Cracker Barrel Old Country Store (NASDAQ:CBRL) Trading Down 4.3% – What’s Next?

Shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) were down 4.3% during trading on Thursday . The company traded as low as $56.06 and last traded at $56.0130. 219,911 shares were traded during trading, a decline of 82% from the average daily volume of 1,201,484 shares. The stock had previously closed at $58.56.

Trending Headlines about Cracker Barrel Old Country Store

Here are the key news stories impacting Cracker Barrel Old Country Store this week:

• Positive Sentiment: Zacks upgraded CBRL to Strong Buy, citing improving earnings prospects. The upgrade may support investor interest after the stock’s substantial recent rally. All You Need to Know About Cracker Barrel Rating Upgrade to Strong Buy
• Positive Sentiment: Zacks Research raised multiple EPS forecasts, including FY2026 to a loss of $0.17 from a prior loss estimate of $0.40, FY2027 to $0.98 from $0.64, and FY2028 to $1.75 from $1.35. Estimates for several future quarters were also increased, signaling expectations for a meaningful earnings recovery. Cracker Barrel analyst estimates
• Positive Sentiment: Recent momentum has been supported by better guest metrics, tighter cost controls and raised fiscal 2026 guidance. A Zacks screen also identifies CBRL as a momentum stock that may still offer value. Cracker Barrel Stock Jumps 78% in 6 Months
• Neutral Sentiment: Options-market implied volatility is rising, indicating greater investor uncertainty and potentially larger near-term price swings. Implied Volatility Surging for Cracker Barrel Stock Options
• Negative Sentiment: Valuation remains a concern: shares trade at roughly 48 times earnings, while the latest quarter showed revenue down 2.9% year over year and a net margin below 1%. Analysts also continue to flag weak traffic, which could limit the rally.

Analysts Set New Price Targets

A number of research analysts recently weighed in on CBRL shares. Piper Sandler reiterated a “neutral” rating and issued a $51.00 price objective on shares of Cracker Barrel Old Country Store in a research note on Wednesday, July 22nd. Citigroup raised their price target on Cracker Barrel Old Country Store from $34.00 to $42.00 and gave the stock a “sell” rating in a report on Tuesday, July 21st. Zacks Research upgraded Cracker Barrel Old Country Store from a “hold” rating to a “strong-buy” rating in a research report on Monday. Wells Fargo & Company boosted their price objective on Cracker Barrel Old Country Store from $50.00 to $60.00 and gave the company an “overweight” rating in a research note on Wednesday, July 22nd. Finally, UBS Group reiterated a “neutral” rating on shares of Cracker Barrel Old Country Store in a research note on Tuesday, July 28th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $48.14.

Cracker Barrel Old Country Store Trading Down 5.0%

The firm’s 50 day moving average is $53.94 and its 200 day moving average is $39.39. The company has a market cap of $1.24 billion, a PE ratio of 47.95 and a beta of 1.20. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.50 and a quick ratio of 0.19.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last posted its earnings results on Tuesday, June 9th. The restaurant operator reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.45) by $0.74. Cracker Barrel Old Country Store had a net margin of 0.79% and a return on equity of 2.78%. The business had revenue of $797.37 million for the quarter, compared to analysts’ expectations of $776.69 million. During the same period in the prior year, the company posted $0.56 EPS. The business’s revenue for the quarter was down 2.9% compared to the same quarter last year. On average, equities analysts anticipate that Cracker Barrel Old Country Store, Inc. will post 0.01 earnings per share for the current year.

Institutional Investors Weigh In On Cracker Barrel Old Country Store

Several large investors have recently added to or reduced their stakes in the business. Alliancebernstein L.P. raised its holdings in shares of Cracker Barrel Old Country Store by 19.5% in the 3rd quarter. Alliancebernstein L.P. now owns 1,459,983 shares of the restaurant operator’s stock valued at $64,327,000 after acquiring an additional 237,741 shares in the last quarter. California State Teachers Retirement System grew its holdings in shares of Cracker Barrel Old Country Store by 6,939.3% during the second quarter. California State Teachers Retirement System now owns 1,297,269 shares of the restaurant operator’s stock worth $69,144,000 after purchasing an additional 1,278,840 shares in the last quarter. Franklin Resources Inc. increased its position in shares of Cracker Barrel Old Country Store by 13,737.1% in the third quarter. Franklin Resources Inc. now owns 930,131 shares of the restaurant operator’s stock worth $40,982,000 after purchasing an additional 923,409 shares during the last quarter. State Street Corp increased its position in shares of Cracker Barrel Old Country Store by 1.1% in the fourth quarter. State Street Corp now owns 872,995 shares of the restaurant operator’s stock worth $22,174,000 after purchasing an additional 9,332 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Cracker Barrel Old Country Store by 2.2% in the third quarter. Dimensional Fund Advisors LP now owns 743,413 shares of the restaurant operator’s stock valued at $32,756,000 after purchasing an additional 15,661 shares in the last quarter. Institutional investors own 96.01% of the company’s stock.

Cracker Barrel Old Country Store Company Profile

Cracker Barrel Old Country Store, Inc operates a distinctive combination of country-themed restaurants and retail stores across the United States. Since its founding in 1969, the company has focused on providing a nostalgic dining experience reminiscent of Southern hospitality, serving breakfast, lunch and dinner with an emphasis on traditional comfort foods.

The restaurant segment offers an extensive menu featuring signature items such as buttermilk pancakes, country ham, biscuits and gravy, meatloaf and pot roast.