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NASDAQ:CAKE

Cheesecake Factory - CAKE Stock Forecast, Price & News

$30.98
+1.59 (+5.41%)
(As of 08/8/2022 05:42 PM ET)
Add
Compare
Today's Range
$29.76
$31.44
50-Day Range
$26.42
$34.51
52-Week Range
$26.05
$51.19
Volume
1.18 million shs
Average Volume
1.02 million shs
Market Capitalization
$1.62 billion
P/E Ratio
19.01
Dividend Yield
3.67%
Price Target
$43.31

Cheesecake Factory MarketRank™ Forecast

Analyst Rating
Hold
2.31 Rating Score
Upside/​Downside
39.7% Upside
$43.31 Price Target
Short Interest
Healthy
14.65% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.44
Upright™ Environmental Score
News Sentiment
-0.37mentions of Cheesecake Factory in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
39.91%
From $2.13 to $2.98 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.07 out of 5 stars

Retail/Wholesale Sector

14th out of 261 stocks

Eating Places Industry

4th out of 53 stocks

CAKE stock logo

About Cheesecake Factory (NASDAQ:CAKE) Stock

The Cheesecake Factory Incorporated operates restaurants. It operates two bakeries that produces cheesecakes and other baked products for its restaurants, international licensees, third-party bakery customers, external foodservice operators, retailers, and distributors. The company owns and operates 306 restaurants throughout the United States and Canada under brands, including 208 The Cheesecake Factory and 29 North Italia; and a collection of Fox Restaurant Concepts, as well as 29 The Cheesecake Factory restaurants under licensing agreements internationally. The Cheesecake Factory Incorporated was founded in 1972 and is headquartered in Calabasas, California.

Cheesecake Factory Stock Performance

CAKE opened at $29.39 on Monday. The business has a fifty day simple moving average of $28.90 and a 200 day simple moving average of $34.13. The company has a market capitalization of $1.53 billion, a PE ratio of 18.03, a price-to-earnings-growth ratio of 1.62 and a beta of 1.45. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.63 and a quick ratio of 0.54. Cheesecake Factory has a 1 year low of $26.05 and a 1 year high of $51.19.

Cheesecake Factory (NASDAQ:CAKE - Get Rating) last released its earnings results on Wednesday, July 27th. The restaurant operator reported $0.52 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.27). Cheesecake Factory had a return on equity of 31.69% and a net margin of 2.65%. The business had revenue of $832.60 million for the quarter, compared to analyst estimates of $836.64 million. During the same period in the prior year, the business earned $0.80 EPS. The company's revenue for the quarter was up 8.3% on a year-over-year basis. Research analysts expect that Cheesecake Factory will post 2.13 EPS for the current year.

Cheesecake Factory Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 23rd. Stockholders of record on Wednesday, August 10th will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.67%. The ex-dividend date of this dividend is Tuesday, August 9th. Cheesecake Factory's dividend payout ratio (DPR) is presently 66.26%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Citigroup increased their price objective on Cheesecake Factory from $39.00 to $40.00 in a report on Thursday, July 28th. Morgan Stanley dropped their target price on shares of Cheesecake Factory from $37.00 to $26.00 and set an "underweight" rating for the company in a research report on Monday, July 18th. Piper Sandler dropped their target price on shares of Cheesecake Factory from $38.00 to $30.00 and set a "neutral" rating on the stock in a report on Monday, July 11th. UBS Group cut their target price on shares of Cheesecake Factory from $42.00 to $30.00 and set a "neutral" rating on the stock in a research report on Tuesday, July 26th. Finally, Barclays reduced their price objective on shares of Cheesecake Factory from $32.00 to $28.00 and set an "underweight" rating for the company in a report on Thursday, July 28th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $43.31.

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CAKE Stock News Headlines

3 Small Caps With Big Return Potential
In a year in which the risk-on trade has been muted, U.S. small cap stocks are holding up relatively well. In fact, the historically more volatile asset class is down approximately 13% year-to-date compared to 15% for U.S. large caps
Cheesecake Factory (NASDAQ:CAKE) Price Target Cut to $28.00
10 Analysts Have This to Say About Cheesecake Factory
Cheesecake Factory (CAKE) to Release Earnings on Wednesday
See More Headlines
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CAKE Company Calendar

Ex-Dividend for 5/24 Dividend
5/10/2022
Dividend Payable
5/24/2022
Last Earnings
7/27/2022
Today
8/08/2022
Ex-Dividend for 8/23 Dividend
8/09/2022
Dividend Payable
8/23/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Eating places
Sub-Industry
Restaurants
Current Symbol
NASDAQ:CAKE
CUSIP
16307210
Employees
45,800
Year Founded
1978

Price Target and Rating

Average Stock Price Forecast
$43.31
High Stock Price Forecast
$62.00
Low Stock Price Forecast
$26.00
Forecasted Upside/Downside
+39.8%
Consensus Rating
Hold
Rating Score (0-4)
2.31
Research Coverage
13 Analysts

Profitability

Net Income
$72.37 million
Pretax Margin
2.62%

Debt

Sales & Book Value

Annual Sales
$2.93 billion
Cash Flow
$4.09 per share
Book Value
$6.33 per share

Miscellaneous

Free Float
47,945,000
Market Cap
$1.62 billion
Optionable
Optionable
Beta
1.45

Social Links















CAKE Stock - Frequently Asked Questions

Should I buy or sell Cheesecake Factory stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cheesecake Factory in the last year. There are currently 2 sell ratings, 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CAKE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CAKE, but not buy additional shares or sell existing shares.
View CAKE analyst ratings
or view top-rated stocks.

