Carrols Restaurant Group (NASDAQ:TAST) was downgraded by equities researchers at BidaskClub from a “hold” rating to a “sell” rating in a report issued on Tuesday. Other equities research analysts have also recently issued research reports about the stock. Zacks Investment Research cut shares of Carrols Restaurant Group from a “hold” rating to a “sell” rating in a research note on Tuesday, February 5th. Citigroup set a $14.00 price target on shares of Carrols Restaurant Group and gave the company a “buy” rating in a research note on Monday, November 12th. ValuEngine cut shares of Carrols Restaurant Group from a “hold” rating to a “sell” rating in a research note on Thursday, January 17th. Finally, Raymond James dropped their price target on shares of Carrols Restaurant Group from $16.50 to $13.50 and set an “outperform” rating on the stock in a research note on Tuesday, January 8th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $15.88. Carrols Restaurant Group stock opened at $10.11 on Tuesday. Carrols Restaurant Group has a 1 year low of $8.42 and a 1 year high of $16.40. The firm has a market capitalization of $368.31 million, a P/E ratio of 33.70, a P/E/G ratio of 1.44 and a beta of 0.31. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.51 and a current ratio of 0.62. Carrols Restaurant Group (NASDAQ:TAST) last released its quarterly earnings results on Wednesday, February 27th. The restaurant operator reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.03). Carrols Restaurant Group had a net margin of 1.06% and a return on equity of 8.62%. The company had revenue of $307.75 million during the quarter, compared to analyst estimates of $346.38 million. During the same period in the prior year, the business posted $0.08 EPS. Carrols Restaurant Group’s revenue was up 8.4% compared to the same quarter last year. As a group, analysts forecast that Carrols Restaurant Group will post 0.3 EPS for the current year. A number of hedge funds have recently made changes to their positions in the business. American Century Companies Inc. purchased a new position in Carrols Restaurant Group in the 4th quarter valued at $308,000. Geode Capital Management LLC lifted its holdings in Carrols Restaurant Group by 8.4% in the 4th quarter. Geode Capital Management LLC now owns 392,064 shares of the restaurant operator’s stock valued at $3,857,000 after purchasing an additional 30,439 shares in the last quarter. Equitable Trust Co. lifted its holdings in Carrols Restaurant Group by 63.4% in the 4th quarter. Equitable Trust Co. now owns 114,980 shares of the restaurant operator’s stock valued at $1,131,000 after purchasing an additional 44,623 shares in the last quarter. Penn Capital Management Co. Inc. purchased a new position in Carrols Restaurant Group in the 4th quarter valued at $2,778,000. Finally, Macquarie Group Ltd. lifted its holdings in Carrols Restaurant Group by 43.7% in the 4th quarter. Macquarie Group Ltd. now owns 5,264 shares of the restaurant operator’s stock valued at $52,000 after purchasing an additional 1,600 shares in the last quarter. Institutional investors own 87.04% of the company’s stock. Carrols Restaurant Group Company Profile Carrols Restaurant Group, Inc, through its subsidiaries, operates franchisee restaurants of Burger King in the United States. As of July 1, 2018, it owned and operated 807 BURGER KING restaurants. The company was founded in 1960 and is headquartered in Syracuse, New York. Recommended Story: Calculating net profit and net profit margin ratio Receive News & Ratings for Carrols Restaurant Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carrols Restaurant Group and related companies with MarketBeat.com's FREE daily email newsletter.