Cheesecake Factory Inc. (NASDAQ: CAKE) is -2.20% lower on its value in year-to-date trading and has touched a low of $28.58 and a high of $41.25 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CAKE stock was last observed hovering at around $35.10 in the last trading session, with the day’s loss setting it -0.86%.
Currently trading at $34.24, the stock is -10.28% and -11.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.59 million and changing -2.45% at the moment leaves the stock -2.94% off its SMA200. CAKE registered -5.18% loss for a year compared to 6-month gain of -3.33%.
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The stock witnessed a -8.77% loss in the last 1 month and extending the period to 3 months gives it a 1.69%, and is -10.48% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.28% over the week and 3.59% over the month.
Cheesecake Factory Inc. (CAKE) has around 47900 employees, a market worth around $1.74B and $3.50B in sales. Current P/E ratio is 14.36 and Fwd P/E is 9.60. Profit margin for the company is 3.32%. Distance from 52-week low is 19.80% and -16.99% from its 52-week high. The company has generated returns on investments over the last 12 months (5.68%).
The EPS is expected to grow by 19.48% this year.
Cheesecake Factory Inc. (CAKE) Top Institutional Holders
The shares outstanding are 50.65M, and float is at 47.11M with Short Float at 12.87%.
Cheesecake Factory Inc. (CAKE) Insider Activity
The most recent transaction is an insider sale by Carango Keith,the company’sPRESIDENT (SUBSIDIARY). SEC filings show that Carango Keith sold 3,785 shares of the company’s common stock on May 14 ’24 at a price of $40.10 per share for a total of $0.15 million. Following the sale, the insider now owns 28072.0 shares.
