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

Cracker Barrel Old Country Store (NASDAQ:CBRL) released its quarterly earnings data on Thursday. The restaurant operator reported $1.38 earnings per share (EPS) for the quarter, beating the consensus estimate 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 Trading Up 8.2 %

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

Cracker Barrel Old Country Store Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several brokerages have commented on CBRL. Truist Financial boosted 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 note on Thursday, January 16th. UBS Group increased their price target on Cracker Barrel Old Country Store from $42.00 to $60.00 and gave the company a “neutral” rating in a research note on Thursday, December 5th. Bank of America raised their price target on 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. Loop Capital upped their price objective on Cracker Barrel Old Country Store from $45.00 to $55.00 and gave the stock a “hold” rating in a report on Thursday, December 5th. Finally, StockNews.com upgraded Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a research report on Sunday. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat, Cracker Barrel Old Country Store presently has a consensus rating of “Hold” and an average price target 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.