News articles about The Cheesecake Factory (NASDAQ:CAKE) have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. The Cheesecake Factory earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media headlines about the restaurant operator an impact score of 45.7924265734331 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Two Stocks You May Need To Reconsider: The Cheesecake Factory Incorporated (CAKE), Williams-Sonoma, Inc. (WSM) - AllStockNews (allstocknews.com)
- Chipotle’s 2Q17 Revenue: Lower than Analysts’ Estimate (finance.yahoo.com)
- Chipotle’s EBIT Margins Expanded in 2Q17 (finance.yahoo.com)
- Watching the Indicators for The Cheesecake Factory Incorporated (NASDAQ:CAKE) - Sparta Review (spartareview.com)
- The Cheesecake Factory Incorporated (CAKE) to Release Quarterly Earnings on Wednesday (americanbankingnews.com)
A number of equities research analysts have weighed in on CAKE shares. Zacks Investment Research raised The Cheesecake Factory from a “sell” rating to a “hold” rating in a report on Tuesday, April 4th. Telsey Advisory Group lowered their price objective on The Cheesecake Factory from $66.00 to $62.00 and set an “outperform” rating for the company in a research report on Wednesday, June 14th. Canaccord Genuity restated a “hold” rating and set a $60.00 target price on shares of The Cheesecake Factory in a research report on Friday, June 16th. Nomura started coverage on The Cheesecake Factory in a research note on Wednesday, July 12th. They issued a “neutral” rating and a $50.00 target price on the stock. Finally, Wells Fargo & Company reiterated a “market perform” rating and set a $55.00 price objective (down previously from $61.50) on shares of The Cheesecake Factory in a research note on Wednesday, June 14th. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $58.06.
Shares of The Cheesecake Factory (CAKE) traded down 2.22% during mid-day trading on Friday, hitting $47.67. The company’s stock had a trading volume of 1,709,236 shares. The stock’s 50 day moving average price is $51.03 and its 200 day moving average price is $58.65. The Cheesecake Factory has a 52-week low of $47.37 and a 52-week high of $67.14. The company has a market cap of $2.20 billion, a price-to-earnings ratio of 16.67 and a beta of 0.33.
The Cheesecake Factory (NASDAQ:CAKE) last posted its quarterly earnings results on Wednesday, May 3rd. The restaurant operator reported $0.72 EPS for the quarter, missing the Zacks’ consensus estimate of $0.73 by $0.01. The business had revenue of $563.43 million for the quarter, compared to the consensus estimate of $565.42 million. The Cheesecake Factory had a net margin of 6.15% and a return on equity of 23.35%. Equities analysts forecast that The Cheesecake Factory will post $2.84 EPS for the current year.
In other news, VP Debby R. Zurzolo sold 6,424 shares of The Cheesecake Factory stock in a transaction that occurred on Thursday, June 1st. The shares were sold at an average price of $59.09, for a total transaction of $379,594.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 8.50% of the stock is owned by insiders.
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About The Cheesecake Factory
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.
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