Cheesecake Factory downgraded by JP Morgan with a new price target
$CAKE
Restaurants
Consumer Discretionary
JP Morgan downgraded Cheesecake Factory from Neutral to Underweight and set a new price target of $33.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/15/2024 | $44.00 → $50.00 | Overweight | Stephens |
| 5/10/2024 | $38.00 → $47.00 | Neutral → Buy | Citigroup |
| 5/9/2024 | $42.00 | Mkt Perform → Outperform | Raymond James |
| 4/12/2024 | $44.00 | Overweight | Stephens |
| 1/23/2024 | $33.00 | Neutral → Underweight | JP Morgan |
| 12/21/2023 | $34.00 → $40.00 | Neutral → Outperform | Wedbush |
| 10/19/2023 | $32.00 | Hold | Deutsche Bank |
| 10/5/2023 | $33.00 | Neutral | BofA Securities |
10-Q - CHEESECAKE FACTORY INC (0000887596) (Filer)
8-K - CHEESECAKE FACTORY INC (0000887596) (Filer)
10-Q - CHEESECAKE FACTORY INC (0000887596) (Filer)
The Cheesecake Factory Incorporated (NASDAQ:CAKE) today announced David Gordon, President, and Matthew Clark, Executive Vice President and Chief Financial Officer, will present at the following upcoming investor conferences: Morgan Stanley's Global Consumer & Retail Conference to be held December 3-4, 2024 in New York City, NY. Management will participate in a fireside chat on Tuesday, December 3rd at 11:45 a.m. ET and host investor meetings. The fireside chat will be webcast on the Company's website at investors.thecheesecakefactory.com and a replay of the webcast will be available for 30 days following the live presentation. Barclays 10th Annual Eat, Sleep, Play, Shop Conference to
The Cheesecake Factory Incorporated (NASDAQ:CAKE) today reported financial results for the third quarter of fiscal 2024, which ended on October 1, 2024. Total revenues were $865.5 million in the third quarter of fiscal 2024 compared to $830.2 million in the third quarter of fiscal 2023. Net income and diluted net income per share were $30.0 million and $0.61, respectively, in the third quarter of fiscal 2024. The Company recorded pre-tax net income of $2.5 million related to impairment of assets and lease termination income and Fox Restaurant Concepts ("FRC") acquisition-related expenses. Excluding the after-tax impact of these items, adjusted net income and adjusted net income per share
Cheesecake Rewards Members Can Enjoy Any Dessert for Half Price Monday, October 14 Through Thursday, October 17 on any Dine-in, Takeout or Delivery Order* The Cheesecake Factory® is celebrating National Dessert Day with a special offer for Cheesecake Rewards® members that's available for four days: Today through Thursday, October 17, Cheesecake Rewards members can enjoy any dessert for half price when dining in or ordering takeout or delivery*. This special offer is the perfect reason to treat yourself to any of The Cheesecake Factory's legendary desserts including the iconic Fresh Strawberry cheesecake or the newly introduced Triple Berry Bliss Cheesecake, or any Specialty Dessert like Li
4 - CHEESECAKE FACTORY INC (0000887596) (Issuer)
4 - CHEESECAKE FACTORY INC (0000887596) (Issuer)
4 - CHEESECAKE FACTORY INC (0000887596) (Issuer)
Cheesecake Factory (NASDAQ:CAKE) has been analyzed by 13 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 6 4 2 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 1 0 1 0 3M Ago 1 4 4 1 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $41.85, a high estimate of $50.00, and a low estimate of $32.00. Observing a 7.78% increase, the current a
Wedbush analyst Nick Setyan reiterates Cheesecake Factory (NASDAQ:CAKE) with a Outperform and maintains $45 price target.
Wedbush analyst Nick Setyan reiterates Cheesecake Factory (NASDAQ:CAKE) with a Outperform and maintains $45 price target.
