Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Cracker Barrel Old Country Store Inc (NASDAQ: CBRL) closed the day trading at $55.87 down -7.02% from the previous closing price of $60.09. In other words, the price has decreased by -$7.02 from its previous closing price. On the day, 1.44 million shares were traded. CBRL stock price reached its highest trading level at $60.01 during the session, while it also had its lowest trading level at $54.87.
Ratios:
For a better understanding of CBRL, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 98.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.14. 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 1240375424 and an Enterprise Value of 2424034560. As of this moment, Cracker’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.92, and their Forward P/E ratio for the next fiscal year is 11.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 2.68. Its current Enterprise Value per Revenue stands at 0.707 whereas that against EBITDA is 10.882.
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 $56.79. The 50-Day Moving Average of the stock is -19.19%, while the 200-Day Moving Average is calculated to be -26.00%.
Shares Statistics:
Over the past 3-months, CBRL traded about 686.15K shares per day on average, while over the past 10 days, CBRL traded about 1105410 shares per day. 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 96.10% stake in the company. Shares short for CBRL as of 1711584000 were 2871242 with a Short Ratio of 4.18, 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
CBRL’s forward annual dividend rate is 5.20, up from 5.2 a year ago. The stock’s 5-year Average Dividend Yield is 3.96.
Earnings Estimates
Investors are keenly observing as Cracker Barrel Old Country Stor analysts analyze and rate the current performance of Cracker Barrel Old Country Store Inc (CBRL) in the stock market.The consensus estimate for the next quarter is $230.09, with high estimates of $21.00 and low estimates of $85.14.
Analysts are recommending an EPS of between $Real Estate and $Real Estate for the fiscal current year, implying an average EPS of $Healthcare.
