CAKE - The Cheesecake Factory

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by T0rm3nted, Apr 27, 2016.

  1. T0rm3nted

    T0rm3nted Moderator
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    [​IMG]
    The Cheesecake Factory, Inc. (CAKE), is a distributor of cheesecakes and restaurant company based in the United States. The company operates 185 full-service dining restaurants: 165 under The Cheesecake Factory brand, 11 under the Grand Lux Cafe brand and one under the RockSugar Pan Asian Kitchen brand. The Cheesecake Factory also operates two bakery production facilities—in Calabasas, California and Rocky Mount, North Carolina—and licenses two bakery-based menus for other food service operators under The Cheesecake Factory Bakery Cafe marque. Its cheesecakes and other baked goods can also be found in the cafes of many Barnes & Noble stores.

    David M. Overton, the company's founder, opened the first Cheesecake Factory restaurant in Beverly Hills, California, in 1978. The restaurant established the future chain's pattern of featuring an eclectic menu, large portions, and signature cheesecakes.
     
  2. T0rm3nted

    T0rm3nted Moderator
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    Reported after close today (4/27/16)
    Earnings: EPS $0.68 Revenue $553.7M
    Estimates: EPS $0.60 Revenue $555.8M
     
  3. T0rm3nted

    T0rm3nted Moderator
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    Reported after close today (10/26/16)
    Earnings: EPS $0.70 Revenue $560M
    Estimates: EPS $0.61 Revenue $556.15M

    Up 8.10% after hours so far
     
  4. Stockaholic

    Stockaholic Content Manager

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    Looks like this found resistance at the March high and pulled back from there...
     
  5. T0rm3nted

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    Analyst Upgrade/Downgrade Update

    Brokerage firm:
    Argus
    Change: Upgrade
    Previous Rating: Hold
    Current Rating: Buy
    Previous Price Target: N/A
    Current Price Target: N/A
     
  6. T0rm3nted

    T0rm3nted Moderator
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    Analyst Upgrade/Downgrade Update

    Brokerage firm:
    Maxim Group
    Change: Downgrade
    Previous Rating: Buy
    Current Rating: Hold
    Previous Price Target: N/A
    Current Price Target: $59
     
  7. T0rm3nted

    T0rm3nted Moderator
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    Recent Insider Trading:

    CFO sold 10% of his shares

    upload_2016-11-16_19-21-6.png upload_2016-11-16_19-21-18.png
     
  8. Brendan Cowie

    Brendan Cowie Active Member

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    repeat buyers of dec 60c. Im in
     
  9. StockJock-e

    StockJock-e Brew Master
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    I will go buy a salad and support you!
     
  10. Brendan Cowie

    Brendan Cowie Active Member

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    Ripping it hard into EOD.
     
  11. rg7803

    rg7803 Well-Known Member

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    Looks really good...
     
  12. rg7803

    rg7803 Well-Known Member

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    To me seems forming a "c&h" pattern.
    Buy the breakout, above 50 bucks!

    cake.png
     
  13. T0rm3nted

    T0rm3nted Moderator
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    I won't be trading this level, but bringing it out for anyone who enjoys this kind of setup. Former resistance that has now acted as support.

    upload_2018-5-19_14-55-9.png
     
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  14. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Very interesting at 48, about 5% lower
    [​IMG]
     
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  15. T0rm3nted

    T0rm3nted Moderator
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    When I draw it in myself, it looks more like $49 which makes this level a little more appealing. Might take a shot at half my normal size, I'll consider it Monday, although the risk/reward isn't great considering I see less than 10% upside IMO. Obviously could go higher, but I tend to believe in current highs over potential new highs.

    upload_2018-5-19_15-34-4.png
     
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