The Cheesecake Factory Incorporated (NASDAQ:CAKE) Reviewed By Analysts

Cheesecake Factory's Weak Trends Take A Slice Out Of Q2 Results

They now have a Dollars 48 price target on the stock. CAKE is now reaches at $44.84 after 1.75 million shares traded at hands. Robert W. Baird reiterated a "neutral" rating and set a $57.00 target price (down from $60.00) on shares of The Cheesecake Factory in a research report on Wednesday, June 14th. BidaskClub downgraded The Cheesecake Factory from a "sell" rating to a "strong sell" rating in a report on Thursday, July 27th. Maxim Group maintained the stock with "Buy" rating in Wednesday, June 14 report. Goldman Sachs Group, Inc. Morgan Stanley restated an "equal weight" rating and set a $56.00 price objective (down previously from $62.00) on shares of The Cheesecake Factory in a report on Wednesday, June 14th. The Cheesecake Factory presently has a consensus rating of "Hold" and a consensus target price of $56.00. They noted that the move was a valuation call.

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The Cheesecake Factory Incorporated (CAKE) will report its next earnings on Aug 02 AMC. Zurzolo, Exec VP let go of $379,658 worth of shares at a price of $59.10 on Thursday the 1st. Zurzolo now owns $1,591,505 of stock per an SEC filing yesterday.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Zacks Investment Research downgraded The Cheesecake Factory from a "hold" rating to a "sell" rating in a report on Monday, May 8th. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,621 shares of the restaurant operator's stock worth $103,000 after buying an additional 395 shares during the period. TrimTabs Asset Management LLC raised its stake in The Cheesecake Factory by 89.0% in the first quarter.

The share price of the company (NASDAQ:CAKE) was down -0.92% during the last trading session, with a high of 47.90 and the volume of The Cheesecake Factory Incorporated shares traded was 2316848. Vanguard Group Inc. boosted its position in shares of The Cheesecake Factory by 5.5% in the first quarter. Flinton Capital Management LLC now owns 2,688 shares of the restaurant operator's stock valued at $170,000 after buying an additional 28 shares during the last quarter. As of the end of the quarter Sg Americas Securities, LLC had bought 9,959 shares growing its position 118.0%. TrimTabs Asset Management LLC now owns 2,056 shares of the restaurant operator's stock valued at $130,000 after buying an additional 968 shares in the last quarter. Wellington Management Group LLP boosted its position in shares of The Cheesecake Factory by 3.9% in the first quarter. Rice Hall James & Associates, LLC now owns 408,952 shares worth $20,570,000.

Sanchez in line for Wembley after return to training
The Chile worldwide only returned to pre-season on Tuesday after being handed an extended break following the Confederations Cup. However, after the player met with Arsene Wenger this week, it looks like he will be with the club for another season.

The Calabasas Hills, California-based company said it had profit of 78 cents per share.

The Cheesecake Factory Incorporated (NASDAQ:CAKE) was down -0.92% (-$0.44) to $47.13 and showed a volume of 2.25 mln shares. The Cheesecake Factory has a 12-month low of $44.24 and a 12-month high of $67.14. The stock has a market cap of $2.05 billion, a PE ratio of 15.5591 and a beta of 0.32. Cheesecake Factory's 50-day average is $50.13 and its two hundred day average is $58.36. Analysts are forecasting earnings of $0.76 on a per share basis this quarter. The business had revenue of $563.43 million during the quarter, compared to analysts' expectations of $565.42 million. The Return on Equity (ROE) value stands at 23.3%. Equities research analysts expect that The Cheesecake Factory will post $2.84 EPS for the current fiscal year.

The Cheesecake Factory Incorporated, launched on February 13, 1992, is involved in the restaurant and bakery business.

The Cheesecake Factory Incorporated (CAKE) is an interesting player in the Services space, with a focus on Restaurants.

While looking at the Stock's Performance, The Cheesecake Factory Incorporated now shows a Weekly Performance of -5.62%, where Monthly Performance is -5.43%, Quarterly performance is -27.83%, 6 Months performance is -21.06% and yearly performance percentage is -9.11%.

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