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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 $36.15, down 0.6% from the previous day, and has increased 4.6% in one year. It has underperformed other stocks in the Restaurants industry by 0.36 percentage points. Cheesecake Factory stock is currently +26.49% from its 52-week low of $28.58, and -5.34% from its 52-week high of $38.19.

At the moment, there are 51.12M CAKE shares outstanding. The market value of CAKE is $1.85B. In the past 24 hours, 578,065 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.

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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 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
$36.15
1w %
2.64%
1y %
4.6%
5y %
-25.46%
P/E
17.21x
P/B
5.81x
P/S
0.51x
PEG
0.31x
Revenue
$3.44B
Earnings
$101.35M
Fore. Rev. Growth
5.86%
Fore. Earn. Growth
60.95%
Market Cap
$1.85B
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 undervalued based on its P/E ratio of 17.21x, relative to Restaurants industry P/E ratio of 49.44x
  • CAKE could be undervalued based on its P/B ratio of 5.81x, relative to Restaurants industry P/B ratio of -396.6x
  • CAKE may be undervalued based on its PEG ratio of 0.31x

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

Is CAKE a healthy company?

Passed Financial Due Diligence Checks:

  • CAKE profit margin has gone up from 1.3% to 2.9% in the past year.
  • CAKE earnings of $108.57M is not enough to cover its interest payments.

Failed Financial Due Diligence Checks:

  • CAKE has a relatively high debt to equity ratio of 7.93.
  • CAKE's operating cash flow of $218.40M allows it to safely service it's debt of $1.86B.
  • There are more short-term liabilities than short-term assets on the CAKE balance sheet.
  • Total CAKE debt is higher than 5 years ago, relative to shareholder equity.
  • There are more long-term liabilities than short-term assets on the CAKE balance sheet.

Do analysts think it's a good time to buy Cheesecake Factory stock

Out of 9 Equities analysts who give forecasts on CAKE, the consensus analyst rating on CAKE is a Hold

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

Most Recent CAKE Analyst Recommendations

Lauren Silberman, a top 5% analyst from Deutsche Bank initiates coverage on CAKE with a hold rating and announces their CAKE price target of $32.00, on Oct 19, 2023.

Jon Tower, a top 7% analyst from Citigroup maintains CAKE with a hold rating and lowers their CAKE price target from $39.00 to $33.00, on Oct 18, 2023.

John Glass, a top 19% analyst from Morgan Stanley maintains CAKE with a strong sell rating and lowers their CAKE price target from $31.00 to $28.00, on Oct 11, 2023.

Katherine Griffin, a bottom 16% analyst from Bank of America reinstates CAKE with a hold rating and announces their CAKE price target of $33.00, on Oct 5, 2023.

You can dig deeper into what analysts are saying on the Cheesecake Factory stock forecast page.

CAKE Trading Indicators

SMA10
35.55
SMA20
35.88
SMA50
35.09
SMA100
34.1
SMA200
33.35
MACD
0.09
MACD Signal
0.17
MACD Histogram
-0.08
RSI
54.59
Stochastic %K
43.7
Stochastic %D
23.7
StochRSI %K
47.68
StochRSI %D
24.51

CAKE Performance Numbers

Last year, CAKE earnings were $101.35M. Over the past 5 year, CAKE's earnings have grown by -0.84% per year. This was slower than the Restaurants industry average of 15.9%.

Last year, CAKE revenue was $3.44B. During the last 5 year, CAKE's revenue has gone up by 8.08% per year. This was slower than the Restaurants industry average of 9.09%.

Dive into CAKE's earnings and revenue performance here.

Latest Insiders Trades at CAKE

In the last 12 months, executives and large shareholders at CAKE have sold more shares than they have bought.

Keith Carango, PRESIDENT SUBSIDIARY of CAKE, was the latest CAKE insider to sell. They sold $12,679.59 worth of CAKE shares on Feb 20, 2024.

Research more about who owns CAKE shares here.

Can I rely on CAKE as an income stream?

Cheesecake Factory pays a dividend of 2.99%, compared to the Restaurants industry's average dividend yield of 2.65%. If you owned $1,000 worth of CAKE stock, you would have received $29.88 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.

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Step 5: Place your CAKE purchase

You have two main order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at an exact dollar amount limit, use a limit order.

Hit the Open button and your broker will place the order.

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Step 6: Track your CAKE investment

Now that you own some shares in CAKE, you'll want to keep up with your investment.

Make a watchlist to get notified of important updates regarding your CAKE stock.

CAKE Feed

How to Buy Stock in Cheesecake Factory

To reiterate, here are the 6 steps you need to take to buy Cheesecake Factory stock right now:

  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

If you require a brokerage account, eToro is our recommended option.

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If you would like to watch your investment in Cheesecake Factory, create your watchlist below.

NASDAQ: CAKE
$36.15-0.22 (-0.6%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: CAKE
$36.15-0.22 (-0.6%)
Updated Mar 28, 2024
Open eToro Account

FAQ

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

As of Mar 28, 2024, it costs $36.15 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 0.277 shares of CAKE.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Cheesecake Factory stock?

According to 9 Wall Street analysts who monitor Cheesecake Factory, their consensus recommendation is to hold 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.