What is Cheesecake Factory's stock price forecast for 2022?

13 Wall Street analysts have issued 12 month price objectives for Cheesecake Factory's shares. Their CAKE stock forecasts range from $26.00 to $62.00. On average, they predict the company's stock price to reach $43.31 in the next year. This suggests a possible upside of 40.2% from the stock's current price.
View analysts price targets for CAKE
or view top-rated stocks among Wall Street analysts.

How has Cheesecake Factory's stock price performed in 2022?

Cheesecake Factory's stock was trading at $39.15 at the beginning of 2022. Since then, CAKE stock has decreased by 21.1% and is now trading at $30.90.
View the best growth stocks for 2022 here
.

When is Cheesecake Factory's next earnings date?

Cheesecake Factory is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our CAKE earnings forecast
.

How were Cheesecake Factory's earnings last quarter?

The Cheesecake Factory Incorporated (NASDAQ:CAKE) posted its earnings results on Wednesday, July, 27th. The restaurant operator reported $0.52 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.79 by $0.27. The restaurant operator had revenue of $832.60 million for the quarter, compared to analyst estimates of $836.64 million. Cheesecake Factory had a net margin of 2.65% and a trailing twelve-month return on equity of 31.69%. Cheesecake Factory's revenue for the quarter was up 8.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.80 EPS.

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

Cheesecake Factory announced a quarterly dividend on Wednesday, July 27th. Stockholders of record on Wednesday, August 10th will be given a dividend of $0.27 per share on Tuesday, August 23rd. This represents a $1.08 annualized dividend and a yield of 3.50%. The ex-dividend date of this dividend is Tuesday, August 9th.
Read our dividend analysis for CAKE
.

Is Cheesecake Factory a good dividend stock?

Cheesecake Factory (NASDAQ:CAKE) pays an annual dividend of $1.08 per share and currently has a dividend yield of 3.67%. The dividend payout ratio is 66.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CAKE will have a dividend payout ratio of 36.24% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CAKE.

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

Cheesecake Factory updated its third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $785.00 million-$805.00 million, compared to the consensus revenue estimate of $815.84 million.

What is David Overton's approval rating as Cheesecake Factory's CEO?

1,241 employees have rated Cheesecake Factory Chief Executive Officer David Overton on Glassdoor.com. David Overton has an approval rating of 80% among the company's employees.

What other stocks do shareholders of Cheesecake Factory own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cheesecake Factory investors own include Carnival Co. & (CCL), Wolverine World Wide (WWW), Walgreens Boots Alliance (WBA), Wendy's (WEN), Xerox (XRX), General Electric (GE), Intel (INTC), Bank of America (BAC), Marriott International (MAR) and Delta Air Lines (DAL).

What is Cheesecake Factory's stock symbol?

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

Who are Cheesecake Factory's major shareholders?

Cheesecake Factory's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Frontier Capital Management Co. LLC (4.15%), Chartwell Investment Partners LLC (0.42%), Gagnon Securities LLC (0.40%), Scout Investments Inc. (0.35%), Allspring Global Investments Holdings LLC (0.31%) and New York State Teachers Retirement System (0.15%). Insiders that own company stock include Alexander L Cappello, Cheryl Slomann, David Bruce Pittaway, David M Gordon, Edie A Ames, Laurence B Mindel and Matthew Eliot Clark.
View institutional ownership trends
.

How do I buy shares of Cheesecake Factory?

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

What is Cheesecake Factory's stock price today?

One share of CAKE stock can currently be purchased for approximately $30.90.

How much money does Cheesecake Factory make?

Cheesecake Factory (NASDAQ:CAKE) has a market capitalization of $1.61 billion and generates $2.93 billion in revenue each year. The restaurant operator earns $72.37 million in net income (profit) each year or $1.63 on an earnings per share basis.

How many employees does Cheesecake Factory have?

Cheesecake Factory employs 45,800 workers across the globe.

Does Cheesecake Factory have any subsidiaries?

The following companies are subsidiares of Cheesecake Factory: BirdChili Asian Kitchen Incorporated, C.F.I. Promotions CA Co. LLC, CCF Asia IP Corporation, CCF Asia Operating Corporation, CCF China Operating Corporation, CCF Latin America Corporation, CCF Latin America IP Corporation, CCF Mexico LLC, Cheesecake Factory Restaurants of Kansas LLC, Cherry Hill One LLC, Fox Restaurant Concepts LLC, Grand Lux Cafe LLC, Hawaii Cheesecake Factory Restaurants Inc., Middle East IP Corporation, Middle East T.C.F. Corporation, North Restaurants LLC, Rock Sugar Incorporated, TCF California Holding Company, TCF Canada Inc., TCF Co. LLC, The Cheesecake Factory Bakery Incorporated, The Cheesecake Factory Restaurants Inc., The Cheesecake Factory of Howard County LLC, and The Houston Cheesecake Factory Corporation.
Read More

When was Cheesecake Factory founded?

Cheesecake Factory was founded in 1978.

How can I contact Cheesecake Factory?

Cheesecake Factory's mailing address is 26901 MALIBU HILLS RD, CALABASAS HILLS CA, 91301. The official website for the company is www.thecheesecakefactory.com. The restaurant operator can be reached via phone at (818) 871-3000, via email at investorrelations@thecheesecakefactory.com, or via fax at 818-871-3001.

This page (NASDAQ:CAKE) was last updated on 8/8/2022 by MarketBeat.com Staff

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