NASDAQ:CAKE - Cheesecake Factory Stock Price, News, & Analysis

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$51.32 +0.97 (+1.93 %)
(As of 08/19/2018 09:41 AM ET)
Previous Close$51.32
Today's Range$50.16 - $51.48
52-Week Range$38.34 - $60.19
Volume678,358 shs
Average Volume1.03 million shs
Market Capitalization$2.26 billion
P/E Ratio19.74
Dividend Yield2.61%
Beta0.3
Cheesecake Factory logoThe Cheesecake Factory Incorporated operates restaurants in the United States. The company produces cheesecakes and other baked products for own restaurants and international licensees, as well as external foodservice operators, retailers, and distributors. As of August 7, 2018, it operated 214 company-owned restaurants, including 198 restaurants under The Cheesecake Factory brand; 14 restaurants under the Grand Lux Cafe brand; and 2 restaurants under the RockSugar Southeast Asian Kitchen brand, as well as 21 The Cheesecake Factory branded restaurants under licensing agreements internationally. The company was founded in 1972 and is headquartered in Calabasas, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Eating places
Sub-IndustryRestaurants
SectorRetail/Wholesale
SymbolNASDAQ:CAKE
CUSIP16307210
Phone818-871-3000

Debt

Debt-to-Equity Ratio0.03
Current Ratio0.48
Quick Ratio0.38

Price-To-Earnings

Trailing P/E Ratio19.74
Forward P/E Ratio21.12
P/E Growth1.41

Sales & Book Value

Annual Sales$2.26 billion
Price / Sales1.04
Cash Flow$4.9585 per share
Price / Cash10.35
Book Value$13.40 per share
Price / Book3.83

Profitability

EPS (Most Recent Fiscal Year)$2.60
Net Income$157.39 million
Net Margins6.00%
Return on Equity17.87%
Return on Assets8.26%

Miscellaneous

Employees39,100
Outstanding Shares45,830,000
Market Cap$2.26 billion

Cheesecake Factory (NASDAQ:CAKE) Frequently Asked Questions

What is Cheesecake Factory's stock symbol?

Cheesecake Factory trades on the NASDAQ under the ticker symbol "CAKE."

How often does Cheesecake Factory pay dividends? What is the dividend yield for Cheesecake Factory?

Cheesecake Factory announced a quarterly dividend on Tuesday, July 31st. Investors of record on Wednesday, August 15th will be given a dividend of $0.33 per share on Tuesday, August 28th. This represents a $1.32 annualized dividend and a dividend yield of 2.57%. The ex-dividend date of this dividend is Tuesday, August 14th. This is a boost from Cheesecake Factory's previous quarterly dividend of $0.29. View Cheesecake Factory's Dividend History.

How were Cheesecake Factory's earnings last quarter?

Cheesecake Factory Inc (NASDAQ:CAKE) issued its earnings results on Tuesday, July, 31st. The restaurant operator reported $0.65 EPS for the quarter, missing analysts' consensus estimates of $0.81 by $0.16. The restaurant operator had revenue of $593.20 million for the quarter, compared to analysts' expectations of $592.40 million. Cheesecake Factory had a return on equity of 17.87% and a net margin of 6.00%. The company's quarterly revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.78 EPS. View Cheesecake Factory's Earnings History.

When is Cheesecake Factory's next earnings date?

Cheesecake Factory is scheduled to release their next quarterly earnings announcement on Wednesday, November, 7th 2018. View Earnings Estimates for Cheesecake Factory.

What guidance has Cheesecake Factory issued on next quarter's earnings?

Cheesecake Factory updated its third quarter earnings guidance on Tuesday, July, 31st. The company provided earnings per share guidance of $0.56-0.60 for the period, compared to the Thomson Reuters consensus estimate of $0.64. Cheesecake Factory also updated its FY18 guidance to $2.40-2.48 EPS.

What price target have analysts set for CAKE?

14 brokerages have issued 1-year price targets for Cheesecake Factory's stock. Their forecasts range from $40.00 to $58.00. On average, they expect Cheesecake Factory's share price to reach $51.6429 in the next year. This suggests a possible upside of 0.6% from the stock's current price. View Analyst Price Targets for Cheesecake Factory.

What is the consensus analysts' recommendation for Cheesecake Factory?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cheesecake Factory in the last year. There are currently 13 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cheesecake Factory.

What are Wall Street analysts saying about Cheesecake Factory stock?

