Cheesecake Factory (NASDAQ:CAKE) posted its quarterly earnings data on Wednesday. The restaurant operator reported $0.53 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.53, Bloomberg Earnings reports. The firm had revenue of $571.80 million during the quarter, compared to analysts’ expectations of $567.80 million. Cheesecake Factory had a return on equity of 20.27% and a net margin of 6.96%. The business’s quarterly revenue was down 5.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.67 EPS. Cheesecake Factory updated its Q1 guidance to $0.66-0.70 EPS and its FY18 guidance to $2.64-2.80 EPS.

Cheesecake Factory (NASDAQ CAKE) opened at $47.93 on Friday. The firm has a market capitalization of $2,116.20, a PE ratio of 17.85, a price-to-earnings-growth ratio of 1.17 and a beta of 0.33. 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 business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 20th. Shareholders of record on Wednesday, February 28th will be paid a dividend of $0.29 per share. The ex-dividend date is Tuesday, February 27th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.42%. Cheesecake Factory’s payout ratio is currently 35.26%.

A number of analysts have recently weighed in on CAKE shares. Canaccord Genuity reissued a “hold” rating and issued a $54.00 price objective on shares of Cheesecake Factory in a research report on Monday, January 8th. Piper Jaffray Companies raised their target price on Cheesecake Factory from $45.00 to $52.00 and gave the stock an “overweight” rating in a research note on Monday, January 8th. Zacks Investment Research upgraded Cheesecake Factory from a “sell” rating to a “hold” rating in a research note on Friday, October 27th. Barclays raised their target price on Cheesecake Factory from $47.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 24th. Finally, BidaskClub upgraded Cheesecake Factory from a “sell” rating to a “hold” rating in a research note on Friday, January 26th. Two equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $48.18.

TRADEMARK VIOLATION WARNING: This news story was published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this news story on another website, it was illegally stolen and republished in violation of US & international copyright laws. The legal version of this news story can be accessed at

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.

Earnings History for Cheesecake Factory (NASDAQ:CAKE)

Receive News & Ratings for Cheesecake Factory Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cheesecake Factory and related companies with's FREE daily email newsletter.