The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Cracker Barrel Old Country Store Inc (NASDAQ: CBRL) closed at $55.50 down -1.19% from its previous closing price of $56.17. In other words, the price has decreased by -$1.19 from its previous closing price. On the day, 0.93 million shares were traded. CBRL stock price reached its highest trading level at $57.21 during the session, while it also had its lowest trading level at $54.67.
Ratios:
For a deeper understanding of Cracker Barrel Old Country Store Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 97.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.03. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1245242368 and an Enterprise Value of 2415820288. As of this moment, Cracker’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.82, and their Forward P/E ratio for the next fiscal year is 10.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.43. 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 2.67. Its current Enterprise Value per Revenue stands at 0.705 whereas that against EBITDA is 10.845.
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 -14.33%, while the 200-Day Moving Average is calculated to be -24.14%.
Shares Statistics:
For the past three months, CBRL has traded an average of 703.76K shares per day and 545770 over the past ten days. A total of 22.15M shares are outstanding, with a floating share count of 21.70M. Insiders hold about 2.25% of the company’s shares, while institutions hold 96.15% stake in the company. Shares short for CBRL as of 1713139200 were 3138554 with a Short Ratio of 4.46, compared to 1710460800 on 2664256. Therefore, it implies a Short% of Shares Outstanding of 3138554 and a Short% of Float of 18.3.
Dividends & Splits
According to the company, the forward annual dividend rate for CBRL is 5.20, from 5.2 in the trailing year. Against a Trailing Annual Dividend Yield of 0.09257611The stock’s 5-year Average Dividend Yield is 4.06.
