The Cheesecake Factory (CAKE) Receives Daily Media Sentiment Rating of 0.17
News stories about The Cheesecake Factory (NASDAQ:CAKE) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. The Cheesecake Factory earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave media stories about the restaurant operator an impact score of 45.467071603475 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
- RockSugar Southeast Asian Kitchen Announces Debut in Greater Chicago (finance.yahoo.com)
- Stocks Performances and Technical’s to scrutinize – The Cheesecake Factory Incorporated, (NASDAQ: CAKE), Banco … – Stocks In The News (press release) (tradingnewsnow.com)
- The Cheesecake Factory Opens in Happy Valley, Oregon (finance.yahoo.com)
- The Cheesecake Factory Celebrates the Holidays Early with 10,000 Free Slices of Cheesecake and Free Delivery Through DoorDash (finance.yahoo.com)
- Comparing Chanticleer (BURG) & The Cheesecake Factory (CAKE) (americanbankingnews.com)
A number of brokerages recently commented on CAKE. Robert W. Baird restated a “hold” rating and issued a $46.00 price objective on shares of The Cheesecake Factory in a research report on Friday, November 3rd. Barclays reduced their price objective on shares of The Cheesecake Factory from $46.00 to $43.00 and set an “equal weight” rating for the company in a research report on Thursday, November 2nd. Morgan Stanley reduced their price objective on shares of The Cheesecake Factory from $48.00 to $44.00 and set an “equal weight” rating for the company in a research report on Thursday, November 2nd. Nomura reduced their price objective on shares of The Cheesecake Factory from $43.00 to $40.00 and set a “neutral” rating for the company in a research report on Thursday, November 2nd. Finally, Zacks Investment Research upgraded shares of The Cheesecake Factory from a “sell” rating to a “hold” rating in a research report on Thursday, November 2nd. Two equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $48.00.
The Cheesecake Factory (NASDAQ CAKE) traded up $0.05 during mid-day trading on Tuesday, hitting $49.61. 1,224,907 shares of the stock were exchanged, compared to its average volume of 1,114,856. The Cheesecake Factory has a 52 week low of $38.34 and a 52 week high of $67.14. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.37 and a current ratio of 0.51. The firm has a market cap of $2,270.00, a P/E ratio of 17.59, a price-to-earnings-growth ratio of 1.28 and a beta of 0.33.
The Cheesecake Factory (NASDAQ:CAKE) last posted its quarterly earnings results on Wednesday, November 1st. The restaurant operator reported $0.56 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.60 by ($0.04). The 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 for the quarter, compared to analyst estimates of $566.09 million. During the same quarter in the previous year, the business posted $0.70 earnings per share. The Cheesecake Factory’s revenue was down .8% on a year-over-year basis. equities research analysts expect that The Cheesecake Factory will post 2.6 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, November 28th. Stockholders of record on Wednesday, November 15th were given a dividend of $0.29 per share. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.34%. The Cheesecake Factory’s payout ratio is 42.80%.
In related news, VP Debby R. Zurzolo sold 2,306 shares of The Cheesecake Factory 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Herbert Simon acquired 25,000 shares of the business’s stock in a transaction that occurred on Monday, November 6th. The shares were bought at an average price of $43.50 per share, with a total value of $1,087,500.00. The disclosure for this purchase can be found here. 8.40% of the stock is currently owned by company insiders.
The Cheesecake Factory Company Profile
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.
Receive News & Ratings for The Cheesecake Factory Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Cheesecake Factory Incorporated and related companies with Analyst Ratings Network's FREE daily email newsletter.