Cheesecake Factory Inc. (CAKE)’s Day in Review: Closing at 37.27, Down by -1.48

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After finishing at $37.83 in the prior trading day, Cheesecake Factory Inc. (NASDAQ: CAKE) closed at $37.27, down -1.48%. In other words, the price has decreased by -$1.48 from its previous closing price. On the day, 0.57 million shares were traded. CAKE stock price reached its highest trading level at $38.01 during the session, while it also had its lowest trading level at $37.22.

Ratios:

Our goal is to gain a better understanding of CAKE by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 31.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.37. For the most recent quarter (mrq), Quick Ratio is recorded 0.33 and its Current Ratio is at 0.43. In the meantime, Its Debt-to-Equity ratio is 5.60 whereas as Long-Term Debt/Eq ratio is at 5.16.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Stephens on May 15, 2024, Reiterated its Overweight rating but revised its target price to $50 from $44 previously.

On May 10, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $38 to $47.

Raymond James Upgraded its Mkt Perform to Outperform on May 09, 2024, while the target price for the stock was maintained at $42.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 14 ’24 when Carango Keith sold 3,785 shares for $40.10 per share. The transaction valued at 151,761 led to the insider holds 28,072 shares of the business.

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 1896671744 and an Enterprise Value of 3433046784. As of this moment, Cheesecake’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.11, and their Forward P/E ratio for the next fiscal year is 10.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.55 while its Price-to-Book (P/B) ratio in mrq is 5.71. Its current Enterprise Value per Revenue stands at 0.991 whereas that against EBITDA is 13.722.

Stock Price History:

Over the past 52 weeks, CAKE has reached a high of $41.25, while it has fallen to a 52-week low of $28.58. The 50-Day Moving Average of the stock is -1.43%, while the 200-Day Moving Average is calculated to be 8.54%.

Shares Statistics:

The stock has traded on average 1.02M shares per day over the past 3-months and 779920 shares per day over the last 10 days, according to various share statistics. A total of 50.65M shares are outstanding, with a floating share count of 47.11M. Insiders hold about 7.55% of the company’s shares, while institutions hold 86.29% stake in the company. Shares short for CAKE as of 1718323200 were 6663790 with a Short Ratio of 6.52, compared to 1715731200 on 6930913. Therefore, it implies a Short% of Shares Outstanding of 6663790 and a Short% of Float of 19.27.

Dividends & Splits

In the trailing 12 months, CAKE’s forward annual dividend rate was 1.08, compared to 1.08 this year. Against a Trailing Annual Dividend Yield of 0.02854877The stock’s 5-year Average Dividend Yield is 2.55.

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