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

October 14, 2018 - By Clifton Ray

The Cheesecake Factory Incorporated (NASDAQ:CAKE) LogoInvestors sentiment decreased to 0.96 in Q2 2018. Its down 0.14, from 1.1 in 2018Q1. It dropped, 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.
Martingale Asset Limited Partnership has 89,811 shares for 0.06% of their portfolio. Utd Ser Automobile Association accumulated 0.01% or 53,351 shares. Neuberger Berman Gp holds 0.05% or 880,693 shares in its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) reported 2,726 shares. Global X Mgmt Ltd Liability, New York-based fund reported 869 shares. Moreover, Suntrust Banks has 0.01% invested in The Cheesecake Factory Incorporated (NASDAQ:CAKE). Cambridge Inv Advsrs invested in 0% or 5,911 shares. New Amsterdam Lc has 0.87% invested in The Cheesecake Factory Incorporated (NASDAQ:CAKE). Piedmont Inv Advisors Ltd Liability holds 742 shares. Thrivent For Lutherans owns 0% invested in The Cheesecake Factory Incorporated (NASDAQ:CAKE) for 9,710 shares. Moreover, Marshall Wace Ltd Liability Partnership has 0.09% invested in The Cheesecake Factory Incorporated (NASDAQ:CAKE) for 113,510 shares. Raymond James & Associates accumulated 65,316 shares or 0.01% of the stock. Moreover, Bb&T Securities Ltd Liability Corporation has 0.02% invested in The Cheesecake Factory Incorporated (NASDAQ:CAKE) for 30,055 shares. San Francisco Sentry Investment Grp (Ca) owns 200 shares or 0% of their US portfolio. Commonwealth Of Pennsylvania Pub School Empls Retrmt invested in 11,504 shares or 0.01% of the stock.

Since April 30, 2018, it had 2 insider buys, and 7 sales for $6.64 million activity. Shares for $53,206 were sold by SLOMANN CHERYL on Monday, August 27. Ames Edie A bought $26,415 worth of stock. OVERTON DAVID also sold $4.84M worth of The Cheesecake Factory Incorporated (NASDAQ:CAKE) on Monday, April 30.

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. The stock of The Cheesecake Factory Incorporated (NASDAQ:CAKE) has “Hold” rating given on Friday, June 22 by Maxim Group. Barclays Capital maintained the stock with “Equal-Weight” rating in Wednesday, August 1 report. The stock has “Neutral” rating by Bank of America on Thursday, June 14. The firm has “Hold” rating given on Wednesday, April 25 by Jefferies. The rating was maintained by Bank of America with “Neutral” on Tuesday, July 24. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, August 1. Robert W. Baird maintained the shares of CAKE in report on Wednesday, July 25 with “Neutral” rating. Barclays Capital maintained the shares of CAKE in report on Wednesday, July 18 with “Equal-Weight” rating. The firm has “Equal-Weight” rating given on Thursday, April 26 by Morgan Stanley. The firm earned “Hold” rating on Thursday, April 19 by Canaccord Genuity.

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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