Cracker Barrel Old Country Store Inc (CBRL) Stock Forecast & Predictions

Cracker Barrel Old Country Store Inc CBRL: $149.13

PO Box 787, Lebanon, Tennessee, US. | Sector: Accommodation and Food Services | Exchange: NASDAQ | Web: www.crackerbarrel.com

  • Market Cap$3.44B
  • Change (52 Weeks)25.44%
  • Low (52 Weeks)$106.19
  • Cracker Barrel Old Country Store Inc (CBRL) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Cracker Barrel Old Country Store Inc (CBRL) is based on 13 Institutional Analyst Ratings where 7.69% are on Strong Buy, 0.00% on Moderate Buy, 53.85% remains on Hold, 23.08% are on Moderate Sell and 15.38% are on Strong Sell.

    Out of 13 Institutional Analysts, majority recommended CBRL stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Cracker Barrel Old Country Store Inc.

    Cracker Barrel Old Country Store Inc (CBRL) Stock Price Prediction By Analysts


    HighLowAverage
    $204.75$126.25$160.10
    $160.107.35% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for CBRL set by the institutional analysts is $160.10 where High Estimate is $204.75, Median $160.14000000000001 and Low $126.25.

    The average price target for CBRL by Institutional Analysts is $160.10, which is 7.35% Upside from the current price. So according to the Institutional Analysts, CBRL Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Cracker Barrel Old Country Store Inc (CBRL) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Wells FargoUnderweightMaintained
    Truist SecuritiesHoldMaintained
    Deutsche BankBuyMaintained
    Truist SecuritiesHoldMaintained
    MKM PartnersNeutralMaintained
    Wells FargoUnderweightMaintained
    CL KingNeutralDowngraded
    Deutsche BankBuyInitiated
    Sidoti & Co.NeutralDowngraded
    Truist SecuritiesHoldDowngraded
    Wells FargoUnderweightDowngraded
    Telsey Advisory GroupOutperformUpgraded
    Wells FargoEqual-WeightMaintained
    Truist SecuritiesBuyMaintained
    MKM PartnersNeutralMaintained
    SunTrust Robinson HumphreyBuyUpgraded
    B of A SecuritiesBuyMaintained
    MKM PartnersNeutralMaintained
    SunTrust Robinson HumphreyHoldMaintained
    Wells FargoEqual-WeightMaintained
    CL KingNeutralInitiated
    Argus ResearchHoldDowngraded
    Wells FargoMarket PerformMaintained
    MKM PartnersNeutralInitiated
    Wells FargoMarket PerformMaintained
    SunTrust Robinson HumphreyHoldMaintained
    Wells FargoMarket PerformMaintained
    Telsey Advisory GroupMarket PerformDowngraded
    Maxim GroupBuyUpgraded
    Wells FargoMarket PerformMaintained
    ArgusBuyUpgraded
    Maxim GroupHoldDowngraded
    Gordon HaskettHoldInitiated
    Wells FargoMarket PerformMaintained
    Maxim GroupBuyMaintained
    Maxim GroupBuyUpgraded
    Bank of AmericaUnderperformMaintained
    Bank of AmericaUnderperformMaintained
    Longbow ResearchNeutralDowngraded
    NomuraNeutralMaintained
    Bank of AmericaUnderperformMaintained
    InstinetNeutralInitiated
    ArgusHoldDowngraded
    Argus ResearchBuyUpgraded
    ArgusBuyUpgraded
    Maxim GroupHoldDowngraded
    Bank of AmericaUnderperformDowngraded
    SunTrust Robinson HumphreyNeutralMaintained
    Longbow ResearchBuyUpgraded
    SunTrust Robinson HumphreyNeutralDowngraded
    Telsey Advisory GroupOutperformUpgraded
    SunTrust Robinson HumphreyBuyUpgraded
    Argus ResearchHoldDowngraded
    ArgusHoldDowngraded
    SunTrust Robinson HumphreyNeutralInitiated
    Miller TabakHoldDowngraded
    WunderlichHoldMaintained
    Argus ResearchBuyUpgraded
    ArgusBuyUpgraded
    Argus ResearchHoldDowngraded
    ArgusHoldDowngraded
    Raymond JamesMarket PerformUpgraded
    Longbow ResearchNeutralInitiated
    Miller TabakBuyUpgraded
    CL KingNeutralDowngraded
    Miller TabakHoldMaintained
    Miller TabakHoldMaintained
    Bank of AmericaNeutralMaintained
    Bank of AmericaNeutralUpgraded
    Miller TabakHoldDowngraded
    Miller TabakBuyMaintained
    Bank of AmericaUnderperformMaintained
    Northcoast ResearchNeutralDowngraded
    KeyBancHoldDowngraded
    KeyBancHoldInitiated
    Argus ResearchHoldDowngraded
    Miller TabakBuyMaintained
    Bank ofericaUnderperformMaintained
    Morgan KeeganOutperformMaintained

    Cracker Barrel Old Country Store Inc (CBRL) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.807
    The average consensus EPS for CBRL is $1.807 with a high estimate of $2.289 and Low of $1.362 for the period 2021-12-31 and based on 8 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $2.25$2.37805862021-12-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$1.80710340000000012022-03-31
    $2.25$2.37805862021-12-31
    $1.51$0.270300000000000042021-09-30
    $0.7$0.81713222021-06-30
    $0.69$0.36212021-03-31
    $-0.85$-1.073552020-12-31
    $-1.81$-2.2427252020-09-30
    $2.7$2.63162020-06-30
    $1.79$2.103242020-03-31
    $2.7$2.53251722019-12-31
    $2.09$2.11989659999999972019-09-30
    $2.52$2.54562422019-06-30
    $1.96$1.94382422019-03-31
    $2.55$2.74088280000000052018-12-31
    $2.03$1.99337580000000012018-09-30
    $2.73$2.36002500000000032018-06-30
    $1.99$1.87682018-03-31
    $2.23$2.21849999999999972017-12-31
    $1.95$1.884452017-09-30
    $2.19$2.1840752017-06-30
    $2.01$1.87534140000000022017-03-31
    $2.12$2.17114139999999982016-12-31
    $1.82$1.84037580000000012016-09-30
    $1.91$1.94528280000000022016-06-30
    $1.7$1.62180000000000012016-03-31
    $1.97$1.894652015-12-31
    $1.49$1.40079662015-09-30
    $1.93$1.64732015-06-30
    $1.42$1.31582015-03-31
    $1.63$1.59265859999999982014-12-31
    $1.23$1.246952014-09-30
    $1.56$1.59265859999999982014-06-30
    $1.22$1.15551722014-03-31
    $1.43$1.37192013-12-31
    $1.02$0.961352013-09-30
    $1.43$1.26992013-06-30
    $1.08$1.0799252013-03-31
    $1.47$1.32162420000000022012-12-31
    $0.86$0.760922012-09-30
    $1.2$1.16619662012-06-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).