Last Updated: 10 Nov 2024
Executive Summary
The Cheesecake Factory (CAKE) is a publicly traded restaurant company with a strong financial performance and a positive outlook. The company has a market capitalization of $2.38 billion, with a trailing price-to-earnings (PE) ratio of 17.9 and a forward PE ratio of 12.77. The latest stock price is $46.55, which is within the 52-week range of $29.54 to $50.75.
Company Overview
Cheesecake Factory Incorporated operates restaurants in the United States and internationally. The company's restaurants offer a variety of menu items, including cheesecakes, pasta dishes, and grilled entrees. Cheesecake Factory has over 200 restaurants in operation, with plans to open additional locations in the future.
Fundamental Analysis
Cheesecake Factory has a strong financial performance, with revenue growth and profitability improving in recent years. The company's revenue for the trailing twelve months (TTM) is $3.54 billion, with a gross profit margin of 36.3% and a net income margin of 3.6%. Cheesecake Factory's earnings per share (EPS) for the TTM is $2.60, and the company has a dividend yield of 2.28%.
The company's balance sheet is also strong, with total assets of $2.91 billion and total liabilities of $1.23 billion. Cheesecake Factory has a debt-to-equity ratio of 0.42, which is considered to be a manageable level of debt.
Technical Analysis
The technical analysis of Cheesecake Factory's stock price shows that the stock is currently trading in a bullish trend. The stock price has been trading above its 50-day moving average and its 200-day moving average for the past several months. The relative strength index (RSI) is also trending higher, which indicates that the stock is in a period of positive momentum.
Short Term Outlook
The short-term outlook for Cheesecake Factory is positive. The company's financial performance is strong, and the stock price is trading in a bullish trend. The stock price could continue to rise in the short term, as the company continues to execute on its growth plans.
Long Term Outlook
The long-term outlook for Cheesecake Factory is also positive. The company has a strong brand, a loyal customer base, and a solid financial foundation. The company is well-positioned to continue to grow in the long term, as the restaurant industry continues to recover from the COVID-19 pandemic.
Analyst Recommendations
The analyst consensus for Cheesecake Factory is a "buy." Seven analysts have a strong buy rating on the stock, one analyst has a buy rating, and nine analysts have a hold rating. The average analyst target price for the stock is $47.60, which represents a potential upside of 2.2% from the current price.
