The Cheesecake Factory Inc. (NASDAQ: CAKE) has reported E.P.S. of $0.63 for its third fiscal quarter (ending September 30) versus $0.37 for the same period a year ago — an increase of 70%. For the latest four quarters through September 30, E.P.S. were $2.69 compared to $1.76 a year ago — an increase of 53%.
Recent Price Action
The Cheesecake Factory Inc. (NASDAQ: CAKE) stock closed at $42.86 on 10/29/24 after a slight decline of -0.9%. Moreover, trading volume in this decline was unusually high at 165% of normal. Relative to the market the stock has been strong over the last nine months and has risen 1.0% during the last week.
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 (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Cheesecake Factory has a poor Appreciation Score of 30 but a slightly positive Power Rating of 66, with the Low 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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