Cracker Barrel Old Country Store (NASDAQ:CBRL) Releases Q1 Earnings Guidance

Cracker Barrel Old Country Store (NASDAQ:CBRL) updated its first quarter earnings guidance on Thursday. The company provided earnings per share guidance of $0.45 for the period, compared to the consensus earnings per share estimate of $0.34. The company issued revenue guidance of $845.1 million, compared to the consensus revenue estimate of $826.38 million. Cracker Barrel Old Country Store also updated its FY 2025 guidance to EPS.

Cracker Barrel Old Country Store Stock Performance

Shares of CBRL opened at $48.81 on Friday. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of 26.53, a PEG ratio of 1.29 and a beta of 1.42. Cracker Barrel Old Country Store has a 12 month low of $34.88 and a 12 month high of $83.51. The firm has a fifty day simple moving average of $45.15 and a 200 day simple moving average of $44.97. The company has a current ratio of 0.61, a quick ratio of 0.21 and a debt-to-equity ratio of 1.08.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last released its earnings results on Thursday, September 19th. The restaurant operator reported $0.98 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.17 by ($0.19). Cracker Barrel Old Country Store had a net margin of 1.18% and a return on equity of 18.65%. The company had revenue of $894.39 million during the quarter, compared to analyst estimates of $898.94 million. During the same period in the prior year, the firm posted $1.79 EPS. Cracker Barrel Old Country Store’s revenue was up 6.9% compared to the same quarter last year. Research analysts forecast that Cracker Barrel Old Country Store will post 2.94 EPS for the current fiscal year.

Cracker Barrel Old Country Store Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 13th. Investors of record on Friday, October 18th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, October 18th. This represents a $1.00 dividend on an annualized basis and a yield of 2.05%. Cracker Barrel Old Country Store’s payout ratio is 54.35%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Loop Capital lowered their price objective on shares of Cracker Barrel Old Country Store from $50.00 to $45.00 and set a “hold” rating on the stock in a research note on Friday, September 20th. StockNews.com upgraded Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a research note on Friday, September 20th. Bank of America lifted their target price on Cracker Barrel Old Country Store from $42.00 to $45.00 and gave the stock an “underperform” rating in a research note on Friday. Argus cut Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Finally, UBS Group decreased their price objective 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. Two equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $54.57.

Cracker Barrel Old Country Store Company Profile

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.