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How to Buy Cheesecake Factory Stock

Cheesecake Factory Inc

The Cheesecake Factory Incorporated operates restaurants. It operates two bakeries that produces cheesecakes and other baked products for its restaurants, international licensees, third-party bakery customers, external foodservice operators, retailers, and distributors.

Cheesecake Factory stock last closed at $35.05, down 0.43% from the previous day, and has decreased 11.91% in one year. It has underperformed other stocks in the Restaurants industry by 0.16 percentage points. Cheesecake Factory stock is currently +34.55% from its 52-week low of $26.05, and -15.09% from its 52-week high of $41.28.

At the moment, there are 51.65M CAKE shares outstanding. The market value of CAKE is $1.81B. In the past 24 hours, 705,099 CAKE shares were traded.

How to Buy Cheesecake Factory Stock

Not sure how to invest in Cheesecake Factory stock? Here's how.
  1. Figure out where to buy Cheesecake Factory stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Cheesecake Factory stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Select your method of payment and add your information.
  4. Research Cheesecake Factory stock: The Cheesecake Factory ticker symbol is CAKE. Is Cheesecake Factory stock a good investment? Should you buy shares of CAKE? How do CAKE's underlying business fundamentals look? Do top analysts think Cheesecake Factory is a good buy? Why has CAKE's stock price moved recently? (Hint: Our stock analysis website can help you understand if CAKE is a good stock to buy).
  5. Place your CAKE purchase: Decide if you will purchase CAKE shares at the current market price or use a limit order to buy CAKE shares at a particular price.
  6. Track your CAKE investment: Create a watchlist to the latest updates on your position in Cheesecake Factory shares.

Step 1: Figure out where to buy Cheesecake Factory stock

You will need a brokerage account to access the NASDAQ market and buy CAKE stock.

A brokerage account enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected your brokerage, it's time to fill out some personal details so you can invest in CAKE today.

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Step 3: Deposit money your brokerage account

Now that you've finished signing up on the best stock trading app for beginners, you need to deposit funds:

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Step 4: Research Cheesecake Factory stock

After you have selected the best place to buy Cheesecake Factory stock, it's critical to research their stock prior to investing, so you truly understand the risk as well as the opportunity.

Overview of key CAKE info

CAKE Price
$35.05
1w %
3.51%
1y %
-11.91%
5y %
-26.16%
P/E
40.29x
P/B
6.2x
P/S
0.53x
PEG
N/A
Revenue
$3.30B
Earnings
$43.12M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$1.81B
Next Earnings
N/A
Next Dividend
N/A

Cheesecake Factory Due Diligence Checks

WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on CAKE's stock page.

How is CAKE stock valued?

Analysts use many financial metrics, analyses, models, and charts to gauge CAKE's fair value.

Using relative valuations methods:

  • CAKE could be overvalued based on its P/E ratio of 40.29x, relative to Restaurants industry P/E ratio of 32.54x
  • CAKE could be undervalued based on its P/B ratio of 6.2x, relative to Restaurants industry P/B ratio of -263.37x

You can do more valuation research on CAKE's stock here.

CAKE Financial Health Summary

Passed Financial Due Diligence Checks:

  • CAKE earnings of $38.94M is not enough to cover its interest payments.

Failed Financial Due Diligence Checks:

  • CAKE profit margin has gone down from 1.7% to 1.3% in the past year.
  • Total CAKE debt is higher than 5 years ago, relative to shareholder equity.
  • CAKE's operating cash flow of $161.93M allows it to safely service it's debt of $1.84B.
  • There are more short-term liabilities than short-term assets on the CAKE balance sheet.
  • CAKE has a relatively high debt to equity ratio of 8.5.
  • There are more long-term liabilities than short-term assets on the CAKE balance sheet.

Is Cheesecake Factory stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 11 sell side analysts who give recommendations on CAKE, the consensus analyst rating on Cheesecake Factory is a Sell

Please note that analyst forecasts are not stock recommendations, nor are they investment advice.

