Cheesecake Factory (CAKE) Receives Daily News Impact Rating of 0.13

Media headlines about Cheesecake Factory (NASDAQ:CAKE) have been trending somewhat positive this week, according to Accern. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cheesecake Factory earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned press coverage about the restaurant operator an impact score of 46.5526157916313 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:

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Cheesecake Factory (NASDAQ CAKE) opened at $49.31 on Friday. The company has a quick ratio of 0.42, a current ratio of 0.52 and a debt-to-equity ratio of 0.02. Cheesecake Factory has a one year low of $38.34 and a one year high of $67.14. The firm has a market cap of $2,260.00, a P/E ratio of 15.03, a price-to-earnings-growth ratio of 1.27 and a beta of 0.37.

Cheesecake Factory (NASDAQ:CAKE) last announced its quarterly earnings results on Wednesday, February 21st. The restaurant operator reported $0.53 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.53. Cheesecake Factory had a net margin of 6.96% and a return on equity of 20.30%. The firm had revenue of $571.80 million for the quarter, compared to analyst estimates of $567.80 million. During the same quarter in the previous year, the firm posted $0.67 earnings per share. The business’s revenue was down 5.2% on a year-over-year basis. equities research analysts expect that Cheesecake Factory will post 2.73 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 20th. Stockholders of record on Wednesday, February 28th will be given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date is Tuesday, February 27th. Cheesecake Factory’s dividend payout ratio is presently 35.37%.

CAKE has been the subject of a number of analyst reports. TheStreet upgraded shares of Cheesecake Factory from a “c+” rating to a “b” rating in a report on Friday, January 5th. Zacks Investment Research upgraded shares of Cheesecake Factory from a “hold” rating to a “buy” rating and set a $53.00 price objective for the company in a report on Tuesday, February 6th. BTIG Research boosted their price objective on shares of Cheesecake Factory to $55.00 and gave the company a “buy” rating in a report on Thursday, February 22nd. Morgan Stanley restated an “equal weight” rating and set a $49.00 price objective (down previously from $50.00) on shares of Cheesecake Factory in a report on Thursday, February 22nd. Finally, Barclays restated an “equal weight” rating and set a $47.00 price objective (up previously from $43.00) on shares of Cheesecake Factory in a report on Tuesday, January 16th. One analyst has rated the stock with a sell rating, sixteen have given a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $48.18.

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About Cheesecake Factory

The Cheesecake Factory Incorporated is engaged in the restaurant and bakery business. As of March 2, 2017, the Company operated 208 Company-owned restaurants: 194 under The Cheesecake Factory mark, 13 under the Grand Lux Cafe mark and one under the Rock Sugar Pan Asian Kitchen mark. The Company’s segments include The Cheesecake Factory restaurants, and other.

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