Cracker Barrel Old Country Store (NASDAQ:CBRL) Stock Price Down 4.3% - What's Next?

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL - Get Free Report)'s share price traded down 4.3% during mid-day trading on Thursday . The stock traded as low as $56.06 and last traded at $56.0130. Approximately 219,911 shares changed hands during trading, a decline of 82% from the average daily volume of 1,201,484 shares. The stock had previously closed at $58.56.

More 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, citing improving earnings prospects. The upgrade may support investor interest after the stock’s substantial recent rally. All You Need to Know About Cracker Barrel Rating Upgrade to Strong Buy
• Positive Sentiment: Zacks Research raised multiple EPS forecasts, including FY2026 to a loss of $0.17 from a prior loss estimate of $0.40, FY2027 to $0.98 from $0.64, and FY2028 to $1.75 from $1.35. Estimates for several future quarters were also increased, signaling expectations for a meaningful earnings recovery. Cracker Barrel analyst estimates
• Positive Sentiment: Recent momentum has been supported by better guest metrics, tighter cost controls and raised fiscal 2026 guidance. A Zacks screen also identifies CBRL as a momentum stock that may still offer value. Cracker Barrel Stock Jumps 78% in 6 Months
• Neutral Sentiment: Options-market implied volatility is rising, indicating greater investor uncertainty and potentially larger near-term price swings. Implied Volatility Surging for Cracker Barrel Stock Options
• Negative Sentiment: Valuation remains a concern: shares trade at roughly 48 times earnings, while the latest quarter showed revenue down 2.9% year over year and a net margin below 1%. Analysts also continue to flag weak traffic, which could limit the rally.

Analyst Ratings Changes

Several equities analysts have weighed in on CBRL shares. Zacks Research upgraded Cracker Barrel Old Country Store from a "hold" rating to a "strong-buy" rating in a research note on Monday. Citigroup upped their target price 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. UBS Group reiterated a "neutral" rating on shares of Cracker Barrel Old Country Store in a report on Tuesday, July 28th. Wall Street Zen raised shares of Cracker Barrel Old Country Store from a "strong sell" rating to a "hold" rating in a research report on Saturday, June 13th. Finally, Bank of America raised their price target on shares of Cracker Barrel Old Country Store from $34.00 to $40.00 in a research report on Monday, June 15th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $48.14.

Cracker Barrel Old Country Store Price Performance

The stock has a market cap of $1.24 billion, a P/E ratio of 47.95 and a beta of 1.20. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.19 and a current ratio of 0.50. The business has a 50 day simple moving average of $53.94 and a 200-day simple moving average of $39.39.

Cracker Barrel Old Country Store (NASDAQ:CBRL - Get Free Report) last released its earnings results on Tuesday, June 9th. The restaurant operator reported $0.29 EPS for the quarter, topping analysts' consensus estimates of ($0.45) by $0.74. Cracker Barrel Old Country Store had a return on equity of 2.78% and a net margin of 0.79%.The company had revenue of $797.37 million for the quarter, compared to analysts' expectations of $776.69 million. During the same period in the previous year, the business posted $0.56 EPS. The business's revenue for the quarter was down 2.9% compared to the same quarter last year. On average, sell-side analysts forecast that Cracker Barrel Old Country Store, Inc. will post 0.01 EPS for the current year.

Institutional Investors Weigh In On Cracker Barrel Old Country Store

Hedge funds have recently modified their holdings of the stock. California State Teachers Retirement System grew its holdings in Cracker Barrel Old Country Store by 6,939.3% during the second quarter. California State Teachers Retirement System now owns 1,297,269 shares of the restaurant operator's stock valued at $69,144,000 after purchasing an additional 1,278,840 shares during the period. Meadowbrook Wealth Management LLC bought a new position in shares of Cracker Barrel Old Country Store during the 2nd quarter worth $530,000. AXQ Capital LP purchased a new stake in Cracker Barrel Old Country Store in the 2nd quarter worth about $249,000. Headlands Technologies LLC bought a new stake in Cracker Barrel Old Country Store in the 2nd quarter valued at about $247,000. Finally, Two Sigma Securities LLC bought a new stake in Cracker Barrel Old Country Store in the 2nd quarter valued at about $206,000. Institutional investors own 96.01% of the company's stock.

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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