BidaskClub upgraded shares of Cracker Barrel Old Country Store (NASDAQ:CBRL) from a sell rating to a hold rating in a research note published on Tuesday.

A number of other analysts have also recently commented on the company. ValuEngine upgraded Cracker Barrel Old Country Store from a sell rating to a hold rating in a research report on Tuesday. Wells Fargo & Co lowered their price target on Cracker Barrel Old Country Store from $140.00 to $139.00 and set a market perform rating for the company in a report on Wednesday, September 19th. SunTrust Banks lifted their price target on Cracker Barrel Old Country Store to $134.00 and gave the company a hold rating in a report on Wednesday, September 19th. Maxim Group lowered their price target on Cracker Barrel Old Country Store from $187.00 to $175.00 and set a buy rating for the company in a report on Wednesday, September 19th. Finally, Telsey Advisory Group lowered their price target on Cracker Barrel Old Country Store from $165.00 to $155.00 and set an outperform rating for the company in a report on Wednesday, September 19th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. Cracker Barrel Old Country Store currently has a consensus rating of Hold and an average target price of $158.00.

Cracker Barrel Old Country Store stock opened at $150.31 on Tuesday. The stock has a market cap of $3.53 billion, a P/E ratio of 16.94, a P/E/G ratio of 2.29 and a beta of 0.58. Cracker Barrel Old Country Store has a 52 week low of $141.63 and a 52 week high of $179.12. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.84 and a quick ratio of 0.41.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last posted its quarterly earnings data on Tuesday, September 18th. The restaurant operator reported $2.55 EPS for the quarter, missing analysts’ consensus estimates of $2.69 by ($0.14). The company had revenue of $810.90 million for the quarter, compared to analysts’ expectations of $824.86 million. Cracker Barrel Old Country Store had a return on equity of 35.81% and a net margin of 8.17%. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.23 EPS. As a group, sell-side analysts forecast that Cracker Barrel Old Country Store will post 8.86 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 5th. Shareholders of record on Friday, October 19th will be issued a $1.25 dividend. This represents a $5.00 annualized dividend and a yield of 3.33%. The ex-dividend date of this dividend is Thursday, October 18th. Cracker Barrel Old Country Store’s dividend payout ratio (DPR) is 56.37%.

In other Cracker Barrel Old Country Store news, VP Laura A. Daily sold 2,740 shares of Cracker Barrel Old Country Store stock in a transaction dated Thursday, September 27th. The stock was sold at an average price of $145.60, for a total value of $398,944.00. Following the completion of the sale, the vice president now owns 11,392 shares in the company, valued at approximately $1,658,675.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Nicholas V. Flanagan sold 6,000 shares of Cracker Barrel Old Country Store stock in a transaction dated Monday, September 24th. The shares were sold at an average price of $145.81, for a total value of $874,860.00. Following the completion of the sale, the vice president now owns 18,784 shares of the company’s stock, valued at approximately $2,738,895.04. The disclosure for this sale can be found here. 0.86% of the stock is owned by insiders.

Institutional investors and hedge funds have recently bought and sold shares of the business. United Capital Financial Advisers LLC purchased a new stake in Cracker Barrel Old Country Store in the 1st quarter valued at about $207,000. Itau Unibanco Holding S.A. purchased a new stake in shares of Cracker Barrel Old Country Store during the 2nd quarter worth about $230,000. Asset Management One Co. Ltd. purchased a new stake in shares of Cracker Barrel Old Country Store during the 1st quarter worth about $264,000. Truvestments Capital LLC purchased a new stake in shares of Cracker Barrel Old Country Store during the 2nd quarter worth about $273,000. Finally, AE Wealth Management LLC grew its holdings in shares of Cracker Barrel Old Country Store by 34.9% during the 2nd quarter. AE Wealth Management LLC now owns 2,000 shares of the restaurant operator’s stock worth $312,000 after purchasing an additional 517 shares during the period. Institutional investors own 87.45% of the company’s stock.

About Cracker Barrel Old Country Store

Cracker Barrel Old Country Store, Inc develops and operates the Cracker Barrel Old Country Store concept in the United States. Its Cracker Barrel stores consist of a restaurant with a gift shop. The company's restaurants serve breakfast, lunch, and dinner. Its gift shops offer various decorative and functional items, such as rocking chairs, holiday and seasonal gifts, toys, apparel, music CDs, cookware, and various other gift items, as well as pies, cornbread mixes, coffee, syrups, pancake mixes, candies, preserves, and other food items.

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