Investors in Cheesecake Factory (NASDAQ: CAKE) have had a sweet run recently, with shares rising more than 22% year to date. But based on Wall Street estimates, much of the upside may already be baked in.
The stock hit an all-time intraday high near $70 in July before dropping into the $40s by November, as investors grew concerned about consumer traffic amid a softer macro environment and a highly competitive landscape.
