Cheesecake Factory (NASDAQ:CAKE - Get Free Report) issued its quarterly earnings data on Wednesday. The restaurant operator reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.13, Zacks reports. The firm had revenue of $920.96 million for the quarter, compared to analyst estimates of $912.67 million. Cheesecake Factory had a net margin of 4.38% and a return on equity of 45.89%. Cheesecake Factory updated its FY 2025 guidance to EPS.
Cheesecake Factory Stock Down 0.6 %
CAKE traded down $0.32 on Friday, reaching $54.65. The company's stock had a trading volume of 2,232,702 shares, compared to its average volume of 1,442,655. The stock has a 50 day moving average of $51.16 and a two-hundred day moving average of $45.46. The company has a quick ratio of 0.33, a current ratio of 0.44 and a debt-to-equity ratio of 1.19. The company has a market capitalization of $2.79 billion, a price-to-earnings ratio of 17.08, a P/E/G ratio of 1.30 and a beta of 1.51. Cheesecake Factory has a fifty-two week low of $33.05 and a fifty-two week high of $57.32.
Cheesecake Factory Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 18th. Investors of record on Wednesday, March 5th will be issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date is Wednesday, March 5th. Cheesecake Factory's dividend payout ratio (DPR) is 33.75%.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on the stock. William Blair reiterated an "outperform" rating on shares of Cheesecake Factory in a research note on Thursday. Bank of America boosted their price target on shares of Cheesecake Factory from $47.00 to $49.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 30th. Wedbush boosted their price target on shares of Cheesecake Factory from $59.00 to $61.00 and gave the stock an "outperform" rating in a research note on Thursday. Jefferies Financial Group boosted their price target on shares of Cheesecake Factory from $49.00 to $58.00 and gave the stock a "buy" rating in a research note on Monday, December 16th. Finally, StockNews.com lowered shares of Cheesecake Factory from a "buy" rating to a "hold" rating in a research note on Thursday, November 28th. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, Cheesecake Factory presently has a consensus rating of "Hold" and an average target price of $52.19.
Check Out Our Latest Report on Cheesecake Factory
About Cheesecake Factory
(
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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.
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