Cracker Barrel Old Country Store (NASDAQ:CBRL) Posts Earnings Results

Cracker Barrel Old Country Store (NASDAQ:CBRL) posted its earnings results on Thursday. The restaurant operator reported $0.98 EPS for the quarter, missing the consensus estimate of $1.17 by ($0.19), Briefing.com reports. Cracker Barrel Old Country Store had a return on equity of 22.11% and a net margin of 1.77%. The business had revenue of $894.39 million for the quarter, compared to the consensus estimate of $898.94 million. During the same period in the previous year, the firm earned $1.79 earnings per share. The company’s revenue was up 6.9% on a year-over-year basis. Cracker Barrel Old Country Store updated its FY 2025 guidance to EPS.

Cracker Barrel Old Country Store Trading Up 1.1 %

Shares of CBRL stock opened at $41.57 on Friday. The business has a 50-day moving average price of $40.93 and a two-hundred day moving average price of $50.10. Cracker Barrel Old Country Store has a 12-month low of $34.88 and a 12-month high of $83.51. The company has a quick ratio of 0.23, a current ratio of 0.63 and a debt-to-equity ratio of 1.11. The firm has a market cap of $922.94 million, a P/E ratio of 15.34, a price-to-earnings-growth ratio of 0.94 and a beta of 1.42.

Cracker Barrel Old Country Store Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 13th. Stockholders of record on Friday, October 18th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.41%. The ex-dividend date is Friday, October 18th. Cracker Barrel Old Country Store’s dividend payout ratio (DPR) is currently 36.90%.

Analyst Upgrades and Downgrades

A number of analysts have commented on CBRL shares. Truist Financial boosted their price objective on Cracker Barrel Old Country Store from $42.00 to $44.00 and gave the stock a “hold” rating in a report on Friday. Argus lowered shares of Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Loop Capital reduced their price objective on shares of Cracker Barrel Old Country Store from $50.00 to $45.00 and set a “hold” rating for the company in a research report on Friday. StockNews.com raised Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a research report on Friday. Finally, Benchmark upgraded shares of Cracker Barrel Old Country Store to a “hold” rating in a research note on Monday, June 3rd. Two analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $53.57.

About Cracker Barrel Old Country Store

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.