Cracker Barrel Old Country Store (NASDAQ:CBRL) Releases Q1 Earnings Guidance

Cracker Barrel Old Country Store (NASDAQ:CBRL) issued an update on its first quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.45 for the period, compared to the consensus earnings per share estimate of $0.34. The company issued revenue guidance of $845.1 million, compared to the consensus revenue estimate of $826.38 million. Cracker Barrel Old Country Store also updated its FY 2025 guidance to EPS.

Analyst Ratings Changes

Several equities research analysts recently issued reports on CBRL shares. Bank of America boosted their price target on Cracker Barrel Old Country Store from $42.00 to $45.00 and gave the company an “underperform” rating in a research note on Friday. Truist Financial boosted their target price on shares of Cracker Barrel Old Country Store from $44.00 to $48.00 and gave the company a “hold” rating in a research report on Friday. StockNews.com raised shares of Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a report on Friday, September 20th. Argus lowered shares of Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. Finally, Loop Capital dropped 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 note on Friday, September 20th. Two analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $54.57.

Cracker Barrel Old Country Store Price Performance

CBRL stock opened at $48.81 on Friday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.21 and a current ratio of 0.61. Cracker Barrel Old Country Store has a 52-week low of $34.88 and a 52-week high of $83.51. The company has a market capitalization of $1.08 billion, a P/E ratio of 26.53, a PEG ratio of 1.29 and a beta of 1.42. The company has a fifty day moving average price of $45.15 and a 200-day moving average price of $44.97.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last posted its quarterly earnings data on Thursday, September 19th. The restaurant operator reported $0.98 EPS for the quarter, missing analysts’ consensus estimates of $1.17 by ($0.19). Cracker Barrel Old Country Store had a net margin of 1.18% and a return on equity of 18.65%. The firm had revenue of $894.39 million during the quarter, compared to the consensus estimate of $898.94 million. During the same period in the prior year, the company posted $1.79 earnings per share. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. As a group, equities analysts expect that Cracker Barrel Old Country Store will post 2.94 EPS for the current year.

Cracker Barrel Old Country Store Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 13th. Stockholders of record on Friday, October 18th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.05%. The ex-dividend date was Friday, October 18th. Cracker Barrel Old Country Store’s dividend payout ratio (DPR) is presently 54.35%.

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.