With 0.78 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.12 million shares. During the session, the Restaurants company that operates in wider Consumer Cyclical sector, reached to the highest price of $48.99 whereas the lowest price it dropped to was $47.835. The 52-week range on CAKE shows that it touched its highest point at $52.10 and its lowest point at $31.24 during that stretch. It currently has a 1-year price target of $50.44. With its current market cap of 2.48 billion, CAKE has annualized dividend of $1.08 while the current yield stands at 2.23%. Beta for the stock currently stands at 1.50.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CAKE was up-trending over the past week, with a rise of 0.89%, but this was down by -2.12% over a month. Three-month performance surged to 16.98% while six-month performance rose 30.31%. The stock gained 41.15% in the past year, while it has gained 2.23% so far this year. A look at the trailing 12-month EPS for CAKE yields 2.63 with Next year EPS estimates of 3.69. For the next quarter, that number is 0.91. This implies an EPS growth rate of 23.04% for this year and 11.43% for next year. EPS is expected to grow by 13.90% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.73%.
Float and Shares Shorts:
At present, 50.94 million CAKE shares are outstanding with a float of 47.24 million shares on hand for trading. On 2024-12-13, short shares totaled 6.12 million, which was 1198.9999599999999 higher than short shares on 1731628800. In addition to Mr. David M. Overton as the firm’s Founder, Chairman & CEO, Mr. David M. Gordon serves as its President.
Institutional Ownership:
Through their ownership of 0.91924006 of CAKE’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-10-01, CAKE reported revenue of $865471000.0 and operating income of $38253000.0. The EBITDA in the recently reported quarter was $63552000.0 and diluted EPS was $0.61.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CAKE since 10 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CAKE analysts setting a high price target of 59.0 and a low target of 36.0, the average target price over the next 12 months is 49.41176. Based on these targets, CAKE could surge 21.65% to reach the target high and fall by -25.77% to reach the target low. Reaching the average price target will result in a growth of 1.88% from current levels.
Analysts have provided yearly estimates in a range of $2.65803 being high and $2.54811 being low. For CAKE, this leads to a yearly average estimate of $2.60807.
