Cheesecake Factory (NASDAQ:CAKE) Announces Earnings Results

Cheesecake Factory (NASDAQ:CAKE) released its quarterly earnings results on Wednesday. The restaurant operator reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.13, Zacks reports. Cheesecake Factory had a return on equity of 45.89% and a net margin of 4.38%. The firm had revenue of $920.96 million during the quarter, compared to the consensus estimate of $912.67 million. Cheesecake Factory updated its FY 2025 guidance to EPS.

Cheesecake Factory Stock Performance

NASDAQ:CAKE opened at $54.97 on Friday. The stock’s 50-day simple moving average is $51.06 and its 200 day simple moving average is $45.31. The firm has a market capitalization of $2.81 billion, a PE ratio of 17.18, a price-to-earnings-growth ratio of 1.30 and a beta of 1.51. The company has a quick ratio of 0.33, a current ratio of 0.44 and a debt-to-equity ratio of 1.19. Cheesecake Factory has a twelve month low of $33.05 and a twelve month high of $57.32.

Cheesecake Factory Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 18th. Stockholders of record on Wednesday, March 5th will be issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 1.96%. The ex-dividend date of this dividend is Wednesday, March 5th. Cheesecake Factory’s dividend payout ratio (DPR) is currently 33.75%.

Analyst Upgrades and Downgrades

CAKE has been the subject of a number of recent research reports. Barclays upped their price target on Cheesecake Factory from $46.00 to $50.00 and gave the stock an “underweight” rating in a research report on Thursday. Oppenheimer raised Cheesecake Factory from a “market perform” rating to an “outperform” rating and set a $65.00 price target for the company in a research report on Tuesday, January 7th. The Goldman Sachs Group upped their price objective on Cheesecake Factory from $56.00 to $64.00 and gave the stock a “buy” rating in a research note on Thursday, February 6th. William Blair reiterated an “outperform” rating on shares of Cheesecake Factory in a research note on Thursday. Finally, UBS Group upped their price objective on Cheesecake Factory from $41.00 to $45.00 and gave the stock a “sell” rating in a research note on Thursday. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Cheesecake Factory has a consensus rating of “Hold” and a consensus price target of $52.19.

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.