Cracker Barrel (CBRL)

• Market cap: $1.22B
• 1 day: -3.83%
• 5 days: -3.70%
• 1 month: 2.47%
• 3 months: 9.88%
• 6 months: 17.55%
• Year to date: -0.35%
• 1 year: -24.80%
• 5 years: -65.67%
• 10 years: -58.76%
• Sector: Consumer Discretionary
• Industry: Eating Places

About: Cracker Barrel Old Country Store Inc operates hundreds of full-service restaurants throughout the United States. Its restaurants are open for breakfast, lunch, and dinner, with menus that offer home-style country food. Cracker Barrel's biggest input costs are beef, dairy, fruits and vegetables, pork, and poultry. The company purchases its food products from a few different vendors on a cost-plus basis. All restaurants are located in freestanding buildings and include gift shops, which contribute roughly one fourth of total company revenue. Apparel and accessories are the company's biggest revenue generators in the retail segment of the business.

Employees: 77,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

24% more call options, than puts

Call options by funds: $79.1M | Put options by funds: $64M

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

5% less capital invested

Capital invested by funds: $930M [Q2] → $888M (-$42.9M) [Q3]

6% less funds holding

Funds holding: 273 [Q2] → 256 (-17) [Q3]

11.13% less ownership

Funds ownership: 99.34% [Q2] → 88.21% (-11.13%) [Q3]

20% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 55

33% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 98

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $51 7% downside
• Avg. target: $55 0% upside
• High target: $60 10% upside

6 analyst ratings

• positive: 1 17%
• neutral: 4 67%
• negative: 1 17%

Truist Securities Jake Bartlett 46% 1-year accuracy 32 / 70 met price target	7% downside $51	Hold Maintained	16 Jan 2025
Loop Capital Alton Stump 11% 1-year accuracy 2 / 18 met price target	0% upside $55	Hold Maintained	5 Dec 2024
B of A Securities Sara Senatore 37% 1-year accuracy 13 / 35 met price target	3% downside $53	Underperform Maintained	5 Dec 2024
UBS Dennis Geiger 40% 1-year accuracy 8 / 20 met price target	10% upside $60	Neutral Maintained	5 Dec 2024
Piper Sandler Brian Mullan 73% 1-year accuracy 8 / 11 met price target	6% upside $58	Neutral Maintained	5 Dec 2024