Cracker Barrel Old Country Store Inc (CBRL) Stock Up 3.84%: Is It a Good Investment?

Cracker Barrel Old Country Store Inc [CBRL] stock is trading at $53.21, up 3.84%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CBRL shares have gain 7.82% over the last week, with a monthly amount glided 10.69%, and 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 December 05, 2024, when Piper Sandler reiterated its Neutral rating and also boosted its price target to $58 from $46. Previously, Argus upgraded its rating to Buy on November 18, 2024, and kept the price target unchanged to $52. On August 06, 2024, downgrade downgraded it’s rating to Hold. CL King downgraded its rating to a Neutral but stick to its price target of $90 on May 17, 2024. Piper Sandler initiated its recommendation with a Neutral and recommended $96 as its price target on July 18, 2023. Argus upgraded its rating to Buy for this stock on March 24, 2023, but kept the price target unchanged to $126.

Cracker Barrel Old Country Store Inc [CBRL] stock has fluctuated between $34.88 and $83.51 over the past year. Currently, Wall Street analysts expect the stock to reach $50.6 within the next 12 months. Cracker Barrel Old Country Store Inc [NASDAQ: CBRL] shares were valued at $53.21 at the most recent close of the market. An investor can expect a potential drop of -4.91% based on the average CBRL price forecast.

Analyzing the CBRL fundamentals

Cracker Barrel Old Country Store Inc [NASDAQ:CBRL] reported sales of 3.49B for the trailing twelve months, which represents a growth 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.96.

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 51.54 points at the first support level, and at 49.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 54.39, and for the 2nd resistance point, it is at 55.57.

Ratios To Look Out For

For context, Cracker Barrel Old Country Store Inc’s Current Ratio is 0.69. As well, the Quick Ratio is 0.24, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 0.34, the price to book ratio is 2.69 and price to earnings (TTM) ratio is 29.50.

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