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

Cheesecake Factory (NASDAQ:CAKE) released its quarterly earnings data on Wednesday. The restaurant operator reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.13, Zacks reports. The business had revenue of $920.96 million for the quarter, compared to analyst estimates of $912.67 million. Cheesecake Factory had a return on equity of 45.89% and a net margin of 4.38%. Cheesecake Factory updated its FY 2025 guidance to EPS.

Cheesecake Factory Trading Up 1.3 %

Shares of CAKE stock opened at $54.97 on Friday. The company has a market cap of $2.81 billion, a P/E ratio of 17.18, a PEG ratio of 1.30 and a beta of 1.51. The stock has a 50 day simple moving average of $51.06 and a two-hundred day simple moving average of $45.31. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.33 and a current ratio of 0.44. Cheesecake Factory has a fifty-two week low of $33.05 and a fifty-two week high of $57.32.

Cheesecake Factory Dividend Announcement

The firm also recently announced 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. The ex-dividend date is Wednesday, March 5th. This represents a $1.08 dividend on an annualized basis and a yield of 1.96%. Cheesecake Factory’s payout ratio is currently 33.75%.

Analyst Ratings Changes

Several equities analysts have commented on the company. Piper Sandler increased their target price on Cheesecake Factory from $47.00 to $51.00 and gave the company a “neutral” rating in a research report on Thursday. Oppenheimer upgraded Cheesecake Factory from a “market perform” rating to an “outperform” rating and set a $65.00 target price for the company in a research report on Tuesday, January 7th. Morgan Stanley increased their target price on Cheesecake Factory from $37.00 to $40.00 and gave the company an “underweight” rating in a research report on Thursday. Barclays increased their target price on Cheesecake Factory from $46.00 to $50.00 and gave the company an “underweight” rating in a research report on Thursday. Finally, UBS Group increased their target price on Cheesecake Factory from $41.00 to $45.00 and gave the company a “sell” rating in a research report on Thursday. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $52.19.

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.