Cheesecake Factory (NASDAQ:CAKE) Announces Quarterly Earnings Results, Beats Estimates By $0.13 EPS

Cheesecake Factory (NASDAQ:CAKE) issued its quarterly earnings results on Wednesday. The restaurant operator reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.13, Zacks reports. Cheesecake Factory had a return on equity of 43.90% and a net margin of 3.63%. Cheesecake Factory updated its FY 2025 guidance to EPS.

Cheesecake Factory Price Performance

Shares of NASDAQ CAKE opened at $54.29 on Thursday. Cheesecake Factory has a fifty-two week low of $33.05 and a fifty-two week high of $57.32. The stock has a market cap of $2.77 billion, a price-to-earnings ratio of 20.64, a PEG ratio of 1.28 and a beta of 1.51. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.33 and a current ratio of 0.44. The firm’s 50-day simple moving average is $50.96 and its 200 day simple moving average is $45.25.

Cheesecake Factory Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 18th. Investors of record on Wednesday, March 5th will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.99%. Cheesecake Factory’s payout ratio is 41.06%.

Wall Street Analysts Forecast Growth

CAKE has been the subject of a number of recent analyst reports. Robert W. Baird increased their price target on Cheesecake Factory from $40.00 to $47.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Wells Fargo & Company increased their price target on Cheesecake Factory from $38.00 to $45.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 30th. Jefferies Financial Group increased their price target on Cheesecake Factory from $49.00 to $58.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Bank of America increased their price target on Cheesecake Factory from $47.00 to $49.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Finally, Stephens raised their target price on Cheesecake Factory from $51.00 to $57.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $49.93.

Cheesecake Factory Company Profile

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.