What is Zacks Research’s Forecast for CBRL Q1 Earnings?

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) – Zacks Research lowered their Q1 2027 earnings estimates for Cracker Barrel Old Country Store in a report issued on Monday, November 4th. Zacks Research analyst H. Ray now forecasts that the restaurant operator will earn $0.45 per share for the quarter, down from their previous estimate of $0.54. The consensus estimate for Cracker Barrel Old Country Store’s current full-year earnings is $2.94 per share.

Several other brokerages also recently weighed in on CBRL. UBS Group lowered their target price on shares of Cracker Barrel Old Country Store from $55.00 to $42.00 and set a “neutral” rating on the stock in a report on Thursday, September 19th. Argus downgraded Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. StockNews.com upgraded Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a research note on Friday, September 20th. Truist Financial upped their price objective on Cracker Barrel Old Country Store from $42.00 to $44.00 and gave the stock a “hold” rating in a report on Friday, September 20th. Finally, Bank of America raised their target price on Cracker Barrel Old Country Store from $40.00 to $42.00 and gave the company an “underperform” rating in a report on Friday, September 20th. Two research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $53.57.

Cracker Barrel Old Country Store Trading Up 7.1 %

CBRL opened at $50.82 on Wednesday. The company has a quick ratio of 0.21, a current ratio of 0.61 and a debt-to-equity ratio of 1.08. Cracker Barrel Old Country Store has a 52 week low of $34.88 and a 52 week high of $83.51. The business’s 50 day moving average is $44.01 and its two-hundred day moving average is $45.51. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of 27.62, a price-to-earnings-growth ratio of 1.34 and a beta of 1.42.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last announced its quarterly earnings results on Thursday, September 19th. The restaurant operator reported $0.98 EPS for the quarter, missing the consensus estimate of $1.17 by ($0.19). The company had revenue of $894.39 million during the quarter, compared to analysts’ expectations of $898.94 million. Cracker Barrel Old Country Store had a net margin of 1.18% and a return on equity of 18.65%. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.79 earnings per share.

Cracker Barrel Old Country Store Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 13th. Stockholders of record on Friday, October 18th will be given a $0.25 dividend. The ex-dividend date of this dividend is Friday, October 18th. This represents a $1.00 annualized dividend and a dividend yield of 1.97%. Cracker Barrel Old Country Store’s payout ratio is 54.35%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Marshall Wace LLP bought a new stake in shares of Cracker Barrel Old Country Store during the 2nd quarter worth about $25,636,000. Duality Advisers LP lifted its position in shares of Cracker Barrel Old Country Store by 196.5% during the 1st quarter. Duality Advisers LP now owns 50,928 shares of the restaurant operator’s stock valued at $3,704,000 after acquiring an additional 33,751 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in shares of Cracker Barrel Old Country Store by 47.2% during the 1st quarter. Advisors Asset Management Inc. now owns 89,220 shares of the restaurant operator’s stock worth $6,489,000 after acquiring an additional 28,627 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Cracker Barrel Old Country Store by 57.1% during the 2nd quarter. AQR Capital Management LLC now owns 62,309 shares of the restaurant operator’s stock worth $2,624,000 after acquiring an additional 22,658 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of Cracker Barrel Old Country Store in the 3rd quarter worth $1,016,000. 96.01% of the stock is owned by institutional investors and hedge funds.

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.