Economia

Cracker Barrel Old Country Store, Inc. (CBRL) Coverage Initiated at Nomura

Cracker Barrel Old Country Store, Inc. (CBRL) Coverage Initiated at Nomura

Oregon Public Employees Retirement Fund boosted its position in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) has been given an average rating of "Hold" by the ten analysts that are now covering the firm, MarketBeat.com reports. The firm set a "neutral" rating and a $162.00 price target on the restaurant operator's stock.

Equity analyst Instinet added CBRL to its research portfolio by announcing an initial rating of "Neutral". BidaskClub lowered Cracker Barrel Old Country Store from a "hold" rating to a "sell" rating in a report on Friday, July 28th. Wells Fargo & Company reaffirmed a "market perform" rating and issued a $156.00 price target (down previously from $157.50) on shares of Cracker Barrel Old Country Store in a research report on Thursday, May 25th. Maxim Group reissued a "hold" rating and set a $170.00 price target on shares of Cracker Barrel Old Country Store in a research note on Wednesday, May 17th. Zacks Investment Research raised Cracker Barrel Old Country Store from a "hold" rating to a "buy" rating and set a $181.00 target price for the company in a research note on Wednesday, July 12th. Nomura began coverage on Cracker Barrel Old Country Store in a research note on Wednesday, July 12th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. The average 1 year price target among brokers that have covered the stock in the last year is $162.75.

In the market the company is trading down by -0.09% since yesterday's close of $151.5. The company has market cap of $3.64 billion. The stock has a 50 day moving average price of $161.96 and a 200-day moving average price of $161.31. Cracker Barrel Old Country Store has a 52 week low of $130.15 and a 52 week high of $175.04. Ameritas Investment Ptnrs has invested 0.08% in Cracker Barrel Old Country Store, Inc. The restaurant operator reported $1.95 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.85 by $0.10. The format of its stores consists of a rustic old country-store design offering a restaurant menu that features home-style country food and a range of decorative and functional items, such as rocking chairs, holiday and seasonal gifts and toys, apparel, cookware and foods. The business had revenue of $700.40 million during the quarter, compared to the consensus estimate of $713.06 million. During the same period in the previous year, the company posted $1.82 earnings per share. On average, equities research analysts predict that Cracker Barrel Old Country Store will post $8.33 EPS for the current fiscal year. The Alabama-based Leavell Inv Mngmt Inc has invested 0.15% in Cracker Barrel Old Country Store, Inc. If you are reading this piece on another site, it was stolen and republished in violation of US and global copyright & trademark laws.

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The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 4th. Investors of record on Friday, July 14th were issued a $1.20 dividend. The dividend yield was $3.17. The ex-dividend date was Wednesday, July 12th. GW&K Investment Management LLC raised its position in Cracker Barrel Old Country Store by 4.4% in the first quarter. Cracker Barrel Old Country Store's dividend payout ratio is presently 58.04%.

Several other institutional investors have also recently modified their holdings of the company.

Janney Montgomery Scott LLC reduced its position in Cracker Barrel Old Country Store, Inc. Vanguard Group Inc. raised its position in Cracker Barrel Old Country Store by 15.3% in the first quarter. Finally, Navellier & Associates Inc raised its stake in Cracker Barrel Old Country Store by 4.9% in the first quarter. Capstone Asset Management Co. now owns 2,481 shares of the restaurant operator's stock valued at $395,000 after buying an additional 503 shares during the last quarter. Oregon Public Employees Retirement Fund's holdings in Cracker Barrel Old Country Store were worth $1,455,000 as of its most recent SEC filing. Finally, Quadrature Capital Ltd raised its position in Cracker Barrel Old Country Store by 23.1% in the fourth quarter. Capstone Asset Management Co. now owns 2,511 shares of the restaurant operator's stock worth $420,000 after buying an additional 30 shares during the period. Institutional investors own 88.85% of the company's stock. The original version of this news story can be viewed at https://baseballnewssource.com/markets/cracker-barrel-old-country-store-nasdaqcbrl-receives-daily-news-impact-score-of-0-17/1441984.html.