The Cheesecake Factory Incorporated (NASDAQ:CAKE) went down by -3.41% from its latest closing price compared to the recent 1-year high of $65.81. The company’s stock price has collected -6.15% of loss in the last five trading sessions. Press Release reported 17 hours ago that PREIT Portfolio Demonstrates Strength As Consumers Continue To Choose In-Person Experiences
Is It Worth Investing in The Cheesecake Factory Incorporated (NASDAQ :CAKE) Right Now?
Plus, the 36-month beta value for CAKE is at 1.73. Opinions of the stock are interesting as 7 analysts out of 20 who provided ratings for The Cheesecake Factory Incorporated declared the stock was a “buy,” while 2 rated the stock as “overweight,” 9 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $55.73, which is $11.47 above the current price. CAKE currently public float of 48.62M and currently shorts hold a 10.72% ratio of that float. Today, the average trading volume of CAKE was 1.09M shares.
CAKE’s Market Performance
CAKE stocks went down by -6.15% for the week, with a monthly drop of -2.14% and a quarterly performance of -14.13%, while its annual performance rate touched 47.71%. The volatility ratio for the week stands at 3.43% while the volatility levels for the past 30 days are set at 3.49% for The Cheesecake Factory Incorporated. The simple moving average for the period of the last 20 days is -5.47% for CAKE stocks with a simple moving average of -14.34% for the last 200 days.
Analysts’ Opinion of CAKE
Many brokerage firms have already submitted their reports for CAKE stocks, with Jefferies repeating the rating for CAKE by listing it as a “Buy.” The predicted price for CAKE in the upcoming period, according to Jefferies is $60 based on the research report published on September 24th of the current year 2021.
Raymond James, on the other hand, stated in their research note that they expect to see CAKE reach a price target of $60. The rating they have provided for CAKE stocks is “Outperform” according to the report published on July 12th, 2021.
Telsey Advisory Group gave a rating of “Market Perform” to CAKE, setting the target price at $62 in the report published on April 15th of the current year.
CAKE Trading at -2.83% from the 50-Day Moving Average
After a stumble in the market that brought CAKE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.25% of loss for the given period.
Volatility was left at 3.49%, however, over the last 30 days, the volatility rate increased by 3.43%, as shares sank -0.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.85% upper at present.
During the last 5 trading sessions, CAKE fell by -6.15%, which changed the moving average for the period of 200-days by +17.62% in comparison to the 20-day moving average, which settled at $46.45. In addition, The Cheesecake Factory Incorporated saw 18.54% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CAKE starting from Ames Edie A, who purchase 500 shares at the price of $44.35 back on Aug 11. After this action, Ames Edie A now owns 6,440 shares of The Cheesecake Factory Incorporated, valued at $22,175 using the latest closing price.
Gordon David M, the President of The Cheesecake Factory Incorporated, sale 18,000 shares at $63.86 during a trade that took place back on May 07, which means that Gordon David M is holding 7,755 shares at $1,149,471 based on the most recent closing price.
Stock Fundamentals for CAKE
Current profitability levels for the company are sitting at:
- -4.84 for the present operating margin
- +3.11 for the gross margin
The net margin for The Cheesecake Factory Incorporated stands at -12.78. The total capital return value is set at -4.44, while invested capital returns managed to touch -12.47. Equity return is now at value -18.00, with -2.00 for asset returns.
Based on The Cheesecake Factory Incorporated (CAKE), the company’s capital structure generated 322.89 points at debt to equity in total, while total debt to capital is 76.35. Total debt to assets is 59.59, with long-term debt to equity ratio resting at 521.08. Finally, the long-term debt to capital ratio is 70.17.
When we switch over and look at the enterprise to sales, we see a ratio of 1.68, with the company’s debt to enterprise value settled at 0.49. The receivables turnover for the company is 15.95 and the total asset turnover is 0.71. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.58.