Cheesecake Factory (CAKE) Receives Media Impact Score of -0.03

Headlines about Cheesecake Factory (NASDAQ:CAKE) have been trending somewhat negative recently, Accern reports. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cheesecake Factory earned a news impact score of -0.03 on Accern’s scale. Accern also assigned news articles about the restaurant operator an impact score of 44.2228837909639 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the news articles that may have effected Accern’s rankings:

Shares of Cheesecake Factory (NASDAQ CAKE) opened at $46.53 on Friday. The stock has a market capitalization of $2,110.00, a price-to-earnings ratio of 17.17, a PEG ratio of 1.19 and a beta of 0.33. Cheesecake Factory has a 1-year low of $38.34 and a 1-year high of $67.14. The company has a quick ratio of 0.37, a current ratio of 0.51 and a debt-to-equity ratio of 0.05.

A number of equities research analysts have weighed in on CAKE shares. TheStreet upgraded Cheesecake Factory from a “c+” rating to a “b” rating in a research report on Friday, January 5th. Maxim Group cut their price objective on Cheesecake Factory from $57.00 to $54.00 and set a “buy” rating for the company in a research report on Thursday, November 2nd. Zacks Investment Research upgraded Cheesecake Factory from a “hold” rating to a “buy” rating and set a $53.00 price objective for the company in a research report on Tuesday, February 6th. Barclays cut their price objective on Cheesecake Factory from $46.00 to $43.00 and set an “equal weight” rating for the company in a research report on Thursday, November 2nd. Finally, Morgan Stanley cut their price objective on Cheesecake Factory from $48.00 to $44.00 and set an “equal weight” rating for the company in a research report on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and four have issued a buy rating to the company. Cheesecake Factory has a consensus rating of “Hold” and an average price target of $49.00.

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Cheesecake Factory Company Profile

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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