Coverage Initiated by Loop Capital for Cracker Barrel Old Country Store (NASDAQ:CBRL)

Stock analysts at Loop Capital initiated coverage on shares of  Cracker Barrel Old Country Store (NASDAQ:CBRL) in a report issued on wednesday. The brokerage set a Hold rating on the Retail/Wholesale stock. A price-to-earnings ratio of 12.64 and a beta of 1.52. Cracker Barrel Old Country Store has a twelve month low $106.92 of  and a twelve month high of $178.82.

Shares of Cracker Barrel Old Country Store traded down -$2.46 on wednesday, reaching $135.38. 302678 shares of the stock traded hands, compared to its average volume of 291503. Shares of Cracker Barrel Old Country Store were trading at $135.38 on wednesday. The firm’s 50 day moving average is $$139.32 and its 200 day moving average is $150.28.Cracker Barrel Old Country Store  has a 12 month low of $134.37 and a 12 month high of $178.82. While on yearly highs and lows, Cracker Barrel Old Country Store’s today has traded high as $138.56 and has touched $134.37 on the downward trend. See More Analyst Rating at: RATING

Cracker Barrel Old Country Store Earnings and What to expect: 

Cracker Barrel Old Country Store last issued its earnings results on September 20th, 2021. The restaurant operator reported $2.25 earnings per share for the quarter, missing the consensus estimate of $2.33 by $0.08. The firm had revenue of $784.40 million for the quarter, compared to analyst estimates of $794.07 million. Its quarterly revenue was up 58.4% on a year-over-year basis. Cracker Barrel Old Country Store has generated $2.04 earnings per share over the last year ($10.23 diluted earnings per share) and currently has a price-to-earnings ratio of 13.2. Earnings for Cracker Barrel Old Country Store are expected to grow by 77.92% in the coming year, from $5.39 to $9.59 per share. Cracker Barrel Old Country Store has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, December 2nd, 2021 based off prior year’s report dates.

Earnings for Cracker Barrel Old Country Store are expected to grow by 77.92% in the coming year, from $5.39 to $9.59 per share. The P/E ratio of Cracker Barrel Old Country Store is 13.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.72. The P/E ratio of Cracker Barrel Old Country Store is 13.23, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 21.13. Cracker Barrel Old Country Store has a P/B Ratio of 7.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Cracker Barrel Old Country Store (NASDAQ:CBRL) Moving Average Technical Analysis

5 day Moving Average is $139.22 And 5 day price change is -$7.88 (-5.50%)  with average volume for 5 day average is 206,480. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $141.06 and 20 day price change is $0.64 (0.47%) and average 20 day moving volume is 302,240. 50 day moving average is $139.32  and 50 day price change is $1.24 ( 0.92%)  and with average volume for 50 days is : 256,466. 200 day moving average is $150.28  and 200 day price change is -$2.09 (-1.52%)  and with average volume for 200 days is : 295,819.

Other owners latest trading in Cracker Barrel Old Country Store :

  • On 10/13/2021 shares held by Scout Investments Inc. were 52,630 which equates to market value of $7.36M and appx 0.10% owners of Cracker Barrel Old Country Store
  • On 10/13/2021 shares held by Beacon Financial Group were 3,472 which equates to market value of $0.49M and appx 0.10% owners of Cracker Barrel Old Country Store
  • On 10/13/2021 shares held by Sanders Morris Harris LLC were 27,069 which equates to market value of $3.85M and appx 0.70% owners of Cracker Barrel Old Country Store
  • In total Institutional ownership equates to Institutional Ownership Percentage: 88.38% for Cracker Barrel Old Country Store

See More Analyst Rating at: RATING