At the time of writing, Cracker Barrel Old Country Store Inc [CBRL] stock is trading at $56.38, up 0.91%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CBRL shares have lost -4.10% over the last week, with a monthly amount drifted -13.82%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Cracker Barrel Old Country Store Inc [NASDAQ: CBRL] stock has seen the most recent analyst activity on July 18, 2023, when Piper Sandler initiated its Neutral rating and assigned the stock a price target of $96. Previously, Argus upgraded its rating to Buy on March 24, 2023, and kept the price target unchanged to $126. UBS started tracking the stock assigning a Neutral rating and suggested a price target of $105 on December 16, 2022. Deutsche Bank downgraded its rating to a Hold and reduced its price target to $100 on August 02, 2022. BofA Securities downgraded its rating to Underperform for this stock on June 27, 2022, and downed its price target to $94. In a note dated April 12, 2022, Citigroup initiated an Sell rating and provided a target price of $97 on this stock.
For the past year, the stock price of Cracker Barrel Old Country Store Inc fluctuated between $54.87 and $116.05. Currently, Wall Street analysts expect the stock to reach $87.2 within the next 12 months. Cracker Barrel Old Country Store Inc [NASDAQ: CBRL] shares were valued at $56.38 at the most recent close of the market. An investor can expect a potential return of 54.66% based on the average CBRL price forecast.
Analyzing the CBRL fundamentals
According to Cracker Barrel Old Country Store Inc [NASDAQ:CBRL], the company’s sales were 3.43B for trailing twelve months, which represents an 0.16% jump. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.01 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.98.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 55.67 points at the first support level, and at 54.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.80, and for the 2nd resistance point, it is at 57.22.
Ratios To Look Out For
It is important to note that Cracker Barrel Old Country Store Inc [NASDAQ:CBRL] has a current ratio of 0.58. Also, the Quick Ratio is 0.21, while the Cash Ratio stands at 0.03. Considering the valuation of this stock, the price to sales ratio is 0.37, the price to book ratio is 2.71 and price to earnings (TTM) ratio is 15.05.
Transactions by insiders
Recent insider trading involved COCHRAN SANDRA B, President & CEO, that happened on Sep 22 ’23 when 24700.0 shares were sold.
