William Blair Issues Pessimistic Estimate for CAKE Earnings

The Cheesecake Factory Incorporated (NASDAQ:CAKE) – Equities researchers at William Blair decreased their FY2025 EPS estimates for Cheesecake Factory in a report released on Thursday, February 20th. William Blair analyst S. Zackfia now anticipates that the restaurant operator will post earnings of $3.67 per share for the year, down from their prior estimate of $3.70. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for Cheesecake Factory’s current full-year earnings is $3.71 per share.

Other analysts also recently issued reports about the company. StockNews.com downgraded Cheesecake Factory from a “buy” rating to a “hold” rating in a report on Thursday, November 28th. Stephens restated an “overweight” rating and issued a $60.00 price objective on shares of Cheesecake Factory in a report on Thursday. Barclays lifted their price objective on Cheesecake Factory from $46.00 to $50.00 and gave the company an “underweight” rating in a report on Thursday. Wells Fargo & Company boosted their target price on shares of Cheesecake Factory from $45.00 to $52.00 and gave the stock an “equal weight” rating in a report on Thursday. Finally, Oppenheimer upgraded shares of Cheesecake Factory from a “market perform” rating to an “outperform” rating and set a $65.00 target price for the company in a report on Tuesday, January 7th. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $52.19.

Cheesecake Factory Stock Performance

CAKE stock opened at $54.65 on Monday. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.44 and a quick ratio of 0.33. The business has a 50-day moving average price of $51.16 and a 200 day moving average price of $45.61. The company has a market capitalization of $2.79 billion, a P/E ratio of 17.08, a PEG ratio of 1.31 and a beta of 1.51. Cheesecake Factory has a 1-year low of $33.05 and a 1-year high of $57.32.

Cheesecake Factory (NASDAQ:CAKE) last released its quarterly earnings data on Wednesday, February 19th. The restaurant operator reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.13. The firm had revenue of $920.96 million during the quarter, compared to the consensus estimate of $912.67 million. Cheesecake Factory had a return on equity of 45.89% and a net margin of 4.38%.

Cheesecake Factory Announces Dividend

The company also recently announced 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 dividend on an annualized basis and a yield of 1.98%. Cheesecake Factory’s dividend payout ratio is currently 33.75%.

Institutional Investors Weigh In On Cheesecake Factory

Large investors have recently bought and sold shares of the company. Golden State Wealth Management LLC purchased a new stake in Cheesecake Factory in the fourth quarter valued at approximately $25,000. Versant Capital Management Inc boosted its position in Cheesecake Factory by 108.1% in the fourth quarter. Versant Capital Management Inc now owns 616 shares of the restaurant operator’s stock valued at $29,000 after buying an additional 320 shares during the last quarter. SBI Securities Co. Ltd. purchased a new stake in Cheesecake Factory in the fourth quarter valued at approximately $43,000. Venturi Wealth Management LLC boosted its position in Cheesecake Factory by 1,149.5% in the fourth quarter. Venturi Wealth Management LLC now owns 1,312 shares of the restaurant operator’s stock valued at $62,000 after buying an additional 1,207 shares during the last quarter. Finally, KBC Group NV boosted its position in Cheesecake Factory by 46.9% in the fourth quarter. KBC Group NV now owns 2,321 shares of the restaurant operator’s stock valued at $110,000 after buying an additional 741 shares during the last quarter. Hedge funds and other 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.