The company presently has a consensus rating of "Hold" and an average target price of $48.18. Neuberger Berman Group Llc sold 727,588 shares as Cheesecake Factory Inc (CAKE)'s stock declined 4.69%. The firm has "Buy" rating given on Tuesday, October 27 by BTIG Research. The firm has "Equal-Weight" rating by Barclays Capital given on Wednesday, January 24. Barclays upped their price target on Cheesecake Factory from $47.00 to $48.00 and gave the stock an "equal weight" rating in a report on Wednesday, January 24th. Stock investors bought 2,573 call options on the company.
2/22/2018-Telsey Advisory Group was Downgraded by analysts at Telsey Advisory Group from a "Outperform " rating to a " Market Perform" rating. Cheesecake Factory Inc now has $2.07B valuation. Cheesecake Factory had a net margin of 5.76% and a return on equity of 21.65%. Canaccord Genuity has "Hold" rating and $54.0 target. Therefore 52% are positive. Revenue was reported as $2.26 billion. The firm has "Buy" rating given on Friday, December 1 by Robert W. Baird. Telsey Advisory Group maintained The Cheesecake Factory Incorporated (NASDAQ:CAKE) on Thursday, February 23 with "Outperform" rating. San Francisco Sentry Investment Group Inc (Ca) holds 0% of its portfolio in The Cheesecake Factory Incorporated (NASDAQ:CAKE) for 200 shares. The rating was maintained by Jefferies on Monday, November 13 with "Buy". Citigroup maintained Axalta Coating Systems Ltd. (NYSE:AXTA) on Monday, August 7 with "Buy" rating. The firm now has an "equal weight" rating on the restaurant operator's stock. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% in The Cheesecake Factory Incorporated (NASDAQ:CAKE). Canada Pension Plan Investment Board now owns 60,702 shares of the restaurant operator's stock worth $2,557,000 after buying an additional 38,800 shares during the period.
Several other brokerages have also commented on CAKE. It has a 8 P/E ratio. 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 stock increased 3.20% or $1.46 during the last trading session, reaching $47.07. About 1.66 million shares traded or 0.66% up from the average.
Korea's Ban on Japanese Seafood Imports
If so, the final decision is expected to be made by the higher panel in the summer at the earliest. Seoul then instituted a blanket ban on the same prefectures starting in September 2013.
Cheesecake Factory (NASDAQ:CAKE) last released its quarterly earnings data on Wednesday, February 21st. It has outperformed by 4.93% the S&P500.
It is down 0.00% since February 22, 2017 and is. Its down 0.30, from 1.28 in 2017Q2.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Sei Investments Com reported 0% in The Cheesecake Factory Incorporated (NASDAQ:CAKE). While take a short look on price to sales ratio, that was 0.93 and price to earning ration of 17.06 attracting passive investors.
Kent Police arrest man suspected of trying to rape barista
The suspect's boss recognized him in news coverage of the assault and called police to identify Reynolds. Police arrested Reynolds on Wednesday, Feb. 21, at the furniture warehouse where he worked.
The fast food restaurant chain posted earnings of $1.23 per share during its fiscal first quarter of 2018. Parkside Savings Bank & Trust has invested 0% in The Cheesecake Factory Incorporated (NASDAQ:CAKE). Lord Abbett And has invested 0.03% of its portfolio in The Cheesecake Factory Incorporated (NASDAQ:CAKE). Orrstown Fincl Incorporated holds 0% or 50 shares in its portfolio. Hillcrest Asset Management Llc, a Texas-based fund reported 310,378 shares. Palisade Cap Ltd Liability Nj has 144,927 shares.
Shares of Cheesecake Factory (CAKE) opened at $46.22 on Thursday. Apg Asset Mgmt Nv accumulated 1.03M shares or 0.1% of the stock. Metropolitan Life Insur owns 70,489 shares or 0.02% of their United States portfolio. Moreover, Riverbridge Ptnrs Limited Co has 0.36% invested in The Cheesecake Factory Incorporated (NASDAQ:CAKE). The California-based Wells Fargo & Communications Mn has invested 0.01% in The Cheesecake Factory Incorporated (NASDAQ:CAKE). Weiss Multi has 122,598 shares for 0.19% of their portfolio.
(ARCC) Position Increased by Maltese Capital Management LLC
Zacks Investment Research lowered Ares Capital from a "hold" rating to a "sell" rating in a research note on Monday, November 6th. Sumitomo Mitsui Asset Management invested in 0.17% or 655,426 shares. 101 funds opened positions while 417 raised stakes.