Throughout the last three months, 10 analysts have evaluated Cheesecake Factory (NASDAQ:CAKE), offering a diverse set of opinions from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 4 | 3 | 2 | 0 |
| Last 30D | 0 | 2 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 2 | 3 | 2 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $43.1, a high estimate of $51.00, and a low estimate of $35.00. Surpassing the previous average price target of $41.80, the current average has increased by 3.11%.
Diving into Analyst Ratings: An In-Depth Exploration
An in-depth analysis of recent analyst actions unveils how financial experts perceive Cheesecake Factory. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Jim Salera | Stephens & Co. | Maintains | Overweight | $50.00 | $50.00 |
| Nick Setyan | Wedbush | Maintains | Outperform | $45.00 | $45.00 |
| Jon Tower | Citigroup | Raises | Buy | $51.00 | $46.00 |
| John Ivankoe | JP Morgan | Lowers | Underweight | $38.00 | $40.00 |
| Nick Setyan | Wedbush | Maintains | Outperform | $45.00 | $45.00 |
| Brian Mullan | Piper Sandler | Raises | Neutral | $39.00 | $37.00 |
| Jeffrey Bernstein | Barclays | Raises | Underweight | $35.00 | $32.00 |
| Zachary Fadem | Wells Fargo | Raises | Equal-Weight | $38.00 | $36.00 |
| Jim Salera | Stephens & Co. | Maintains | Overweight | $50.00 | $50.00 |
| David Tarantino | Baird | Raises | Neutral | $40.00 | $37.00 |
Key Insights: Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Cheesecake Factory. This information provides a snapshot of how analysts perceive the current state of the company. Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Cheesecake Factory compared to the broader market. Price Targets: Delving into movements, analysts provide estimates for the future value of Cheesecake Factory's stock. This analysis reveals shifts in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Cheesecake Factory's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Cheesecake Factory analyst ratings.
Unveiling the Story Behind Cheesecake Factory
Cheesecake Factory Inc owns and operates restaurants in the United States and Canada under brands that include The Cheesecake Factory, North Italia, and a collection within the Fox Restaurants Concepts subsidiary. The company's international presence, in the Middle East and Mexico, is through licensing agreements with third parties. The company also has a bakery division that produces cheesecakes and other baked products for sale in its restaurants, international licensees, and third-party bakery customers. The company has four operating business segments: The Cheesecake Factory restaurants, North Italia, other FRC, and Flower Child. Majority of the company's revenue comes from The Cheesecake Factory restaurants segment.
Financial Milestones: Cheesecake Factory's Journey
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Positive Revenue Trend: Examining Cheesecake Factory's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 4.37% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Cheesecake Factory's net margin excels beyond industry benchmarks, reaching 5.8%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 14.85%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Cheesecake Factory's ROA stands out, surpassing industry averages. With an impressive ROA of 1.83%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a high debt-to-equity ratio of 5.03, Cheesecake Factory faces challenges in effectively managing its debt levels, indicating potential financial strain.
Understanding the Relevance of Analyst Ratings
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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Latest Ratings for CAKE
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Feb 2022 | Morgan Stanley | Maintains | Underweight | |
| Feb 2022 | Wedbush | Maintains | Outperform | |
| Feb 2022 | Stephens & Co. | Maintains | Overweight |
View More Analyst Ratings for CAKE
View the Latest Analyst Ratings
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
