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

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

Cracker Barrel Old Country Store Trading Up 3.1 %

CBRL opened at $40.45 on Tuesday. The firm’s fifty day simple moving average is $40.84 and its 200 day simple moving average is $50.76. The company has a current ratio of 0.63, a quick ratio of 0.23 and a debt-to-equity ratio of 1.11. Cracker Barrel Old Country Store has a 12 month low of $34.88 and a 12 month high of $83.51. The stock has a market capitalization of $897.99 million, a P/E ratio of 14.86, a P/E/G ratio of 0.94 and a beta of 1.42.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on CBRL shares. Loop Capital decreased their target price on shares of Cracker Barrel Old Country Store from $72.00 to $50.00 and set a “hold” rating on the stock in a research report on Monday, May 20th. Truist Financial decreased their target price on shares of Cracker Barrel Old Country Store from $46.00 to $42.00 and set a “hold” rating on the stock in a research report on Thursday, September 5th. StockNews.com lowered shares of Cracker Barrel Old Country Store from a “hold” rating to a “sell” rating in a research report on Thursday, September 5th. Citigroup reduced their price target on shares of Cracker Barrel Old Country Store from $48.00 to $42.00 and set a “sell” rating on the stock in a research report on Friday, May 31st. Finally, Argus lowered shares of Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Three research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price 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.