Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) will be posting its Q117 quarterly earnings results on Tuesday, November 22nd. Analysts expect Cracker Barrel Old Country Store to post earnings of $1.84 per share and revenue of $713.90 million for the quarter. Cracker Barrel Old Country Store has set its Q1 guidance at $1.75-1.85 EPS and its FY17 guidance at $7.95-8.10 EPS.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last posted its earnings results on Wednesday, September 14th. The company reported $2.12 EPS for the quarter, missing the consensus estimate of $2.13 by $0.01. Cracker Barrel Old Country Store had a return on equity of 33.11% and a net margin of 6.50%. The firm earned $745.60 million during the quarter, compared to the consensus estimate of $741.21 million. During the same quarter last year, the company posted $1.97 EPS. Cracker Barrel Old Country Store’s revenue for the quarter was up 3.7% on a year-over-year basis. On average, analysts expect Cracker Barrel Old Country Store to post $8.13 EPS for the current fiscal year and $8.82 EPS for the next fiscal year.

Earnings History for Cracker Barrel Old Country Store (NASDAQ:CBRL)

Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) opened at 154.99 on Friday. Cracker Barrel Old Country Store Inc. has a 12-month low of $118.01 and a 12-month high of $172.89. The company has a market capitalization of $3.72 billion, a PE ratio of 19.72 and a beta of 0.31. The stock has a 50 day moving average of $136.27 and a 200 day moving average of $151.20.

The business also recently declared a quarterly dividend, which was paid on Monday, November 7th. Shareholders of record on Friday, October 14th were given a $1.15 dividend. The ex-dividend date of this dividend was Wednesday, October 12th. This represents a $4.60 annualized dividend and a yield of 2.97%. Cracker Barrel Old Country Store’s dividend payout ratio is 58.45%.

Several analysts have issued reports on the stock. Telsey Advisory Group decreased their price target on shares of 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. Maxim Group reduced their price objective on shares of 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. Zacks Investment Research raised shares of Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a report on Tuesday, September 6th. Bank of America Corp. reaffirmed 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. Finally, Wells Fargo & Co. reaffirmed a “market perform” rating and set a $132.50 price objective (down from $164.00) on shares of Cracker Barrel Old Country Store in a report on Friday, September 16th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. Cracker Barrel Old Country Store currently has a consensus rating of “Hold” and an average target price of $159.64.

A number of institutional investors have recently made changes to their positions in CBRL. Stevens Capital Management LP purchased a new position in shares of Cracker Barrel Old Country Store during the second quarter valued at about $1,517,000. FMR LLC boosted its stake in Cracker Barrel Old Country Store by 28.8% in the second quarter. FMR LLC now owns 366,455 shares of the company’s stock valued at $62,836,000 after buying an additional 81,955 shares during the last quarter. Baird Financial Group Inc. boosted its stake in Cracker Barrel Old Country Store by 2.2% in the second quarter. Baird Financial Group Inc. now owns 5,500 shares of the company’s stock valued at $927,000 after buying an additional 121 shares during the last quarter. Scotia Capital Inc. boosted its stake in Cracker Barrel Old Country Store by 35.4% in the second quarter. Scotia Capital Inc. now owns 3,464 shares of the company’s stock valued at $595,000 after buying an additional 905 shares during the last quarter. Finally, BlueMountain Capital Management LLC boosted its stake in Cracker Barrel Old Country Store by 1,803.4% in the second quarter. BlueMountain Capital Management LLC now owns 6,757 shares of the company’s stock valued at $1,159,000 after buying an additional 6,402 shares during the last quarter. 83.35% of the stock is owned by hedge funds and other institutional investors.

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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