Latest CAKE Analyst Recommendations

John Ivankoe, a top 7% analyst from JP Morgan maintains CAKE with a hold rating and raises their CAKE price target from $35.00 to $38.00, on Mar 3, 2023.

Lauren Silberman, a top 5% analyst from Credit Suisse maintains CAKE with a hold rating and raises their CAKE price target from $37.00 to $42.00, on Feb 23, 2023.

David Tarantino, a top 6% analyst from Baird maintains CAKE with a hold rating and raises their CAKE price target from $33.00 to $39.00, on Feb 23, 2023.

Jeffrey A. Bernstein, a top 6% analyst from Barclays maintains CAKE with a strong sell rating and raises their CAKE price target from $28.00 to $30.00, on Feb 23, 2023.

Joshua Long, a top 13% analyst from Stephens & Co. maintains CAKE with a strong buy rating and raises their CAKE price target from $38.00 to $40.00, on Feb 23, 2023.

You can dive deeper into what analysts are forecasting on the Cheesecake Factory stock forecast page.

CAKE Trading Indicators

SMA10
34.55
SMA20
35.07
SMA50
37.33
SMA100
35.96
SMA200
33.29
MACD
-0.7
MACD Signal
-0.83
MACD Histogram
0.13
RSI
45.21
Stochastic %K
66.44
Stochastic %D
54.65
StochRSI %K
97.25
StochRSI %D
86.18

CAKE Performance Metrics

Last year, CAKE earnings were $43.12M. During the last 5 year, CAKE's earnings have grown by -23.63% per year. This was slower than the Restaurants industry average of 5.76%.

Last year, CAKE revenue was $3.30B. In the last five year, CAKE's revenue has gone up by 7.88% per year. This was slower than the Restaurants industry average of 8.12%.

Find out more about CAKE's earnings and revenue performance here.

What are CAKE executives and large shareholders up to?

Over the past year, insiders at CAKE have sold more shares than they have bought.

Matthew Eliot Clark, EXEC VP CFO of CAKE, was the latest CAKE insider to sell. They sold $34,566.20 worth of CAKE shares on Feb 18, 2023.

Dig into more about who owns CAKE stock here.

Can I rely on CAKE as an income stream?

Cheesecake Factory pays a dividend of 3.08%, compared to the Restaurants industry's average dividend yield of 2.34%. If you owned $1,000 of CAKE stock, you would have been paid $30.81 last year.

Cheesecake Factory dividend payments have consistently grown over the past decade but have not remained stable.

Get more info about Cheesecake Factory dividend yield and history here.

CAKE Social Trading Data

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Step 5: Place your CAKE purchase

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally fine.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a particular price, place a limit order.

Hit the Open Trade button and eToro will execute the order.

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Step 6: Track your CAKE investment

Now that you own some CAKE shares, you'll want to stay up-to-date on your investment.

Start a watchlist to track your CAKE stock.

CAKE Feed

How to Buy Stock in Cheesecake Factory

To summarize, here are the 6 steps for buying Cheesecake Factory stock:

  1. Figure out where to buy Cheesecake Factory stock
  2. Create your brokerage account
  3. Deposit money your brokerage account
  4. Research Cheesecake Factory stock
  5. Place your CAKE purchase
  6. Track your CAKE investment

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If you want to get the latest scoop on your new investment in Cheesecake Factory, add CAKE to your watchlist below.

NASDAQ: CAKE
$35.05-0.15 (-0.43%)
Updated Mar 31, 2023
Open eToro Account
NASDAQ: CAKE
$35.05-0.15 (-0.43%)
Updated Mar 31, 2023
Open eToro Account

FAQ

How much does it cost to buy one Cheesecake Factory share?

As of Mar 31, 2023, it costs $35.05 to buy one share of Cheesecake Factory stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.285 shares of CAKE.

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Is now a good time to buy Cheesecake Factory stock?

According to 11 Wall Street analysts who monitor Cheesecake Factory, their consensus recommendation is to sell Cheesecake Factory stock.

What is the best way to buy Cheesecake Factory stock?

One way to place an order for Cheesecake Factory stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.