Wedbush Lowers Earnings Estimates for Cheesecake Factory

The Cheesecake Factory Incorporated (NASDAQ:CAKE) – Wedbush reduced their Q1 2025 earnings per share (EPS) estimates for shares of Cheesecake Factory in a note issued to investors on Thursday, February 20th. Wedbush analyst N. Setyan now anticipates that the restaurant operator will post earnings of $0.77 per share for the quarter, down from their previous forecast of $0.90. Wedbush currently has a “Outperform” rating and a $61.00 target price on the stock. The consensus estimate for Cheesecake Factory’s current full-year earnings is $3.70 per share. Wedbush also issued estimates for Cheesecake Factory’s Q2 2025 earnings at $1.08 EPS, Q3 2025 earnings at $0.60 EPS, Q1 2026 earnings at $0.89 EPS, Q2 2026 earnings at $1.22 EPS, Q3 2026 earnings at $0.69 EPS and FY2026 earnings at $4.24 EPS.

A number of other brokerages have also weighed in on CAKE. The Goldman Sachs Group raised their price target on shares of Cheesecake Factory from $56.00 to $64.00 and gave the company a “buy” rating in a report on Thursday, February 6th. Wells Fargo & Company lifted their target price on Cheesecake Factory from $45.00 to $52.00 and gave the company an “equal weight” rating in a research note on Thursday. Raymond James upped their price target on Cheesecake Factory from $51.00 to $56.00 and gave the company an “outperform” rating in a research note on Monday, December 16th. StockNews.com lowered Cheesecake Factory from a “buy” rating to a “hold” rating in a research report on Thursday, November 28th. Finally, Morgan Stanley boosted their price objective on Cheesecake Factory from $37.00 to $40.00 and gave the stock an “underweight” rating in a report on Thursday. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $52.19.

Cheesecake Factory Stock Up 1.3 %

Shares of NASDAQ:CAKE opened at $54.97 on Friday. The company has a quick ratio of 0.33, a current ratio of 0.44 and a debt-to-equity ratio of 1.19. The firm has a market cap of $2.81 billion, a P/E ratio of 17.18, a P/E/G ratio of 1.30 and a beta of 1.51. Cheesecake Factory has a 12 month low of $33.05 and a 12 month high of $57.32. The company’s 50-day moving average price is $51.06 and its two-hundred day moving average price is $45.31.

Cheesecake Factory (NASDAQ:CAKE) last posted its quarterly earnings data on Wednesday, February 19th. The restaurant operator reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.13. Cheesecake Factory had a return on equity of 45.89% and a net margin of 4.38%. The company had revenue of $920.96 million for the quarter, compared to analyst estimates of $912.67 million.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Lido Advisors LLC raised its holdings in shares of Cheesecake Factory by 2.0% during the fourth quarter. Lido Advisors LLC now owns 10,805 shares of the restaurant operator’s stock worth $513,000 after acquiring an additional 215 shares during the period. Summit Investment Advisors Inc. boosted its stake in Cheesecake Factory by 4.7% in the 4th quarter. Summit Investment Advisors Inc. now owns 5,051 shares of the restaurant operator’s stock worth $240,000 after purchasing an additional 228 shares during the period. Truist Financial Corp increased its holdings in Cheesecake Factory by 3.3% during the 4th quarter. Truist Financial Corp now owns 8,045 shares of the restaurant operator’s stock worth $382,000 after purchasing an additional 257 shares in the last quarter. Blair William & Co. IL raised its stake in shares of Cheesecake Factory by 5.2% in the 4th quarter. Blair William & Co. IL now owns 5,772 shares of the restaurant operator’s stock valued at $274,000 after purchasing an additional 283 shares during the period. Finally, Versant Capital Management Inc lifted its holdings in shares of Cheesecake Factory by 108.1% in the fourth quarter. Versant Capital Management Inc now owns 616 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 320 shares in the last quarter. Institutional investors own 94.48% of the company’s stock.

Cheesecake Factory Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 18th. Investors of record on Wednesday, March 5th will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend 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 33.75%.

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.