Equities analysts expect Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) to post earnings per share (EPS) of $2.43 for the current quarter, Zacks reports. Two analysts have made estimates for Cracker Barrel Old Country Store’s earnings. The lowest EPS estimate is $2.38 and the highest is $2.51. Cracker Barrel Old Country Store posted earnings per share of $2.73 in the same quarter last year, which would indicate a negative year over year growth rate of 11%. The firm is scheduled to announce its next earnings report on Tuesday, February 19th.

On average, analysts expect that Cracker Barrel Old Country Store will report full-year earnings of $8.98 per share for the current year, with EPS estimates ranging from $8.95 to $9.05. For the next fiscal year, analysts forecast that the company will report earnings of $9.30 per share, with EPS estimates ranging from $9.17 to $9.49. Zacks’ earnings per share averages are an average based on a survey of research analysts that follow Cracker Barrel Old Country Store.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last announced its earnings results on Tuesday, November 27th. The restaurant operator reported $1.96 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.91 by $0.05. The company had revenue of $733.50 million for the quarter, compared to analyst estimates of $720.94 million. Cracker Barrel Old Country Store had a return on equity of 35.18% and a net margin of 8.14%. The firm’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.92 earnings per share.

A number of equities analysts have recently weighed in on the company. BidaskClub lowered Cracker Barrel Old Country Store from a “hold” rating to a “sell” rating in a research note on Thursday, August 30th. Zacks Investment Research raised Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a research report on Friday, August 17th. SunTrust Banks increased their price target on Cracker Barrel Old Country Store to $134.00 and gave the stock a “hold” rating in a research report on Wednesday, September 19th. ValuEngine raised Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a research report on Tuesday, October 9th. Finally, Telsey Advisory Group reduced their price target on Cracker Barrel Old Country Store from $165.00 to $155.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 19th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Cracker Barrel Old Country Store has an average rating of “Hold” and an average price target of $167.59.

In other Cracker Barrel Old Country Store news, major shareholder Sardar Biglari sold 243,718 shares of the firm’s stock in a transaction on Monday, December 3rd. The stock was sold at an average price of $182.26, for a total value of $44,420,042.68. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Laura A. Daily sold 2,740 shares of the firm’s stock in a transaction on Thursday, September 27th. The shares were 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 directly owns 11,392 shares in the company, valued at approximately $1,658,675.20. The disclosure for this sale can be found here. Insiders have sold 423,899 shares of company stock worth $76,993,830 in the last three months. 0.88% of the stock is currently owned by company insiders.

Hedge funds have recently modified their holdings of the business. Fifth Third Bancorp boosted its holdings in shares of Cracker Barrel Old Country Store by 128.0% in the 3rd quarter. Fifth Third Bancorp now owns 684 shares of the restaurant operator’s stock valued at $101,000 after purchasing an additional 384 shares in the last quarter. FMR LLC acquired a new stake in shares of Cracker Barrel Old Country Store during the 3rd quarter valued at $144,000. Stratos Wealth Partners LTD. acquired a new stake in shares of Cracker Barrel Old Country Store during the 3rd quarter valued at $169,000. Wellington Shields Capital Management LLC acquired a new stake in shares of Cracker Barrel Old Country Store during the 3rd quarter valued at $209,000. Finally, Itau Unibanco Holding S.A. acquired a new stake in shares of Cracker Barrel Old Country Store during the 2nd quarter valued at $230,000. 87.84% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NASDAQ CBRL traded down $4.32 during trading hours on Friday, reaching $171.14. 22,459 shares of the stock were exchanged, compared to its average volume of 450,745. The firm has a market cap of $4.27 billion, a P/E ratio of 19.32, a price-to-earnings-growth ratio of 1.98 and a beta of 0.40. The company has a current ratio of 0.87, a quick ratio of 0.38 and a debt-to-equity ratio of 0.67. Cracker Barrel Old Country Store has a 52 week low of $141.63 and a 52 week high of $185.00.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 5th. Investors of record on Friday, January 18th will be given a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 2.92%. The ex-dividend date is Thursday, January 17th. Cracker Barrel Old Country Store’s dividend payout ratio is currently 56.37%.

Cracker Barrel Old Country Store Company Profile

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.

Featured Story: Asset Allocation Models, Which is Right For You?

Get a free copy of the Zacks research report on Cracker Barrel Old Country Store (CBRL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Cracker Barrel Old Country Store (NASDAQ:CBRL)

Receive News & Ratings for Cracker Barrel Old Country Store Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cracker Barrel Old Country Store and related companies with MarketBeat.com's FREE daily email newsletter.