Cheesecake Factory (CAKE) to Release Quarterly Earnings on Wednesday

Cheesecake Factory (NASDAQ:CAKE - Get Free Report) is anticipated to announce its Q4 2024 earnings results after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.91 per share and revenue of $912.67 million for the quarter. Cheesecake Factory has set its FY 2025 guidance at EPS.Individual interested in participating in the company's earnings conference call can do so using this link.

Cheesecake Factory (NASDAQ:CAKE - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The restaurant operator reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.13. Cheesecake Factory had a return on equity of 43.90% and a net margin of 3.63%. The business had revenue of $920.96 million during the quarter, compared to the consensus estimate of $912.67 million. On average, analysts expect Cheesecake Factory to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Cheesecake Factory Stock Performance

CAKE traded up $0.68 during trading hours on Thursday, hitting $54.97. The company's stock had a trading volume of 2,630,523 shares, compared to its average volume of 1,418,639. The company has a current ratio of 0.44, a quick ratio of 0.33 and a debt-to-equity ratio of 1.19. Cheesecake Factory has a fifty-two week low of $33.05 and a fifty-two week high of $57.32. The company has a 50-day simple moving average of $50.96 and a 200 day simple moving average of $45.25. The firm has a market capitalization of $2.81 billion, a PE ratio of 20.90, a PEG ratio of 1.34 and a beta of 1.51.

Cheesecake Factory Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 18th. Stockholders of record on Wednesday, March 5th will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date is Wednesday, March 5th. Cheesecake Factory's dividend payout ratio (DPR) is 41.06%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. William Blair reiterated an "outperform" rating on shares of Cheesecake Factory in a research report on Thursday. Raymond James upped their price target on shares of Cheesecake Factory from $51.00 to $56.00 and gave the stock an "outperform" rating in a research note on Monday, December 16th. UBS Group raised their price objective on shares of Cheesecake Factory from $41.00 to $45.00 and gave the company a "sell" rating in a research note on Thursday. Wedbush upped their target price on Cheesecake Factory from $59.00 to $61.00 and gave the stock an "outperform" rating in a research report on Thursday. Finally, Jefferies Financial Group lifted their price target on Cheesecake Factory from $49.00 to $58.00 and gave the company a "buy" rating in a research report on Monday, December 16th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $52.19.

Cheesecake Factory Company Profile

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.