Investing 501
Long only, value, special situations, deep value

Carrols Restaurant Group - Biting Off More Than It Can Chew?

One of the points I have constantly tried to emphasize in my articles is "do your own work" and do not rely exclusively on data provided by financial websites. Carrols Restaurant Group (NASDAQ:TAST) is a classic example of how relying on financial website data can cause investors to make significant errors in their analysis. If an investor uses the data provided by websites like Yahoo Finance, Google Finance or Finviz to name a few, he will see that the company has about 23 million shares outstanding. Multiplying the shares outstanding by $4.80 a share would give the company a market capitalization of about $115 million. TAST showed up on a low EV/Sales screen I run on the restaurant...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details