The Cheesecake Factory Incorporated (CAKE) Analysts See $0.58 EPS

October 14, 2018 - By mmahotstuff

The Cheesecake Factory Incorporated (NASDAQ:CAKE) LogoInvestors sentiment decreased to 0.96 in 2018 Q2. Its down 0.14, from 1.1 in 2018Q1. It is negative, as 23 investors sold The Cheesecake Factory Incorporated shares while 89 reduced holdings. 29 funds opened positions while 79 raised stakes. 47.41 million shares or 1.92% more from 46.52 million shares in 2018Q1 were reported.
Teacher Retirement System Of Texas invested 0% in The Cheesecake Factory Incorporated (NASDAQ:CAKE). Oppenheimer Asset Inc, New York-based fund reported 4,099 shares. Intrepid Mgmt Incorporated has 131,630 shares for 2.5% of their portfolio. Phocas, California-based fund reported 102,325 shares. Parkside Savings Bank & Trust reported 37 shares stake. Whittier Trust Of Nevada reported 174 shares stake. Stone Ridge Asset Mngmt Limited Company holds 0.06% of its portfolio in The Cheesecake Factory Incorporated (NASDAQ:CAKE) for 17,869 shares. Stifel Corp reported 101,675 shares. 213,556 were accumulated by Maverick Cap. Comerica Bank & Trust holds 24,746 shares or 0.01% of its portfolio. Asset Management accumulated 22,504 shares. Regions Fincl owns 655 shares. Gemmer Asset Lc holds 0% in The Cheesecake Factory Incorporated (NASDAQ:CAKE) or 64 shares. Bbva Compass Fincl Bank Inc has 0.09% invested in The Cheesecake Factory Incorporated (NASDAQ:CAKE). Covington Mngmt reported 0% stake.

Since April 30, 2018, it had 2 buys, and 7 selling transactions for $6.64 million activity. Shares for $92,196 were sold by ZURZOLO DEBBY R on Friday, May 25. The insider Ames Edie A bought 200 shares worth $10,488. The insider SLOMANN CHERYL sold 1,005 shares worth $53,206.

Analysts expect The Cheesecake Factory Incorporated (NASDAQ:CAKE) to report $0.58 EPS on November, 7.They anticipate $0.02 EPS change or 3.57 % from last quarter’s $0.56 EPS. CAKE’s profit would be $25.59 million giving it 21.64 P/E if the $0.58 EPS is correct. After having $0.65 EPS previously, The Cheesecake Factory Incorporated’s analysts see -10.77 % EPS growth. The stock decreased 1.24% or $0.63 during the last trading session, reaching $50.21. About 871,847 shares traded or 18.61% up from the average. The Cheesecake Factory Incorporated (NASDAQ:CAKE) has risen 33.22% since October 14, 2017 and is uptrending. It has outperformed by 17.60% the S&P500.

The Cheesecake Factory Incorporated (NASDAQ:CAKE) Ratings Coverage

Among 9 analysts covering Cheesecake Factory (NASDAQ:CAKE), 0 have Buy rating, 0 Sell and 9 Hold. Therefore 0 are positive. Cheesecake Factory had 14 analyst reports since April 19, 2018 according to SRatingsIntel. As per Thursday, April 19, the company rating was maintained by Canaccord Genuity. Barclays Capital maintained the stock with “Equal-Weight” rating in Wednesday, July 18 report. The firm has “Neutral” rating by Bank of America given on Tuesday, July 24. BTIG Research downgraded the shares of CAKE in report on Monday, June 18 to “Neutral” rating. The stock of The Cheesecake Factory Incorporated (NASDAQ:CAKE) earned “Hold” rating by Jefferies on Wednesday, April 25. The rating was maintained by Bank of America with “Neutral” on Wednesday, August 1. The firm has “Neutral” rating given on Thursday, April 26 by Wedbush. Maxim Group downgraded The Cheesecake Factory Incorporated (NASDAQ:CAKE) on Friday, June 22 to “Hold” rating. Barclays Capital maintained The Cheesecake Factory Incorporated (NASDAQ:CAKE) on Wednesday, August 1 with “Equal-Weight” rating. The firm earned “Equal-Weight” rating on Thursday, April 26 by Morgan Stanley.

The Cheesecake Factory Incorporated operates restaurants primarily in the United States. The company has market cap of $2.22 billion. The firm also produces cheesecakes and other baked products for foodservice operators, retailers, and distributors. It has a 17.03 P/E ratio. As of December 19, 2017, it operated 214 casual dining restaurants, including 199 under The Cheesecake Factory mark, 13 under the Grand Lux Cafe mark, and 2 restaurants under the Rock Sugar Pan Asian Kitchen mark; and 18 The Cheesecake Factory branded restaurants under licensing agreements internationally.

Another recent and important The Cheesecake Factory Incorporated (NASDAQ:CAKE) news was published by Seekingalpha.com which published an article titled: “Cheesecake Factory Needs To Cool Off” on September 24, 2018.

The Cheesecake Factory Incorporated (NASDAQ:CAKE) Institutional Positions Chart

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