Zacks Research Analysts Increase Earnings Estimates for CBRL

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL - Free Report) - Stock analysts at Zacks Research upped their FY2026 earnings per share estimates for Cracker Barrel Old Country Store in a research note issued to investors on Tuesday, August 25th. Zacks Research analyst Team now forecasts that the restaurant operator will post earnings of ($0.17) per share for the year, up from their previous forecast of ($0.40). 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 $0.01 per share. Zacks Research also issued estimates for Cracker Barrel Old Country Store's Q4 2026 earnings at $0.03 EPS, Q1 2027 earnings at ($0.22) EPS, Q3 2027 earnings at $0.26 EPS, Q4 2027 earnings at $0.31 EPS, FY2027 earnings at $0.98 EPS, Q1 2028 earnings at ($0.09) EPS, Q2 2028 earnings at $0.68 EPS, Q3 2028 earnings at $0.37 EPS, Q4 2028 earnings at $0.79 EPS and FY2028 earnings at $1.75 EPS.

Cracker Barrel Old Country Store (NASDAQ:CBRL - Get Free Report) last issued its quarterly earnings results on Tuesday, June 9th. The restaurant operator reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.45) by $0.74. Cracker Barrel Old Country Store had a net margin of 0.79% and a return on equity of 2.78%. The company had revenue of $797.37 million during the quarter, compared to analyst estimates of $776.69 million. During the same period last year, the business earned $0.56 EPS. Cracker Barrel Old Country Store's quarterly revenue was down 2.9% compared to the same quarter last year.

A number of other brokerages have also recently issued reports on CBRL. Citigroup upped their price target on shares of Cracker Barrel Old Country Store from $34.00 to $42.00 and gave the stock a "sell" rating in a research note on Tuesday, July 21st. Piper Sandler reaffirmed a "neutral" rating and issued a $51.00 target price on shares of Cracker Barrel Old Country Store in a report on Wednesday, July 22nd. Bank of America upped their target price on shares of Cracker Barrel Old Country Store from $34.00 to $40.00 in a research note on Monday, June 15th. Wells Fargo & Company increased their price target on shares of Cracker Barrel Old Country Store from $50.00 to $60.00 and gave the company an "overweight" rating in a report on Wednesday, July 22nd. Finally, Benchmark reiterated a "hold" rating on shares of Cracker Barrel Old Country Store in a research note on Wednesday, June 10th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Cracker Barrel Old Country Store presently has a consensus rating of "Hold" and an average target price of $48.14.

Cracker Barrel Old Country Store Trading Up 0.5%

Cracker Barrel Old Country Store stock opened at $58.56 on Thursday. The company has a current ratio of 0.50, a quick ratio of 0.19 and a debt-to-equity ratio of 0.72. The business's fifty day simple moving average is $53.94 and its two-hundred day simple moving average is $39.39. Cracker Barrel Old Country Store has a 12 month low of $24.85 and a 12 month high of $63.15. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of 50.48 and a beta of 1.20.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Canada Pension Plan Investment Board bought a new position in shares of Cracker Barrel Old Country Store during the 2nd quarter valued at approximately $37,000. Caitong International Asset Management Co. Ltd purchased a new position in Cracker Barrel Old Country Store during the third quarter valued at approximately $26,000. Axiom Investment Management LLC bought a new position in shares of Cracker Barrel Old Country Store in the first quarter worth approximately $28,000. Hilton Head Capital Partners LLC purchased a new stake in shares of Cracker Barrel Old Country Store in the fourth quarter worth $35,000. Finally, PNC Financial Services Group Inc. increased its stake in shares of 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 purchasing an additional 321 shares in the last quarter. 96.01% of the stock is owned by hedge funds and other institutional investors.

Key Cracker Barrel Old Country Store News

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

• Positive Sentiment: Zacks upgraded CBRL to Strong Buy: The upgrade reflects improving earnings expectations and could provide near-term support for the shares. All You Need to Know About Cracker Barrel Rating Upgrade to Strong Buy
• Positive Sentiment: Higher earnings forecast: Zacks raised its fiscal second-quarter 2027 EPS estimate to $0.63 from $0.55 and maintained its Strong Buy rating, signaling greater confidence in the company’s earnings outlook. Cracker Barrel earnings estimate report
• Positive Sentiment: Cracker Barrel’s latest quarterly results exceeded expectations, with EPS of $0.29 versus a projected loss of $0.45 and revenue of approximately $797.4 million, above consensus. These results, along with tighter costs and raised fiscal 2026 guidance, underpin the recent rally. Cracker Barrel Stock Jumps 78% in 6 Months
• Neutral Sentiment: Options-market implied volatility has risen, indicating that traders expect larger-than-usual price swings. This may increase speculative interest but also signals heightened risk around CBRL. Implied Volatility Surging for Cracker Barrel Stock Options
• Negative Sentiment: Despite operational improvements, guest traffic remains weak and quarterly revenue declined 2.9% year over year. After the sharp rally, CBRL also trades at a relatively high earnings multiple, leaving the stock vulnerable if growth or guidance disappoints.

Cracker Barrel Old Country Store Company Profile

Cracker Barrel Old Country Store, Inc operates a distinctive combination of country-themed restaurants and retail stores across the United States. Since its founding in 1969, the company has focused on providing a nostalgic dining experience reminiscent of Southern hospitality, serving breakfast, lunch and dinner with an emphasis on traditional comfort foods.

The restaurant segment offers an extensive menu featuring signature items such as buttermilk pancakes, country ham, biscuits and gravy, meatloaf and pot roast.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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