Cheesecake Factory Inc. (NASDAQ: CAKE) kicked off on Tuesday, up 3.41% from the previous trading day, before settling in for the closing price of $34.31. Over the past 52 weeks, CAKE has traded in a range of $28.58-$38.19.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 10.18%. While this was happening, its average annual earnings per share was recorded 13.75%. With a float of $46.95 million, this company’s outstanding shares have now reached $50.65 million.
Let’s determine the extent of company efficiency that accounts for 47900 employees.
Cheesecake Factory Inc. (CAKE) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Restaurants Industry. The insider ownership of Cheesecake Factory Inc. is 7.90%, while institutional ownership is 87.44%.
Cheesecake Factory Inc. (CAKE) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 12/31/2023, the organization reported 0.61 earnings per share (EPS), higher than consensus estimate (set at 0.59) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.75% 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
Take a look at Cheesecake Factory Inc.’s (CAKE) current performance indicators. Last quarter, stock had a quick ratio of 0.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.53. Likewise, its price to free cash flow for the trailing twelve months is 27.06.
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 3.43 in one year’s time.
Technical Analysis of Cheesecake Factory Inc. (CAKE)
Looking closely at Cheesecake Factory Inc. (NASDAQ: CAKE), its last 5-days average volume was 0.66 million, which is a drop from its year-to-date volume of 0.82 million. As of the previous 9 days, the stock’s Stochastic %D was 77.41%. Additionally, its Average True Range was 0.97.
During the past 100 days, Cheesecake Factory Inc.’s (CAKE) raw stochastic average was set at 67.56%, which indicates a significant increase from 55.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.06% in the past 14 days, which was higher than the 31.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.24, while its 200-day Moving Average is $33.42. However, in the short run, Cheesecake Factory Inc.’s stock first resistance to watch stands at $35.87. Second resistance stands at $36.27. The third major resistance level sits at $36.90. If the price goes on to break the first support level at $34.84, it is likely to go to the next support level at $34.21. Now, if the price goes above the second support level, the third support stands at $33.81.
Cheesecake Factory Inc. (NASDAQ: CAKE) Key Stats
The company with the Market Capitalisation of 1.81 billion has total of 51,037K Shares Outstanding. Its annual sales at the moment are 3,440 M in contrast with the sum of 101,350 K annual income. Company’s last quarter sales were recorded 877,010 K and last quarter income was 12,680 K.
