Carrols Restaurant Group, Inc. (TAST)

Carrols Restaurant (TAST) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Carrols Restaurant (TAST) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

TORONTO , May 16, 2024 /PRNewswire/ - Restaurant Brands International Inc. ("RBI") (TSX: QSR) (NYSE: QSR) (TSX: QSP) announced today that it has completed its previously announced acquisition of all issued and outstanding shares of Carrols Restaurant Group, Inc. ("Carrols") (formerly NASDAQ: TAST) that are not already held by RBI or its affiliates for $9.55 per share in an all cash transaction, or an aggregate total enterprise value of approximately $1.0 billion. With the close of the acquisition, RBI adds the largest Burger King® ("BK") franchisee in the United States to its portfolio as part of the Company's Reclaim the Flame plan.

PHILADELPHIA , March 25, 2024 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Carrols Restaurant Group, Inc. (NASDAQ: TAST) ("Carrols") on behalf of the company's shareholders. On January 16, 2024, Carrols announced that it had agreed to be acquired by Restaurant Brands International Inc. at a price of $9.55 per share in cash.

In the latest trading session, Carrols Restaurant Group (TAST) closed at $9.50, marking no change from the previous day.

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Carrols Restaurant Group, Inc. (NasdaqGS: TAST) to Restaurant Brands International Inc. (NYSE: QSR). Under the terms of the proposed transaction, shareholders of Carrols will receive $9.55 in cash for each share of Carrols that they own. KSF is seeking to determine whether this consideration and the process th.

Keep an eye on Brinker International (EAT), Fortune Brands Innovations (FBIN), CAVA Group (CAVA), Carrols Restaurant (TAST) and Texas Roadhouse (TXRH), which are poised to gain even more on an uptick in retail sales.

PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating Carrols Restaurant Group, Inc. (NASDAQ: TAST) (“Carrols”) on behalf of the company's shareholders. On January 16, 2024, Carrols announced that it had agreed to be acquired by Restaurant Brands International Inc. at a price of $9.55 per share in cash. Following the closing of the proposed transaction, Carrols' shareholders will be cashed out of their investment position and the company's shares will no longer be pu.

In the most recent trading session, Carrols Restaurant Group (TAST) closed at $9.48, indicating no shift from the previous trading day.

Stocks like Yum China Holdings, Inc. (YUMC), Potbelly Corporation (PBPB), Brinker International, Inc. (EAT), Carrols Restaurant Group, Inc. (TAST) and Shake Shack Inc. (SHAK) are likely to benefit from soaring restaurant sales.

Carrols Restaurant Group (TAST) closed the most recent trading day at $9.49, making no change from the previous trading session.

Carrols Restaurant Group (TAST) closed at $9.46 in the latest trading session, marking a -0.11% move from the prior day.

Carrols Restaurant (TAST) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

SPXC, CAH and TAST made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 1, 2023.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.