William Blair Has Pessimistic View of CAKE FY2025 Earnings

The Cheesecake Factory Incorporated (NASDAQ:CAKE) – Stock analysts at William Blair cut their FY2025 earnings per share 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 forecasts 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 has a “Outperform” rating on the stock. The consensus estimate for Cheesecake Factory’s current full-year earnings is $3.71 per share.

Several other equities research analysts have also recently commented on the company. Barclays boosted their target price on Cheesecake Factory from $46.00 to $50.00 and gave the stock an “underweight” rating in a report on Thursday, February 20th. Piper Sandler lifted their price target on Cheesecake Factory from $47.00 to $51.00 and gave the company a “neutral” rating in a research report on Thursday, February 20th. 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 report on Monday, December 16th. Oppenheimer raised Cheesecake Factory from a “market perform” rating to an “outperform” rating and set a $65.00 target price for the company in a research note on Tuesday, January 7th. Finally, The Goldman Sachs Group boosted their price target on shares of Cheesecake Factory from $56.00 to $64.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th. Four equities research 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’s stock. According to data from MarketBeat.com, Cheesecake Factory has an average rating of “Hold” and a consensus target price of $52.19.

Cheesecake Factory Stock Down 1.2 %

CAKE stock opened at $54.41 on Monday. The firm’s 50-day moving average is $51.31 and its two-hundred day moving average is $45.87. The company has a market capitalization of $2.78 billion, a price-to-earnings ratio of 17.00, a price-to-earnings-growth ratio of 1.31 and a beta of 1.51. Cheesecake Factory has a 52 week low of $33.05 and a 52 week high of $57.32. 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 (NASDAQ:CAKE) last posted its quarterly earnings data on Wednesday, February 19th. The restaurant operator reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.13. The business had revenue of $920.96 million during the quarter, compared to the consensus estimate of $912.67 million. Cheesecake Factory had a net margin of 4.38% and a return on equity of 45.89%.

Cheesecake Factory Dividend Announcement

The company also recently declared 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 is Wednesday, March 5th. This represents a $1.08 annualized dividend and a dividend yield of 1.98%. Cheesecake Factory’s dividend payout ratio (DPR) is presently 33.75%.

Hedge Funds Weigh In On Cheesecake Factory

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quest Partners LLC purchased a new stake in shares of Cheesecake Factory in the third quarter valued at $973,000. Principal Financial Group Inc. raised its position in Cheesecake Factory by 9.6% during the third quarter. Principal Financial Group Inc. now owns 255,595 shares of the restaurant operator’s stock valued at $10,364,000 after buying an additional 22,416 shares during the period. New Century Financial Group LLC purchased a new stake in Cheesecake Factory in the 4th quarter worth about $1,142,000. Janney Montgomery Scott LLC acquired a new stake in Cheesecake Factory during the 4th quarter worth about $270,000. Finally, Victory Capital Management Inc. grew its stake in Cheesecake Factory by 32.7% during the 3rd quarter. Victory Capital Management Inc. now owns 403,271 shares of the restaurant operator’s stock valued at $16,353,000 after acquiring an additional 99,341 shares in the last quarter. Institutional investors and hedge funds own 94.48% of the company’s stock.

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.