1 day Ago By Defense World Staff
Cracker Barrel Old Country Store ( NASDAQ:CBRL – Get Free Report ) was upgraded by investment analysts at Argus from a “hold” rating to a “buy” rating in a research report issued on Monday, Marketbeat reports. The firm presently has a $52.00 price objective on the restaurant operator’s stock.
Argus’ price objective suggests a potential upside of 10.12% from the stock’s previous close. Several other equities research analysts have also recently issued reports on CBRL.
Bank of America raised their price objective on shares of Cracker Barrel Old Country Store from $42.00 to $45.00 and gave the stock an “underperform” rating in a research report on Friday, November 15th.
UBS Group cut their price target on shares of Cracker Barrel Old Country Store from $55.00 to $42.00 and set a “neutral” rating for the company in a report on Thursday, September 19th.
Truist Financial upped their price objective on Cracker Barrel Old Country Store from $44.00 to $48.00 and gave the company a “hold” rating in a report on Friday, November 15th.
Loop Capital cut their target price on Cracker Barrel Old Country Store from $50.00 to $45.00 and set a “hold” rating for the company in a research note on Friday, September 20th.
Finally, StockNews.com upgraded Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a research report on Friday, September 20th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company’s stock.
According to data from MarketBeat.com, Cracker Barrel Old Country Store has an average rating of “Hold” and an average target price of $51.25.
Get Our Latest Research Report on CBRL Cracker Barrel Old Country Store Price Performance Cracker Barrel Old Country Store ( NASDAQ:CBRL – Get Free Report ) last released its quarterly earnings data on Thursday, September 19th. The restaurant operator reported $0.98 earnings per share for the quarter, missing analysts’ consensus estimates of $1.
17 by ($0.19). Cracker Barrel Old Country Store had a return on equity of 18.
58% and a net margin of 1.15%. The company had revenue of $894.
39 million for the quarter, compared to analyst estimates of $898.94 million. During the same period last year, the firm posted $1.
79 EPS. The business’s quarterly revenue was up 6.9% on a year-over-year basis.
Equities research analysts anticipate that Cracker Barrel Old Country Store will post 2.97 earnings per share for the current fiscal year. Hedge Funds Weigh In On Cracker Barrel Old Country Store A number of hedge funds and other institutional investors have recently bought and sold shares of the company.
ProShare Advisors LLC lifted its position in shares of Cracker Barrel Old Country Store by 7.4% during the first quarter. ProShare Advisors LLC now owns 4,451 shares of the restaurant operator’s stock worth $324,000 after purchasing an additional 306 shares in the last quarter.
Comerica Bank lifted its holdings in Cracker Barrel Old Country Store by 49.6% during the 1st quarter. Comerica Bank now owns 12,850 shares of the restaurant operator’s stock worth $935,000 after buying an additional 4,263 shares in the last quarter.
International Assets Investment Management LLC acquired a new stake in Cracker Barrel Old Country Store during the 3rd quarter worth approximately $1,016,000. XTX Topco Ltd purchased a new position in Cracker Barrel Old Country Store in the 2nd quarter valued at approximately $616,000. Finally, CWM LLC grew its stake in shares of Cracker Barrel Old Country Store by 96.
3% in the second quarter. CWM LLC now owns 854 shares of the restaurant operator’s stock worth $36,000 after acquiring an additional 419 shares in the last quarter. 96.
01% of the stock is currently owned by hedge funds and other institutional investors. About Cracker Barrel Old Country Store ( Get Free Report ) 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. Further Reading Five stocks we like better than Cracker Barrel Old Country Store Using the MarketBeat Stock Split Calculator Super Micro Computer Soars 28%: Is It Really Out of the Woods? How Can Investors Benefit From After-Hours Trading Traders Are Flocking Back to Oil: What’s Fueling the Optimism 3 Small Caps With Big Return Potential 3 Hot Stock Trends to Ride Into 2025 Receive News & Ratings for Cracker Barrel Old Country Store Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cracker Barrel Old Country Store and related companies with MarketBeat.com's FREE daily email newsletter .
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