Expert Outlook: Cheesecake Factory Through The Eyes Of 7 Analysts
Portfolio Pulse from Benzinga Insights
Cheesecake Factory (NASDAQ:CAKE) received mixed ratings from 7 analysts, with a shift towards a more bearish stance in the last 30 days. The average 12-month price target is $32.14, down 5.47% from the previous average. Analysts from firms like JP Morgan, Wedbush, Piper Sandler, Barclays, and Stephens & Co. have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Cheesecake Factory's financial indicators show a revenue growth of 5.89%, a high net margin of 2.16%, and an ROE of 5.54%, but a lower ROA of 0.65% and a high debt-to-equity ratio of 5.79.
January 23, 2024 | 3:00 pm
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NEGATIVE IMPACT
Cheesecake Factory has received mixed analyst ratings with a recent bearish trend. The average price target has decreased, indicating potential pressure on the stock price. Financials show growth and profitability but also highlight debt management concerns.
The recent bearish trend in analyst ratings and the decrease in the average price target suggest a potential negative impact on Cheesecake Factory's stock price in the short term. The company's strong profitability metrics may provide some support, but the high debt-to-equity ratio could raise concerns among investors, potentially leading to a negative short-term impact on the stock.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100