Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) has received a consensus rating of “Hold” from the nine research firms that are currently covering the company. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $154.42.

Several equities research analysts have recently commented on the company. Zacks Investment Research downgraded Cracker Barrel Old Country Store from a “hold” rating to a “sell” rating in a report on Tuesday. Wells Fargo & Co. restated a “market perform” rating and set a $132.50 price objective (down previously from $164.00) on shares of Cracker Barrel Old Country Store in a report on Friday, September 16th. Bank of America Corp. restated a “sell” rating and set a $140.00 price objective on shares of Cracker Barrel Old Country Store in a report on Thursday, September 15th. Maxim Group decreased their price objective on Cracker Barrel Old Country Store from $170.00 to $165.00 and set a “buy” rating for the company in a report on Thursday, September 15th. Finally, Telsey Advisory Group cut their target price on Cracker Barrel Old Country Store from $160.00 to $150.00 and set a “market perform” rating on the stock in a research report on Thursday, September 15th.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Commonwealth Equity Services Inc boosted its position in Cracker Barrel Old Country Store by 20.0% in the first quarter. Commonwealth Equity Services Inc now owns 8,031 shares of the company’s stock valued at $1,226,000 after buying an additional 1,341 shares in the last quarter. Aperio Group LLC boosted its position in Cracker Barrel Old Country Store by 261.0% in the first quarter. Aperio Group LLC now owns 9,985 shares of the company’s stock valued at $1,524,000 after buying an additional 7,219 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. boosted its position in Cracker Barrel Old Country Store by 2.6% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 9,950 shares of the company’s stock valued at $1,519,000 after buying an additional 250 shares in the last quarter. BlackRock Group LTD boosted its position in Cracker Barrel Old Country Store by 13.7% in the first quarter. BlackRock Group LTD now owns 22,479 shares of the company’s stock valued at $3,431,000 after buying an additional 2,711 shares in the last quarter. Finally, BlackRock Japan Co. Ltd boosted its position in Cracker Barrel Old Country Store by 54.6% in the first quarter. BlackRock Japan Co. Ltd now owns 1,461 shares of the company’s stock valued at $223,000 after buying an additional 516 shares in the last quarter. 86.92% of the stock is currently owned by institutional investors and hedge funds.

Cracker Barrel Old Country Store (NASDAQ:CBRL) traded up 0.590% during midday trading on Wednesday, reaching $132.396. The company had a trading volume of 154,094 shares. The stock’s 50 day moving average is $147.30 and its 200 day moving average is $154.30. The firm has a market capitalization of $3.18 billion, a price-to-earnings ratio of 16.844 and a beta of 0.35. Cracker Barrel Old Country Store has a 12-month low of $118.01 and a 12-month high of $172.89.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last released its quarterly earnings data on Wednesday, September 14th. The company reported $2.12 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $2.13 by $0.01. The firm had revenue of $745.60 million for the quarter, compared to the consensus estimate of $741.21 million. Cracker Barrel Old Country Store had a net margin of 6.50% and a return on equity of 33.11%. The company’s revenue was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.97 EPS. Equities research analysts expect that Cracker Barrel Old Country Store will post $8.13 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 7th. Shareholders of record on Friday, October 14th will be given a $1.15 dividend. The ex-dividend date is Wednesday, October 12th. This represents a $4.60 annualized dividend and a yield of 3.49%. Cracker Barrel Old Country Store’s dividend payout ratio is currently 58.45%.

About Cracker Barrel Old Country Store

Cracker Barrel Old Country Store, Inc is engaged in the operation and development of the Cracker Barrel Old Country Store concept (Cracker Barrel). Each Cracker Barrel store consists of a restaurant with a gift shop. The format of its stores consists of a trademarked rustic old country-store design offering a restaurant menu that features home-style country food and a range of decorative and functional items, such as rocking chairs, holiday and seasonal gifts and toys, apparel, cookware and foods.

5 Day Chart for NASDAQ:CBRL

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