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Cheesecake Factory Inc (NASDAQ: CAKE) closed the day trading at $47.99 down -2.00% from the previous closing price of $48.97. In other words, the price has decreased by -$2.00 from its previous closing price. On the day, 1.38 million shares were traded. CAKE stock price reached its highest trading level at $49.36 during the session, while it also had its lowest trading level at $47.88.
Ratios:
For a better understanding of CAKE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 46.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.98. For the most recent quarter (mrq), Quick Ratio is recorded 0.33 and its Current Ratio is at 0.44. In the meantime, Its Debt-to-Equity ratio is 4.76 whereas as Long-Term Debt/Eq ratio is at 4.41.
On December 05, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $56.
Stephens reiterated its Overweight rating for the stock on May 15, 2024, while the target price for the stock was revised from $44 to $50.
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 Nov 08 ’24 when OVERTON DAVID sold 269,520 shares for $46.65 per share. The transaction valued at 12,573,890 led to the insider holds 2,964,594 shares of the business.
OVERTON DAVID bought 269,520 shares of CAKE for $12,546,156 on Nov 08 ’24. On Nov 06 ’24, another insider, Carango Keith, who serves as the PRESIDENT (SUBSIDIARY) of the company, sold 13,095 shares for $49.88 each. As a result, the insider received 653,237 and left with 14,977 shares of the company.
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 2449395200 and an Enterprise Value of 3940581632. As of this moment, Cheesecake’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.24, and their Forward P/E ratio for the next fiscal year is 13.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 6.17. Its current Enterprise Value per Revenue stands at 1.114 whereas that against EBITDA is 14.247.
Stock Price History:
The Beta on a monthly basis for CAKE is 1.50, which has changed by 0.46758413 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, CAKE has reached a high of $52.10, while it has fallen to a 52-week low of $31.24. The 50-Day Moving Average of the stock is -1.34%, while the 200-Day Moving Average is calculated to be 17.48%.
Shares Statistics:
Over the past 3-months, CAKE traded about 1.20M shares per day on average, while over the past 10 days, CAKE traded about 1401500 shares per day. A total of 50.94M shares are outstanding, with a floating share count of 47.24M. Insiders hold about 7.45% of the company’s shares, while institutions hold 94.30% stake in the company. Shares short for CAKE as of 1735603200 were 6154023 with a Short Ratio of 5.14, compared to 1732838400 on 5408465. Therefore, it implies a Short% of Shares Outstanding of 6154023 and a Short% of Float of 17.75.
Dividends & Splits
CAKE’s forward annual dividend rate is 1.08, up from 1.08 a year ago. Against a Trailing Annual Dividend Yield of 0.02205432The stock’s 5-year Average Dividend Yield is 2.55. The current Payout Ratio is 52.27% for CAKE, which recently paid a dividend on 2024-11-13 with an ex-dividend date of 1731456000. Stock splits for the company last occurred on 2004-12-09 when the company split stock in a 3:2 ratio.
