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

Cracker Barrel Old Country Store (NASDAQ:CBRL - Get Free Report) released its quarterly earnings data on Thursday. The restaurant operator reported $1.38 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.37, Zacks reports. The firm had revenue of $949.44 million for the quarter, compared to the consensus estimate of $940.20 million. Cracker Barrel Old Country Store had a return on equity of 18.61% and a net margin of 1.15%. Cracker Barrel Old Country Store updated its FY 2025 guidance to EPS.

Cracker Barrel Old Country Store Stock Performance

Shares of Cracker Barrel Old Country Store stock traded down $0.52 during midday trading on Friday, hitting $42.82. The company had a trading volume of 1,800,534 shares, compared to its average volume of 818,501. The business's 50 day simple moving average is $53.73 and its two-hundred day simple moving average is $49.15. The stock has a market cap of $953.13 million, a PE ratio of 23.66, a P/E/G ratio of 8.36 and a beta of 1.48. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.69 and a quick ratio of 0.24. 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 14th. Stockholders of record on Friday, April 11th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Friday, April 11th. This represents a $1.00 annualized dividend and a dividend yield of 2.34%. Cracker Barrel Old Country Store's payout ratio is 55.25%.

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Analyst Upgrades and Downgrades

CBRL has been the subject of a number of recent analyst reports. Piper Sandler upped 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 report on Thursday, December 5th. StockNews.com raised Cracker Barrel Old Country Store from a "sell" rating to a "hold" rating in a research report on Sunday, March 2nd. Bank of America upped their target price on Cracker Barrel Old Country Store from $45.00 to $53.00 and gave the stock an "underperform" rating in a research report on Thursday, December 5th. Citigroup upped their target price on Cracker Barrel Old Country Store from $38.00 to $39.00 and gave the stock a "sell" rating in a research report on Friday. Finally, Argus raised 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. Two investment 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 data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $56.63.

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.