In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Cheesecake Factory Inc. (NASDAQ: CAKE) was $34.88 for the day, down -1.19% from the previous closing price of $35.30. In other words, the price has decreased by -$1.19 from its previous closing price. On the day, 1.08 million shares were traded. CAKE stock price reached its highest trading level at $35.3 during the session, while it also had its lowest trading level at $34.77.
Ratios:
Our analysis of CAKE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 31.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.60. For the most recent quarter (mrq), Quick Ratio is recorded 0.37 and its Current Ratio is at 0.46. In the meantime, Its Debt-to-Equity ratio is 5.85 whereas as Long-Term Debt/Eq ratio is at 5.42.
On January 23, 2024, JP Morgan Downgraded its rating to Underweight which previously was Neutral but kept the price unchanged to $33.
Wedbush Upgraded its Neutral to Outperform on December 21, 2023, whereas the target price for the stock was revised from $34 to $40.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CAKE now has a Market Capitalization of 1777917312 and an Enterprise Value of 3333070080. As of this moment, Cheesecake’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.93, and their Forward P/E ratio for the next fiscal year is 10.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 5.55. Its current Enterprise Value per Revenue stands at 0.969 whereas that against EBITDA is 13.702.
Stock Price History:
Over the past 52 weeks, CAKE has reached a high of $38.19, while it has fallen to a 52-week low of $28.58. The 50-Day Moving Average of the stock is -1.02%, while the 200-Day Moving Average is calculated to be 4.36%.
Shares Statistics:
CAKE traded an average of 822.75K shares per day over the past three months and 778170 shares per day over the past ten days. A total of 50.65M shares are outstanding, with a floating share count of 46.95M. Insiders hold about 7.90% of the company’s shares, while institutions hold 87.43% stake in the company. Shares short for CAKE as of 1713139200 were 7041384 with a Short Ratio of 8.56, compared to 1710460800 on 6668366. Therefore, it implies a Short% of Shares Outstanding of 7041384 and a Short% of Float of 20.349999999999998.
Dividends & Splits
With its trailing 12-month dividend rate of 1.08, CAKE has a forward annual dividend rate of 1.08. Against a Trailing Annual Dividend Yield of 0.030594902The stock’s 5-year Average Dividend Yield is 2.55.
