Shares of Del Taco Restaurants Inc. (NASDAQ:TACO) were up 0.3% during mid-day trading on Tuesday . The company traded as high as $10.00 and last traded at $9.80, with a volume of 250,271 shares traded. The stock had previously closed at $9.77.

A number of analysts have recently issued reports on TACO shares. Zacks Investment Research downgraded shares of Del Taco Restaurants from a “hold” rating to a “sell” rating in a report on Wednesday, April 27th. Wedbush lowered their price target on shares of Del Taco Restaurants from $16.00 to $15.00 and set an “outperform” rating for the company in a research note on Tuesday, May 3rd. Finally, Jefferies Group reissued a “buy” rating and issued a $16.00 price target on shares of Del Taco Restaurants in a research note on Friday, May 20th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company. Del Taco Restaurants has an average rating of “Buy” and an average price target of $15.36.

The stock has a market cap of $375.17 million and a PE ratio of 24.25. The stock’s 50-day moving average price is $9.17 and its 200-day moving average price is $9.68.

Del Taco Restaurants (NASDAQ:TACO) last announced its quarterly earnings data on Monday, May 2nd. The company reported $0.08 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.08. The firm earned $97.40 million during the quarter, compared to analysts’ expectations of $96.09 million. Del Taco Restaurants’s revenue was up 3.2% compared to the same quarter last year. On average, equities analysts expect that Del Taco Restaurants Inc. will post $0.55 EPS for the current fiscal year.

An institutional investor recently raised its position in Del Taco Restaurants stock. Russell Frank Co boosted its position in Del Taco Restaurants Inc. (NASDAQ:TACO) by 50.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 395,907 shares of the company’s stock after buying an additional 132,440 shares during the period. Russell Frank Co owned approximately 1.02% of Del Taco Restaurants worth $4,331,000 as of its most recent SEC filing.

Del Taco Restaurants, Inc, formerly Levy Acquisition Corporation, is an operator and franchisor of restaurants featuring fresh and fast made-to-order cuisine, including both Mexican inspired and American classic dishes. The Company operates Del Taco restaurants in approximately 20 states, including over one franchised restaurant in Guam.

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