The Cheesecake Factory Inc. (NASDAQ: CAKE) has reported E.P.S. of $1.10 for its second fiscal quarter (ending June 30) versus $0.88 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $2.43 versus $1.34 for the same period a year ago.
Recent Price Action
The Cheesecake Factory Inc. (NASDAQ: CAKE) stock declined slightly by -0.08% on 7/31/24. The stock closed at $38.89. Moreover, this decline was accompanied by unusually high trading volume at 156% of normal. The stock is unchanged during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, CAKE is expected to continue to be a major Value Builder.
Cheesecake Factory has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Cheesecake Factory has a poor Appreciation Score of 30 but a good Power Rating of 71, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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