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

Cracker Barrel Old Country Store (NASDAQ:CBRL) announced its earnings results on Thursday. The restaurant operator reported $1.38 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.38, Zacks reports. Cracker Barrel Old Country Store had a net margin of 1.15% and a return on equity of 18.61%. Cracker Barrel Old Country Store updated its FY 2025 guidance to EPS.

Cracker Barrel Old Country Store Stock Performance

NASDAQ:CBRL traded up $3.28 during midday trading on Thursday, hitting $43.57. The company’s stock had a trading volume of 1,797,053 shares, compared to its average volume of 769,718. Cracker Barrel Old Country Store has a fifty-two week low of $34.88 and a fifty-two week high of $74.21. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.69 and a quick ratio of 0.24. The firm has a market cap of $969.91 million, a P/E ratio of 24.12, a P/E/G ratio of 8.36 and a beta of 1.48. The firm’s 50 day moving average is $54.28 and its 200-day moving average is $49.12.

Cracker Barrel Old Country Store Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 14th. Investors of record on Friday, April 11th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.29%. Cracker Barrel Old Country Store’s dividend payout ratio (DPR) is 55.25%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on CBRL. Argus raised shares of Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and set a $52.00 target price for the company in a research report on Monday, November 18th. UBS Group increased their price objective on Cracker Barrel Old Country Store from $42.00 to $60.00 and gave the company a “neutral” rating in a report on Thursday, December 5th. Piper Sandler boosted their target price on Cracker Barrel Old Country Store from $46.00 to $58.00 and gave the stock a “neutral” rating in a research note on Thursday, December 5th. Loop Capital increased their price target on Cracker Barrel Old Country Store from $45.00 to $55.00 and gave the company a “hold” rating in a research note on Thursday, December 5th. Finally, Truist Financial boosted their price target on Cracker Barrel Old Country Store from $48.00 to $51.00 and gave the stock a “hold” rating in a research note on Thursday, January 16th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average 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.