Cheesecake Factory’s (CAKE) “Outperform” Rating Reiterated at William Blair

William Blair restated their outperform rating on shares of Cheesecake Factory (NASDAQ:CAKE) in a research report released on Thursday,RTT News reports. William Blair also issued estimates for Cheesecake Factory’s Q1 2025 earnings at $0.83 EPS, Q2 2025 earnings at $1.04 EPS, Q3 2025 earnings at $0.56 EPS and Q4 2025 earnings at $1.24 EPS.

A number of other analysts have also recently commented on the stock. Morgan Stanley upped their price target on shares of Cheesecake Factory from $37.00 to $40.00 and gave the company an “underweight” rating in a research report on Thursday. UBS Group upped their price target on shares of Cheesecake Factory from $41.00 to $45.00 and gave the company a “sell” rating in a research report on Thursday. Wedbush increased their price objective on shares of Cheesecake Factory from $59.00 to $61.00 and gave the stock an “outperform” rating in a research report on Thursday. Piper Sandler increased their price objective on shares of Cheesecake Factory from $47.00 to $51.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, Robert W. Baird increased their price objective on shares of Cheesecake Factory from $52.00 to $57.00 and gave the stock a “neutral” rating in a research report on Thursday. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $52.19.

Cheesecake Factory Stock Performance

Shares of CAKE opened at $54.65 on Thursday. The company has a current ratio of 0.44, a quick ratio of 0.33 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $2.79 billion, a P/E ratio of 17.08, a price-to-earnings-growth ratio of 1.31 and a beta of 1.51. The firm’s fifty day simple moving average is $51.16 and its two-hundred day simple moving average is $45.53. Cheesecake Factory has a 12 month low of $33.05 and a 12 month high of $57.32.

Cheesecake Factory (NASDAQ:CAKE) last issued its quarterly earnings results on Wednesday, February 19th. The restaurant operator reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.13. The business had revenue of $920.96 million for the quarter, compared to analysts’ expectations of $912.67 million. Cheesecake Factory had a net margin of 4.38% and a return on equity of 45.89%. As a group, analysts predict that Cheesecake Factory will post 3.71 EPS for the current year.

Cheesecake Factory Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 18th. Investors of record on Wednesday, March 5th will be given a $0.27 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $1.08 annualized dividend and a yield of 1.98%. Cheesecake Factory’s payout ratio is 33.75%.

Hedge Funds Weigh In On Cheesecake Factory

Several large investors have recently added to or reduced their stakes in the business. Lido Advisors LLC lifted its position in Cheesecake Factory by 2.0% in the 4th quarter. Lido Advisors LLC now owns 10,805 shares of the restaurant operator’s stock valued at $513,000 after acquiring an additional 215 shares in the last quarter. Summit Investment Advisors Inc. lifted its position in shares of Cheesecake Factory by 4.7% during the 4th quarter. Summit Investment Advisors Inc. now owns 5,051 shares of the restaurant operator’s stock worth $240,000 after buying an additional 228 shares in the last quarter. Truist Financial Corp lifted its position in shares of Cheesecake Factory by 3.3% during the 4th quarter. Truist Financial Corp now owns 8,045 shares of the restaurant operator’s stock worth $382,000 after buying an additional 257 shares in the last quarter. Blair William & Co. IL lifted its position in shares of Cheesecake Factory by 5.2% during the 4th quarter. Blair William & Co. IL now owns 5,772 shares of the restaurant operator’s stock worth $274,000 after buying an additional 283 shares in the last quarter. Finally, Versant Capital Management Inc lifted its position in shares of Cheesecake Factory by 108.1% during the 4th quarter. Versant Capital Management Inc now owns 616 shares of the restaurant operator’s stock worth $29,000 after buying an additional 320 shares in the last quarter. Institutional investors own 94.48% of the company’s stock.

Cheesecake Factory Company Profile

The Cheesecake Factory Incorporated operates and licenses restaurants in the United States and Canada. The company operates bakeries that produce cheesecakes and other baked products for its restaurants, international licensees, third-party bakery customers, external foodservice operators, retailers, and distributors.