Cheesecake Factory (CAKE)

• Market cap: $2.47B
• 1 day: -0.33%
• 5 days: -3.38%
• 1 month: 3.73%
• 3 months: 24.89%
• 6 months: 19.61%
• Year to date: 40.77%
• 1 year: 39.39%
• 5 years: 21.90%
• 10 years: -1.93%
• Sector: Consumer Discretionary
• Industry: Eating Places

About: Cheesecake Factory Inc owns and operates restaurants in the United States and Canada under brands that include The Cheesecake Factory, North Italia, and a collection within the Fox Restaurants Concepts subsidiary. The company's international presence, in the Middle East and Mexico, is through licensing agreements with third parties. The company also has a bakery division that produces cheesecakes and other baked products for sale in its restaurants, international licensees, and third-party bakery customers. The company has four operating business segments: The Cheesecake Factory restaurants, North Italia, other FRC, and Flower Child. Majority of the company's revenue comes from The Cheesecake Factory restaurants segment.

Employees: 47,900

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

37% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 30

4% more funds holding

Funds holding: 259 [Q2] → 270 (+11) [Q3]

3% more call options, than puts

Call options by funds: $18.9M | Put options by funds: $18.3M

0% more capital invested

Capital invested by funds: $1.88B [Q2] → $1.89B (+$4.44M) [Q3]

2.55% less ownership

Funds ownership: 93.98% [Q2] → 91.43% (-2.55%) [Q3]

20% less repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 96

50% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $36 26% downside
• Avg. target: $51 5% upside
• High target: $59 22% upside

11 analyst ratings

• positive: 6 55%
• neutral: 3 27%
• negative: 2 18%

Jefferies Andy Barish 60% 1-year accuracy 6 / 10 met price target	20% upside $58	Buy Maintained	16 Dec 2024
Raymond James Brian Vaccaro 63% 1-year accuracy 10 / 16 met price target	16% upside $56	Outperform Maintained	16 Dec 2024
Stephens & Co. Jim Salera 23% 1-year accuracy 9 / 39 met price target	18% upside $57	Overweight Maintained	12 Dec 2024
Goldman Sachs Christine Cho 50% 1-year accuracy 23 / 46 met price target	16% upside $56	Buy Initiated	5 Dec 2024
Wedbush Nick Setyan 57% 1-year accuracy 54 / 95 met price target	22% upside $59	Outperform Maintained	14 Nov 2024