Cracker Barrel Old Country Store (NASDAQ:CBRL) Releases Quarterly Earnings Results, Misses Estimates By $0.19 EPS

Cracker Barrel Old Country Store (NASDAQ:CBRL) released its quarterly earnings data on Thursday. The restaurant operator reported $0.98 earnings per share for the quarter, missing the consensus estimate of $1.17 by ($0.19), Briefing.com reports. The firm had revenue of $894.39 million during the quarter, compared to analyst estimates of $898.94 million. Cracker Barrel Old Country Store had a net margin of 1.77% and a return on equity of 22.11%. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.79 earnings per share. Cracker Barrel Old Country Store updated its FY 2025 guidance to EPS.

Cracker Barrel Old Country Store Stock Performance

CBRL stock traded up $0.46 during trading on Friday, reaching $41.57. 1,437,268 shares of the company’s stock were exchanged, compared to its average volume of 758,856. The company has a quick ratio of 0.23, a current ratio of 0.63 and a debt-to-equity ratio of 1.11. Cracker Barrel Old Country Store has a 1-year low of $34.88 and a 1-year high of $83.51. The company’s fifty day moving average price is $40.93 and its 200-day moving average price is $50.10. The firm has a market cap of $922.94 million, a PE ratio of 15.34, a P/E/G ratio of 0.94 and a beta of 1.42.

Cracker Barrel Old Country Store Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 13th. Investors of record on Friday, October 18th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, October 18th. This represents a $1.00 dividend on an annualized basis and a yield of 2.41%. Cracker Barrel Old Country Store’s dividend payout ratio is currently 36.90%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. StockNews.com raised Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a research note on Friday. Truist Financial raised their target price on Cracker Barrel Old Country Store from $42.00 to $44.00 and gave the company a “hold” rating in a report on Friday. 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. Loop Capital dropped their target price on Cracker Barrel Old Country Store from $50.00 to $45.00 and set a “hold” rating on the stock in a report on Friday. Finally, Citigroup dropped their target price on Cracker Barrel Old Country Store from $48.00 to $42.00 and set a “sell” rating on the stock in a report on Friday, May 31st. Two analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. Based on data from MarketBeat.com, Cracker Barrel Old Country Store presently has an average rating of “Hold” and an average target price of $53.57.

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.