The Cheesecake Factory Incorporated [CAKE] is -19.48% lower this YTD. Is it still time to buy?

The Cheesecake Factory Incorporated [NASDAQ: CAKE] closed the trading session at $31.29 on 09/02/20. The day’s price range saw the stock hit a low of $30.65, while the highest price level was $31.73. The company report on September 1, 2020 that The Cheesecake Factory Doubles Food Donations to Local Nonprofits Through Its Nourish Program.

Utilizing Copia’s on demand food donation platform, the Company has donated more than 400,000 pounds of food to-date in 2020.

Continuing its longstanding commitment to hunger relief, The Cheesecake Factory® (NASDAQ:CAKE) has introduced its Nourish Program exclusively utilizing Copia’s “zero food waste” technology platform to distribute food to those in need in the local community. The Nourish Program replaces the Company’s previous food rescue program and has enabled The Cheesecake Factory restaurants to donate more than 400,000 pounds of food so far this year – twice the amount donated this time last year.

The stocks have a year to date performance of -19.48 percent and weekly performance of 15.50 percent. The stock has been moved at -0.73 percent over the last six months. The stock has performed 31.53 percent around the most recent 30 days and changed 19.34 percent over the most recent 3-months.

If compared to the average trading volume of 2.99M shares, CAKE reached to a volume of 1323838 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about The Cheesecake Factory Incorporated [CAKE]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CAKE shares is $25.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CAKE stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA Securities have made an estimate for The Cheesecake Factory Incorporated shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on August 03, 2020. While these analysts kept the previous recommendation, Credit Suisse raised their target price to Neutral. The new note on the price target was released on July 09, 2020, representing the official price target for The Cheesecake Factory Incorporated stock. Previously, the target price had yet another drop from $32 to $27, while Gordon Haskett kept a Hold rating on CAKE stock.

The Average True Range (ATR) for The Cheesecake Factory Incorporated is set at 1.37, with the Price to Sales ratio for CAKE stock in the period of the last 12 months amounting to 0.60. The Price to Book ratio for the last quarter was 3.90, with the Price to Cash per share for the same quarter was set at 5.96.

CAKE stock trade performance evaluation

The Cheesecake Factory Incorporated [CAKE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 15.50. With this latest performance, CAKE shares gained by 31.53% in over the last four-week period, additionally sinking by -0.73% over the last 6 months – not to mention a drop of -19.27% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CAKE stock in for the last two-week period is set at 72.25, with the RSI for the last a single of trading hit 74.78, and the three-weeks RSI is set at 66.72 for The Cheesecake Factory Incorporated [CAKE]. The present Moving Average for the last 50 days of trading for this stock 24.65, while it was recorded at 30.16 for the last single week of trading, and 28.90 for the last 200 days.

The Cheesecake Factory Incorporated [CAKE]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and The Cheesecake Factory Incorporated [CAKE] shares currently have an operating margin of +5.72 and a Gross Margin at +12.17. The Cheesecake Factory Incorporated’s Net Margin is presently recorded at +5.13.

Return on Total Capital for CAKE is now 9.88, given the latest momentum, and Return on Invested Capital for the company is 9.27. Return on Equity for this stock inclined to 22.28, with Return on Assets sitting at 6.13. When it comes to the capital structure of this company, The Cheesecake Factory Incorporated [CAKE] has a Total Debt to Total Equity ratio set at 281.24. Additionally, CAKE Total Debt to Total Capital is recorded at 73.77, with Total Debt to Total Assets ending up at 56.61. Long-Term Debt to Equity for the company is recorded at 258.84, with the Long-Term Debt to Total Capital now at 67.89.

Reflecting on the efficiency of the workforce at the company, The Cheesecake Factory Incorporated [CAKE] managed to generate an average of $2,752 per employee. Receivables Turnover for the company is 23.96 with a Total Asset Turnover recorded at a value of 1.20.The Cheesecake Factory Incorporated’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 0.90.

Earnings per share (EPS) analysis for The Cheesecake Factory Incorporated [CAKE] stock

With the latest financial reports released by the company, The Cheesecake Factory Incorporated posted 0.59/share EPS, while the average EPS was predicted by analysts to be reported at 0.55/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 7.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CAKE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The Cheesecake Factory Incorporated go to -10.07%.

The Cheesecake Factory Incorporated [CAKE]: Insider Ownership positions

There are presently around $1,427 million, in the hands of institutional investors. The top three institutional holders of CAKE stocks are: BLACKROCK INC. with ownership of 7,171,195, which is approximately 45.871% of the company’s market cap and around 0.30% of the total institutional ownership; VANGUARD GROUP INC, holding 4,285,721 shares of the stock with an approximate value of $134.1 million in CAKE stocks shares; and KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC, currently with $110.82 million in CAKE stock with ownership of nearly 14.309% of the company’s market capitalization.

Positions in The Cheesecake Factory Incorporated stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 134 institutional holders increased their position in The Cheesecake Factory Incorporated [NASDAQ:CAKE] by around 12,827,006 shares. Additionally, 125 investors decreased positions by around 8,883,709 shares, while 30 investors held positions by with 23,888,736 shares. The mentioned changes placed institutional holdings at 45,599,451 shares, according to the latest SEC report filing. CAKE stock had 49 new institutional investments in for a total of 3,878,955 shares, while 61 institutional investors sold positions of 3,294,230 shares during the same period.

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