A number of research firms have changed their ratings and price targets for The Cheesecake Factory (NASDAQ: CAKE):

  • 9/12/2017 – The Cheesecake Factory had its “buy” rating reaffirmed by analysts at Maxim Group. They now have a $57.00 price target on the stock.
  • 9/8/2017 – The Cheesecake Factory had its “hold” rating reaffirmed by analysts at Robert W. Baird. They now have a $49.00 price target on the stock.
  • 9/7/2017 – The Cheesecake Factory had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $46.00 price target on the stock.
  • 8/25/2017 – The Cheesecake Factory was downgraded by analysts at TheStreet from a “b-” rating to a “c+” rating.
  • 8/9/2017 – The Cheesecake Factory had its “buy” rating reaffirmed by analysts at Maxim Group. They now have a $57.00 price target on the stock, down previously from $65.00.
  • 8/9/2017 – The Cheesecake Factory had its “neutral” rating reaffirmed by analysts at Instinet. They now have a $44.00 price target on the stock, down previously from $50.00.
  • 8/9/2017 – The Cheesecake Factory had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a $48.00 price target on the stock, down previously from $53.00.
  • 8/9/2017 – The Cheesecake Factory had its “equal weight” rating reaffirmed by analysts at Stephens. They now have a $48.00 price target on the stock, down previously from $55.00.
  • 8/9/2017 – The Cheesecake Factory had its “neutral” rating reaffirmed by analysts at Robert W. Baird. They now have a $49.00 price target on the stock, down previously from $57.00.
  • 8/4/2017 – The Cheesecake Factory had its “hold” rating reaffirmed by analysts at Canaccord Genuity.
  • 8/3/2017 – The Cheesecake Factory had its “buy” rating reaffirmed by analysts at Maxim Group. They now have a $57.00 price target on the stock, down previously from $65.00.
  • 8/3/2017 – The Cheesecake Factory had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $49.00 price target on the stock.
  • 8/3/2017 – The Cheesecake Factory had its price target lowered by analysts at Nomura from $50.00 to $44.00. They now have a “neutral” rating on the stock.
  • 8/3/2017 – The Cheesecake Factory had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a $48.00 price target on the stock, down previously from $53.00.
  • 8/3/2017 – The Cheesecake Factory was given a new $49.00 price target on by analysts at Robert W. Baird. They now have a “hold” rating on the stock.
  • 8/3/2017 – The Cheesecake Factory had its “neutral” rating reaffirmed by analysts at Instinet. They now have a $44.00 price target on the stock, down previously from $50.00.
  • 7/27/2017 – The Cheesecake Factory was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 7/26/2017 – The Cheesecake Factory had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $65.00 price target on the stock.
  • 7/24/2017 – The Cheesecake Factory had its “market perform” rating reaffirmed by analysts at Raymond James Financial, Inc..
  • 7/19/2017 – The Cheesecake Factory had its price target lowered by analysts at Barclays PLC from $56.00 to $53.00. They now have an “equal weight” rating on the stock.

Shares of The Cheesecake Factory Incorporated (NASDAQ:CAKE) traded down 1.82% during trading on Thursday, hitting $39.95. 819,991 shares of the stock were exchanged. The firm has a 50 day moving average of $43.49 and a 200-day moving average of $54.60. The stock has a market cap of $1.83 billion, a PE ratio of 13.97 and a beta of 0.34. The Cheesecake Factory Incorporated has a 52-week low of $38.34 and a 52-week high of $67.14.

The Cheesecake Factory (NASDAQ:CAKE) last issued its quarterly earnings results on Wednesday, August 2nd. The restaurant operator reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.02. The Cheesecake Factory had a net margin of 6.10% and a return on equity of 22.92%. The business had revenue of $569.87 million for the quarter, compared to the consensus estimate of $573.12 million. During the same quarter in the previous year, the firm earned $0.78 earnings per share. The company’s revenue for the quarter was up 2.0% on a year-over-year basis. Equities research analysts anticipate that The Cheesecake Factory Incorporated will post $2.66 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 29th. Stockholders of record on Wednesday, August 16th were issued a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend was Monday, August 14th. This is an increase from The Cheesecake Factory’s previous quarterly dividend of $0.24. The Cheesecake Factory’s payout ratio is 40.70%.

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.

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