Understanding Basic Stock Data: The Cheesecake Factory Incorporated (CAKE)

In the past 52-week period, shares of The Cheesecake Factory Incorporated (NASDAQ:CAKE) have moved within the range of $38.34 to $67.14. On the stock’s most recent trading day, the company’s shares ended the regular session at $44.18, which is 34.2% lower than its 52-week high.

The Cheesecake Factory Incorporated (CAKE) has demonstrated a 20-day simple moving average (SMA) of 4.02%, and a 50-day SMA of 6.08%. This public company’s current market capitalization stands at $2.07 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

When considering entering a position, it is crucial to understand the average enthusiasm level expressed by Wall Street analysts for that particular stock. According to the latest data, the consensus recommendation for The Cheesecake Factory Incorporated (CAKE) is Hold.

Publicly-traded organizations typically post revenue and earnings results that fall either above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Jun. 2017, The Cheesecake Factory Incorporated (CAKE) delivered a 0.02% surprise with its net revenue. Sales reached $0.57 billion during the three-month period, compared to the average analyst estimate of $0.57 billion.

Meanwhile, during the same quarter The Cheesecake Factory Incorporated (CAKE) delivered a 2.63% earnings surprise. Net earnings for the quarter were posted at $0.78 per share, whereas Wall Street had forecast $0.76 per share.

Ownership at The Cheesecake Factory Incorporated (CAKE), According to Most Recent SEC Filings

We can find critical insight by examining institutional ownership, which are reported in public companies’ most recent 13F filings. The Cheesecake Factory Incorporated (CAKE) has 0.05 billion shares outstanding currently, 98.46% of which belong to institutional investors. Those institutional holdings amount to $2.01 billion.

Additionally, according to the most recent 13F filing from The Cheesecake Factory Incorporated (CAKE), there were 48 new positions totaling 1,882,220 shares of the company’s stock. There were 55 sold out positions, on the other hand, totaling 1,976,296 shares.

Short, Medium and Long Term Indicators

A stock’s average trade volume, as recorder over the short, medium and long terms, is helpful to analyze in order to gain a better understanding of trading activity and investor sentiment. The Cheesecake Factory Incorporated (CAKE) has had a 20-day average volume of 1,259,765 shares, with an average of 80% of short term indicators pointed at Buy.

The stock’s 50-day average volume has been 1,329,116 shares, with an average of 50% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 1,280,909 shares with 33% of long-term indicators pointing to Sell.