Economy

Stephens Reiterates Hold Rating for The Cheesecake Factory Incorporated (CAKE)

The company has market cap of $231.68 million. The Pro-Dex segment provides primarily medical and dental instruments using shared production and assembly machines and workforce.

Stifel Financial Corp grew its stake in shares of The Cheesecake Factory Incorporated (NASDAQ:CAKE) by 41.0% in the second quarter, according to its most recent filing with the SEC. Therefore 25% are positive. The Cheesecake Factory Incorporated (CAKE) has an operating margin of 8.30%. Meanwhile, the average 12-month price target from Wall Street analysts is now 41.86, this means that the stock is underpriced by 1.266%. The Cheesecake Factory Incorporated had 43 analyst reports since July 24, 2015 according to SRatingsIntel. Telsey Advisory Group dropped their price target on shares of The Cheesecake Factory from $66.00 to $62.00 and set an "outperform" rating on the stock in a research note on Wednesday, June 14th.

On September 26 the company was downgraded to "Neutral" from "Outperform" in a report issued by Wedbush. The stock of Cheesecake Factory Inc (NASDAQ:CAKE) has "Hold" rating given on Tuesday, June 20 by Argus Research. The firm has "Hold" rating given on Tuesday, September 5 by Jefferies. (NYSE:CNX), 7 have Buy rating, 0 Sell and 9 Hold. Finally, Canaccord Genuity reiterated a "hold" rating and issued a $54.00 price target on shares of Cheesecake Factory in a research note on Friday, February 10th.

Airain Ltd decreased Cheesecake Factory Inc (CAKE) stake by 72.79% reported in 2017Q2 SEC filing.

A number of analysts have recently issued reports on the company. The firm has "Buy" rating by Stifel Nicolaus given on Tuesday, October 27. Its up 0.18, from 1.1 in 2017Q1. The stock rose 0.50% or $0.21 reaching $42.63 per share.

About 177,451 shares traded. It has outperformed by 10.62% the S&P500. Hsbc Public Limited Company holds 10,385 shares or 0% of its portfolio. Inc. owns 2,500 shares or 0.02% of their U.S. portfolio. Moreover, Jpmorgan Chase Company has 0% invested in CONSOL Energy Inc. Interest Gru has invested 0.02% in Cheesecake Factory Inc (NASDAQ:CAKE).

Short interest increased 1,018,124 over that timeframe.

06/21/2017 - The Cheesecake Factory Incorporated had its "sell" rating reiterated by analysts at Goldman Sachs. 46 funds opened positions while 102 raised stakes. Ameritas Prtn stated it has 33,120 shares.

The Cheesecake Factory (NASDAQ:CAKE) last released its quarterly earnings results on Wednesday, August 2nd. Employees Retirement Association Of Colorado accumulated 40,438 shares. Swiss National Bank & Trust accumulated 75,100 shares. Riggs Asset Managment Inc, Pennsylvania-based fund reported 225 shares. United Serv Automobile Association has invested 0% in Cheesecake Factory Inc (NASDAQ:CAKE). Bluecrest Capital Mngmt has invested 0.02% in Cheesecake Factory Inc (NASDAQ:CAKE). Cheesecake Factory earned a media sentiment score of 0.06 on AlphaOne's scale. Following the completion of the sale, the director now directly owns 16,750 shares of the company's stock, valued at $1,035,485. First Tru Ltd Partnership has 0.01% invested in Cheesecake Factory Inc (NASDAQ:CAKE) for 68,253 shares. First Manhattan invested in 1,200 shares. Huntington Financial Bank has invested 0% in Cheesecake Factory Inc (NASDAQ:CAKE).

Since May 23, 2017, it had 1 insider purchase, and 2 sales for $711,223 activity. PITTAWAY DAVID BRUCE also bought $23,288 worth of Cheesecake Factory Inc (NASDAQ:CAKE) shares. On Tuesday, May 30 the insider ZURZOLO DEBBY R sold $379,619.

The Cheesecake Factory Incorporated, launched on February 13, 1992, is involved in the restaurant and bakery business. The company has market cap of $3.75 billion. 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. It has a 14.96 P/E ratio.

Three months ago, on the other hand, the average analyst rating for The Cheesecake Factory Incorporated (CAKE) was a Hold - from a survey of 14 analysts. In the latest earnings report the EPS was $2.86 and is estimated to be $2.65 for the current year with 45,926,000 shares outstanding. The restaurant operator reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.76 by $0.02. CAKE's profit will be $28.72 million for 17.32 P/E if the $0.61 EPS becomes a reality. During the same quarter in the prior year, the firm earned $0.78 EPS.

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