Cracker Barrel Old Country Store (CBRL) to Release Quarterly Earnings on Thursday

Cracker Barrel Old Country Store (NASDAQ:CBRL) is set to issue its quarterly earnings data before the market opens on Thursday, September 19th. Analysts expect the company to announce earnings of $1.16 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Cracker Barrel Old Country Store Trading Up 4.7 %

NASDAQ CBRL opened at $42.34 on Wednesday. The stock has a market cap of $940.03 million, a price-to-earnings ratio of 15.68, a PEG ratio of 0.94 and a beta of 1.42. Cracker Barrel Old Country Store has a twelve month low of $34.88 and a twelve month high of $83.51. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.23 and a current ratio of 0.63. The firm’s 50 day moving average price is $40.84 and its two-hundred day moving average price is $50.57.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Argus lowered Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. Bank of America cut their price objective on Cracker Barrel Old Country Store from $48.00 to $46.00 and set an “underperform” rating for the company in a research report on Wednesday, July 17th. Benchmark raised Cracker Barrel Old Country Store to a “hold” rating in a report on Monday, June 3rd. Truist Financial cut their price target on Cracker Barrel Old Country Store from $46.00 to $42.00 and set a “hold” rating for the company in a report on Thursday, September 5th. Finally, StockNews.com downgraded shares of Cracker Barrel Old Country Store from a “hold” rating to a “sell” rating in a research note on Thursday, September 5th. Three research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $59.29.

About Cracker Barrel Old Country Store

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.