GFS Advisors LLC acquired a new position in shares of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 20,000 shares of the restaurant operator’s stock, valued at approximately $508,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in CBRL. Newbridge Financial Services Group Inc. boosted its position in shares of Cracker Barrel Old Country Store by 16.6% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 2,808 shares of the restaurant operator’s stock worth $71,000 after acquiring an additional 400 shares in the last quarter. Arizona State Retirement System raised its position in Cracker Barrel Old Country Store by 7.2% during the third quarter. Arizona State Retirement System now owns 6,258 shares of the restaurant operator’s stock valued at $276,000 after purchasing an additional 419 shares in the last quarter. Gamco Investors INC. ET AL lifted its stake in Cracker Barrel Old Country Store by 4.3% during the third quarter. Gamco Investors INC. ET AL now owns 12,000 shares of the restaurant operator’s stock worth $529,000 after purchasing an additional 500 shares during the last quarter. Captrust Financial Advisors lifted its stake in Cracker Barrel Old Country Store by 8.4% during the second quarter. Captrust Financial Advisors now owns 6,690 shares of the restaurant operator’s stock worth $409,000 after purchasing an additional 519 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Cracker Barrel Old Country Store by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,138 shares of the restaurant operator’s stock valued at $510,000 after purchasing an additional 546 shares in the last quarter. 96.01% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
CBRL has been the topic of several recent analyst reports. Freedom Capital upgraded Cracker Barrel Old Country Store to a “strong-buy” rating in a research note on Monday, April 6th. Bank of America raised their price objective on Cracker Barrel Old Country Store from $31.00 to $34.00 and gave the company an “underperform” rating in a research note on Friday, June 5th. Citigroup lifted their target price on Cracker Barrel Old Country Store from $24.00 to $28.00 and gave the company a “sell” rating in a research report on Thursday, March 5th. Truist Financial boosted their target price on Cracker Barrel Old Country Store from $45.00 to $47.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Finally, Wall Street Zen cut shares of Cracker Barrel Old Country Store from a “sell” rating to a “strong sell” rating in a report on Sunday, April 19th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $36.00.
Cracker Barrel Old Country Store Stock Up 6.1%
Shares of NASDAQ:CBRL opened at $36.30 on Wednesday. Cracker Barrel Old Country Store, Inc. has a 52-week low of $24.85 and a 52-week high of $71.93. The company has a market capitalization of $811.31 million, a PE ratio of -201.66 and a beta of 1.30. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.18 and a current ratio of 0.49. The company has a fifty day moving average of $30.80 and a 200-day moving average of $29.89.
Cracker Barrel Old Country Store (NASDAQ:CBRL – Get Free Report) last released its quarterly earnings data on Tuesday, June 9th. The restaurant operator reported $0.29 earnings per share for the quarter, beating the consensus estimate of ($0.45) by $0.74. The company had revenue of $797.37 million for the quarter, compared to the consensus estimate of $776.69 million. Cracker Barrel Old Country Store had a positive return on equity of 4.25% and a negative net margin of 0.12%.Cracker Barrel Old Country Store’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same quarter last year, the business posted $0.56 EPS. On average, equities analysts predict that Cracker Barrel Old Country Store, Inc. will post -1.26 EPS for the current fiscal year.
Key Stories Impacting Cracker Barrel Old Country Store
Here are the key news stories impacting Cracker Barrel Old Country Store this week:
- Positive Sentiment: Cracker Barrel posted quarterly EPS of $0.29, handily beating expectations for a loss, which suggests operations were stronger than investors had feared. Cracker Barrel Old Country Store (CBRL) Surpasses Q3 Earnings and Revenue Estimates
- Positive Sentiment: Revenue came in above Wall Street estimates at $797.4 million, reinforcing that demand held up better than expected. Earnings transcript and press release
- Positive Sentiment: The company raised its fiscal 2026 outlook, including higher revenue and adjusted EBITDA guidance, which signals management is more confident about the rest of the year. Cracker Barrel reports third quarter fiscal 2026 results and updates fiscal 2026 outlook
- Neutral Sentiment: News coverage from Zacks and the Wall Street Journal highlighted the surprise profit and improved outlook, but did not add materially new financial details beyond the earnings release. Cracker Barrel Posts Surprise Profit, Lifts Outlook for Year
About Cracker Barrel Old Country Store
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.
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