Market Insight: Cheesecake Factory Inc. (CAKE)’s Notable Drop, Closing at 39.17

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In the latest session, Cheesecake Factory Inc. (NASDAQ: CAKE) closed at $39.17 down -1.01% from its previous closing price of $39.57. In other words, the price has decreased by -$1.01 from its previous closing price. On the day, 1.33 million shares were traded. CAKE stock price reached its highest trading level at $39.59 during the session, while it also had its lowest trading level at $38.475.

Ratios:

For a deeper understanding of Cheesecake Factory Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 49.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.50. For the most recent quarter (mrq), Quick Ratio is recorded 0.32 and its Current Ratio is at 0.43. In the meantime, Its Debt-to-Equity ratio is 5.03 whereas as Long-Term Debt/Eq ratio is at 4.63.

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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 2012491776 and an Enterprise Value of 3556797440. As of this moment, Cheesecake’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.43, and their Forward P/E ratio for the next fiscal year is 10.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 5.33. Its current Enterprise Value per Revenue stands at 1.016 whereas that against EBITDA is 13.505.

Stock Price History:

Over the past 52 weeks, CAKE has reached a high of $42.82, while it has fallen to a 52-week low of $28.67. The 50-Day Moving Average of the stock is 1.78%, while the 200-Day Moving Average is calculated to be 6.38%.

Shares Statistics:

For the past three months, CAKE has traded an average of 962.06K shares per day and 888300 over the past ten days. A total of 50.65M shares are outstanding, with a floating share count of 47.06M. Insiders hold about 7.50% of the company’s shares, while institutions hold 92.97% stake in the company. Shares short for CAKE as of 1727654400 were 5590703 with a Short Ratio of 5.81, compared to 1724976000 on 5606135. Therefore, it implies a Short% of Shares Outstanding of 5590703 and a Short% of Float of 16.209999.

Dividends & Splits

According to the company, the forward annual dividend rate for CAKE is 1.08, from 1.08 in the trailing year. Against a Trailing Annual Dividend Yield of 0.027293405The stock’s 5-year Average Dividend Yield is 2.55.

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