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

Cracker Barrel Old Country Store (NASDAQ:CBRL) is projected to announce its earnings results before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of $1.00 per share and revenue of $940.20 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Cracker Barrel Old Country Store Stock Performance

Shares of NASDAQ:CBRL opened at $41.23 on Tuesday. The firm has a market cap of $917.74 million, a PE ratio of 22.78, a price-to-earnings-growth ratio of 8.36 and a beta of 1.48. The firm’s 50 day simple moving average is $55.05 and its 200-day simple moving average is $49.18. Cracker Barrel Old Country Store has a one year low of $34.88 and a one year high of $74.21. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.24 and a current ratio of 0.69.

Analysts Set New Price Targets

A number of equities analysts have recently commented on CBRL shares. Bank of America raised their target price on shares of Cracker Barrel Old Country Store from $45.00 to $53.00 and gave the stock an “underperform” rating in a research report on Thursday, December 5th. Loop Capital raised their target price on shares of Cracker Barrel Old Country Store from $45.00 to $55.00 and gave the stock a “hold” rating in a research report on Thursday, December 5th. UBS Group raised their target price on shares of Cracker Barrel Old Country Store from $42.00 to $60.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. Piper Sandler lifted their price objective on shares of Cracker Barrel Old Country Store from $46.00 to $58.00 and gave the company a “neutral” rating in a report on Thursday, December 5th. Finally, StockNews.com raised shares of Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a report on Sunday. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, Cracker Barrel Old Country Store currently has a consensus rating of “Hold” and a consensus target price of $57.63.

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.