Rating Summary: Arden Partners Reconfirms Patisserie Holdings Plc (LON:CAKE)’s Buy Rating

November 30, 2016 - By Ellis Scott

Patisserie Holdings Plc (LON:CAKE) Rating

Patisserie Holdings Plc (LON:CAKE) stock had its Buy Rating reconfirmed by professional analysts at Arden Partners in an analyst report revealed to clients and investors on Wednesday, 30 November.

Patisserie Holdings PLC (LON:CAKE) Ratings Coverage

Out of 6 analysts covering Patisserie Holdings (LON:CAKE), 5 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 83% are positive. GBX 425 is the highest target while GBX 340 is the lowest. The GBX 380.40 average target is 37.64% above today’s (GBX 276.38) stock price. Patisserie Holdings has been the topic of 21 analyst reports since October 9, 2015 according to StockzIntelligence Inc. FinnCap maintained it with “Hold” rating and GBX 350 target price in Friday, April 8 report. As per Monday, November 30, the company rating was maintained by Beaufort Securities. The firm earned “Hold” rating on Wednesday, December 2 by FinnCap. FinnCap maintained it with “Buy” rating and GBX 350 target price in Friday, November 4 report. The rating was maintained by Beaufort Securities with “Buy” on Thursday, May 19. The stock has “Buy” rating given by Canaccord Genuity on Tuesday, November 29. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, May 18. The firm earned “Hold” rating on Tuesday, January 5 by Peel Hunt. The stock has “Hold” rating given by Peel Hunt on Wednesday, May 18. Cantor Fitzgerald maintained the shares of CAKE in a report on Friday, November 27 with “Buy” rating.

About 2.73M shares traded hands or 950.51% up from the average. Patisserie Holdings PLC (LON:CAKE) has declined 19.70% since May 3, 2016 and is downtrending. It has underperformed by 24.93% the S&P500.

Analysts await Cheesecake Factory Inc (NASDAQ:CAKE) to report earnings on February, 21. They expect $0.67 earnings per share, up 24.07% or $0.13 from last year’s $0.54 per share. CAKE’s profit will be $31.39 million for 22.06 P/E if the $0.67 EPS becomes a reality. After $0.70 actual earnings per share reported by Cheesecake Factory Inc for the previous quarter, Wall Street now forecasts -4.29% negative EPS growth.

Insitutional Activity: The institutional sentiment decreased to 1.01 in 2016 Q2. Its down 0.06, from 1.07 in 2016Q1. The ratio fall, as 25 funds sold all Patisserie Holdings PLC shares owned while 82 reduced positions. 25 funds bought stakes while 89 increased positions. They now own 41.87 million shares or 2.30% less from 42.86 million shares in 2016Q1.

Teacher Retirement Of Texas last reported 62,759 shares in the company. Magnetar Fincl Ltd last reported 7,173 shares in the company. Comml Bank Of America De last reported 211,587 shares in the company. First Republic Invest Inc has 5,588 shares for 0% of their US portfolio. Sg Americas Secs Ltd Liability Com holds 0.02% or 65,836 shares in its portfolio. Moreover, Gotham Asset Mngmt Lc has 0.05% invested in Patisserie Holdings PLC (LON:CAKE) for 86,091 shares. The Massachusetts-based Commonwealth Equity Services Inc has invested 0% in Patisserie Holdings PLC (LON:CAKE). Credit Suisse Ag owns 97,947 shares or 0.01% of their US portfolio. Ranger Ltd Partnership last reported 56,110 shares in the company. Neuberger Berman Grp Inc Ltd Liability Corporation accumulated 0.09% or 1.42M shares. D E Shaw & Company Inc has invested 0.02% of its portfolio in Patisserie Holdings PLC (LON:CAKE). Engineers Gate Manager Limited Partnership last reported 36,771 shares in the company. Acadian Asset Management Lc holds 0% or 6,072 shares in its portfolio. The New York-based Qs Ltd has invested 0% in Patisserie Holdings PLC (LON:CAKE). Rhumbline Advisers holds 104,952 shares or 0.01% of its portfolio.

Insider Transactions: Since July 22, 2016, the stock had 0 buys, and 10 selling transactions for $9.48 million net activity. Another trade for 109,539 shares valued at $6.32M was made by OVERTON DAVID on Friday, November 18. 6,512 shares with value of $345,135 were sold by BENN DOUG on Friday, July 22. $251,158 worth of Patisserie Holdings PLC (LON:CAKE) was sold by ZURZOLO DEBBY R on Thursday, November 17. 1,000 Patisserie Holdings PLC (LON:CAKE) shares with value of $59,379 were sold by SLOMANN CHERYL. Gordon David M also sold $889,506 worth of Patisserie Holdings PLC (LON:CAKE) on Tuesday, November 22. KRANSDORF JEROME I sold $427,403 worth of Patisserie Holdings PLC (LON:CAKE) on Thursday, November 17.

Patisserie Holdings PLC is a United Kingdom cafe and casual dining company. The company has a market cap of 270.73 million GBP. The Firm offers cakes, pastries, snacks, meals and hot and cold drinks from approximately 140 stores and Flour Power City Bakery in the United Kingdom. It has a 22.17 P/E ratio. The Company’s divisions include Patisserie Valerie, Druckers, Baker & Spice, Flour Power and Philpotts.

According to Zacks Investment Research, “The Cheesecake Factory operates many upscale, high volume, casual dining restaurants. They offer over 200 menu items including appetizers, pizza, seafood, steaks, chicken, burgers, pasta, salads, sandwiches, omelets and signature desserts including over 40 varieties of cheesecake.”

CAKE Company Profile

The Cheesecake Factory Incorporated, incorporated on February 13, 1992, is engaged in the restaurant and bakery business. The Firm operates approximately 200 Company-owned restaurants, including approximately 190 restaurants under The Cheesecake Factory mark and approximately 10 restaurants under the Grand Lux Cafe mark. The Company’s divisions include The Cheesecake Factory restaurants, and other, which includes Grand Lux Cafe, RockSugar Pan Asian Kitchen, bakery and international licensing. It operates a restaurant under the RockSugar Pan Asian Kitchen mark. It also operates approximately two bakery production facilities, which produce desserts for its restaurants, international licensees and third-party bakery customers.

More news for Patisserie Holdings PLC (LON:CAKE) were recently published by: Uk.Finance.Yahoo.com, which released: “Patisserie Holdings plc (CAKE.L)” on April 23, 2014. Fool.Co.Uk‘s article titled: “Patisserie Holdings PLC Has Its Cake… And Eats It, Too” and published on May 20, 2015 is yet another important article.

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