Cheesecake FactoryCAKE
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)
58% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 26
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 (+$4.18M) [Q3]
2.57% less ownership
Funds ownership: 94.08% [Q2] → 91.51% (-2.57%) [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
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
UBS Dennis Geiger 40% 1-year accuracy 8 / 20 met price target | 16%downside $41 | Sell Maintained | 7 Jan 2025 |
Jefferies Andy Barish 58% 1-year accuracy 7 / 12 met price target | 19%upside $58 | Buy Maintained | 16 Dec 2024 |
Raymond James Brian Vaccaro 53% 1-year accuracy 8 / 15 met price target | 15%upside $56 | Outperform Maintained | 16 Dec 2024 |
Stephens & Co. Jim Salera 35% 1-year accuracy 15 / 43 met price target | 17%upside $57 | Overweight Maintained | 12 Dec 2024 |
Goldman Sachs Christine Cho 60% 1-year accuracy 28 / 47 met price target | 15%upside $56 | Buy Initiated | 5 Dec 2024 |
Financial journalist opinion
Based on 11 articles about CAKE published over the past 30 days
