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

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

Cracker Barrel Old Country Store Stock Down 0.6 %

Shares of NASDAQ CBRL opened at $45.53 on Thursday. Cracker Barrel Old Country Store has a 52-week low of $34.88 and a 52-week high of $74.21. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 25.15, a PEG ratio of 8.36 and a beta of 1.47. The stock has a 50 day moving average price of $55.35 and a 200 day moving average price of $49.00. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.24 and a current ratio of 0.69.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on CBRL shares. Piper Sandler increased their price target on Cracker Barrel Old Country Store from $46.00 to $58.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. UBS Group increased their target price on shares of Cracker Barrel Old Country Store from $42.00 to $60.00 and gave the stock a “neutral” rating in a report on Thursday, December 5th. Argus raised shares of Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and set a $52.00 target price on the stock in a research report on Monday, November 18th. Truist Financial upped their price target on shares of Cracker Barrel Old Country Store from $48.00 to $51.00 and gave the stock a “hold” rating in a research report on Thursday, January 16th. Finally, Bank of America lifted 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. Three analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $57.63.

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.