Cracker Barrel Old Country Store (NASDAQ: CBRL) has reported a loss for its third fiscal quarter (ending April 30) of $-0.41 versus $0.63 for the same period a year ago. For the latest four quarters through April 30, E.P.S. were $2.72 compared to $4.25 a year ago.
Recent Price Action
Cracker Barrel Old Country Store (NASDAQ: CBRL) stock closed at $48.12 on 5/30/24 after a very large increase of 6.1%. Moreover, unusually high trading volume at 168% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 2.6% 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). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Cracker Barrel Old Country Store has a neutral Appreciation Score of 48 but a poor Power Rating of 16, triggering the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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