Zacks Rating on The Cheesecake Factory Incorporated (CAKE)

The Cheesecake Factory Incorporated (CAKE) : 4 brokerage houses believe that The Cheesecake Factory Incorporated (CAKE) is a Strong Buy at current levels. 9 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on The Cheesecake Factory Incorporated (CAKE). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 14 Wall Street Analysts endorse the stock as a Hold with a rating of 2.57.

The Cheesecake Factory Incorporated (CAKE) : The highest level The Cheesecake Factory Incorporated (CAKE) is projected to reach is $60 for the short term and the lowest estimate is at $43. The consolidated price target from 10 rating analysts who initiate coverage on the stock is $53.8 and the possibility the share price can swing is $4.83.


Shares of The Cheesecake Factory Incorporated appreciated by 0.81% during the last five trading days but lost 0.32% on a 4-week basis. The Cheesecake Factory Incorporated is up 6.58% in the last 3-month period. Year-to-Date the stock performance stands at 15.35%. The Cheesecake Factory Incorporated (NASDAQ:CAKE): stock turned positive on Tuesday. Though the stock opened at $52.33, the bulls momentum made the stock top out at $52.53 level for the day. The stock recorded a low of $52.075 and closed the trading day at $52.52, in the green by 0.81%. The total traded volume for the day was 319,549. The stock had closed at $52.1 in the previous days trading.

The Cheesecake Factory Incorporated is engaged in the restaurant and bakery business. The Company operates approximately 189 Company-owned restaurants: 177 under The Cheesecake Factory mark, 11 under the Grand Lux Cafe mark and one under the RockSugar Pan Asian Kitchen mark. It also operates two bakery production facilities, which produce desserts for its restaurants, international licensees and third-party bakery customers. The Company sells baked goods internationally under both The Cheesecake Factory and The Dream Factory brands in 24 countries, including to licensed The Cheesecake Factory restaurants. Items produced for outside accounts are marketed under The Cheesecake Factory brand, The Dream Factory brand, The Cheesecake Factory Bakery brand and other private labels.

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