Cracker Barrel Old Country Store Inc (CBRL) Shares Down Despite Recent Market Volatility

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Cracker Barrel Old Country Store Inc (NASDAQ: CBRL)’s stock price has gone decline by -4.80 in comparison to its previous close of 49.32, however, the company has experienced a -0.05% decrease in its stock price over the last five trading days. prnewswire.com reported 2024-11-04 that Urges Shareholders to Vote the WHITE Card Today “For Only” Cracker Barrel’s 10 Recommended Nominees Visit CrackerBarrelShareholders.com for More Information LEBANON, Tenn., Nov. 4, 2024 /PRNewswire/ — The Cracker Barrel Old Country Store, Inc. (Nasdaq: CBRL) Board of Directors (the “Board”) today mailed a letter to the Company’s shareholders in connection with the upcoming Annual Meeting of Shareholders (the “Annual Meeting”) to be held on November 21, 2024.

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 25.63x. The 36-month beta value for CBRL is also noteworthy at 1.42. 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.”

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The public float for CBRL is 21.72M, and at present, short sellers hold a 11.61% of that float. The average trading volume of CBRL on November 08, 2024 was 666.44K shares.

CBRL’s Market Performance

CBRL stock saw an increase of -0.05% in the past week, with a monthly gain of 8.64% and a quarterly increase of 26.09%. The volatility ratio for the week is 5.33%, and the volatility levels for the last 30 days are 4.63% for Cracker Barrel Old Country Store Inc (CBRL). The simple moving average for the past 20 days is -2.31% for CBRL’s stock, with a -10.89% simple moving average for the past 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 -43.78% of loss for the given period.

Volatility was left at 4.63%, however, over the last 30 days, the volatility rate increased by 5.33%, as shares surge +5.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.62% upper at present.

During the last 5 trading sessions, CBRL rose by +0.36%, which changed the moving average for the period of 200-days by -36.67% in comparison to the 20-day moving average, which settled at $48.08. In addition, Cracker Barrel Old Country Store Inc saw -39.08% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for CBRL

Current profitability levels for the company are sitting at:

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

The net margin for Cracker Barrel Old Country Store Inc stands at 0.01. The total capital return value is set at 0.04. Equity return is now at value 8.86, with 1.67 for asset returns.

Based on Cracker Barrel Old Country Store Inc (CBRL), the company’s capital structure generated 0.73 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 2.73. The interest coverage ratio of the stock is 3.48.

Currently, EBITDA for the company is 197.23 million with net debt to EBITDA at 7.39. When we switch over and look at the enterprise to sales, we see a ratio of 0.65. The receivables turnover for the company is 70.71for trailing twelve months and the total asset turnover is 1.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.61.

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.

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