Cracker Barrel Old Country Store, Inc. (CBRL)
NASDAQ: CBRL · IEX Real-Time Price · USD
40.66
-0.14 (-0.34%)
At close: Jul 2, 2024, 4:00 PM
41.10
+0.44 (1.08%)
After-hours: Jul 2, 2024, 7:54 PM EDT
Cracker Barrel Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Cracker Barrel stock have an average target of 55.5, with a low estimate of 42 and a high estimate of 75. The average target predicts an increase of 36.50% from the current stock price of 40.66.
Analyst Consensus: Sell
* Price targets were last updated on May 31, 2024.
Analyst Ratings
The average analyst rating for Cracker Barrel stock from 7 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 4 | 4 | 5 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 8 | 8 | 8 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Sell Maintains $48 → $42 | Strong Sell | Maintains | $48 → $42 | +3.30% | May 31, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $51 → $46 | Hold | Maintains | $51 → $46 | +13.13% | May 31, 2024 |
| Loop Capital | Loop Capital | Hold Maintains $72 → $50 | Hold | Maintains | $72 → $50 | +22.97% | May 20, 2024 |
| Citigroup | Citigroup | Strong Sell Maintains $61 → $48 | Strong Sell | Maintains | $61 → $48 | +18.05% | May 17, 2024 |
| CL King | CL King | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | May 17, 2024 |
Financial Forecast
Revenue This Year
3.54B
from 3.44B
Increased by 2.94%
Revenue Next Year
3.53B
from 3.54B
Decreased by -0.54%
EPS This Year
3.89
from 4.45
Decreased by -12.67%
EPS Next Year
3.29
from 3.89
Decreased by -15.35%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.7B | 3.7B | 3.7B |
| Avg | 3.5B | 3.5B | 3.6B |
| Low | 3.4B | 3.3B | 3.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.2% | 3.5% | 5.7% |
| Avg | 2.9% | -0.5% | 2.0% |
| Low | -1.5% | -5.5% | -3.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.10 | 3.78 | 4.73 |
| Avg | 3.89 | 3.29 | 4.33 |
| Low | 3.59 | 2.70 | 3.78 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -8.0% | -2.7% | 43.6% |
| Avg | -12.7% | -15.4% | 31.7% |
| Low | -19.4% | -30.4% | 15.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.