Carrols Restaurant Group Stock Beta

TAST Stock  USD 9.51  0.01  0.11%   
Carrols Restaurant Group fundamentals help investors to digest information that contributes to Carrols Restaurant's financial success or failures. It also enables traders to predict the movement of Carrols Stock. The fundamental analysis module provides a way to measure Carrols Restaurant's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Carrols Restaurant stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Carrols Restaurant Group Company Beta Analysis

Carrols Restaurant's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current Carrols Restaurant Beta

    
  2.51  
Most of Carrols Restaurant's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Carrols Restaurant Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Carrols Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Carrols Restaurant is extremely important. It helps to project a fair market value of Carrols Stock properly, considering its historical fundamentals such as Beta. Since Carrols Restaurant's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Carrols Restaurant's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Carrols Restaurant's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition

In accordance with the recently published financial statements, Carrols Restaurant Group has a Beta of 2.507. This is 198.45% higher than that of the Hotels, Restaurants & Leisure sector and 181.69% higher than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.

Carrols Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Carrols Restaurant's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Carrols Restaurant could also be used in its relative valuation, which is a method of valuing Carrols Restaurant by comparing valuation metrics of similar companies.
Carrols Restaurant is currently under evaluation in beta category among related companies.

Carrols Restaurant Institutional Holders

Institutional Holdings refers to the ownership stake in Carrols Restaurant that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Carrols Restaurant's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Carrols Restaurant's value.
Shares
Prudential Financial Inc2023-12-31
744 K
Morgan Stanley - Brokerage Accounts2023-12-31
716.6 K
Hillsdale Investment Management Inc.2023-12-31
646.7 K
Two Sigma Investments Llc2023-12-31
609.2 K
Two Sigma Advisers, Llc2023-12-31
593 K
Arrowstreet Capital Limited Partnership2023-12-31
539 K
Bridgeway Capital Management, Llc2023-12-31
428.1 K
Bank Of New York Mellon Corp2023-12-31
392.4 K
American Century Companies Inc2023-12-31
390.6 K
Blackrock Inc2023-12-31
3.4 M
Dimensional Fund Advisors, Inc.2023-12-31
2.2 M
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Carrols Restaurant will likely underperform.

Carrols Fundamentals

About Carrols Restaurant Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Carrols Restaurant Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Carrols Restaurant using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Carrols Restaurant Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

When determining whether Carrols Restaurant is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Carrols Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Carrols Restaurant Group Stock. Highlighted below are key reports to facilitate an investment decision about Carrols Restaurant Group Stock:
Check out Carrols Restaurant Piotroski F Score and Carrols Restaurant Altman Z Score analysis.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Carrols Restaurant's price analysis, check to measure Carrols Restaurant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carrols Restaurant is operating at the current time. Most of Carrols Restaurant's value examination focuses on studying past and present price action to predict the probability of Carrols Restaurant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carrols Restaurant's price. Additionally, you may evaluate how the addition of Carrols Restaurant to your portfolios can decrease your overall portfolio volatility.
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Is Carrols Restaurant's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carrols Restaurant. If investors know Carrols will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carrols Restaurant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.02
Earnings Share
0.53
Revenue Per Share
36.416
Quarterly Revenue Growth
0.057
Return On Assets
0.0248
The market value of Carrols Restaurant is measured differently than its book value, which is the value of Carrols that is recorded on the company's balance sheet. Investors also form their own opinion of Carrols Restaurant's value that differs from its market value or its book value, called intrinsic value, which is Carrols Restaurant's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carrols Restaurant's market value can be influenced by many factors that don't directly affect Carrols Restaurant's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carrols Restaurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carrols Restaurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carrols Restaurant's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.