At the time of writing, Cracker Barrel Old Country Store Inc [CBRL] stock is trading at $57.57, up 0.75%. 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 2.32% over the last week, with a monthly amount glided 12.29%, 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 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.
For the past year, the stock price of Cracker Barrel Old Country Store Inc fluctuated between $34.88 and $82.98. 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 $57.57 at the most recent close of the market. An investor can expect a potential drop of -12.11% 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 3.49B for trailing twelve months, which represents an 2.58% jump. 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 56.39 points at the first support level, and at 55.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 58.97, and for the 2nd resistance point, it is at 60.38.
Ratios To Look Out For
It is important to note that Cracker Barrel Old Country Store Inc [NASDAQ:CBRL] has a current ratio of 0.69. Also, the Quick Ratio is 0.24, 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 2.91 and price to earnings (TTM) ratio is 31.92.
