Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
After finishing at $53.31 in the prior trading day, Cheesecake Factory Inc (NASDAQ: CAKE) closed at $53.01, down -0.56%. In other words, the price has decreased by -$0.56 from its previous closing price. On the day, 1.27 million shares were traded. CAKE stock price reached its highest trading level at $53.6 during the session, while it also had its lowest trading level at $52.44.
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 51.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.64. 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 2705614336 and an Enterprise Value of 4160703488. As of this moment, Cheesecake’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.15, and their Forward P/E ratio for the next fiscal year is 14.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 6.81. Its current Enterprise Value per Revenue stands at 1.176 whereas that against EBITDA is 15.043.
Stock Price History:
The Beta on a monthly basis for CAKE is 1.56, which has changed by 0.55968404 over the last 52 weeks, in comparison to a change of 0.21659255 over the same period for the S&P500. Over the past 52 weeks, CAKE has reached a high of $57.32, while it has fallen to a 52-week low of $33.05. The 50-Day Moving Average of the stock is 4.70%, while the 200-Day Moving Average is calculated to be 25.12%.
Shares Statistics:
The stock has traded on average 1.16M shares per day over the past 3-months and 1217130 shares per day over the last 10 days, according to various share statistics. A total of 50.94M shares are outstanding, with a floating share count of 47.11M. Insiders hold about 7.71% of the company’s shares, while institutions hold 96.06% stake in the company. Shares short for CAKE as of 1736899200 were 6632067 with a Short Ratio of 5.71, compared to 1734048000 on 6118069. Therefore, it implies a Short% of Shares Outstanding of 6632067 and a Short% of Float of 19.129999.
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 0.020258864The 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.
