At the time of writing, Cheesecake Factory Inc [CAKE] stock is trading at $51.53, up 1.14%. An important factor to consider is whether the stock is rising or falling in short-term value. The CAKE shares have gain 5.23% over the last week, with a monthly amount glided 6.18%, 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 January 07, 2025, when Oppenheimer upgraded its rating to a Outperform but kept the price target unchanged to $65 for it. Previously, Goldman started tracking the stock with Buy rating on December 05, 2024, and set its price target to $56. On May 15, 2024, Stephens reiterated its Overweight rating and revised its price target to $50 on the stock. Citigroup upgraded its rating to a Buy and increased its price target to $47 on May 10, 2024. Raymond James upgraded its rating to a Outperform but $42 remained the price target by the analyst firm on May 09, 2024. In a note dated January 23, 2024, JP Morgan downgraded an Underweight rating on this stock but restated the target price of $33.
For the past year, the stock price of Cheesecake Factory Inc fluctuated between $33.05 and $52.90. 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 $51.53 at the most recent close of the market. An investor can expect a potential drop of -4.27% based on the average CAKE price forecast.
Analyzing the CAKE fundamentals
According to Cheesecake Factory Inc [NASDAQ:CAKE], the company’s sales were 3.54B for trailing twelve months, which represents an 4.25% jump. 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 of4.76.
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 50.65 points at the first support level, and at 49.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 52.03, and for the 2nd resistance point, it is at 52.52.
Ratios To Look Out For
It is important to note that Cheesecake Factory Inc [NASDAQ:CAKE] has a current ratio of 0.44. On the other hand, the Quick Ratio is 0.33, and the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 0.74, the price to book ratio is 6.62 and price to earnings (TTM) ratio is 19.59.
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.
