Shares of Del Taco Restaurants Inc. (NASDAQ:TACO) were down 2.5% on Friday . The stock traded as low as $10.59 and last traded at $10.73, with a volume of 342,397 shares traded. The stock had previously closed at $11.00.

Several analysts have weighed in on TACO shares. Zacks Investment Research downgraded shares of Del Taco Restaurants from a “hold” rating to a “sell” rating in a research note on Tuesday, April 5th. 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 research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $15.07.

The stock has a market capitalization of $413.63 million and a PE ratio of 26.32. The company’s 50-day moving average is $9.24 and its 200 day moving average is $9.69.

Del Taco Restaurants (NASDAQ:TACO) last announced its quarterly earnings data on Wednesday, July 20th. The company reported $0.13 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.01. The firm had revenue of $100 million for the quarter, compared to the consensus estimate of $100.06 million. The business’s revenue for the quarter was up 2.5% on a year-over-year basis. On average, analysts predict that Del Taco Restaurants Inc. will post $0.55 EPS for the current year.

An institutional investor recently raised its position in Del Taco Restaurants stock. Russell Frank Co increased its stake in shares of 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 firm owned 395,907 shares of the company’s stock after buying an additional 132,440 shares during the period. Russell Frank Co owned 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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