Research Analysts Set Expectations for CAKE FY2025 Earnings

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

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

Several other research analysts have also recently commented on CAKE. Robert W. Baird raised their target price on Cheesecake Factory from $52.00 to $57.00 and gave the stock a “neutral” rating in a research report on Thursday, February 20th. Wells Fargo & Company raised their price objective on shares of Cheesecake Factory from $45.00 to $52.00 and gave the stock an “equal weight” rating in a report on Thursday, February 20th. Citigroup reissued a “buy” rating on shares of Cheesecake Factory in a research note on Tuesday, February 4th. Oppenheimer upgraded shares of Cheesecake Factory from a “market perform” rating to an “outperform” rating and set a $65.00 price target for the company in a research note on Tuesday, January 7th. Finally, Jefferies Financial Group upped their price objective on Cheesecake Factory from $49.00 to $58.00 and gave the company a “buy” rating in a research note on Monday, December 16th. 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 data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $52.19.

Cheesecake Factory Price Performance

Shares of CAKE stock opened at $55.07 on Monday. Cheesecake Factory has a 12 month low of $33.05 and a 12 month high of $57.32. The company has a market capitalization of $2.81 billion, a P/E ratio of 17.21, a P/E/G ratio of 1.31 and a beta of 1.51. The stock has a 50 day moving average of $51.23 and a two-hundred day moving average of $45.74. The company has a current ratio of 0.44, a quick ratio of 0.33 and a debt-to-equity ratio of 1.19.

Cheesecake Factory Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Shareholders of record on Wednesday, March 5th will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.96%. The ex-dividend date is Wednesday, March 5th. Cheesecake Factory’s payout ratio is presently 33.75%.

Hedge Funds Weigh In On Cheesecake Factory

Large investors have recently modified their holdings of the stock. Lido Advisors LLC raised 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 worth $513,000 after purchasing an additional 215 shares during the last quarter. Summit Investment Advisors Inc. raised its position in shares of Cheesecake Factory by 4.7% during the fourth quarter. Summit Investment Advisors Inc. now owns 5,051 shares of the restaurant operator’s stock worth $240,000 after acquiring an additional 228 shares during the last quarter. Truist Financial Corp lifted its stake in shares of Cheesecake Factory by 3.3% during the fourth quarter. Truist Financial Corp now owns 8,045 shares of the restaurant operator’s stock valued at $382,000 after acquiring an additional 257 shares during the period. Blair William & Co. IL boosted its holdings in Cheesecake Factory by 5.2% in the fourth quarter. Blair William & Co. IL now owns 5,772 shares of the restaurant operator’s stock valued at $274,000 after acquiring an additional 283 shares during the last quarter. Finally, Versant Capital Management Inc increased 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 worth $29,000 after purchasing an additional 320 shares during the period. 94.48% of the stock is currently owned by institutional investors and hedge funds.

About Cheesecake Factory

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.