CBRL Stock Gets Increased EPS Forecast from Zacks Research

Key Points

• Zacks Research raised its Q1 2027 EPS forecast for Cracker Barrel Old Country Store to a loss of $0.10 per share from a prior estimate of $0.22, while maintaining a “Strong Buy” rating.
• Analyst sentiment remains mixed: the stock has an average “Hold” rating and a consensus price target of $50.86, below its reported opening price of $55.34.
• Cracker Barrel recently beat quarterly expectations, reporting $0.99 EPS versus the $0.17 consensus and $849.34 million in revenue; it also declared a $0.25 quarterly dividend, equivalent to a 1.8% yield.

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL - Free Report) - Stock analysts at Zacks Research lifted their Q1 2027 earnings per share (EPS) estimates for Cracker Barrel Old Country Store in a report issued on Wednesday, October 7th. Zacks Research analyst Team now forecasts that the restaurant operator will post earnings of ($0.10) per share for the quarter, up from their prior estimate of ($0.22). Zacks Research currently has a "Strong-Buy" rating on the stock. The consensus estimate for Cracker Barrel Old Country Store's current full-year earnings is $1.45 per share. Zacks Research also issued estimates for Cracker Barrel Old Country Store's Q2 2027 earnings at $0.60 EPS, Q4 2027 earnings at $0.44 EPS, FY2027 earnings at $1.30 EPS, Q1 2028 earnings at $0.09 EPS and Q4 2028 earnings at $0.52 EPS.

Several other equities research analysts also recently weighed in on CBRL. Bank of America reaffirmed an "underperform" rating and issued a $48.00 price objective on shares of Cracker Barrel Old Country Store in a report on Thursday, September 24th. Argus raised their target price on shares of Cracker Barrel Old Country Store from $40.00 to $60.00 and gave the company a "buy" rating in a research note on Thursday, June 11th. UBS Group boosted their price target on shares of Cracker Barrel Old Country Store from $37.00 to $46.00 and gave the stock a "neutral" rating in a research report on Monday, September 21st. Wall Street Zen raised shares of Cracker Barrel Old Country Store from a "strong sell" rating to a "hold" rating in a research note on Saturday, June 13th. Finally, Citigroup increased their price objective on shares of Cracker Barrel Old Country Store from $42.00 to $44.00 and gave the company a "sell" rating in a report on Friday, September 25th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Cracker Barrel Old Country Store currently has an average rating of "Hold" and a consensus target price of $50.86.

Cracker Barrel Old Country Store Trading Down 1.9%

NASDAQ:CBRL opened at $55.34 on Friday. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 39.53, a PEG ratio of 1.44 and a beta of 1.21. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.24 and a current ratio of 0.58. Cracker Barrel Old Country Store has a 1 year low of $24.85 and a 1 year high of $60.26. The business has a fifty day moving average of $53.91 and a 200-day moving average of $43.96.

Cracker Barrel Old Country Store (NASDAQ:CBRL - Get Free Report) last issued its quarterly earnings data on Wednesday, September 23rd. The restaurant operator reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.82. Cracker Barrel Old Country Store had a return on equity of 4.01% and a net margin of 0.95%.The business had revenue of $849.34 million during the quarter, compared to analyst estimates of $834.57 million. During the same period in the prior year, the company posted $0.74 EPS. The business's revenue for the quarter was down 2.2% compared to the same quarter last year.

Cracker Barrel Old Country Store Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 12th. Investors of record on Friday, October 16th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, October 16th. This represents a $1.00 annualized dividend and a yield of 1.8%. Cracker Barrel Old Country Store's dividend payout ratio (DPR) is currently 71.43%.

Insider Transactions at Cracker Barrel Old Country Store

In related news, SVP Donna Roberts sold 3,500 shares of Cracker Barrel Old Country Store stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $52.08, for a total transaction of $182,280.00. Following the transaction, the senior vice president directly owned 43,702 shares of the company's stock, valued at $2,276,000.16. The trade was a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.40% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Cracker Barrel Old Country Store

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Axiom Investment Management LLC acquired a new position in shares of Cracker Barrel Old Country Store in the 1st quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd boosted its holdings in Cracker Barrel Old Country Store by 107.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,246 shares of the restaurant operator's stock worth $32,000 after buying an additional 645 shares in the last quarter. Hilton Head Capital Partners LLC bought a new stake in Cracker Barrel Old Country Store during the fourth quarter worth approximately $35,000. PNC Financial Services Group Inc. grew its position in Cracker Barrel Old Country Store by 22.0% in the first quarter. PNC Financial Services Group Inc. now owns 1,783 shares of the restaurant operator's stock worth $50,000 after buying an additional 321 shares during the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new position in Cracker Barrel Old Country Store in the second quarter worth approximately $91,000. 96.01% of the stock is owned by institutional investors and hedge funds.

Cracker Barrel Old Country Store News Roundup

Here are the key news stories impacting Cracker Barrel Old Country Store this week:

• Positive Sentiment: Analysts raised forward earnings estimates. Zacks Research increased its EPS forecasts for Q3 2027 to $0.36 from $0.26, Q2 2028 to $0.75 from $0.68, Q3 2028 to $0.44 from $0.37 and fiscal 2028 to $1.81 from $1.75. The firm projects $2.52 in fiscal 2029 EPS and maintains a “Strong-Buy” rating, reinforcing expectations for sustained profit improvement. MarketBeat analyst estimates
• Positive Sentiment: The turnaround narrative remains supportive. A Zacks analysis said CBRL’s shares have risen about 90% over six months as traffic, food quality and margins improve. The stock was also identified among companies considered likely to beat earnings estimates in upcoming results. Cracker Barrel Soars 90% in 6 Months: Buy or Sell the Stock?
• Neutral Sentiment: Fiscal fourth-quarter results were reported. A report indicated that Cracker Barrel released its fiscal Q4 results, but the available article information did not provide the key financial figures or management outlook needed to assess the earnings impact. Cracker Barrel Old Country Store stock reports fiscal Q4 results
• Negative Sentiment: Valuation and consumer risks could limit further gains. After its sharp rally, CBRL’s valuation leaves less room for disappointing results, while weakness in consumer spending could slow traffic and the broader recovery. Valuation and consumer risks analysis
• Negative Sentiment: Shareholder activism adds uncertainty. The Accountability Board submitted a shareholder proposal, potentially increasing pressure on management and creating governance-related uncertainty for investors. The Accountability Board shareholder proposal

About Cracker Barrel Old Country Store

Cracker Barrel Old Country Store, Inc operates full-service restaurants combined with country-themed retail stores under the Cracker Barrel Old Country Store brand. Its restaurants serve Southern-inspired comfort food, including breakfast items, lunch and dinner entrées, biscuits, desserts and beverages. The retail stores offer home décor, apparel, gifts, seasonal merchandise, toys and other products with a traditional country and Americana theme.

Founded in 1969 by Dan Evins, Cracker Barrel opened its first location in Lebanon, Tennessee.

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