Zacks Research Has Pessimistic Outlook of CBRL Q2 Earnings

Key Points

• Zacks Research has downgraded Cracker Barrel Old Country Store's Q2 2026 earnings estimate from $1.23 to $1.17 per share, leading to a "Strong Sell" rating on the stock.
• Analysts from multiple firms have lowered their target prices for Cracker Barrel, with Argus setting a new price target at $50.00 while Bank of America reduced theirs to $42.00.
• The overall consensus rating for Cracker Barrel is currently "Reduce" with a price target of $50.88, indicating a generally negative outlook among various analysts.

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL - Free Report) - Investment analysts at Zacks Research reduced their Q2 2026 earnings per share estimates for shares of Cracker Barrel Old Country Store in a note issued to investors on Thursday, October 23rd. Zacks Research analyst Team now anticipates that the restaurant operator will post earnings of $1.17 per share for the quarter, down from their prior estimate of $1.23. Zacks Research has a "Strong Sell" rating on the stock. The consensus estimate for Cracker Barrel Old Country Store's current full-year earnings is $2.76 per share. Zacks Research also issued estimates for Cracker Barrel Old Country Store's Q3 2026 earnings at $0.43 EPS, FY2026 earnings at $1.98 EPS, Q2 2027 earnings at $1.01 EPS, FY2027 earnings at $2.77 EPS and FY2028 earnings at $3.32 EPS.

Several other research firms have also commented on CBRL. Argus cut their price objective on Cracker Barrel Old Country Store from $62.00 to $50.00 and set a "buy" rating for the company in a research note on Monday, September 29th. Bank of America lowered their target price on Cracker Barrel Old Country Store from $48.00 to $42.00 and set an "underperform" rating on the stock in a report on Thursday, September 18th. UBS Group restated a "neutral" rating and set a $69.00 target price (up from $60.00) on shares of Cracker Barrel Old Country Store in a report on Monday, July 14th. Wall Street Zen cut Cracker Barrel Old Country Store from a "hold" rating to a "strong sell" rating in a report on Saturday, September 20th. Finally, Piper Sandler lowered their target price on Cracker Barrel Old Country Store from $56.00 to $49.00 and set a "neutral" rating on the stock in a report on Thursday, September 18th. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Reduce" and a consensus price target of $50.88.

Cracker Barrel Old Country Store Price Performance

Shares of Cracker Barrel Old Country Store stock opened at $36.75 on Friday. The company has a quick ratio of 0.21, a current ratio of 0.50 and a debt-to-equity ratio of 0.73. Cracker Barrel Old Country Store has a twelve month low of $33.85 and a twelve month high of $71.93. The business has a 50-day moving average price of $48.28 and a 200 day moving average price of $53.00. The firm has a market cap of $818.42 million, a PE ratio of 17.75 and a beta of 1.32.

Cracker Barrel Old Country Store (NASDAQ:CBRL - Get Free Report) last released its quarterly earnings data on Wednesday, December 4th. The restaurant operator reported $0.45 earnings per share for the quarter. Cracker Barrel Old Country Store had a return on equity of 15.48% and a net margin of 1.33%.The business had revenue of $845.09 million during the quarter.

Cracker Barrel Old Country Store Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 12th. Stockholders of record on Friday, October 17th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, October 17th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.7%. Cracker Barrel Old Country Store's dividend payout ratio is currently 48.31%.

Hedge Funds Weigh In On Cracker Barrel Old Country Store

Large investors have recently bought and sold shares of the business. Whittier Trust Co. of Nevada Inc. purchased a new position in Cracker Barrel Old Country Store in the first quarter valued at $25,000. Brooklyn Investment Group acquired a new position in Cracker Barrel Old Country Store in the first quarter valued at $30,000. Assetmark Inc. boosted its stake in Cracker Barrel Old Country Store by 517.3% in the second quarter. Assetmark Inc. now owns 500 shares of the restaurant operator's stock valued at $31,000 after acquiring an additional 419 shares in the last quarter. Canada Pension Plan Investment Board acquired a new position in Cracker Barrel Old Country Store in the second quarter valued at $37,000. Finally, Meeder Asset Management Inc. acquired a new position in Cracker Barrel Old Country Store in the first quarter valued at $45,000. Hedge funds and other institutional investors own 96.01% of the company's stock.

Cracker Barrel Old Country Store Company Profile

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.

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