Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) VP Nicholas V. Flanagan sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, September 24th. The shares were sold at an average price of $145.81, for a total transaction of $874,860.00. Following the completion of the transaction, the vice president now directly owns 18,784 shares in the company, valued at $2,738,895.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of NASDAQ CBRL opened at $145.26 on Thursday. The firm has a market cap of $3.49 billion, a PE ratio of 16.40, a PEG ratio of 2.27 and a beta of 0.59. Cracker Barrel Old Country Store, Inc. has a twelve month low of $141.63 and a twelve month high of $179.12. The company has a current ratio of 0.84, a quick ratio of 0.41 and a debt-to-equity ratio of 0.69.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last announced its quarterly earnings results on Tuesday, September 18th. The restaurant operator reported $2.55 earnings per share for the quarter, missing analysts’ consensus estimates of $2.69 by ($0.14). The firm had revenue of $810.90 million for the quarter, compared to the consensus estimate 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 period in the prior year, the business earned $2.23 earnings per share. equities analysts anticipate that Cracker Barrel Old Country Store, Inc. will post 8.86 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, November 5th. Stockholders of record on Friday, October 19th will be given a dividend of $1.25 per share. The ex-dividend date is Thursday, October 18th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 3.44%. Cracker Barrel Old Country Store’s dividend payout ratio is 56.37%.

Several hedge funds and other institutional investors have recently made changes to their positions in CBRL. United Capital Financial Advisers LLC bought a new position in shares of Cracker Barrel Old Country Store during the first quarter worth $207,000. Itau Unibanco Holding S.A. acquired a new stake in shares of Cracker Barrel Old Country Store during the second quarter worth $230,000. Asset Management One Co. Ltd. acquired a new stake in shares of Cracker Barrel Old Country Store during the first quarter worth $264,000. Truvestments Capital LLC acquired a new stake in shares of Cracker Barrel Old Country Store during the second quarter worth $273,000. Finally, AE Wealth Management LLC raised its holdings in shares of Cracker Barrel Old Country Store by 34.9% during the second quarter. AE Wealth Management LLC now owns 2,000 shares of the restaurant operator’s stock worth $312,000 after acquiring an additional 517 shares during the period. 87.44% of the stock is currently owned by institutional investors.

A number of equities analysts have issued reports on the stock. Zacks Investment Research raised shares of Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a research note on Friday, June 1st. ValuEngine raised shares of Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a research report on Tuesday, September 4th. SunTrust Banks lifted their price target on shares of Cracker Barrel Old Country Store to $134.00 and gave the stock a “hold” rating in a research report on Wednesday, September 19th. BidaskClub cut shares of Cracker Barrel Old Country Store from a “hold” rating to a “sell” rating in a research report on Tuesday, July 17th. Finally, Maxim Group reduced their price target on shares of Cracker Barrel Old Country Store from $187.00 to $175.00 and set a “buy” rating on the stock in a research report on Wednesday, September 19th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $158.00.

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. The company's Cracker Barrel stores consist of a restaurant with a gift shop. Its restaurants serve breakfast, lunch, and dinner. The company's gift shops offer various decorative and functional items, such as rocking chairs, holiday and seasonal gifts, toys, apparels, music CDs, cookware, and various other gift items, as well as candies, preserves, pies, cornbread mixes, coffee, syrups, pancake mixes, and other food items.

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