5 Cheap Restaurant Stocks to Buy Now

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

Number of Hedge Fund Investors in Q1 2023: 18

Trailing P/E Ratio: 22.23

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) is a gift shop restaurant company in America. It is aiming toward long term revenue growth through its catering division and marketing spending. The shares are however rated Hold on average and the stock has little upside.

Insider Monkey dug through 943 hedge funds for their March quarter of 2023 shareholdings to find out that 18 had held a stake in the company. Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)’s largest shareholder in our database is Paul Marshall and Ian Wace’s Marshall Wace LLP through a $47.9 million stake.

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