Cracker Barrel Old Country Store (NASDAQ: CBRL) stock suffered a major decline of -14.5% on 5/17/24. The shares closed at $48.98. Moreover, trading volume in this decline was exceptionally high at 651% of normal. The stock has been weak relative to the market over the last nine months and has declined -8.9% during the last week.
Current PriceTarget Research Rating
CBRL’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Cracker Barrel Old Country Store has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Cracker Barrel Old Country Store has a neutral Appreciation Score of 47 but a poor Power Rating of 18, producing the Negative Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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