Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL – Get Free Report)’s share price passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $41.84 and traded as high as $46.75. Cracker Barrel Old Country Store shares last traded at $45.48, with a volume of 1,447,095 shares trading hands.
Cracker Barrel Old Country Store News Summary
Here are the key news stories impacting Cracker Barrel Old Country Store this week:
- Positive Sentiment: Strong earnings beat: Adjusted fourth-quarter earnings rose to $0.99 per share from $0.74 a year earlier, exceeding the approximately $0.17 analyst consensus. GAAP earnings also increased to $0.54 per share from $0.30, helping drive the stock higher. Revenue of $849.3 million likewise topped estimates of $834.6 million. Cracker Barrel fiscal 2026 results and fiscal 2027 outlook
- Positive Sentiment: Improving fiscal 2027 outlook: Management expects comparable restaurant sales to grow 3% to 5%, revenue to reach roughly $3.3 billion to $3.4 billion and adjusted EBITDA to range from $180 million to $200 million. The guidance suggests improving traffic, profitability and operating momentum. Cracker Barrel fiscal 2027 outlook
- Positive Sentiment: Operational initiatives: Cracker Barrel is upgrading several popular menu items while focusing on food quality, the guest experience and employees—steps management believes can support traffic and profitability. Cracker Barrel menu upgrades
- Neutral Sentiment: The company declared a quarterly dividend of $0.25 per share, representing an annualized yield of approximately 2.1%, which may appeal to income-oriented investors.
- Negative Sentiment: Despite the profit improvement, quarterly revenue declined 2.2% year over year. Some analysts also caution that non-recurring items contributed meaningfully to the earnings beat, while inflation, macroeconomic pressure and execution risks could limit margin expansion. Cracker Barrel post-earnings analysis
- Neutral Sentiment: A report showing zero shares sold short implies minimal measurable short positioning, although the figure conflicts with the description of a large increase and may reflect a data issue rather than a meaningful trading signal.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on the company. Wall Street Zen upgraded Cracker Barrel Old Country Store from a “strong sell” rating to a “hold” rating in a research note on Saturday, June 13th. Argus lifted their target price on shares of Cracker Barrel Old Country Store from $40.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, June 11th. Weiss Ratings raised shares of Cracker Barrel Old Country Store from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday. Benchmark restated a “hold” rating on shares of Cracker Barrel Old Country Store in a research note on Wednesday, June 10th. Finally, Piper Sandler reaffirmed a “neutral” rating and issued a $51.00 price target on shares of Cracker Barrel Old Country Store in a 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 issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $50.57.
Cracker Barrel Old Country Store Stock Performance
The stock has a market capitalization of $1.16 billion, a PE ratio of 44.69 and a beta of 1.19. The company has a quick ratio of 0.19, a current ratio of 0.50 and a debt-to-equity ratio of 0.72. The firm has a 50 day moving average price of $53.83 and a 200-day moving average price of $41.96.
Cracker Barrel Old Country Store (NASDAQ:CBRL – Get Free Report) last posted its quarterly earnings results on Wednesday, September 23rd. The restaurant operator reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.82. The company had revenue of $849.34 million during the quarter, compared to analyst estimates of $834.57 million. Cracker Barrel Old Country Store had a net margin of 0.79% and a return on equity of 2.78%. Cracker Barrel Old Country Store’s revenue for the quarter was down 2.2% compared to the same quarter last year. During the same period last year, the firm posted $0.74 EPS. Research analysts expect that Cracker Barrel Old Country Store, Inc. will post 0.07 EPS for the current fiscal year.
Cracker Barrel Old Country Store Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, November 12th. Stockholders of record on Friday, October 16th will be paid a $0.25 dividend. The ex-dividend date is Friday, October 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.9%. Cracker Barrel Old Country Store’s dividend payout ratio is presently 86.21%.
Institutional Trading of Cracker Barrel Old Country Store
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its holdings in Cracker Barrel Old Country Store by 22.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,783 shares of the restaurant operator’s stock worth $50,000 after purchasing an additional 321 shares during the period. Carson Advisory Inc. grew its holdings in Cracker Barrel Old Country Store by 5.1% in the first quarter. Carson Advisory Inc. now owns 12,502 shares of the restaurant operator’s stock valued at $351,000 after purchasing an additional 602 shares during the period. Poehling Capital Management INC. grew its holdings in Cracker Barrel Old Country Store by 4.9% in the first quarter. Poehling Capital Management INC. now owns 13,257 shares of the restaurant operator’s stock valued at $373,000 after purchasing an additional 620 shares during the period. Caitong International Asset Management Co. Ltd increased its position in shares of Cracker Barrel Old Country Store by 107.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,246 shares of the restaurant operator’s stock valued at $32,000 after buying an additional 645 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of Cracker Barrel Old Country Store by 7.2% in the first quarter. Cetera Investment Advisers now owns 11,254 shares of the restaurant operator’s stock valued at $316,000 after buying an additional 760 shares in the last quarter. Institutional investors and hedge funds own 96.01% of the company’s stock.
About Cracker Barrel Old Country Store
Cracker Barrel Old Country Store, Inc operates a chain of full-service restaurants and retail stores under the Cracker Barrel brand. Its restaurants offer Southern-inspired, homestyle meals, including breakfast served throughout the day, lunch, dinner and seasonal menu items.
The company’s adjoining country stores sell a variety of merchandise, including home décor, apparel, gifts, toys, games, candy, music and food products. Cracker Barrel’s locations are designed around a nostalgic country-store and roadside dining experience, with many restaurants featuring front porches and rocking chairs.
Founded in 1969 by Dan Evins, the company opened its first location in Lebanon, Tennessee.
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