Cracker Barrel Old Country Store Inc (NASDAQ: CBRL) is -40.17% lower on its value in year-to-date trading and has touched a low of $34.88 and a high of $83.51 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CBRL stock was last observed hovering at around $47.15 in the last trading session, with the day’s loss setting it -1.03%.
Currently trading at $46.12, the stock is 11.57% and 12.06% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.64 million and changing -2.18% at the moment leaves the stock -18.59% off its SMA200. CBRL registered -27.96% loss for a year compared to 6-month loss of -29.74%. The firm has a 50-day simple moving average (SMA 50) of $41.2522 and a 200-day simple moving average (SMA200) of $56.4835.
The stock witnessed a 19.20% gain in the last 1 month and extending the period to 3 months gives it a 17.12%, and is 0.35% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.32% over the week and 5.12% over the month.
Cracker Barrel Old Country Store Inc (CBRL) has around 77600 employees, a market worth around $1.02B and $3.47B in sales. Current P/E ratio is 25.17 and Fwd P/E is 13.26. Profit margin for the company is 1.18%. Distance from 52-week low is 32.24% and -44.78% from its 52-week high. The company has generated returns on investments over the last 12 months (2.57%).
The EPS is expected to shrink by -18.35% this year
368.0 institutions hold shares in Cracker Barrel Old Country Store Inc (CBRL), with institutional investors hold 101.47% of the company’s shares. The shares outstanding are 22.20M, and float is at 21.70M with Short Float at 12.62%. Institutions hold 100.08% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 3.45 million shares valued at $145.4 million. The investor’s holdings represent 15.5333 of the CBRL Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.62 million shares valued at $110.62 million to account for 11.818 of the shares outstanding. The other top investors are BIGLARI CAPITAL CORP. which holds 2.0 million shares representing 9.0082 and valued at over $84.32 million, while EARNEST PARTNERS LLC holds 8.3448 of the shares totaling 1.85 million with a market value of $78.11 million.
