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NASDAQ: CAKE

How to Buy Cheesecake Factory Stock

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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 $32.02, down 3.67% from the previous day, and has decreased 22.36% in one year. It has underperformed other stocks in the Restaurants industry by 0.14 percentage points. Cheesecake Factory stock is currently +22.92% from its 52-week low of $26.05, and -28.29% from its 52-week high of $44.65.

At the moment, there are 51.42M CAKE shares outstanding. The market value of CAKE is $1.65B. In the past 24 hours, 1.19M 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. It's the best place to buy CAKE stock.
  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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  1. Click here to get started.
  2. Input your personal details to start a new trading account.
  1. Submit your application by pressing the "Create Account" button.
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Step 3: Deposit money your brokerage account

Check out the video below if you need help transferring funds into your new brokerage account.

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Step 4: Research Cheesecake Factory stock

It's important to research stocks before you invest, so you actually wrap your head around the risk as well as the opportunity.

Overview of key CAKE info

CAKE Price
$32.02
1w %
-11.98%
1y %
-22.36%
5y %
-35.46%
P/E
33.01x
P/B
5.09x
P/S
0.5x
PEG
0.5x
Revenue
$3.19B
Earnings
$49.75M
Fore. Rev. Growth
5.19%
Fore. Earn. Growth
73.44%
Market Cap
$1.65B
Next Earnings
N/A
Next Dividend
N/A

Cheesecake Factory Due Diligence Checks

WallStreetZen was created to help part-time investors perform more accurate fundamental analysis quickly.

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

Is CAKE stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge CAKE's intrinsic value.

Using relative valuations metrics:

  • CAKE could be overvalued based on its P/E ratio of 33.01x, relative to Restaurants industry P/E ratio of 31.23x
  • CAKE could be undervalued based on its P/B ratio of 5.09x, relative to Restaurants industry P/B ratio of -180.1x
  • CAKE could be undervalued based on its PEG ratio of 0.5x

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

A quick look at CAKE Financials

Passed Financial Due Diligence Checks:

  • CAKE profit margin has gone up from 0.4% to 1.6% in the past year.
  • CAKE earnings of $55.04M is not enough to cover its interest payments.

Failed Financial Due Diligence Checks:

  • There are more long-term liabilities than short-term assets on the CAKE balance sheet.
  • 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 7.45.
  • Total CAKE debt is higher than 5 years ago, relative to shareholder equity.
  • CAKE's operating cash flow of $192.74M allows it to safely service it's debt of $1.83B.

Is it a good time to buy CAKE stock?

Out of 11 Equities analysts who track CAKE, the consensus analyst rating on CAKE is a Hold

Should I buy or sell CAKE stock?

Based on 11 analysts offering ratings for Cheesecake Factory Inc.
Hold
Strong Buy
3 analysts 27.27%
Buy
1 analysts 9.09%
Hold
5 analysts 45.45%
Sell
0 analysts 0%
Strong Sell
2 analysts 18.18%

Most Recent CAKE Analyst Upgrades/Downgrades

Nick Setyan, a top 22% analyst from Wedbush downgrades CAKE to a hold rating and lowers their CAKE price target from $37.00 to $35.00, on Dec 2, 2022.

Brian Mullan, a top 6% analyst from Deutsche Bank maintains CAKE with a hold rating and raises their CAKE price target from $31.00 to $36.00, on Nov 2, 2022.

Jeffrey A. Bernstein, a top 9% analyst from Barclays maintains CAKE with a strong sell rating and raises their CAKE price target from $28.00 to $31.00, on Nov 2, 2022.

Jon Tower, a top 15% analyst from Citigroup maintains CAKE with a strong buy rating and raises their CAKE price target from $36.00 to $39.00, on Nov 2, 2022.

Joshua Long, a top 17% analyst from Stephens & Co. initiates coverage on CAKE with a strong buy rating and announces their CAKE price target of $38.00, on Sep 23, 2022.

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

CAKE Trading Indicators

SMA10
35.19
SMA20
35.48
SMA50
33.45
SMA100
32.21
SMA200
33.21
MACD
0.03
MACD Signal
0.61
MACD Histogram
-0.58
RSI
36.37
Stochastic %K
9.4
Stochastic %D
18.9
StochRSI %K
0
StochRSI %D
0.43

How are CAKE Revenues/Earnings doing?

Last year, CAKE earnings were $49.75M. Over the past 5 year, CAKE's earnings have grown by -19.1% per year. This was slower than the Restaurants industry average of 8.62%.

Last year, CAKE revenue was $3.19B. In the last five year, CAKE's revenue has gone up by 6.82% per year. This was faster than the Restaurants industry average of 5.9%.

You can research CAKE's earnings and revenue performance here.

Latest Insiders Trades at CAKE

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

Scarlett May, EVP GENERAL COUNSEL of CAKE, was the latest CAKE insider to sell. They sold $5,368.00 worth of CAKE shares on May 14, 2022.

Learn more about who owns CAKE stock here.

Can I get consistent income from CAKE stock?

Cheesecake Factory pays a dividend of 2.53%, compared to the Restaurants industry's average dividend yield of 2.31%. If you owned $1,000 worth of CAKE stock, you would have received $25.30 in the past 12 months.

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

Find more data about Cheesecake Factory dividend yield and history here.

CAKE Social Trading Data

One of the reasons eToro is our highest-rated brokerage is because of its social trading community.

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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 security at the best possible price.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at an exact price, use a limit order.

Hit the Open button and eToro will execute the order.

If you want additional info about buying stocks on eToro, watch the how to video below:

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Step 6: Track your CAKE investment

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

Add CAKE to a watchlist to track the latest developments regarding your CAKE stock.

CAKE Feed

How to Buy Stock in Cheesecake Factory

To summarize, here are the 6 steps to buy 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

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

Get Started with eToro Today

If you would like to keep an eye on your investment in Cheesecake Factory, create your watchlist below.

NASDAQ: CAKE
$32.02-1.22 (-3.67%)
Updated Dec 5, 2022
Open eToro Account
NASDAQ: CAKE
$32.02-1.22 (-3.67%)
Updated Dec 5, 2022
Open eToro Account

FAQ

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

As of Dec 5, 2022, it costs $32.02 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 0.312 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 hold Cheesecake Factory stock.

What is the best way to buy Cheesecake Factory stock?

The best way to buy Cheesecake Factory stock is within a brokerage account on eToro.
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.