Should you purge Cheesecake Factory Inc. (NASDAQ:CAKE) from your holding?

1249

At the close of the recent quarter, Cheesecake Factory Inc. (NASDAQ:CAKE)‘s balance sheet demonstrated total assets worth $1.28B. Compared to the previous period, the debt increased/decreased by falling.

Cheesecake Factory Inc.’s total liabilities closing the latest quarter was $649.29M.

Let’s look into the technical of the stock

The Barchart Technical Opinion rating is a 100% Sell with a Strongest short term outlook on maintaining the current direction. Longer term, the trend strength is Maximum. Long term indicators fully support a continuation of the trend.

The assets that the firm listed at the close of the recent quarter comprised cash balance of 65.67M%. Net operating cash from the previous quarter was $48.1M, resulting in free cash flow of $28.88M. Compared to the previous period, net change in case was $11.83M.

The cash that Cheesecake Factory Inc. generated in the previous quarter stemmed from sales of 563.43M%, which increased 0.02%% in the same quarter, a year ago.

It cost Cheesecake Factory Inc. some $481.82M to generate the sales of 563.43M% reported in the previous quarter as the cost of sales. After discounting the cost of sales in the income computations, Cheesecake Factory Inc. emerged with gross income of $81.61M.

After considering other operating expenses, the firm closed with a net income figure. When that amount divided by the number of outstanding shares it closed up with EPS (earnings per share) of $0.71. For perspective on how Cheesecake Factory Inc. reached at the EPS figure, shareholders should know that the firm closed the last quarter with diluted due shares of 49.21M.

Wall Street analysts reported investors should anticipate from Cheesecake Factory Inc. EPS of $0.70 in the next quarter.

In addition to estimating the next quarter’s EPS, market analysts have weighed in on the stock of Cheesecake Factory Inc. regarding whether shareholders should view it as a SELL, BUY or HOLD. Some 19 analysts have analyzed the stock so far, giving it an average recommendation of Hold.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.