Inc is an operator and franchisor of restaurants featuring made-to-order cuisine, including both Mexican inspired and American classic dishes. As of January 3, 2017, the Company operated 551 Del Taco restaurants. 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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