Stock Worth Watching: Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) Sentiment Report

November 30, 2016 - By Ellis Scott   ·   0 Comments

Stock Worth Watching: Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) Sentiment Report

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

Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) institutional sentiment decreased to 0.96 in 2016 Q2. Its down -0.21, from 1.17 in 2016Q1. The ratio worsened, as 146 hedge funds increased and opened new stock positions, while 125 sold and reduced their equity positions in Cracker Barrel Old Country Store Inc. The hedge funds in our partner’s database now own: 20.00 million shares, down from 20.03 million shares in 2016Q1. Also, the number of hedge funds holding Cracker Barrel Old Country Store Inc in their top 10 stock positions increased from 1 to 3 for an increase of 2. Sold All: 27 Reduced: 98 Increased: 99 New Position: 47.

Cracker Barrel Old Country Store, Inc. is engaged in the operation and development of the Cracker Barrel Old Country Store concept . The company has a market cap of $3.95 billion. The Company’s divisions include Restaurant and Retail. It has a 19.89 P/E ratio. As of September 19, 2016, the Company operated 640 Cracker Barrel stores in 43 states.

About 150,580 shares traded hands. Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) has risen 9.96% since April 27, 2016 and is uptrending. It has outperformed by 4.73% the S&P500.

According to Zacks Investment Research, “Cracker Barrel Old Country Store, Inc., formerly CBRL Group, Inc., is principally engaged in the operation and development of the Cracker Barrel Old Country Store restaurant and retail concept. The format of Cracker Barrel stores consists of a rustic, old country-store design with a separate retail area offering a variety of decorative and functional items featuring rocking chairs, holiday and seasonal gifts and toys, apparel, cookware and foods, including various old fashioned candies and jellies.”

Biglari Capital Corp. holds 63.75% of its portfolio in Cracker Barrel Old Country Store, Inc. for 4.74 million shares. Csat Investment Advisory L.P. owns 14,466 shares or 5.21% of their US portfolio. Moreover, Groesbeck Investment Management Corp Nj has 2.81% invested in the company for 22,400 shares. The Arkansas-based Horrell Capital Management Inc. has invested 2.56% in the stock. Jlb & Associates Inc, a Michigan-based fund reported 47,569 shares.#img1#

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

Ratings analysis reveals 14% of Cracker Barrel’s analysts are positive. Out of 7 Wall Street analysts rating Cracker Barrel, 1 give it “Buy”, 1 “Sell” rating, while 5 recommend “Hold”. The lowest target is $142 while the high is $170. The stock’s average target of $164 is 0.90% above today’s ($162.54) share price. CBRL was included in 21 notes of analysts from September 29, 2015. The firm earned “Buy” rating on Thursday, September 15 by Maxim Group. As per Thursday, September 15, the company rating was maintained by Telsey Advisory Group. The company was upgraded on Tuesday, January 26 by Suntrust Robinson. SunTrust upgraded the stock to “Buy” rating in Tuesday, January 26 report. SunTrust initiated Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) on Thursday, October 8 with “Neutral” rating. Telsey Advisory Group maintained Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) rating on Wednesday, November 25. Telsey Advisory Group has “Market Perform” rating and $142 price target. The firm has “Buy” rating given on Monday, February 22 by Maxim Group. The rating was upgraded by Longbow on Thursday, April 7 to “Buy”. The stock has “Market Perform” rating given by Telsey Advisory Group on Friday, October 23. The stock of Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) earned “Buy” rating by Maxim Group on Tuesday, November 15.

CBRL Company Profile

Cracker Barrel Old Country Store, Inc., incorporated on October 16, 1969, is engaged in the operation and development of the Cracker Barrel Old Country Store concept (Cracker Barrel). The Company’s divisions include Restaurant and Retail. As of September 19, 2016, the Company operated 640 Cracker Barrel stores in 43 states. 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 Company’s restaurants offer home-style country cooking featuring of its own recipes. The Company’s restaurants serve breakfast, lunch and dinner. The Company’s breakfast items include juices, eggs, pancakes, fruit and yogurt parfaits, pork and turkey bacon, country ham, sausage, grits, and a range of biscuit specialties, such as gravy and biscuits and country ham and biscuits. The Company’s Lunch and dinner items include country ham, chicken and dumplings, chicken fried chicken, meatloaf, country fried steak, pork chops, fish, steak, roast beef, vegetable plates, a range of salads, sandwiches, soups, fresh side items and specialty items, such as pinto beans and turnip greens.

More notable recent Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) news were published by: Nasdaq.com which released: “Cracker Barrel Old Country Store Reaches Analyst Target Price” on November 23, 2016, also Prnewswire.com with their article: “Cracker Barrel Old Country Store® Introduces New Heat n’ Serve Holiday Family …” published on November 10, 2016, Forbes.com published: “Ex-Dividend Reminder: Cracker Barrel Old Country Store, Foot Locker and Yum …” on July 11, 2016. More interesting news about Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) were released by: Reuters.com and their article: “BRIEF-Cracker Barrel Old Country Store Inc reports Q1 EPS of $2.01” published on November 22, 2016 as well as Prnewswire.com‘s news article titled: “Amy Grant and Cracker Barrel Old Country Store® Bring Home the Holidays with …” with publication date: October 20, 2016.

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By Ellis Scott

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