Cracker Barrel Old Country Store (CBRL) Projected to Post Earnings on Tuesday

Cracker Barrel Old Country Store (NASDAQ:CBRL) is expected to be announcing its earnings results before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of $1.00 per share and revenue of $940.20 million for the quarter.

Cracker Barrel Old Country Store Stock Down 4.2 %

Shares of NASDAQ:CBRL opened at $47.33 on Tuesday. Cracker Barrel Old Country Store has a fifty-two week low of $34.88 and a fifty-two week high of $74.54. The firm’s 50 day moving average price is $56.05 and its 200 day moving average price is $48.71. The company has a quick ratio of 0.24, a current ratio of 0.69 and a debt-to-equity ratio of 1.20. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 26.15, a price-to-earnings-growth ratio of 10.38 and a beta of 1.48.

Cracker Barrel Old Country Store Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 12th. Stockholders of record on Friday, January 17th were issued a $0.25 dividend. The ex-dividend date was Friday, January 17th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.11%. Cracker Barrel Old Country Store’s payout ratio is 55.25%.

Analyst Ratings Changes

Several equities analysts recently commented on CBRL shares. StockNews.com raised Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a report on Friday. Argus raised Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and set a $52.00 target price on the stock in a research report on Monday, November 18th. Piper Sandler boosted 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 note on Thursday, December 5th. Truist Financial increased their price target on shares of Cracker Barrel Old Country Store from $48.00 to $51.00 and gave the company a “hold” rating in a research note on Thursday, January 16th. Finally, Bank of America raised their price objective on shares of Cracker Barrel Old Country Store from $45.00 to $53.00 and gave the stock an “underperform” rating in a report on Thursday, December 5th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $57.63.

Cracker Barrel Old Country Store Company Profile

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.