William Blair Has Bearish Estimate for CAKE FY2025 Earnings

The Cheesecake Factory Incorporated (NASDAQ:CAKE) – William Blair cut their FY2025 earnings estimates for Cheesecake Factory in a research report issued on Thursday, February 20th. William Blair analyst S. Zackfia now anticipates that the restaurant operator will post earnings of $3.67 per share for the year, down from their previous forecast of $3.70. William Blair has a “Outperform” rating on the stock. The consensus estimate for Cheesecake Factory’s current full-year earnings is $3.71 per share.

Cheesecake Factory (NASDAQ:CAKE) last announced its quarterly earnings results on Wednesday, February 19th. The restaurant operator reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.13. Cheesecake Factory had a net margin of 4.38% and a return on equity of 45.89%. The firm had revenue of $920.96 million during the quarter, compared to analysts’ expectations of $912.67 million.

A number of other research firms have also recently weighed in on CAKE. Robert W. Baird upped their price target on Cheesecake Factory from $52.00 to $57.00 and gave the stock a “neutral” rating in a report on Thursday, February 20th. Raymond James upped their target price on shares of Cheesecake Factory from $51.00 to $56.00 and gave the company an “outperform” rating in a research note on Monday, December 16th. UBS Group lifted their price target on shares of Cheesecake Factory from $41.00 to $45.00 and gave the stock a “sell” rating in a research note on Thursday, February 20th. Jefferies Financial Group upped their price objective on shares of Cheesecake Factory from $49.00 to $58.00 and gave the company a “buy” rating in a research report on Monday, December 16th. Finally, Wedbush lifted their target price on Cheesecake Factory from $59.00 to $61.00 and gave the stock an “outperform” rating in a research report on Thursday, February 20th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $52.19.

Cheesecake Factory Price Performance

Shares of NASDAQ CAKE opened at $54.41 on Monday. The company has a market capitalization of $2.78 billion, a price-to-earnings ratio of 17.00, a PEG ratio of 1.31 and a beta of 1.51. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.44 and a quick ratio of 0.33. Cheesecake Factory has a 1-year low of $33.05 and a 1-year high of $57.32. The business has a 50-day moving average of $51.31 and a 200-day moving average of $45.87.

Institutional Trading of Cheesecake Factory

A number of institutional investors and hedge funds have recently modified their holdings of CAKE. Lido Advisors LLC grew its position in shares of Cheesecake Factory by 2.0% during the 4th quarter. Lido Advisors LLC now owns 10,805 shares of the restaurant operator’s stock valued at $513,000 after buying an additional 215 shares during the last quarter. Summit Investment Advisors Inc. boosted its stake in Cheesecake Factory by 4.7% in the fourth quarter. Summit Investment Advisors Inc. now owns 5,051 shares of the restaurant operator’s stock valued at $240,000 after acquiring an additional 228 shares during the period. Truist Financial Corp boosted its stake in Cheesecake Factory by 3.3% in the fourth quarter. Truist Financial Corp now owns 8,045 shares of the restaurant operator’s stock valued at $382,000 after acquiring an additional 257 shares during the period. Blair William & Co. IL grew its holdings in shares of Cheesecake Factory by 5.2% during the fourth quarter. Blair William & Co. IL now owns 5,772 shares of the restaurant operator’s stock valued at $274,000 after purchasing an additional 283 shares during the last quarter. Finally, Versant Capital Management Inc raised its position in shares of Cheesecake Factory by 108.1% during the 4th quarter. Versant Capital Management Inc now owns 616 shares of the restaurant operator’s stock worth $29,000 after purchasing an additional 320 shares during the period. 94.48% of the stock is owned by institutional investors and hedge funds.

Cheesecake Factory Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Shareholders of record on Wednesday, March 5th will be issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date is Wednesday, March 5th. Cheesecake Factory’s dividend payout ratio is presently 33.75%.

About Cheesecake Factory

The Cheesecake Factory Incorporated operates and licenses restaurants in the United States and Canada. The company operates bakeries that produce cheesecakes and other baked products for its restaurants, international licensees, third-party bakery customers, external foodservice operators, retailers, and distributors.