Cheesecake Factory (CAKE) Stock Price, News & Analysis

Company Overview

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. It operates restaurants under the brands comprising The Cheesecake Factory, North Italia, Flower Child, Fox Restaurant Concepts. The Cheesecake Factory Incorporated was founded in 1972 and is headquartered in Calabasas, California.

Key Stats

• Today's Range: $45.78 to $46.65
• 50-Day Range: $36.70 to $49.40
• 52-Week Range: $30.96 to $50.75
• Volume: 705,220 shs
• Average Volume: 970,577 shs
• Market Capitalization: $2.38 billion
• P/E Ratio: 17.73
• Dividend Yield: 2.32%
• Price Target: $44.75
• Consensus Rating: Hold

Cheesecake Factory Stock Analysis - MarketRank™

Cheesecake Factory scored higher than 83% of companies evaluated by MarketBeat, and ranked 82nd out of 215 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Cheesecake Factory has received a consensus rating of Hold. The company's average rating score is 2.08, and is based on 4 buy ratings, 6 hold ratings, and 3 sell ratings.

Amount of Analyst Coverage

Cheesecake Factory has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 10.61%

Earnings Growth

Earnings for Cheesecake Factory are expected to grow by 10.61% in the coming year, from $3.30 to $3.65 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Cheesecake Factory is 17.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cheesecake Factory is 17.73, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 117.63.

Price to Earnings Growth Ratio

Cheesecake Factory has a PEG Ratio of 1.32. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Cheesecake Factory has a P/B Ratio of 7.45. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

13.15% of the float of Cheesecake Factory has been sold short.

Short Interest Ratio / Days to Cover

Cheesecake Factory has a short interest ratio ("days to cover") of 6.2.

Change versus previous month

Short interest in Cheesecake Factory has recently increased by 5.25%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Cheesecake Factory pays a meaningful dividend of 2.25%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Cheesecake Factory does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Cheesecake Factory is 41.06%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Cheesecake Factory will have a dividend payout ratio of 29.59% next year. This indicates that Cheesecake Factory will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.8 / 5
• Environmental Score: -4.26

Percentage of Shares Shorted

13.15% of the float of Cheesecake Factory has been sold short.

Short Interest Ratio / Days to Cover

Cheesecake Factory has a short interest ratio ("days to cover") of 6.2.

Change versus previous month

Short interest in Cheesecake Factory has recently increased by 5.25%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 0.79

News Sentiment

Cheesecake Factory has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for Cheesecake Factory this week, compared to 9 articles on an average week.

Search Interest

16 people have searched for CAKE on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.

MarketBeat Follows

13 people have added Cheesecake Factory to their MarketBeat watchlist in the last 30 days. This is an increase of 225% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Cheesecake Factory insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $653,179.00 in company stock.

Percentage Held by Insiders

Only 8.10% of the stock of Cheesecake Factory is held by insiders.

Percentage Held by Institutions

94.48% of the stock of Cheesecake Factory is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CAKE Stock Analysis - Frequently Asked Questions

How have CAKE shares performed this year?

Cheesecake Factory's stock was trading at $35.01 at the beginning of the year. Since then, CAKE shares have increased by 33.2% and is now trading at $46.63.
View the best growth stocks for 2024 here.

How were Cheesecake Factory's earnings last quarter?

The Cheesecake Factory Incorporated (NASDAQ:CAKE) issued its earnings results on Tuesday, October, 29th. The restaurant operator reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.47 by $0.11. The business's revenue for the quarter was up 4.3% compared to the same quarter last year.

Does Cheesecake Factory have any subsidiaries?

Cheesecake Factory subsidiaries include these companies: Fox Restaurant Concepts LLC, BirdChili Asian Kitchen Incorporated, CCF Asia IP Corporation, CCF Asia Operating Corporation, CCF China Operating Corporation, CCF Latin America Corporation, CCF Latin America IP Corporation, and more.

Who are Cheesecake Factory's major shareholders?

Cheesecake Factory's top institutional investors include Bamco Inc. NY (3.92%), State Street Corp (3.68%), Geode Capital Management LLC (2.19%) and Charles Schwab Investment Management Inc. (1.17%). Insiders that own company stock include Keith Carango, Edie A Ames, David Bruce Pittaway and Alexander L Cappello.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Cheesecake Factory own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cheesecake Factory investors own include NVIDIA (NVDA), Tesla (TSLA), Meta Platforms (META), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Intel (INTC).

Company Calendar

• Ex-Dividend for 8/27 Dividend: 8/14/2024
• Dividend Payable: 8/27/2024
• Last Earnings: 10/29/2024
• Ex-Dividend for 11/26 Dividend: 11/13/2024
• Today: 11/20/2024
• Dividend Payable: 11/26/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/19/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Eating places
• Sub-Industry: Restaurants
• Current Symbol: NASDAQ:CAKE
• CUSIP: 16307210
• CIK: 887596
• Web: www.thecheesecakefactory.com
• Phone: (818) 871-3000
• Fax: 818-871-3001
• Employees: 47,900
• Year Founded: 1978

Price Target and Rating

• Average Stock Price Target: $44.75
• High Stock Price Target: $59.00
• Low Stock Price Target: $36.00
• Potential Upside/Downside: -4.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.08
• Research Coverage: 13 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.63
• Trailing P/E Ratio: 17.73
• Forward P/E Ratio: 14.13
• P/E Growth: 1.32
• Net Income: $101.35 million
• Net Margins: 3.63%
• Pretax Margin: 3.71%
• Return on Equity: 43.90%
• Return on Assets: 5.43%

Debt

• Debt-to-Equity Ratio: 1.19
• Current Ratio: 0.44
• Quick Ratio: 0.33

Sales & Book Value

• Annual Sales: $3.54 billion
• Price / Sales: 0.67
• Cash Flow: $4.30 per share
• Price / Cash Flow: 10.85
• Book Value: $6.26 per share
• Price / Book: 7.45

Miscellaneous

• Outstanding Shares: 51,040,000
• Free Float: 46,906,000
• Market Cap: $2.38 billion
• Optionable: Optionable
• Beta: 1.47