Cheesecake Factory Inc [NASDAQ: CAKE] closed the trading session at $53.65.
The stocks have a year to date performance of 13.09 percent and weekly performance of -1.18 percent. The stock has been moved at 32.11 percent over the last six months. The stock has performed 3.51 percent around the most recent 30 days and changed 15.77 percent over the most recent 3-months.
If compared to the average trading volume of 1.30M shares, CAKE reached to a volume of 8181915 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 Cheesecake Factory Inc [CAKE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CAKE shares is $57.00 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 2.50. 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.
Oppenheimer have made an estimate for Cheesecake Factory Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 07, 2025. While these analysts kept the previous recommendation, Goldman raised their target price to Buy. The new note on the price target was released on December 05, 2024, representing the official price target for Cheesecake Factory Inc stock. Previously, the target price had yet another raise from $44 to $50, while Stephens kept a Overweight rating on CAKE stock. On May 10, 2024, analysts increased their price target for CAKE shares from 38 to 47.
The Average True Range (ATR) for Cheesecake Factory Inc is set at 1.93, with the Price to Sales ratio for CAKE stock in the period of the last 12 months amounting to 0.77. The Price to Book ratio for the last quarter was 6.21, with the Price to Cash per share for the same quarter was set at 1.63. Price to Free Cash Flow for CAKE in the course of the last twelve months was 25.66 with Quick ratio for the last quarter at 0.38.
CAKE stock trade performance evaluation
Cheesecake Factory Inc [CAKE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.18. With this latest performance, CAKE shares gained by 3.51% in over the last four-week period, additionally plugging by 32.11% over the last 6 months – not to mention a rise of 49.65% 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 51.61, with the RSI for the last a single of trading hit 48.19, and the three-weeks RSI is set at 53.50 for Cheesecake Factory Inc [CAKE]. The present Moving Average for the last 50 days of trading for this stock 51.47, while it was recorded at 54.55 for the last single week of trading, and 43.43 for the last 200 days.
Cheesecake Factory Inc [CAKE]: An insightful look at the core fundamentals
Cheesecake Factory Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.38 and a Current Ratio set at 0.47.
Earnings per share (EPS) analysis for Cheesecake Factory Inc [CAKE] stock
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 Cheesecake Factory Inc go to 11.09%.
Cheesecake Factory Inc [CAKE]: Institutional Ownership
The top three institutional holders of CAKE stocks are: BLACKROCK INC. with ownership of 7.26 million shares, which is approximately 15.215%. VANGUARD GROUP INC, holding 5.41 million shares of the stock with an approximate value of $$212.45 million in CAKE stocks shares; and VANGUARD GROUP INC, currently with $$111.24 million in CAKE stock with ownership which is approximately 5.9356%.
