A share price of Cheesecake Factory Inc. [CAKE] is currently trading at $42.60, up 5.11%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CAKE shares have gain 7.04% over the last week, with a monthly amount glided 10.19%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Cheesecake Factory Inc. [NASDAQ: CAKE] stock has seen the most recent analyst activity on May 15, 2024, when Stephens reiterated its Overweight rating and also boosted its price target to $50 from $44. Previously, Citigroup upgraded its rating to Buy on May 10, 2024, and elevated its price target to $47. On May 09, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $42 on the stock. JP Morgan downgraded its rating to a Underweight but $33 remained the price target by the analyst firm on January 23, 2024. Wedbush upgraded its rating to Outperform for this stock on December 21, 2023, and upped its price target to $40. In a note dated October 19, 2023, Deutsche Bank initiated an Hold rating and provided a target price of $32 on this stock.
Cheesecake Factory Inc. experienced fluctuations in its stock price throughout the past year between $28.63 and $41.80. Currently, Wall Street analysts expect the stock to reach $41.38 within the next 12 months. Cheesecake Factory Inc. [NASDAQ: CAKE] shares were valued at $42.60 at the most recent close of the market. An investor can expect a potential drop of -2.86% based on the average CAKE price forecast.
Analyzing the CAKE fundamentals
Trailing Twelve Months sales for Cheesecake Factory Inc. [NASDAQ:CAKE] were 3.50B which represents 4.37% growth. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.35 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.66.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 41.45 points at the first support level, and at 40.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.29, and for the 2nd resistance point, it is at 43.97.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Cheesecake Factory Inc. [NASDAQ:CAKE] is 0.43. Further, the Quick Ratio stands at 0.32, while the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 0.62, the price to book ratio is 5.80 and price to earnings (TTM) ratio is 17.87.
Transactions by insiders
Recent insider trading involved Carango Keith, PRESIDENT (SUBSIDIARY), that happened on May 14 ’24 when 3785.0 shares were sold.
