A number of firms have modified their ratings and price targets on shares of The Cheesecake Factory (NASDAQ: CAKE) recently:

  • 8/4/2017 – The Cheesecake Factory had its “hold” rating reaffirmed by analysts at Canaccord Genuity.
  • 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.
  • 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 “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 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 “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 “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.
  • 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.
  • 7/13/2017 – The Cheesecake Factory had its “buy” rating reaffirmed by analysts at Wedbush.
  • 7/12/2017 – The Cheesecake Factory is now covered by analysts at Instinet. They set a “neutral” rating and a $50.00 price target on the stock.
  • 7/12/2017 – The Cheesecake Factory is now covered by analysts at Nomura. They set a “neutral” rating and a $50.00 price target on the stock.
  • 7/10/2017 – The Cheesecake Factory is now covered by analysts at Wedbush. They set an “outperform” rating and a $57.00 price target on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 6/22/2017 – The Cheesecake Factory was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 6/21/2017 – The Cheesecake Factory had its price target lowered by analysts at Goldman Sachs Group, Inc. (The) from $56.00 to $48.00. They now have a “sell” rating on the stock.
  • 6/20/2017 – The Cheesecake Factory was downgraded by analysts at Argus from a “buy” rating to a “hold” rating.
  • 6/16/2017 – The Cheesecake Factory had its “hold” rating reaffirmed by analysts at Canaccord Genuity. They now have a $60.00 price target on the stock.
  • 6/14/2017 – The Cheesecake Factory had its “neutral” rating reaffirmed by analysts at Bank of America Corporation. They now have a $62.00 price target on the stock, down previously from $67.00.
  • 6/14/2017 – The Cheesecake Factory had its price target lowered by analysts at Telsey Advisory Group from $66.00 to $62.00. They now have an “outperform” rating on the stock.
  • 6/14/2017 – The Cheesecake Factory was upgraded by analysts at Maxim Group from a “hold” rating to a “buy” rating. They now have a $65.00 price target on the stock.
  • 6/14/2017 – The Cheesecake Factory had its “neutral” rating reaffirmed by analysts at Robert W. Baird. They now have a $57.00 price target on the stock, down previously from $60.00.
  • 6/14/2017 – The Cheesecake Factory had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $56.00 price target on the stock, down previously from $62.00.
  • 6/14/2017 – The Cheesecake Factory had its “market perform” rating reaffirmed by analysts at Wells Fargo & Company. They now have a $55.00 price target on the stock, down previously from $61.50.
  • 6/13/2017 – The Cheesecake Factory was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 6/13/2017 – The Cheesecake Factory was upgraded by analysts at Jefferies Group LLC from an “underperform” rating to a “hold” rating. They now have a $52.00 price target on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.

Shares of The Cheesecake Factory Incorporated (CAKE) traded up 1.91% during mid-day trading on Monday, reaching $45.99. 634,940 shares of the company traded hands. The firm’s 50 day moving average price is $50.13 and its 200-day moving average price is $58.36. The company has a market capitalization of $2.12 billion, a P/E ratio of 16.09 and a beta of 0.31. The Cheesecake Factory Incorporated has a 52-week low of $45.10 and a 52-week high of $67.14.

The Cheesecake Factory (NASDAQ:CAKE) last released its quarterly earnings results on Wednesday, August 2nd. The restaurant operator reported $0.78 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.76 by $0.02. The firm had revenue of $569.87 million during the quarter, compared to analysts’ expectations of $573.12 million. The Cheesecake Factory had a return on equity of 22.92% and a net margin of 6.10%. The Cheesecake Factory’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.78 EPS. Equities analysts predict that The Cheesecake Factory Incorporated will post $2.67 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 29th. Shareholders of record on Wednesday, August 16th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date of this dividend is Monday, August 14th. This is a boost from The Cheesecake Factory’s previous quarterly dividend of $0.24. The Cheesecake Factory’s dividend payout ratio is currently 33.68%.

In other The Cheesecake Factory news, VP Debby R. Zurzolo sold 6,424 shares of the company’s stock in a transaction that occurred on Thursday, June 1st. The stock was sold at an average price of $59.09, for a total value of $379,594.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 8.50% of the stock is owned by corporate insiders.

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.

Receive News & Ratings for The Cheesecake Factory Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Cheesecake Factory Incorporated and related companies with MarketBeat.com's FREE daily email newsletter.