Cracker Barrel Old Country Store (CBRL) Projected to Post Quarterly Earnings on Thursday

Cracker Barrel Old Country Store (NASDAQ:CBRL) is expected to issue its quarterly earnings data before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of $1.00 per share and revenue of $940.20 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Cracker Barrel Old Country Store Stock Performance

Shares of CBRL stock opened at $41.23 on Tuesday. The business’s fifty day simple moving average is $55.05 and its 200-day simple moving average is $49.18. The company has a market cap of $917.74 million, a PE ratio of 22.78, a PEG ratio of 8.36 and a beta of 1.48. The company has a current ratio of 0.69, a quick ratio of 0.24 and a debt-to-equity ratio of 1.20. Cracker Barrel Old Country Store has a 12-month low of $34.88 and a 12-month high of $74.21.

Analyst Upgrades and Downgrades

CBRL has been the topic of a number of recent analyst reports. Argus raised Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and set a $52.00 price target on the stock in a research report on Monday, November 18th. Loop Capital boosted their price objective on shares of Cracker Barrel Old Country Store from $45.00 to $55.00 and gave the company a “hold” rating in a report on Thursday, December 5th. Piper Sandler boosted their price objective on shares of Cracker Barrel Old Country Store from $46.00 to $58.00 and gave the company a “neutral” rating in a report on Thursday, December 5th. Bank of America boosted their price objective on shares of Cracker Barrel Old Country Store from $45.00 to $53.00 and gave the company an “underperform” rating in a report on Thursday, December 5th. Finally, Truist Financial boosted their price objective on shares of Cracker Barrel Old Country Store from $48.00 to $51.00 and gave the company a “hold” rating in a report on Thursday, January 16th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $57.63.

Cracker Barrel Old Country Store Company Profile

Cracker Barrel Old Country Store, Inc develops and operates the Cracker Barrel Old Country Store concept in the United States. Its Cracker Barrel stores consist of restaurants with a gift shop. The company's restaurants serve breakfast, lunch, and dinner daily, as well as dine-in, pick-up, and delivery services.