A share price of Cheesecake Factory Inc [CAKE] is currently trading at $50.78, up 4.14%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CAKE shares have gain 1.34% over the last week, with a monthly amount glided 9.09%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cheesecake Factory Inc [NASDAQ: CAKE] stock has seen the most recent analyst activity on December 05, 2024, when Goldman initiated its Buy rating and assigned the stock a price target of $56. Previously, Stephens reaffirmed its Overweight rating on May 15, 2024, and elevated its price target to $50. On May 10, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $47 on the stock. Raymond James upgraded its rating to a Outperform but stick to its price target of $42 on May 09, 2024. JP Morgan downgraded its rating to Underweight for this stock on January 23, 2024, but kept the price target unchanged to $33. In a note dated December 21, 2023, Wedbush upgraded an Outperform rating on this stock and boosted its target price from $34 to $40.
Cheesecake Factory Inc experienced fluctuations in its stock price throughout the past year between $31.24 and $52.10. Currently, Wall Street analysts expect the stock to reach $49.33 within the next 12 months. Cheesecake Factory Inc [NASDAQ: CAKE] shares were valued at $50.78 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 3.54B which represents 4.25% growth. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.36 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.54.
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 48.97 points at the first support level, and at 47.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 51.89, and for the 2nd resistance point, it is at 52.99.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Cheesecake Factory Inc [NASDAQ:CAKE] is 0.44. As well, the Quick Ratio is 0.33, while the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 0.73, the price to book ratio is 6.53 and price to earnings (TTM) ratio is 19.30.
Transactions by insiders
Recent insider trading involved OVERTON DAVID, CHAIRMAN AND C.E.O., that happened on Nov 08 ’24 when 0.27 million shares were sold. Officer, OVERTON DAVID completed a deal on Nov 08 ’24 to buy 0.27 million shares. Meanwhile, PRESIDENT (SUBSIDIARY) Carango Keith sold 13095.0 shares on Nov 06 ’24.
