Del Taco Restaurants (TACO) spotted trading -18.21% off 52-week high price. On the other end, the stock has been noted 28.29% away from the low price over the last 52-weeks. The stock changed 1.85% to recent value of $12.13. The stock transacted 1099244 shares during most recent day however it has an average volume of 265.94K shares. The company has 36.22M of outstanding shares and 30.11M shares were floated in the market.
Del Taco Restaurants (TACO) the nation’s second leading Mexican quick service restaurant, announced that after one of the most successful product launches in its history, the company is now expanding its partnership with Beyond Meat (NASDAQ: BYND) to offer the brand’s 100 percent plant-based protein option in two new signature protein-packed burritos, the Beyond 8 Layer Burrito and the Epic Beyond Cali Burrito, at its more than 580 locations across the country.
With the nationwide launch of its Beyond Tacos in April, Del Taco became the first national Mexican fast food chain to add a 100 percent plant-based protein option to its menu. Since then, Del Taco has sold nearly two million Beyond Tacos and Beyond Avocado Tacos, with close to 100,000 hand-sliced avocados used for the Beyond Avocado Taco alone.
The enthusiasm shown by our fans during the first weeks of our Beyond Meat offerings was undeniable, said John Cappasola, President and Chief Executive Officer of Del Taco. To that end, we wanted to reward the passion being shown across social media and in our restaurants by utilizing our uniquely seasoned Beyond Meat recipe in two new protein-packed burritos.
Healthcare as a whole is at a critical juncture: spending continues to skyrocket, burnout has been coined an official medical diagnosis, and organizations are failing to optimize the costly technology in which they have invested. The industry is begging for a solution to make healthcare work as it should, and with the role of the CFO evolving to have more of a strategic focus on data analytics, emphasis must be placed on education for organizations to make data more actionable in order to thrive financially and clinically. A recent Black Book research study reinforced the fact that analytics should play a critical role in the decision-making process at hospitals and health systems. The study highlighted cost control as the top concern for every healthcare leader including CFOs, who are leaning more into the technology and innovation realms than ever before.
The healthcare industry is experiencing a monumental shift on the analytics front, and CFOs and others in the financial departments of health systems are looking to better understand the nuts and bolts of Big Data in optimizing performance, driving ROI, and helping to reduce burnout, said Michael Clark, senior vice president and general manager, Nuance Communications. There is a demand for actionable insights in healthcare and real-time financial metrics to extract value for organizations and, as a company, we’re committed to advancing our analytical platform and self-service dashboard to help organizations and clinicians thrive now and in the future. Its earnings per share (EPS) expected to touch remained -7.10% for this year while earning per share for the next 5-years is expected to reach at 12.00%. TACO has a gross margin of 74.60% and an operating margin of 6.20% while its profit margin remained 3.40% for the last 12 months.
According to the most recent quarter its current ratio was 0.3 that represents company’s ability to meet its current financial obligations. The price moved ahead of 9.33% from the mean of 20 days, 11.58% from mean of 50 days SMA and performed 12.43% from mean of 200 days price. Company’s performance for the week was 7.35%, 5.02% for month and YTD performance remained 21.42%.
Jeffrey Peterson- Category – Top Movers
Jeffrey Peterson a blogger and press writer, has worked on topics like earnings reports, hot stocks and market news. He is an experienced professional with 10+ years in research, analysis and reporting. He enjoys taking complex ideas and translating them into content aimed at the general public. He has personal interests in health, fitness, animal care, gardening, travel, world politics, and current social issues, but always willing to learn something new. Jeffrey has a Masters in Applied Finance and Investment. He specializes in income trading using options, is very conservative in his style and believes patience in waiting for the best setups is the key to successful trading. He covers articles for Top Movers category.
Email Contact: Jeffrey@stockdigest.info
House Address: 4226 St Jean Baptiste St, Lac Edouard, Quebec
Zip Code: G0A 2G0
Phone Number: 819-653-7101