Cheesecake Factory Inc (NASDAQ: CAKE) kicked off on Tuesday, up 4.14% from the previous trading day, before settling in for the closing price of $48.76. Over the past 52 weeks, CAKE has traded in a range of $31.24-$52.10.
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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. While this was happening, its average annual earnings per share was recorded 22.85%. With a float of $47.22 million, this company’s outstanding shares have now reached $50.94 million.
In an organization with 47900 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 12.22%, operating margin of 5.71%, and the pretax margin is 3.71%.
Cheesecake Factory Inc (CAKE) Insider Updates
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 7.47%, while institutional ownership is 91.67%. The most recent insider transaction that took place on Nov 08 ’24, was worth 12,573,890. In this transaction CHAIRMAN AND C.E.O. of this company sold 269,520 shares at a rate of $46.65, taking the stock ownership to the 2,964,594 shares. Before that another transaction happened on Nov 08 ’24, when Company’s Officer proposed sale 269,520 for $46.55, making the entire transaction worth $12,546,156.
Cheesecake Factory Inc (CAKE) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.87 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 22.85% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.90% 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 0.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.73. Likewise, its price to free cash flow for the trailing twelve months is 37.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.63, a number that is poised to hit 0.91 in the next quarter and is forecasted to reach 3.68 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 1.12 million. That was better than the volume of 0.98 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 45.57%. Additionally, its Average True Range was 1.66.
During the past 100 days, Cheesecake Factory Inc’s (CAKE) raw stochastic average was set at 92.90%, which indicates a significant increase from 79.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.30% in the past 14 days, which was lower than the 38.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $45.23, while its 200-day Moving Average is $39.27. However, in the short run, Cheesecake Factory Inc’s stock first resistance to watch stands at $51.89. Second resistance stands at $52.99. The third major resistance level sits at $54.81. If the price goes on to break the first support level at $48.97, it is likely to go to the next support level at $47.15. Assuming the price breaks the second support level, the third support level stands at $46.05.
Cheesecake Factory Inc (NASDAQ: CAKE) Key Stats
The company with the Market Capitalisation of 2.59 billion has total of 51,040K 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 865,470 K and last quarter income was 29,990 K.
