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The closing price of Cheesecake Factory Inc. (NASDAQ: CAKE) was $33.81 for the day, up 0.99% from the previous closing price of $33.48. In other words, the price has increased by $0.99 from its previous closing price. On the day, 0.56 million shares were traded. CAKE stock price reached its highest trading level at $34.165 during the session, while it also had its lowest trading level at $33.42.
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 30.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.86. 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 1728201600 and an Enterprise Value of 3286151680. As of this moment, Cheesecake’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.41, and their Forward P/E ratio for the next fiscal year is 9.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 5.38. Its current Enterprise Value per Revenue stands at 0.955 whereas that against EBITDA is 13.509.
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 -4.13%, while the 200-Day Moving Average is calculated to be 1.16%.
Shares Statistics:
CAKE traded an average of 828.16K shares per day over the past three months and 820670 shares per day over the past ten days. A total of 50.65M shares are outstanding, with a floating share count of 47.08M. Insiders hold about 7.90% of the company’s shares, while institutions hold 87.16% stake in the company. Shares short for CAKE as of 1711584000 were 6438624 with a Short Ratio of 7.77, compared to 1709164800 on 6523676. Therefore, it implies a Short% of Shares Outstanding of 6438624 and a Short% of Float of 18.91.
Dividends & Splits
With its trailing 12-month dividend rate of 1.08, CAKE has a forward annual dividend rate of 1.08. The stock’s 5-year Average Dividend Yield is 2.55.
Earnings Estimates
The stock of Cheesecake Factory Inc. (CAKE) is currently in the spotlight, with Cadence Bank analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $625.50, with high estimates of $801.02 and low estimates of $33.81.
Analysts are recommending an EPS of between $Consumer Defensive and $Consumer Cyclical for the fiscal current year, implying an average EPS of $Energy.
