Professional
Added to YB: 2020-07-21
Pitch date: 2020-07-21
TAST [bullish]
Carrols Restaurant Group, Inc.
+110.88%
current return
Author Info
No bio for this author
Company Info
Carrols Restaurant Group, Inc., through its subsidiaries, operates restaurants in the United States. It operates quick service restaurants as a franchisee under the Burger King and Popeyes brands in 23 Northeastern, Midwestern, Southcentral, and Southeastern states.
Market Cap
$478.1M
Pitch Price
$4.52
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.19
P/E
16.79
EV/Sales
0.89
Sector
Hotels, Restaurants and Leisure
Category
turnaround
Choice Equities Capital new position: Carrols Restaurant (TAST)
TAST: Largest Burger King franchisee with 1000+ locations & 65 Popeyes. Addressed rough patch from acquisition integration & discounting snafu. Still down 50%+ despite positive comps & outlook for ~$1/share FCF generation at <$5 stock price.
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