Cheesecake Factory (CAKE) to Release Earnings on Wednesday

Cheesecake Factory (NASDAQ:CAKE - Get Free Report) is expected to be announcing its Q1 2025 earnings results after the market closes on Wednesday, April 30th. Analysts expect Cheesecake Factory to post earnings of $0.81 per share and revenue of $927.17 million for the quarter. Cheesecake Factory has set its FY 2025 guidance at EPS.

Cheesecake Factory (NASDAQ:CAKE - Get Free Report) last announced its earnings results on Wednesday, February 19th. The restaurant operator reported $1.04 earnings per share for the quarter, beating analysts' consensus estimates of $0.91 by $0.13. Cheesecake Factory had a net margin of 4.38% and a return on equity of 45.89%. The business had revenue of $920.96 million for the quarter, compared to the consensus estimate of $912.67 million. On average, analysts expect Cheesecake Factory to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Cheesecake Factory Price Performance

CAKE stock traded up $0.43 during midday trading on Monday, reaching $50.58. The company had a trading volume of 329,789 shares, compared to its average volume of 1,194,625. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.44 and a quick ratio of 0.33. The company has a market capitalization of $2.50 billion, a P/E ratio of 15.79, a P/E/G ratio of 1.31 and a beta of 1.24. The firm has a 50-day moving average price of $49.22 and a 200-day moving average price of $48.90. Cheesecake Factory has a 1 year low of $33.44 and a 1 year high of $57.32.

Cheesecake Factory Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Wednesday, March 5th were given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date was Wednesday, March 5th. Cheesecake Factory's payout ratio is presently 33.75%.

Analyst Ratings Changes

Several research analysts recently commented on CAKE shares. Robert W. Baird decreased their target price on shares of Cheesecake Factory from $50.00 to $46.00 and set a "neutral" rating on the stock in a research note on Monday, April 7th. Wedbush upped their price objective on shares of Cheesecake Factory from $59.00 to $61.00 and gave the stock an "outperform" rating in a report on Thursday, February 20th. Citigroup cut their price objective on shares of Cheesecake Factory from $67.00 to $62.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. Oppenheimer raised shares of Cheesecake Factory from a "market perform" rating to an "outperform" rating and set a $65.00 target price for the company in a report on Tuesday, January 7th. Finally, Wells Fargo & Company cut their price target on shares of Cheesecake Factory from $52.00 to $45.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 22nd. Four analysts have rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $52.06.

Insider Buying and Selling at Cheesecake Factory

In related news, CFO Matthew Eliot Clark sold 29,000 shares of the business's stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $53.56, for a total transaction of $1,553,240.00. Following the completion of the transaction, the chief financial officer now directly owns 39,856 shares in the company, valued at approximately $2,134,687.36. The trade was a 42.12 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman David Overton sold 100,000 shares of the stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $53.08, for a total transaction of $5,308,000.00. Following the completion of the sale, the chairman now directly owns 3,092,147 shares of the company's stock, valued at approximately $164,131,162.76. This trade represents a 3.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 8.10% of the stock is owned by corporate insiders.

About Cheesecake Factory

The Cheesecake Factory Incorporated operates and licenses restaurants in the United States and Canada. The company operates bakeries that produce cheesecakes and other baked products for its restaurants, international licensees, third-party bakery customers, external foodservice operators, retailers, and distributors.