Trend Analysis Report: The Cheesecake Factory Incorporated (CAKE)

Leslie Hanson
September 18, 2017

The Cheesecake Factory earned a media sentiment score of 0.23 on Accern's scale.

Other equities research analysts also recently issued reports about the stock.

Burney Co. grew its position in The Cheesecake Factory Incorporated (NASDAQ:CAKE) by 3.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission.

TRADEMARK VIOLATION WARNING: "The Cheesecake Factory Incorporated (NASDAQ:CAKE) Stake Boosted by Burney Co." was first published by Week Herald and is owned by of Week Herald. Victory Capital Management Inc. now owns 3,216 shares of the restaurant operator's stock valued at $162,000 after buying an additional 482 shares during the period. Victory Capital Management Inc. boosted its position in shares of The Cheesecake Factory by 17.6% during the second quarter. Cantab Capital Partners Llp now controls 54,011 shares with a value of $2,717,000,000.

Cg Asset Management Llc, which manages about $310.10M and $268.06 million US Long portfolio, decreased its stake in Ligand Pharmaceuticals Inc (NASDAQ:LGND) by 8,810 shares to 3,055 shares, valued at $310,000 in 2016Q4, according to the filing. As of the end of the quarter Next Financial Group, Inc had disposed of 230 shares trimming its position 20.2%.

A number of analysts recently commented on the company. Finally, Barclays PLC decreased their target price on shares of The Cheesecake Factory from $56.00 to $53.00 and set an equal weight rating for the company in a research note on Wednesday, July 19th. Finally, Robert W. Baird set a $49.00 price target on The Cheesecake Factory and gave the company a "hold" rating in a research note on Thursday, August 3rd.


On July 12, 2017 Instinet starting coverage on CAKE setting a rating of "Outperform". Stephens reissued an "equal weight" rating and set a $48.00 price target (down from $55.00) on shares of The Cheesecake Factory in a research report on Wednesday, August 9th. Nordea Investment Management AB raised its holdings in The Cheesecake Factory by 15.5% in the first quarter. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have issued a buy rating to the company. Currently, the stock has a 1 Year Price Target of $48.93.

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The Cheesecake Factory Incorporated (NASDAQ:CAKE) had its price target lifted by stock analysts at Telsey Advisory Group from $61.00 to $66.00 in a research report issued to clients and investors on Thursday. The company has Beta Value of 0.34 and ATR value of 1.11. Pine River Capital Management Lp who had been investing in Cheesecake Factory Inc/The for a number of months, seems to be less bullish one the $1.92B market cap company. The Cheesecake Factory has a one year low of $38.34 and a one year high of $67.14.

It is trading at $40.75 just below $42.97, the 50 day moving average and well below the 200 day moving average of $54.40. The company had a rise in short interest between July 31, 2017 and August 15, 2017 of 11.22%. The dividend was $0.290 per share for the quarter which is $1.16 annualized. The Cheesecake Factory had a return on equity of 22.92% and a net margin of 6.10%. The Cheesecake Factory's revenue for the quarter was up 2.0% on a year-over-year basis. Parallel Advisors LLC boosted its position in shares of The Cheesecake Factory by 13.5% during the first quarter. In the last earnings report the EPS was $2.86 and is projected to be $2.66 for the current year with 45,926,000 shares now outstanding. The company declared a dividend paid on Tuesday the 29th of August 2017. Stockholders of record on Wednesday, August 16th were issued a dividend of $0.29 per share. This dividend represents a yeild of $2.85 which is the dividend as a percentage of the current share price. After $0.78 actual EPS reported by Cheesecake Factory Inc for the previous quarter, Wall Street now forecasts -21.79% negative EPS growth. The ex-dividend date was Monday the 14th of August 2017. Keybank Association Oh stated it has 0.01% of its portfolio in Cheesecake Factory Inc (NASDAQ:CAKE).

The Cheesecake Factory Incorporated, launched on February 13, 1992, is involved in the restaurant and bakery business.

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