Cheesecake Factory Inc (CAKE) saw an uptrend of 0.98% in the recent trading with $60.75 being its most recent. The current price level -12.84% lower than the highest price of $69.70 marked by the stock while trading over the past 52-weeks, whereas it is 42.30% higher than the lowest price of $42.69 the company dropped to over past 52-weeks. The latest news story on CAKE appeared in (Insider Monkey) under the title “Jim Cramer Says Cheesecake Factory Is “Way Too Cheap for a Very High-Quality Still Growth Company””.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 10 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.57 for the stock.
Cheesecake Factory Inc Earnings – What Happened With CAKE
Coming around sales and income figures on CAKE Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Cheesecake Factory Inc (CAKE) last released financial results for the quarter that ended 12/31/2024, posting a surprise factor of 13.63% for net revenue.
CAKE – Cheesecake Factory Inc Stock Earnings Estimates
The perspective of Cheesecake Factory Inc (NASDAQ:CAKE)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.92 for stock’s EPS in the current quarter. Cheesecake Factory Inc (CAKE) last released financial results for the quarter that ended 12/31/2024, posting a surprise factor of 13.63% for net revenue. Company’s EPS for the last quarter was 1.04.
Cheesecake Factory Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 49.82 million. CAKE does have institutional investors; and they hold 113.84% of the stock.
As on 2024-06-30, BLACKROCK INC. was the top most holder in Cheesecake Factory Inc (NASDAQ:CAKE) with an ownership of 7.26 million shares of the company or 15.2299 of the stake worth $285.44 million. The filing also reveals VANGUARD GROUP INC as the second largest holder in the company with a control over 11.3352 of the outstanding shares. Its stake is worth $212.45 million for having 5.41 million shares in hand.
EARNEST PARTNERS LLC also came holding a key position in the company during the recent quarter and it now holds 5.9356 of the outstanding shares. With this there are now 427.0 institutions which have possession in CAKE’s shares.
Key Metrics for CAKE
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Cheesecake Factory Inc has a debt to equity ratio of 5.03.
