Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) Sentiment Change Report

January 16, 2018 - By Louis Casey

 Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) Sentiment Change Report

Sentiment for Cracker Barrel Old Country Store Inc (NASDAQ:CBRL)

Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) institutional sentiment decreased to 1.41 in 2017 Q3. Its down -0.11, from 1.52 in 2017Q2. The ratio worsened, as 147 investment managers opened new and increased holdings, while 104 sold and trimmed stakes in Cracker Barrel Old Country Store Inc. The investment managers in our partner’s database now own: 20.40 million shares, up from 19.73 million shares in 2017Q2. Also, the number of investment managers holding Cracker Barrel Old Country Store Inc in their top 10 holdings decreased from 2 to 1 for a decrease of 1. Sold All: 30 Reduced: 74 Increased: 107 New Position: 40.

Cracker Barrel Old Country Store, Inc. develops and operates the Cracker Barrel Old Country Store concept in the United States. The company has market cap of $4.13 billion. The companyÂ’s Cracker Barrel stores consist of a restaurant with a gift shop. It has a 20.8 P/E ratio. The Company’s restaurants serve breakfast, lunch, and dinner.

The stock decreased 1.47% or $2.565 during the last trading session, reaching $172.225. About 433,043 shares traded or 46.42% up from the average. Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) has risen 11.16% since January 16, 2017 and is uptrending. It has underperformed by 5.54% the S&P500.

Analysts await Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) to report earnings on February, 20. They expect $2.20 earnings per share, up 0.46 % or $0.01 from last year’s $2.19 per share. CBRL’s profit will be $52.79M for 19.57 P/E if the $2.20 EPS becomes a reality. After $1.92 actual earnings per share reported by Cracker Barrel Old Country Store, Inc. for the previous quarter, Wall Street now forecasts 14.58 % EPS growth.

Biglari Capital Corp. holds 65.92% of its portfolio in Cracker Barrel Old Country Store, Inc. for 4.74 million shares. Horrell Capital Management Inc. owns 28,070 shares or 2.35% of their US portfolio. Moreover, Jlb & Associates Inc has 1.82% invested in the company for 49,225 shares. The Utah-based Alta Capital Management Llc has invested 1.58% in the stock. Liberty Capital Management Inc., a Michigan-based fund reported 17,639 shares.#img1#

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) Ratings Coverage

Ratings analysis reveals 0 of Cracker Barrel’s analysts are positive. Out of 10 Wall Street analysts rating Cracker Barrel, 0 give it “Buy”, 1 “Sell” rating, while 9 recommend “Hold”. The lowest target is $136.0 while the high is $190. The stock’s average target of $164.22 is -4.65% below today’s ($172.225) share price. CBRL was included in 32 notes of analysts from September 29, 2015. Suntrust Robinson downgraded the shares of CBRL in report on Wednesday, February 24 to “Neutral” rating. The rating was maintained by Maxim Group with “Buy” on Monday, February 22. The firm earned “Hold” rating on Wednesday, July 5 by Maxim Group. The firm has “Buy” rating given on Thursday, September 15 by Maxim Group. SunTrust initiated Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) on Thursday, October 8 with “Neutral” rating. The firm earned “Neutral” rating on Wednesday, November 22 by Longbow. Maxim Group maintained Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) rating on Tuesday, November 15. Maxim Group has “Buy” rating and $170 target. The stock of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) earned “Neutral” rating by SunTrust on Thursday, June 2. The company was maintained on Wednesday, November 25 by Telsey Advisory Group. Argus Research upgraded the stock to “Buy” rating in Thursday, December 1 report.

More notable recent Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) news were published by: Seekingalpha.com which released: “Recent Buy: Cracker Barrel” on November 06, 2017, also Bizjournals.com with their article: “Here’s when Cracker Barrel plans to open its first local restaurant” published on October 23, 2017, Prnewswire.com published: “Cracker Barrel Old Country Store® Serves a Hassle-Free Holiday Through Three …” on November 06, 2017. More interesting news about Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) were released by: Seekingalpha.com and their article: “Cracker Barrel Old Country Store’s (CBRL) CEO Sandra Cochran on Q4 2017 …” published on September 13, 2017 as well as Seekingalpha.com‘s news article titled: “Cracker Barrel Target Upgraded To $183” with publication date: January 03, 2018.

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