EPS for Cheesecake Factory Inc (CAKE) Expected At $0.86

July 17, 2017 - By Adrian Erickson

 EPS for Cheesecake Factory Inc (CAKE) Expected At $0.86
Investors sentiment increased to 1.09 in Q4 2016. Its up 0.08, from 1.01 in 2016Q3. It is positive, as 24 investors sold Cheesecake Factory Inc shares while 99 reduced holdings. 51 funds opened positions while 83 raised stakes. 44.02 million shares or 4.42% more from 42.16 million shares in 2016Q3 were reported.
Dekabank Deutsche Girozentrale accumulated 84,200 shares. Convergence Prtnrs Ltd owns 0.22% invested in Cheesecake Factory Inc (NASDAQ:CAKE) for 26,645 shares. Jefferies Grp Limited Liability Corp holds 0% or 4,504 shares in its portfolio. 15,825 were reported by Thomas White Ltd. Whittier invested 0% of its portfolio in Cheesecake Factory Inc (NASDAQ:CAKE). 35,431 were reported by Dynamic Capital Mgmt Ltd. Bamco accumulated 0.19% or 550,000 shares. Cornerstone Mgmt Limited Company owns 13,500 shares. Riverhead Lc holds 0.01% or 1,700 shares. Weaver C Barksdale & Associates invested 0.02% in Cheesecake Factory Inc (NASDAQ:CAKE). Schwab Charles Invest Management has invested 0.02% of its portfolio in Cheesecake Factory Inc (NASDAQ:CAKE). Mutual Of America Capital Management Limited Company owns 34,454 shares for 0.04% of their portfolio. Blackrock Ltd Llc invested in 175,619 shares. Sei owns 76,944 shares. Princeton Alpha Management L P reported 0.28% of its portfolio in Cheesecake Factory Inc (NASDAQ:CAKE).

Since February 10, 2017, it had 1 insider buy, and 11 selling transactions for $2.92 million activity. ZURZOLO DEBBY R also sold $99,024 worth of Cheesecake Factory Inc (NASDAQ:CAKE) shares. 13,422 shares were sold by BENN DOUG, worth $832,164 on Wednesday, March 8. 3,444 shares were sold by SLOMANN CHERYL, worth $212,288 on Monday, March 6. PITTAWAY DAVID BRUCE bought $23,288 worth of stock. KRANSDORF JEROME I sold $773,653 worth of stock.

Analysts await Cheesecake Factory Inc (NASDAQ:CAKE) to report earnings on July, 26. They expect $0.86 EPS, up 10.26 % or $0.08 from last year’s $0.78 per share. CAKE’s profit will be $41.45 million for 14.72 P/E if the $0.86 EPS becomes a reality. After $0.72 actual EPS reported by Cheesecake Factory Inc for the previous quarter, Wall Street now forecasts 19.44 % EPS growth. The stock increased 1.26% or $0.63 during the last trading session, reaching $50.63. About 820,425 shares traded. Cheesecake Factory Inc (NASDAQ:CAKE) has risen 21.63% since July 18, 2016 and is uptrending. It has outperformed by 4.93% the S&P500.

Cheesecake Factory Inc (NASDAQ:CAKE) Ratings Coverage

Among 15 analysts covering The Cheesecake Factory Incorporated (NASDAQ:CAKE), 4 have Buy rating, 1 Sell and 10 Hold. Therefore 27% are positive. The Cheesecake Factory Incorporated had 30 analyst reports since July 24, 2015 according to SRatingsIntel. Nomura initiated the stock with “Hold” rating in Wednesday, July 12 report. The stock of Cheesecake Factory Inc (NASDAQ:CAKE) earned “Hold” rating by Jefferies on Tuesday, June 13. The firm earned “Hold” rating on Tuesday, June 20 by Argus Research. As per Tuesday, February 9, the company rating was initiated by Maxim Group. The stock has “Buy” rating by BTIG Research on Tuesday, October 27. Telsey Advisory Group maintained it with “Outperform” rating and $66 target in Thursday, February 23 report. The firm has “Hold” rating by Maxim Group given on Tuesday, November 15. The stock of Cheesecake Factory Inc (NASDAQ:CAKE) earned “Hold” rating by Canaccord Genuity on Wednesday, June 14. The rating was upgraded by Argus Research on Tuesday, November 15 to “Buy”. The company was maintained on Tuesday, October 27 by Telsey Advisory Group.

The Cheesecake Factory Incorporated is engaged in the restaurant and bakery business. The company has market cap of $2.44 billion. 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. It has a 17.73 P/E ratio. The Company’s divisions include The Cheesecake Factory restaurants, and other.

More notable recent Cheesecake Factory Inc (NASDAQ:CAKE) news were published by: Bloomberg.com which released: “Cheesecake Factory Is the Restaurant Slump’s Latest Victim” on June 13, 2017, also Fool.com with their article: “Why Shares of The Cheesecake Factory Incorporated Fell 15% in June” published on July 11, 2017, Seekingalpha.com published: “The Cheesecake Factory Is A Value Stock Now” on June 26, 2017. More interesting news about Cheesecake Factory Inc (NASDAQ:CAKE) were released by: Benzinga.com and their article: “‘Blame It On The Rain’: Argus Downgrades Cheesecake Factory On Weak Comps From …” published on June 20, 2017 as well as Schaeffersresearch.com‘s news article titled: “Short Sellers Sink their Teeth into Struggling Cheesecake Factory Stock” with publication date: July 05, 2017.

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