Cracker Barrel (CBRL) Stock Price

Financial Performance

Cracker Barrel's revenue has shown a positive trend with a growth of 12.3% from the previous quarter and an impressive year over year growth of 16.2%. This indicates that the company is successfully generating sales and expanding its operations. The gross profit also shows a significant increase, which suggests that the company is effectively managing its cost of goods sold. The operating income profit has seen an outstanding surge, indicating efficient operational management. However, the EBITDA ratio is relatively low at 0.07, suggesting there may be room for improvement in earnings before interest, tax, depreciation and amortization.

Stock Price

The current stock price stands at $60 with a recent drop by -6.1%, which might concern some investors. However, it's important to consider that the stock's 200-day moving average is $53.01 indicating that despite recent losses it remains above this long-term trend line which can be seen as a positive sign by many technical analysts. In addition to this, RSI value being close to 60 could suggest neither overbought nor oversold conditions.

Alternative Data Signals

In terms of alternative data signals, web traffic shows a slight decrease but job openings remain steady indicating stability in their hiring process which could be viewed positively by investors looking at long term growth potential of Cracker Barrel . While business outlook among employees seems negative overall (only around 39% have positive outlook), there has been small uptick recently (+2.6% MoM). Social media followers have generally increased across platforms except for Facebook where they saw minor decrease (-0.3%). Growing social media presence could potentially indicate increasing brand recognition and customer engagement.

Conclusion

Despite some recent setbacks in stock price, Cracker Barrel's strong revenue growth and gross profit combined with steady job openings and growing social media presence suggest potential for future growth. However, concerns remain due to the low EBITDA ratio and somewhat negative employee outlook. The analysis thus leans more towards a neutral to slightly bullish stance on Cracker Barrel's stock.

Note: This AI Stock Analysis is based on data as of August 28. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Cracker Barrel (CBRL), currently trading at $52.81, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.