Closing Figures: Cracker Barrel Old Country Store Inc (CBRL)’s Positive Finish at 60.84, Up 2.08

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After finishing at $59.60 in the prior trading day, Cracker Barrel Old Country Store Inc (NASDAQ: CBRL) closed at $60.84, up 2.08%. In other words, the price has increased by $2.08 from its previous closing price. On the day, 0.56 million shares were traded. CBRL stock price reached its highest trading level at $61.06 during the session, while it also had its lowest trading level at $59.38.

Ratios:

Our goal is to gain a better understanding of CBRL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 107.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.48. For the most recent quarter (mrq), Quick Ratio is recorded 0.21 and its Current Ratio is at 0.58. In the meantime, Its Debt-to-Equity ratio is 2.47 whereas as Long-Term Debt/Eq ratio is at 2.47.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Piper Sandler on July 18, 2023, initiated with a Neutral rating and assigned the stock a target price of $96.

On March 24, 2023, Argus Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $126.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 22 ’23 when COCHRAN SANDRA B sold 24,700 shares for $67.13 per share. The transaction valued at 1,658,111 led to the insider holds 193,810 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CBRL now has a Market Capitalization of 1350714880 and an Enterprise Value of 2506844672. As of this moment, Cracker’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.24, and their Forward P/E ratio for the next fiscal year is 12.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 2.92. Its current Enterprise Value per Revenue stands at 0.731 whereas that against EBITDA is 11.254.

Stock Price History:

Over the past 52 weeks, CBRL has reached a high of $116.05, while it has fallen to a 52-week low of $54.87. The 50-Day Moving Average of the stock is -9.81%, while the 200-Day Moving Average is calculated to be -18.68%.

Shares Statistics:

The stock has traded on average 707.21K shares per day over the past 3-months and 1026850 shares per day over the last 10 days, according to various share statistics. A total of 22.15M shares are outstanding, with a floating share count of 21.68M. Insiders hold about 2.35% of the company’s shares, while institutions hold 96.13% stake in the company. Shares short for CBRL as of 1711584000 were 2871242 with a Short Ratio of 4.06, compared to 1709164800 on 2521629. Therefore, it implies a Short% of Shares Outstanding of 2871242 and a Short% of Float of 16.74.

Dividends & Splits

In the trailing 12 months, CBRL’s forward annual dividend rate was 5.2, compared to 5.20 this year. Against a Trailing Annual Dividend Yield of 0.08724832The stock’s 5-year Average Dividend Yield is 3.96.

Earnings Estimates

The dynamic stock of Cracker Barrel Old Country Store Inc (CBRL) is currently being evaluated by a team of 9.0 analysts, each contributing to its current rating.On average, analysts expect EPS of $0.85 for the current quarter, with a high estimate of $1.17 and a low estimate of $0.34, while EPS last year was $1.21. The consensus estimate for the next quarter is $1.87, with high estimates of $2.42 and low estimates of $1.45.

Analysts are recommending an EPS of between $4.79 and $4.38 for the fiscal current year, implying an average EPS of $4.6. EPS for the following year is $5.06, with 10.0 analysts recommending between $5.6 and $4.55.

Revenue Estimates

For the next quarter, 9 analysts are estimating revenue of $914.66M. There is a high estimate of $935.9M for the next quarter, whereas the lowest estimate is $852M.

A total of 9 analysts have provided revenue estimates for CBRL’s current fiscal year. The highest revenue estimate was $3.54B, while the lowest revenue estimate was $3.44B, resulting in an average revenue estimate of $3.51B. In the same quarter a year ago, actual revenue was $3.44BBased on 9 analysts’ estimates, the company’s revenue will be $3.54B in the next fiscal year. The high estimate is $3.55B and the low estimate is $3.49B.

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