Bank of America Corp. reissued their sell rating on shares of Cracker Barrel Old Country Store Inc. (NASDAQ:CBRL) in a report published on Thursday. They currently have a $140.00 price objective on the stock.

Analyst Recommendations for Cracker Barrel Old Country Store (NASDAQ:CBRL)

CBRL has been the topic of several other research reports. Zacks Investment Research lowered Cracker Barrel Old Country Store from a buy rating to a hold rating in a research note on Tuesday, July 12th. Maxim Group cut their target price on Cracker Barrel Old Country Store from $170.00 to $165.00 and set a buy rating on the stock in a research note on Thursday, September 15th. SunTrust Banks Inc. increased their target price on Cracker Barrel Old Country Store from $151.00 to $152.00 and gave the company a neutral rating in a research note on Thursday, June 2nd. Finally, Telsey Advisory Group lowered Cracker Barrel Old Country Store from an outperform rating to a market perform rating and increased their target price for the company from $160.00 to $172.00 in a research note on Thursday, June 2nd. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of $158.93.

Shares of Cracker Barrel Old Country Store (NASDAQ:CBRL) opened at 139.01 on Thursday. The firm has a market capitalization of $3.33 billion, a price-to-earnings ratio of 17.69 and a beta of 0.38. Cracker Barrel Old Country Store has a one year low of $118.01 and a one year high of $172.89. The stock’s 50 day moving average price is $153.76 and its 200 day moving average price is $155.41.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last issued its quarterly earnings results on Wednesday, September 14th. The company reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.13 by $0.01. Cracker Barrel Old Country Store had a net margin of 6.50% and a return on equity of 33.11%. The firm had revenue of $745.60 million for the quarter, compared to analyst estimates of $741.21 million. During the same period last year, the company earned $1.97 EPS. The company’s revenue was up 3.7% compared to the same quarter last year. Analysts expect that Cracker Barrel Old Country Store will post $8.14 EPS for the current fiscal year.

Large investors have recently made changes to their positions in the company. Mason Street Advisors LLC acquired a new stake in shares of Cracker Barrel Old Country Store during the second quarter valued at about $1,872,000. Public Employees Retirement System of Ohio increased its stake in shares of Cracker Barrel Old Country Store by 6.1% in the second quarter. Public Employees Retirement System of Ohio now owns 956 shares of the company’s stock valued at $164,000 after buying an additional 55 shares during the period. Calvert Investment Management Inc. increased its stake in shares of Cracker Barrel Old Country Store by 5.3% in the second quarter. Calvert Investment Management Inc. now owns 1,476 shares of the company’s stock valued at $253,000 after buying an additional 74 shares during the period. Schwab Charles Investment Management Inc. increased its stake in shares of Cracker Barrel Old Country Store by 4.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 130,071 shares of the company’s stock valued at $22,304,000 after buying an additional 5,989 shares during the period. Finally, Bellwether Investment Group LLC acquired a new stake in shares of Cracker Barrel Old Country Store during the second quarter valued at about $107,000. Institutional investors own 86.96% of the company’s stock.

Cracker Barrel Old Country Store Company Profile

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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