Cracker Barrel Old Country Store Inc (NASDAQ: CBRL)’s stock price has soared by 2.27 in relation to previous closing price of 42.34. Nevertheless, the company has seen a gain of 18.70% in its stock price over the last five trading days. zacks.com reported 2024-09-18 that The average of price targets set by Wall Street analysts indicates a potential upside of 31.3% in Cracker Barrel (CBRL). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Is It Worth Investing in Cracker Barrel Old Country Store Inc (NASDAQ: CBRL) Right Now?
The price-to-earnings ratio for Cracker Barrel Old Country Store Inc (NASDAQ: CBRL) is above average at 16.02x. The 36-month beta value for CBRL is also noteworthy at 1.41. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 7 rating it as “hold,” and 1 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for CBRL is 21.70M, and at present, short sellers hold a 12.31% of that float. The average trading volume of CBRL on September 18, 2024 was 710.09K shares.
CBRL’s Market Performance
CBRL’s stock has seen a 18.70% increase for the week, with a 5.82% rise in the past month and a 0.10% gain in the past quarter. The volatility ratio for the week is 4.92%, and the volatility levels for the past 30 days are at 4.16% for Cracker Barrel Old Country Store Inc The simple moving average for the last 20 days is 10.02% for CBRL’s stock, with a simple moving average of -25.70% for the last 200 days.
Analysts’ Opinion of CBRL
CL King, on the other hand, stated in their research note that they expect to see CBRL reach a price target of $90. The rating they have provided for CBRL stocks is “Neutral” according to the report published on May 17th, 2024.
Piper Sandler gave a rating of “Neutral” to CBRL, setting the target price at $96 in the report published on July 18th of the previous year.
CBRL Trading at 5.87% 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 -48.15% of loss for the given period.
Volatility was left at 4.16%, however, over the last 30 days, the volatility rate increased by 4.92%, as shares surge +4.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.43% upper at present.
During the last 5 trading sessions, CBRL rose by +17.38%, which changed the moving average for the period of 200-days by -36.21% in comparison to the 20-day moving average, which settled at $39.45. In addition, Cracker Barrel Old Country Store Inc saw -43.82% 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 summary, Cracker Barrel Old Country Store Inc (CBRL) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
