News stories about Cheesecake Factory (NASDAQ:CAKE) have trended somewhat negative on Thursday, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cheesecake Factory earned a coverage optimism score of -0.03 on Accern’s scale. Accern also assigned news coverage about the restaurant operator an impact score of 44.4327611154867 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- UPDATE 2-GrubHub quarterly profit beats as more diners order food online (cnbc.com)
- Cheesecake Factory (CAKE) Downgraded by Zacks Investment Research to “Hold” (americanbankingnews.com)
- Zacks Investment Research Upgrades Cheesecake Factory (CAKE) to Buy (americanbankingnews.com)
- Cheesecake Factory (CAKE) Price Target Lowered to $32.00 at Wells Fargo & Co (americanbankingnews.com)
- Canaccord Genuity Reiterates Hold Rating for Cheesecake Factory (CAKE) – ExpressNewsline (expressnewsline.com)
Cheesecake Factory (NASDAQ CAKE) traded down $0.14 during trading hours on Thursday, reaching $46.02. 30,996 shares of the company were exchanged, compared to its average volume of 995,346. Cheesecake Factory has a 1-year low of $38.34 and a 1-year high of $67.14. The company has a market capitalization of $2,135.88, a price-to-earnings ratio of 17.07, a price-to-earnings-growth ratio of 1.18 and a beta of 0.33. The company has a current ratio of 0.51, a quick ratio of 0.37 and a debt-to-equity ratio of 0.05.
In other Cheesecake Factory news, VP Debby R. Zurzolo sold 2,306 shares of the stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $44.75, for a total transaction of $103,193.50. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 8.40% of the stock is currently owned by company insiders.
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About Cheesecake Factory
The Cheesecake Factory Incorporated is engaged in the restaurant and bakery business. As of March 2, 2017, the Company operated 208 Company-owned restaurants: 194 under The Cheesecake Factory mark, 13 under the Grand Lux Cafe mark and one under the Rock Sugar Pan Asian Kitchen mark. The Company’s segments include The Cheesecake Factory restaurants, and other.
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