Cracker Barrel Old Country Store (NASDAQ:CBRL) Shares Down 4.3% – Time to Sell?

Shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) were down 4.3% during mid-day trading on Thursday . The company traded as low as $56.06 and last traded at $56.0130. Approximately 219,911 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 1,201,484 shares. The stock had previously closed at $58.56.

Cracker Barrel Old Country Store News Roundup

Here are the key news stories impacting Cracker Barrel Old Country Store this week:

• Positive Sentiment: Zacks raised multiple earnings forecasts. The research firm lifted its FY2026 EPS outlook to a loss of $0.17 from a loss of $0.40, raised FY2027 EPS to $0.98 from $0.64, and increased FY2028 EPS to $1.75 from $1.35. It also upgraded estimates for several quarterly periods, including Q4 2026, Q3 and Q4 2027, and Q1 through Q4 2028. Zacks maintains a “Strong-Buy” rating. Zacks Research Issues Optimistic Outlook for CBRL Earnings
• Positive Sentiment: Momentum investors are highlighting CBRL. Zacks included Cracker Barrel in its “Fast-Paced Momentum at a Bargain” screen, suggesting the stock’s recent performance and expected earnings improvement may not yet be fully reflected in its valuation. Looking for a Fast-paced Momentum Stock at a Bargain? Consider Cracker Barrel
• Neutral Sentiment: Recent operating results provide mixed context. Cracker Barrel’s latest reported quarter exceeded expectations, with $0.29 in EPS versus the consensus estimate of a $0.45 loss and revenue of $797.4 million versus expectations of $776.7 million. However, revenue declined 2.9% year over year, and the company’s net margin was only 0.79%.
• Negative Sentiment: Valuation and profitability risks remain. CBRL trades at roughly 48 times earnings despite modest profitability and an analyst consensus of approximately $0.01 in current-year EPS. Its weak liquidity ratios and significant debt also leave limited room for operational setbacks. Cracker Barrel Stock Looks Strong On Returns But Rich On Earnings

Analyst Upgrades and Downgrades

CBRL has been the subject of a number of analyst reports. Wells Fargo & Company increased their target price on shares of Cracker Barrel Old Country Store from $50.00 to $60.00 and gave the stock an “overweight” rating in a report on Wednesday, July 22nd. Zacks Research upgraded Cracker Barrel Old Country Store from a “hold” rating to a “strong-buy” rating in a report on Monday, August 24th. UBS Group reaffirmed a “neutral” rating on shares of Cracker Barrel Old Country Store in a research report on Tuesday, July 28th. Weiss Ratings upgraded Cracker Barrel Old Country Store from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, July 8th. Finally, Piper Sandler reiterated a “neutral” rating and issued a $51.00 price objective on shares of Cracker Barrel Old Country Store in a research report on Wednesday, July 22nd. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $48.14.

Cracker Barrel Old Country Store Price Performance

The company has a market cap of $1.24 billion, a PE ratio of 47.98 and a beta of 1.20. The firm’s 50-day moving average is $54.26 and its 200-day moving average is $39.65. The company has a quick ratio of 0.19, a current ratio of 0.50 and a debt-to-equity ratio of 0.72.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last issued its quarterly earnings results on Tuesday, June 9th. The restaurant operator reported $0.29 earnings per share for the quarter, topping the consensus estimate of ($0.45) by $0.74. Cracker Barrel Old Country Store had a return on equity of 2.78% and a net margin of 0.79%.The company had revenue of $797.37 million for the quarter, compared to analysts’ expectations of $776.69 million. During the same period in the prior year, the firm earned $0.56 earnings per share. The firm’s revenue for the quarter was down 2.9% on a year-over-year basis. On average, equities analysts anticipate that Cracker Barrel Old Country Store, Inc. will post 0.07 EPS for the current year.

Hedge Funds Weigh In On Cracker Barrel Old Country Store

A number of hedge funds have recently bought and sold shares of CBRL. Alliancebernstein L.P. lifted its stake in Cracker Barrel Old Country Store by 19.5% during the 3rd quarter. Alliancebernstein L.P. now owns 1,459,983 shares of the restaurant operator’s stock valued at $64,327,000 after acquiring an additional 237,741 shares during the period. California State Teachers Retirement System grew its stake in shares of Cracker Barrel Old Country Store by 6,939.3% in the second quarter. California State Teachers Retirement System now owns 1,297,269 shares of the restaurant operator’s stock worth $69,144,000 after acquiring an additional 1,278,840 shares during the period. Franklin Resources Inc. raised its holdings in shares of Cracker Barrel Old Country Store by 13,737.1% during the third quarter. Franklin Resources Inc. now owns 930,131 shares of the restaurant operator’s stock valued at $40,982,000 after purchasing an additional 923,409 shares during the last quarter. State Street Corp raised its holdings in shares of Cracker Barrel Old Country Store by 1.1% during the fourth quarter. State Street Corp now owns 872,995 shares of the restaurant operator’s stock valued at $22,174,000 after purchasing an additional 9,332 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Cracker Barrel Old Country Store by 2.2% during the third quarter. Dimensional Fund Advisors LP now owns 743,413 shares of the restaurant operator’s stock valued at $32,756,000 after purchasing an additional 15,661 shares during the last quarter. Hedge funds and other institutional investors own 96.01% of the company’s stock.

Cracker Barrel Old Country Store Company Profile

Cracker Barrel Old Country Store, Inc operates a distinctive combination of country-themed restaurants and retail stores across the United States. Since its founding in 1969, the company has focused on providing a nostalgic dining experience reminiscent of Southern hospitality, serving breakfast, lunch and dinner with an emphasis on traditional comfort foods.

The restaurant segment offers an extensive menu featuring signature items such as buttermilk pancakes, country ham, biscuits and gravy, meatloaf and pot roast.