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.
- 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.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Select your method of payment and add your information.
- 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).
- 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.
- 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.
Our recommended brokerage: eToro
In our opinion, eToro is the best stock brokerage. eToro gives you:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global financial markets: From Technology to Financial Services, New York to Shanghai — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 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.
How to Set Up a New Investment Account on eToro
- Click here to get started.
- Input your personal details to start a new trading account.
- Submit your application by pressing the "Create Account" button.
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:
Watch this video walkthrough if you need help transferring funds into your new investment account.
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
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
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
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
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.
If you want more help with investing in stocks on eToro, watch the how to video below:
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:
- Figure out where to buy Cheesecake Factory stock
- Create your brokerage account
- Deposit money your brokerage account
- Research Cheesecake Factory stock
- Place your CAKE purchase
- Track your CAKE investment
If you need a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Cheesecake Factory, add CAKE to your watchlist below.
More Articles You May Find Useful
FAQ
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeInformation 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.