On Tuesday, Cheesecake Factory Inc. (NASDAQ: CAKE) opened lower -0.90% from the last session, before settling in for the closing price of $43.25. Price fluctuations for CAKE have ranged from $29.27 to $43.51 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 10.18% annually for the last half of the decade. Company’s average yearly earnings per share was noted 19.33% at the time writing. With a float of $47.06 million, this company’s outstanding shares have now reached $50.65 million.
In an organization with 47900 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 19.17%, operating margin of 5.35%, and the pretax margin is 3.33%.
Cheesecake Factory Inc. (CAKE) Insider Updates
A key investor’s attitude towards the stock of the Restaurants industry is another important factor to consider. The insider ownership of Cheesecake Factory Inc. is 7.50%, while institutional ownership is 93.06%. The most recent insider transaction that took place on May 14 ’24, was worth 151,761. In this transaction PRESIDENT (SUBSIDIARY) of this company sold 3,785 shares at a rate of $40.10, taking the stock ownership to the 28,072 shares.
Cheesecake Factory Inc. (CAKE) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.8 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.73) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.84 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 19.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.13% 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
Check out the current performance indicators for Cheesecake Factory Inc. (CAKE). In the past quarter, the stock posted a quick ratio of 0.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.62. Likewise, its price to free cash flow for the trailing twelve months is 38.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.38, a number that is poised to hit 0.91 in the next quarter and is forecasted to reach 3.57 in one year’s time.
Technical Analysis of Cheesecake Factory Inc. (CAKE)
Let’s dig in a bit further. During the last 5-days, its volume was 1.04 million. That was better than the volume of 0.94 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 75.82%. Additionally, its Average True Range was 1.22.
During the past 100 days, Cheesecake Factory Inc.’s (CAKE) raw stochastic average was set at 90.79%, which indicates a significant increase from 82.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.77% in the past 14 days, which was lower than the 35.20% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.83, while its 200-day Moving Average is $37.27. However, in the short run, Cheesecake Factory Inc.’s stock first resistance to watch stands at $43.52. Second resistance stands at $44.18. The third major resistance level sits at $44.55. If the price goes on to break the first support level at $42.49, it is likely to go to the next support level at $42.12. Assuming the price breaks the second support level, the third support level stands at $41.46.
Cheesecake Factory Inc. (NASDAQ: CAKE) Key Stats
There are currently 50,958K shares outstanding in the company with a market cap of 2.18 billion. Presently, the company’s annual sales total 3,440 M according to its annual income of 101,350 K. Last quarter, the company’s sales amounted to 904,040 K and its income totaled 52,440 K.
