Cracker Barrel Old Country Store Inc [CBRL] stock prices are saw in change for the day to $51.95 at the moment. 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 gain 10.02% over the last week, with a monthly amount glided 4.00%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cracker Barrel Old Country Store Inc [NASDAQ: CBRL] stock has seen the most recent analyst activity on November 18, 2024, when Argus upgraded its rating to a Buy but kept the price target unchanged to $52 for it. Previously, Argus downgraded its rating to Hold on August 06, 2024. On May 17, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $90 on the stock. Piper Sandler started tracking the stock assigning a Neutral rating and suggested a price target of $96 on July 18, 2023. Argus upgraded its rating to a Buy but $126 remained the price target by the analyst firm on March 24, 2023. In a note dated December 16, 2022, UBS initiated an Neutral rating and provided a target price of $105 on this stock.
The stock price of Cracker Barrel Old Country Store Inc [CBRL] has been fluctuating between $34.88 and $83.51 over the past year. Currently, Wall Street analysts expect the stock to reach $65.89 within the next 12 months. Cracker Barrel Old Country Store Inc [NASDAQ: CBRL] shares were valued at $51.95 at the most recent close of the market. An investor can expect a potential return of 26.83% based on the average CBRL price forecast.
Analyzing the CBRL fundamentals
The Cracker Barrel Old Country Store Inc [NASDAQ:CBRL] reported sales of 3.49B for trailing twelve months, representing a surge of 2.58%. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.09 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.08.
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 50.81 points at the first support level, and at 49.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 52.72, and for the 2nd resistance point, it is at 53.49.
Ratios To Look Out For
It’s worth pointing out that Cracker Barrel Old Country Store Inc [NASDAQ:CBRL]’s Current Ratio is 0.61. 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 0.33, the price to book ratio is 2.62 and price to earnings (TTM) ratio is 28.80.
