The Impact of Market Fluctuations on Cracker Barrel Old Country Store Inc’s (CBRL) Stock

The stock of Cracker Barrel Old Country Store Inc (CBRL) has seen a 7.44% increase in the past week, with a -2.00% drop in the past month, and a -21.14% decrease in the past quarter. The volatility ratio for the week is 4.81%, and the volatility levels for the past 30 days are at 4.26% for CBRL. The simple moving average for the past 20 days is 5.11% for CBRL’s stock, with a -31.61% simple moving average for the past 200 days.

Is It Worth Investing in Cracker Barrel Old Country Store Inc (NASDAQ: CBRL) Right Now?

Cracker Barrel Old Country Store Inc (NASDAQ: CBRL) has a price-to-earnings ratio that is above its average at 16.30x. The stock has a 36-month beta value of 1.43. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 7 as “hold,” and 1 as “sell.”

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The public float for CBRL is 21.70M, and at present, short sellers hold a 13.93% of that float. On July 19, 2024, the average trading volume of CBRL was 894.25K shares.

CBRL) stock’s latest price update

The stock of Cracker Barrel Old Country Store Inc (NASDAQ: CBRL) has decreased by -5.37 when compared to last closing price of 46.56. Despite this, the company has experienced a 7.44% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-07-18 that Skilled brand builder and growth driver has built successful career in hospitality by blending traditional marketing with innovation LEBANON, Tenn., July 18, 2024 /PRNewswire/ — Cracker Barrel Old Country Store® (“Cracker Barrel” or the “Company”) (Nasdaq: CBRL) is pleased to announce the appointment of Sarah Moore as its Chief Marketing Officer, effective Monday, July 22.

Analysts’ Opinion of CBRL

Many brokerage firms have already submitted their reports for CBRL stocks, with CL King repeating the rating for CBRL by listing it as a “Neutral.” The predicted price for CBRL in the upcoming period, according to CL King is $90 based on the research report published on May 17, 2024 of the current year 2024.

Piper Sandler, on the other hand, stated in their research note that they expect to see CBRL reach a price target of $96. The rating they have provided for CBRL stocks is “Neutral” according to the report published on July 18th, 2023.

Argus gave a rating of “Buy” to CBRL, setting the target price at $126 in the report published on March 24th of the previous year.

CBRL Trading at -5.86% from the 50-Day Moving Average

After a stumble in the market that brought CBRL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -55.31% of loss for the given period.

Volatility was left at 4.26%, however, over the last 30 days, the volatility rate increased by 4.81%, as shares surge +1.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.61% lower at present.

During the last 5 trading sessions, CBRL rose by +7.44%, which changed the moving average for the period of 200-days by -34.43% in comparison to the 20-day moving average, which settled at $41.96. In addition, Cracker Barrel Old Country Store Inc saw -42.84% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CBRL starting from COCHRAN SANDRA B, who sale 24,700 shares at the price of $67.13 back on Sep 22 ’23. After this action, COCHRAN SANDRA B now owns 193,810 shares of Cracker Barrel Old Country Store Inc, valued at $1,658,111 using the latest closing price.

Stock Fundamentals for CBRL

Current profitability levels for the company are sitting at:

  • 0.03 for the present operating margin
  • 0.2 for the gross margin

The net margin for Cracker Barrel Old Country Store Inc stands at 0.02. The total capital return value is set at 0.05. Equity return is now at value 13.38, with 2.76 for asset returns.

Based on Cracker Barrel Old Country Store Inc (CBRL), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at 0.42. The debt to equity ratio resting at 1.11. The interest coverage ratio of the stock is 4.65.

Currently, EBITDA for the company is 251.84 million with net debt to EBITDA at 6.38. When we switch over and look at the enterprise to sales, we see a ratio of 0.62. The receivables turnover for the company is 60.4for trailing twelve months and the total asset turnover is 1.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.63.

Conclusion

To sum up, Cracker Barrel Old Country Store Inc (CBRL) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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