Cracker Barrel Old Country Store (CBRL) Projected to Post Quarterly Earnings on Tuesday

Cracker Barrel Old Country Store (NASDAQ:CBRL) is expected to release its earnings data before the market opens on Tuesday, February 25th. Analysts expect Cracker Barrel Old Country Store to post earnings of $1.00 per share and revenue of $940.20 million for the quarter.

Cracker Barrel Old Country Store Trading Down 4.2 %

Shares of NASDAQ:CBRL opened at $47.33 on Tuesday. The company has a current ratio of 0.69, a quick ratio of 0.24 and a debt-to-equity ratio of 1.20. Cracker Barrel Old Country Store has a 12-month low of $34.88 and a 12-month high of $74.54. The business has a 50 day moving average of $56.05 and a two-hundred day moving average of $48.71. The company has a market capitalization of $1.05 billion, a PE ratio of 26.15, a PEG ratio of 10.38 and a beta of 1.48.

Cracker Barrel Old Country Store Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 12th. Investors of record on Friday, January 17th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.11%. The ex-dividend date of this dividend was Friday, January 17th. Cracker Barrel Old Country Store’s dividend payout ratio is currently 55.25%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. UBS Group upped their price objective on shares of Cracker Barrel Old Country Store from $42.00 to $60.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. Argus raised Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and set a $52.00 price target for the company in a report on Monday, November 18th. StockNews.com upgraded Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a research report on Friday. Loop Capital boosted their price objective on Cracker Barrel Old Country Store from $45.00 to $55.00 and gave the company a “hold” rating in a research report on Thursday, December 5th. Finally, Bank of America increased their target price on Cracker Barrel Old Country Store from $45.00 to $53.00 and gave the company an “underperform” rating in a research report on Thursday, December 5th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $57.63.

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.