The closing price of Cracker Barrel Old Country Store Inc. (NASDAQ: CBRL) was $111.12 for the day, up 1.60% from the previous closing price of $109.37. In other words, the price has increased by $+1.75 from its previous closing price. On the day, 698921 shares were traded. CBRL stock price reached its highest trading level at $113.54 during the session, while it also had its lowest trading level at $109.86.
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Our analysis of CBRL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.30 and its Current Ratio is at 0.70. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.93.
Upgrades & Downgrades
On December 16, 2022, UBS started tracking the stock assigning a Neutral rating and target price of $105.
Deutsche Bank Downgraded its Buy to Hold on August 02, 2022, whereas the target price for the stock was revised from $109 to $100.
As of this moment, Cracker’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.19, and their Forward P/E ratio for the next fiscal year is 15.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 5.06.
Stock Price History:
Over the past 52 weeks, CBRL has reached a high of $126.32, while it has fallen to a 52-week low of $81.87. The 50-Day Moving Average of the stock is 108.14, while the 200-Day Moving Average is calculated to be 102.62.
CBRL traded an average of 394.06K shares per day over the past three months and 520.48k shares per day over the past ten days. A total of 22.17M shares are outstanding, with a floating share count of 21.78M. Insiders hold about 2.80% of the company’s shares, while institutions hold 90.30% stake in the company. Shares short for CBRL as of Jan 30, 2023 were 1.96M with a Short Ratio of 2.06M, compared to 1.79M on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 8.82% and a Short% of Float of 11.51%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.30, CBRL has a forward annual dividend rate of 5.20. Against a Trailing Annual Dividend Yield of 1.19%, it implies a Forward Annual Dividend Yield of 4.65%. The stock’s 5-year Average Dividend Yield is 3.20. The current Payout Ratio is 108.10% for CBRL, which recently paid a dividend on May 08, 2023 with an ex-dividend date of Jan 11, 2023. Stock splits for the company last occurred on Mar 21, 1993 when the company split stock in a 3:2 ratio.
The firm’s stock currently is rated by 9 analysts. On average, analysts expect EPS of $1.36 for the current quarter, with a high estimate of $1.72 and a low estimate of $1.2, while EPS last year was $1.71. The consensus estimate for the next quarter is $1.36, with high estimates of $1.49 and low estimates of $1.23.
Analysts are recommending an EPS of between $6.18 and $5.55 for the fiscal current year, implying an average EPS of $5.72. EPS for the following year is $7.17, with 10 analysts recommending between $7.84 and $6.3.
It is expected that $90B in revenue will be generated in the current quarter, according to 8 analysts. It ranges from a high estimate of $925.4M to a low estimate of $910M. As of the current estimate, Cracker Barrel Old Country Store Inc.’s year-ago sales were $862.26M, an estimated increase of 6.40% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $841.71M, an increase of 6.50% over than the figure of $6.40% in the same quarter last year. There is a high estimate of $848M for the next quarter, whereas the lowest estimate is $831.8M.
A total of 9 analysts have provided revenue estimates for CBRL’s current fiscal year. The highest revenue estimate was $3.51B, while the lowest revenue estimate was $3.47B, resulting in an average revenue estimate of $3.48B. In the same quarter a year ago, actual revenue was $3.27B, up 6.60% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $3.64B in the next fiscal year. The high estimate is $3.74B and the low estimate is $3.57B. The average revenue growth estimate for next year is up 4.50% from the average revenue estimate for this year.