Cheesecake Factory (CAKE) Earns Daily News Impact Rating of 0.13

News coverage about Cheesecake Factory (NASDAQ:CAKE) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cheesecake Factory earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news stories about the restaurant operator an impact score of 46.5364222959002 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Cheesecake Factory (CAKE) opened at $47.59 on Thursday. The company has a current ratio of 0.51, a quick ratio of 0.37 and a debt-to-equity ratio of 0.05. The stock has a market cap of $2,180.75, a PE ratio of 17.56, a price-to-earnings-growth ratio of 1.24 and a beta of 0.33. Cheesecake Factory has a 52-week low of $38.34 and a 52-week high of $67.14.

Cheesecake Factory (NASDAQ:CAKE) last announced its quarterly earnings results on Wednesday, November 1st. The restaurant operator reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.04). Cheesecake Factory had a net margin of 5.76% and a return on equity of 21.65%. The company had revenue of $555.40 million during the quarter, compared to the consensus estimate of $566.09 million. During the same period last year, the company earned $0.70 earnings per share. The business’s revenue was down .8% compared to the same quarter last year. equities research analysts anticipate that Cheesecake Factory will post 2.6 earnings per share for the current year.

CAKE has been the subject of a number of analyst reports. TheStreet upgraded shares of Cheesecake Factory from a “c+” rating to a “b” rating in a research note on Friday, January 5th. BidaskClub cut shares of Cheesecake Factory from a “hold” rating to a “sell” rating in a research note on Thursday. Zacks Investment Research raised shares of Cheesecake Factory from a “sell” rating to a “hold” rating in a research report on Thursday, November 2nd. Wedbush lowered shares of Cheesecake Factory from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $52.00 to $44.00 in a research report on Tuesday, September 26th. Finally, BTIG Research reaffirmed a “buy” rating and set a $50.00 target price on shares of Cheesecake Factory in a research report on Wednesday, September 20th. Two research analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have issued a buy rating to the company’s stock. Cheesecake Factory has a consensus rating of “Hold” and a consensus target price of $48.81.

In other Cheesecake Factory news, Director Herbert Simon purchased 25,000 shares of the firm’s stock in a transaction dated Monday, November 6th. The stock was bought at an average cost of $43.50 per share, with a total value of $1,087,500.00. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Debby R. Zurzolo sold 2,306 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $44.75, for a total transaction of $103,193.50. The disclosure for this sale can be found here. 8.40% of the stock is currently owned by corporate insiders.

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About Cheesecake Factory

The Cheesecake Factory Incorporated is engaged in the restaurant and bakery business. As of March 2, 2017, the Company operated 208 Company-owned restaurants: 194 under The Cheesecake Factory mark, 13 under the Grand Lux Cafe mark and one under the Rock Sugar Pan Asian Kitchen mark. The Company’s segments include The Cheesecake Factory restaurants, and other.

Insider Buying and Selling by Quarter for Cheesecake Factory (NASDAQ:CAKE)

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