Alert: New Earnings Report (9/19/24)-Cracker Barrel Old Country Store (NASDAQ: CBRL).

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Cracker Barrel Old Country Store (NASDAQ: CBRL) has reported earnings for its fourth fiscal quarter (ending July 31) of $0.82 versus $1.69 for the same period a year ago — a decline of -51%. Relative to the consensus estimate of $1.10, this was a shortfall of $-0.28. For the latest four quarters through July 31, E.P.S. were $1.84 versus $4.47 for the same period a year ago — a decline of -59%.

Recent Price Action

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Cracker Barrel Old Country Store (NASDAQ: CBRL) stock declined modestly by -1.1% on 9/19/24. The stock closed at $41.11. Moreover, trading volume in this decline was exceptionally high at 244% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 12.7% 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 F (Lowest Rating). 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 54 but a very low Power Rating of 0, with the Lowest Value Trend Rating the result.

Rating Review

In light of this discouraging new earnings information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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