Here are some recent quotes from research analysts about Cheesecake Factory stock:
  • 1. According to Zacks Investment Research, "Shares of Cheesecake Factory have underperformed the industry in the past three months. The company missed second-quarter 2018 earnings estimates, putting further doubt on its growth potential. Adjusted earnings of 65 cents per share declined 16.7% on a year-over-year basis. Particularly, higher-than-expected medical insurance cost along with some legal expenses dented the company’s earnings in the second quarter. As it is, the company’s profits are under pressure from higher labor and pre-openings costs along with expenses related to sales initiatives. Earnings estimates for 2018 have also declined marginally over the past 30 days. Nevertheless, various initiatives to boost sales like menu innovation, roll out of an improved server training program, launch of mobile payment app and focus on delivery bode well." (8/3/2018)
  • 2. Maxim Group analysts commented, "We downgrade shares of The Cheesecake Factory (CAKE) to the share price reached our $60 price target yesterday. CAKE’s comp growth is accelerating, and we see renewed margin expansion, buybacks, and potentially an acquisition contributing to at least low-teen EPS growth, but we now believe these positives have been priced into shares. Our EPS estimates are unchanged at $0.83 for 2Q18 (vs. $0.81 consensus), $2.77 for 2018 (vs. $2.69 consensus), and $3.16 for 2019 (vs. $2.91 consensus). CAKE shares have risen 25% year-to-date vs. the industry average of a 1% drop year-to-date, and now trade at 19x forward P/E, inline with the five-year average." (6/22/2018)

Who are some of Cheesecake Factory's key competitors?

Who are Cheesecake Factory's key executives?

Cheesecake Factory's management team includes the folowing people:
  • Mr. David M. Overton, Chairman & CEO (Age 72)
  • Mr. David M. Gordon, Pres (Age 53)
  • Mr. Matthew Eliot Clark, Exec. VP & CFO
  • Ms. Cheryl M. Slomann, Chief Accounting Officer, Sr. VP & Corp. Controller (Age 52)
  • Ms. Scarlett A. May, Exec. VP, Gen. Counsel & Sec. (Age 52)

Has Cheesecake Factory been receiving favorable news coverage?

Media headlines about CAKE stock have trended somewhat positive recently, Accern reports. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cheesecake Factory earned a media and rumor sentiment score of 0.16 on Accern's scale. They also assigned headlines about the restaurant operator an impact score of 46.12 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Cheesecake Factory.

Who are Cheesecake Factory's major shareholders?

Cheesecake Factory's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.30%), Bank of New York Mellon Corp (3.87%), Macquarie Group Ltd. (3.76%), Dimensional Fund Advisors LP (2.87%), Schroder Investment Management Group (2.70%) and Disciplined Growth Investors Inc. MN (2.14%). Company insiders that own Cheesecake Factory stock include Alexander L Cappello, Cheryl Slomann, David Bruce Pittaway, David Overton, Debby R Zurzolo, Doug Benn, Edie A Ames, Herbert Simon and Jerome I Kransdorf. View Institutional Ownership Trends for Cheesecake Factory.

Which major investors are selling Cheesecake Factory stock?

CAKE stock was sold by a variety of institutional investors in the last quarter, including Epoch Investment Partners Inc., Becker Capital Management Inc., Intrepid Capital Management Inc., Heartland Advisors Inc., Wells Fargo & Company MN, Gamco Investors INC. ET AL, TD Asset Management Inc. and Bridgewater Associates LP. Company insiders that have sold Cheesecake Factory company stock in the last year include Cheryl Slomann, David Overton and Debby R Zurzolo. View Insider Buying and Selling for Cheesecake Factory.

Which major investors are buying Cheesecake Factory stock?

CAKE stock was acquired by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, BlackRock Inc., Marshall Wace LLP, Voya Investment Management LLC, Phocas Financial Corp., Macquarie Group Ltd., Millennium Management LLC and Schwab Charles Investment Management Inc.. Company insiders that have bought Cheesecake Factory stock in the last two years include Alexander L Cappello, David Bruce Pittaway, Edie A Ames and Herbert Simon. View Insider Buying and Selling for Cheesecake Factory.

How do I buy shares of Cheesecake Factory?

Shares of CAKE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Cheesecake Factory's stock price today?

One share of CAKE stock can currently be purchased for approximately $51.32.

How big of a company is Cheesecake Factory?

Cheesecake Factory has a market capitalization of $2.26 billion and generates $2.26 billion in revenue each year. The restaurant operator earns $157.39 million in net income (profit) each year or $2.60 on an earnings per share basis. Cheesecake Factory employs 39,100 workers across the globe.

How can I contact Cheesecake Factory?

Cheesecake Factory's mailing address is 26901 MALIBU HILLS RD, CALABASAS HILLS CA, 91301. The restaurant operator can be reached via phone at 818-871-3000 or via email at [email protected]


MarketBeat Community Rating for Cheesecake Factory (NASDAQ CAKE)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  328 (Vote Outperform)
Underperform Votes:  597 (Vote Underperform)
Total Votes:  925
MarketBeat's community ratings are surveys of what our community members think about Cheesecake Factory and other stocks. Vote "Outperform" if you believe CAKE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CAKE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/19/2018 by MarketBeat.com Staff

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