Cheesecake Factory Inc. (NASDAQ: CAKE) on Tuesday, soared 1.81% from the previous trading day, before settling in for the closing price of $33.62. Within the past 52 weeks, CAKE’s price has moved between $28.58 and $38.19.
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Consumer Cyclical Sector giant saw their annual sales surged by 10.18% over the last five years. The company achieved an average annual earnings per share of 13.97%. With a float of $47.08 million, this company’s outstanding shares have now reached $50.65 million.
The firm has a total of 47900 workers. Let’s measure their productivity.
Cheesecake Factory Inc. (CAKE) Insider Activity
Observing investor behavior towards Restaurants industry stocks is more important than anything else. The insider ownership of Cheesecake Factory Inc. is 7.90%, while institutional ownership is 87.17%.
Cheesecake Factory Inc. (CAKE) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 605.50 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.80% during the next five years compared to -0.73% drop over the previous five years of trading.
Cheesecake Factory Inc. (NASDAQ: CAKE) Trading Performance Indicators
Cheesecake Factory Inc. (CAKE) is currently performing well based on its current performance indicators. A quick ratio of 0.37 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.51. Likewise, its price to free cash flow for the trailing twelve months is 26.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.06, a number that is poised to hit 0.63 in the next quarter and is forecasted to reach 3.45 in one year’s time.
Technical Analysis of Cheesecake Factory Inc. (CAKE)
Analysing the last 5-days average volume posted by the [Cheesecake Factory Inc., CAKE], we can find that recorded value of 0.88 million was better than the volume posted last year of 0.83 million. As of the previous 9 days, the stock’s Stochastic %D was 16.03%. Additionally, its Average True Range was 1.00.
During the past 100 days, Cheesecake Factory Inc.’s (CAKE) raw stochastic average was set at 48.88%, which indicates a significant increase from 25.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.98% in the past 14 days, which was higher than the 30.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.28, while its 200-day Moving Average is $33.43. Now, the first resistance to watch is $34.65. This is followed by the second major resistance level at $35.08. The third major resistance level sits at $35.87. If the price goes on to break the first support level at $33.44, it is likely to go to the next support level at $32.65. Should the price break the second support level, the third support level stands at $32.23.
Cheesecake Factory Inc. (NASDAQ: CAKE) Key Stats
Market capitalization of the company is 1.75 billion based on 51,115K outstanding shares. Right now, sales total 3,440 M and income totals 101,350 K. The company made 877,010 K in profit during its latest quarter, and 12,680 K in sales during its previous quarter.
