Cheesecake Factory Inc. (NASDAQ: CAKE) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that The Cheesecake Factory Reports Results for Fourth Quarter of Fiscal 2023.

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Stocks Info

The company is listed on the NASDAQ and operates within the Restaurants industry segment. At the end of the last regular session, the stock closed at $36.93 and fluctuated between $37.08 as its day high and $36.14 as its day low. The current market capitalization of Cheesecake Factory Inc. is $1.89B. A total of 1.17 million shares were traded on the day, compared to an average of 811.58K shares.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Cheesecake Factory Inc. pays an annual dividend of $1.08, resulting in a dividend yield of 2.92%, and it has a price to earnings (P/E) ratio of 17.93. CAKE’s most recent ex-dividend date was 3/5/2024 when it declared a $0.27 quarterly dividend that was paid in cash on 3/19/2024. Previously, the company paid the dividend on 11/28/2023 with an ex-dividend date of 11/14/2023. The CAKE stock dividend was $0.27 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, CAKE has a high of $38.19 and a low of $28.58.

As of this writing, CAKE has an earnings estimate of $0.63 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of $0.68 per share and a lower estimate of $0.56. The company reported an EPS of $0.39 in the last quarter, which was -9.30% lower than expectations of $0.43.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. CAKE’s latest balance sheet shows that the firm has $189.63M in Cash & Short Term Investments as of fiscal 2021. There were $1.82B in debt and $636.27M in liabilities at the time. Its Book Value Per Share was $6.28, while its Total Shareholder’s Equity was $330.17M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CAKE is Buy with a score of 3.13.

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