Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) shares, rose in value, with the stock price up by 0.95% to the previous day’s close as strong demand from buyers drove the stock to $40.29.
Actively observing the price movement in the last trading, the stock closed the session at $39.91. The PE ratio was 22.34 over 12-month period. Referring to stock’s 52-week performance, its high was $74.21, and the low was $34.88. On the whole, CBRL has fluctuated by -36.40% over the past month.
With the market capitalization of Cracker Barrel Old Country Store Inc currently standing at about $896.82 million, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 2.05, with its dividend yield at 5.09%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.46B, with a low estimate of 928M and a high estimate of 956.6M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 944.17M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CBRL’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 27.92, with the price of CBRL currently trading nearly -17.09% and -25.75% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 21.67, while the 7-day volatility ratio is showing 5.66% which for the 30-day chart, stands at 5.00%. Furthermore, Cracker Barrel Old Country Store Inc (CBRL)’s beta value is 1.39, and its average true range (ATR) is 2.48.
A comparison of Cracker Barrel Old Country Store Inc (CBRL) with its peers suggests the former has fared considerably weaker in the market. CBRL showed an intraday change of 0.95% in last session, and over the past year, it shrunk by -39.24%%. In comparison, Darden Restaurants Inc. (DRI) has moved higher at 1.01%% on the day and was up 10.68% over the past 12 months. On the other hand, the price of Brinker International Inc. (EAT) has fallen -1.54%% on the day. The stock, however, is off 207.91% from where it was a year ago. Additionally, there is a gain of 3.41%% for Dine Brands Global Inc. (DIN) in last trading while the stock has seen an overall depriciation of -52.22%% over the past year.
Data on historical trading for Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) indicates that the trading volumes over the past 3 months, they’ve averaged 741.95K. According to company’s latest data on outstanding shares, there are 22.24 million shares outstanding.
Nearly 2.29% of Cracker Barrel Old Country Store Inc’s shares belong to company insiders and institutional investors own 97.09% of the company’s shares. The stock has fallen by -23.78% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CBRL stock heading into the next quarter.
