Cheesecake Factory (CAKE) to Release Earnings on Wednesday

Cheesecake Factory (NASDAQ:CAKE) is scheduled to release its earnings data after the market closes on Wednesday, February 21st. Analysts expect Cheesecake Factory to post earnings of $0.53 per share for the quarter.

Cheesecake Factory (CAKE) opened at $45.21 on Wednesday. The company has a quick ratio of 0.37, a current ratio of 0.51 and a debt-to-equity ratio of 0.05. Cheesecake Factory has a 52 week low of $38.34 and a 52 week high of $67.14. The company has a market capitalization of $2,066.75, a P/E ratio of 16.68, a price-to-earnings-growth ratio of 1.14 and a beta of 0.33.

A number of brokerages have commented on CAKE. TheStreet upgraded Cheesecake Factory from a “c+” rating to a “b” rating in a research note on Friday, January 5th. Zacks Investment Research raised Cheesecake Factory from a “sell” rating to a “hold” rating in a report on Thursday, November 2nd. Nomura cut their price target on Cheesecake Factory from $44.00 to $43.00 and set a “neutral” rating on the stock in a report on Friday, October 27th. Wells Fargo & Co cut their price target on Cheesecake Factory from $45.00 to $41.00 and set a “market perform” rating on the stock in a report on Tuesday, February 6th. Finally, Maxim Group cut their price target on Cheesecake Factory from $57.00 to $54.00 and set a “buy” rating on the stock in a report on Thursday, November 2nd. One analyst has rated the stock with a sell rating, fifteen have given a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $49.00.

TRADEMARK VIOLATION NOTICE: This article was first posted by American Banking News and is the property of of American Banking News. If you are reading this article on another publication, it was copied illegally and reposted in violation of US and international copyright laws. The original version of this article can be read at https://www.americanbankingnews.com/2018/02/14/cheesecake-factory-cake-to-release-earnings-on-wednesday.html.

Cheesecake Factory Company Profile

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 MarketBeat.com's FREE daily email newsletter.

Leave a Reply