Analyst Ratings For Cheesecake Factory
Portfolio Pulse from Benzinga Insights
Analyst ratings for Cheesecake Factory (NASDAQ:CAKE) show a mix of opinions, with recent updates indicating a shift towards a more positive outlook. The average 12-month price target has increased to $35.75, up from $32.50, with analysts from Piper Sandler, Barclays, Wedbush, and JP Morgan adjusting their ratings and price targets. Cheesecake Factory's financial performance is highlighted by a revenue growth rate of 5.89%, a net margin of 2.16%, an ROE of 5.54%, and an ROA of 0.65%, despite a high debt-to-equity ratio of 5.79.
February 22, 2024 | 7:00 pm
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POSITIVE IMPACT
Cheesecake Factory has received mixed analyst ratings, but the average 12-month price target has been raised to $35.75. The company's financials show solid growth and profitability metrics.
The increase in the average price target and positive adjustments in ratings by analysts from reputable firms suggest a bullish outlook for Cheesecake Factory in the short term. The company's strong financial performance, as indicated by its revenue growth, net margin, ROE, and ROA, supports this positive sentiment. However, the high debt-to-equity ratio is a concern that investors should monitor.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100