The 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 February 28, 2018, it operated 214 company-owned restaurants, including 199 restaurants under The Cheesecake Factory brand; 13 restaurants under the Grand Lux Cafe brand; and 2 restaurants under the RockSugar Southeast Asian Kitchen brand, as well as 20 The Cheesecake Factory branded restaurants under licensing agreements internationally. The company was founded in 1972 and is headquartered in Calabasas, California.
Industry, Sector and Symbol
Industry Eating places
Sub-IndustryRestaurants
SectorRetail/Wholesale
SymbolNASDAQ:CAKE
CUSIP16307210
Phone818-871-3000
Debt
Debt-to-Equity Ratio0.05
Current Ratio0.48
Quick Ratio0.36
Price-To-Earnings
Trailing P/E Ratio22.18
Forward P/E Ratio21.52
P/E Growth1.5
Sales & Book Value
Annual Sales$2.26 billion
Price / Sales1.17
Cash Flow$4.7504 per share
Price / Cash12.14
Book Value$13.40 per share
Price / Book4.30
Profitability
EPS (Most Recent Fiscal Year)$2.60
Net Income$157.39 million
Net Margins6.49%
Return on Equity19.01%
Return on Assets8.90%
Miscellaneous
Employees39,100
Outstanding Shares45,710,000
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 Wednesday, April 25th. Stockholders of record on Thursday, May 10th will be given a dividend of $0.29 per share on Tuesday, May 22nd. This represents a $1.16 annualized dividend and a dividend yield of 2.01%. The ex-dividend date of this dividend is Wednesday, May 9th. View Cheesecake Factory's Dividend History.
How were Cheesecake Factory's earnings last quarter?
Cheesecake Factory Inc (NASDAQ:CAKE) released its earnings results on Wednesday, April, 25th. The restaurant operator reported $0.56 EPS for the quarter, missing the consensus estimate of $0.68 by $0.12. The restaurant operator had revenue of $590.69 million for the quarter, compared to analysts' expectations of $583.76 million. Cheesecake Factory had a net margin of 6.49% and a return on equity of 19.01%. The company's revenue for the quarter was up 4.8% on a year-over-year basis. During the same period last year, the business earned $0.72 earnings per share. View Cheesecake Factory's Earnings History.
When is Cheesecake Factory's next earnings date?
What guidance has Cheesecake Factory issued on next quarter's earnings?
Cheesecake Factory issued an update on its second quarter earnings guidance on Wednesday, April, 25th. The company provided earnings per share guidance of $0.78-0.82 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.81.
What price target have analysts set for CAKE?
16 equities research analysts have issued 12 month target prices for Cheesecake Factory's stock. Their forecasts range from $40.00 to $60.00. On average, they expect Cheesecake Factory's share price to reach $49.90 in the next twelve months. 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. 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)
- 2. According to Zacks Investment Research, "Cheesecake Factory’s shares have outperformed the industry over the past three months. Earnings estimates for 2018 has also gone up over the past 60 days, reflecting analysts’ optimism. The company’s differentiated menu, operational distinction and unique ambiance appeal to customers. Further, the company’s aggressive expansion initiatives also bode well and should drive growth. However, a lowered fiscal 2017 outlook due to prevailing challenging restaurant environment calls for caution. Moving ahead, higher labor and pre-openings costs coupled with expenses related to sales initiatives are likely to continue to hurt margins. In addition, underperformance by Grand Lux Cafe raises caution." (2/7/2018)
Who are some of Cheesecake Factory's key competitors?
Some companies that are related to Cheesecake Factory include Aramark (ARMK), Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Jack in the Box (JACK), Main Street Capital (MAIN), Brinker International (EAT), Dave & Buster's Entertainment (PLAY), Bloomin' Brands (BLMN), Papa John's Int'l (PZZA), Arcos Dorados (ARCO), Wingstop (WING), MITCHELLS &BUTLERS (MBPFF), Dine Brands Global (DIN), Sonic Drive-In (SONC) and BJ's Restaurants (BJRI).
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. Max Sander Byfuglin, Pres of the Cheesecake Factory Bakery Incorporated (Age 72)
- Mr. Matthew Eliot Clark, Exec. VP & CFO
- Ms. Cheryl M. Slomann, Chief Accounting Officer, Sr. VP & Corp. Controller (Age 52)
Has Cheesecake Factory been receiving favorable news coverage?
Headlines about CAKE stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cheesecake Factory earned a daily sentiment score of 0.16 on Accern's scale. They also assigned news articles about the restaurant operator an impact score of 46.75 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are Cheesecake Factory's major shareholders?
Cheesecake Factory's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.46%), Kayne Anderson Rudnick Investment Management LLC (5.89%), Dimensional Fund Advisors LP (2.89%), Disciplined Growth Investors Inc. MN (2.16%), Neuberger Berman Group LLC (2.00%) and Wells Fargo & Company MN (1.94%). 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 institutional investors are selling Cheesecake Factory stock?
CAKE stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Neuberger Berman Group LLC, Landscape Capital Management L.L.C., Kovitz Investment Group Partners LLC, UBS Group AG, BNP Paribas Arbitrage SA, Heartland Advisors Inc. and Royal Bank of Canada. 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 institutional investors are buying Cheesecake Factory stock?
CAKE stock was purchased by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Interval Partners LP, Ceredex Value Advisors LLC, Kayne Anderson Rudnick Investment Management LLC, Russell Investments Group Ltd., Nicola Wealth Management LTD., New Amsterdam Partners LLC NY and Carillon Tower Advisers 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 $57.67.
How big of a company is Cheesecake Factory?
Cheesecake Factory has a market capitalization of $2.64 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 (CAKE)
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.
