The Analyst Landscape: 6 Takes On Cracker Barrel Old
Portfolio Pulse from Benzinga Insights
In the past three months, 6 analysts have shared diverse evaluations of Cracker Barrel Old (NASDAQ:CBRL), with sentiments ranging from indifferent to bearish. The average 12-month price target for CBRL has been adjusted to $70.17, marking a 2.99% decrease. Analyst actions include both lowering and raising price targets, reflecting changes in market conditions and company performance. Cracker Barrel operates full-service restaurants in the U.S., with significant revenue from its retail segment. Financially, the company shows strong performance with a notable net margin of 2.84% and ROE of 5.75%, despite a lower than average revenue growth rate of 0.16% in the Consumer Discretionary sector.
April 17, 2024 | 3:00 pm
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NEUTRAL IMPACT
Cracker Barrel's stock may see short-term impact due to mixed analyst ratings and a slight decrease in the average price target. However, strong financial indicators such as high net margin and ROE could counterbalance negative perceptions.
The mixed analyst ratings and decreased price target suggest uncertainty, which could lead to short-term volatility in CBRL's stock price. However, the company's strong financial performance, particularly in terms of net margin and ROE, indicates underlying strength that may mitigate negative impacts and provide a stabilizing effect on the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100