SC 13G/A - CHEESECAKE FACTORY INC (0000887596) (Subject)
SC 13G/A - CHEESECAKE FACTORY INC (0000887596) (Subject)
SC 13G/A - CHEESECAKE FACTORY INC (0000887596) (Subject)
The Cheesecake Factory Incorporated (NASDAQ:CAKE) today reported financial results for the third quarter of fiscal 2024, which ended on October 1, 2024. Total revenues were $865.5 million in the third quarter of fiscal 2024 compared to $830.2 million in the third quarter of fiscal 2023. Net income and diluted net income per share were $30.0 million and $0.61, respectively, in the third quarter of fiscal 2024. The Company recorded pre-tax net income of $2.5 million related to impairment of assets and lease termination income and Fox Restaurant Concepts ("FRC") acquisition-related expenses. Excluding the after-tax impact of these items, adjusted net income and adjusted net income per share
The Cheesecake Factory Incorporated (NASDAQ:CAKE) today announced it will release third quarter fiscal 2024 financial results after market close on Tuesday, October 29, 2024. The Company will hold a conference call to discuss its results on the same day beginning at 2:00 p.m. Pacific Time. The conference call will be webcast and can be accessed on the Company's website, investors.thecheesecakefactory.com. A replay of the webcast will be available on the Company's website through November 28, 2024. About The Cheesecake Factory Incorporated The Cheesecake Factory Incorporated is a leader in experiential dining. We are culinary forward and relentlessly focused on hospitality. Delicious, memo
The Cheesecake Factory Incorporated (NASDAQ:CAKE) today reported financial results for the second quarter of fiscal 2024, which ended on July 2, 2024. Total revenues were $904.0 million in the second quarter of fiscal 2024 compared to $866.2 million in the second quarter of fiscal 2023. Net income and diluted net income per share were $52.4 million and $1.08, respectively, in the second quarter of fiscal 2024. The Company recorded a pre-tax net expense of $1.0 million related to Fox Restaurant Concepts ("FRC") acquisition-related expenses and impairment of assets and lease termination income. Excluding the after-tax impact of these items, adjusted net income and adjusted net income per
Cheesecake Rewards Members Can Enjoy Any Dessert for Half Price Monday, October 14 Through Thursday, October 17 on any Dine-in, Takeout or Delivery Order* The Cheesecake Factory® is celebrating National Dessert Day with a special offer for Cheesecake Rewards® members that's available for four days: Today through Thursday, October 17, Cheesecake Rewards members can enjoy any dessert for half price when dining in or ordering takeout or delivery*. This special offer is the perfect reason to treat yourself to any of The Cheesecake Factory's legendary desserts including the iconic Fresh Strawberry cheesecake or the newly introduced Triple Berry Bliss Cheesecake, or any Specialty Dessert like Li
Cheesecake Rewards Members Receive One Complimentary Slice of REESE'S Peanut Butter Chocolate Cake Cheesecake or HERSHEY'S Chocolate Bar Cheesecake with any Dine In, Takeout or Delivery Order of $40 or More Now Through Thursday, November 2 The Cheesecake Factory® (NASDAQ:CAKE) is giving out delicious treats – not tricks – to Cheesecake Rewards™ members in its annual fan-favorite Treat or Treat promotion. Today through Thursday, November 2, Cheesecake Rewards members will be treated to their choice of one complimentary slice of The Cheesecake Factory's legendary REESE'S® Peanut Butter Chocolate Cake Cheesecake or HERSHEY'S® Chocolate Bar Cheesecake with their dine-in, take-out or delivery
The Cheesecake Factory Incorporated (NASDAQ:CAKE) today announced changes to the Company's Board of Directors with the appointment of Adam S. Gordon as an independent director in place of Paul D. Ginsberg. Mr. Gordon currently serves as a managing director of Gordon Property Group, a real estate management and development company. In this role, he is in charge of marketing and strategic relationships for commercial buildings and other properties. Mr. Gordon also serves as President of ASG Global Entertainment, a production and marketing company he founded. Prior to establishing ASG Global Entertainment, Mr. Gordon held various roles of increasing responsibility with Sony Pictures Internati
Stephens reiterated coverage of Cheesecake Factory with a rating of Overweight and set a new price target of $50.00 from $44.00 previously
Citigroup upgraded Cheesecake Factory from Neutral to Buy and set a new price target of $47.00 from $38.00 previously
Raymond James upgraded Cheesecake Factory from Mkt Perform to Outperform and set a new price target of $42.00