Cracker Barrel Old Country Store Inc (NASDAQ: CBRL) has experienced a rise in its stock price by 4.08 compared to its previous closing price of 41.39. However, the company has seen a fall of -2.22% in its stock price over the last five trading days. youtube.com reported 2024-07-25 that Cracker Barrel President and CEO Julie Masino sits down with ‘Mad Money’ host Jim Cramer to talk consumer trends, store remodeling, menu innovations and more.
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 higher price-to-earnings ratio of 15.93x compared to its average ratio, The 36-month beta value for CBRL is at 1.42. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 7 as “hold,” and 1 as “sell.”
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The public float for CBRL is 21.70M, and currently, shorts hold a 12.26% of that float. The average trading volume for CBRL on July 26, 2024 was 898.31K shares.
CBRL’s Market Performance
CBRL stock saw an increase of -2.22% in the past week, with a monthly gain of 5.05% and a quarterly increase of -29.46%. The volatility ratio for the week is 5.09%, and the volatility levels for the last 30 days are 4.40% for Cracker Barrel Old Country Store Inc (CBRL). The simple moving average for the past 20 days is 2.83% for CBRL’s stock, with a -32.53% simple moving average for the past 200 days.
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 -5.68% 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 -55.50% of loss for the given period.
Volatility was left at 4.40%, however, over the last 30 days, the volatility rate increased by 5.09%, as shares surge +4.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.45% lower at present.
During the last 5 trading sessions, CBRL fell by -2.22%, which changed the moving average for the period of 200-days by -35.51% in comparison to the 20-day moving average, which settled at $41.99. In addition, Cracker Barrel Old Country Store Inc saw -44.11% 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 0.61. 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
In conclusion, Cracker Barrel Old Country Store Inc (CBRL) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
