Should I buy or sell Shake Shack stock right now?

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Shake Shack in the last twelve months. There are currently 1 sell rating, 10 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SHAK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SHAK, but not buy additional shares or sell existing shares. View SHAK analyst ratings or view top-rated stocks .

What is Shake Shack's stock price target for 2024?

17 brokers have issued 1-year price targets for Shake Shack's stock. Their SHAK share price targets range from $59.00 to $125.00. On average, they expect the company's stock price to reach $88.67 in the next year. This suggests that the stock has a possible downside of 6.9%. View analysts price targets for SHAK or view top-rated stocks among Wall Street analysts .

How have SHAK shares performed in 2024?

Shake Shack's stock was trading at $74.12 at the start of the year. Since then, SHAK stock has increased by 28.5% and is now trading at $95.23. View the best growth stocks for 2024 here .

When is Shake Shack's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our SHAK earnings forecast .

How can I listen to Shake Shack's earnings call?

Shake Shack will be holding an earnings conference call on Thursday, May 2nd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13745222".

How were Shake Shack's earnings last quarter?

Shake Shack Inc. (NYSE:SHAK) issued its quarterly earnings data on Thursday, February, 15th. The company reported $0.02 earnings per share (EPS) for the quarter. The business earned $286.20 million during the quarter, compared to analyst estimates of $280.45 million. Shake Shack had a net margin of 1.82% and a trailing twelve-month return on equity of 3.67%. The business's revenue for the quarter was up 20.0% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.06) EPS.

What ETFs hold Shake Shack's stock?

ETFs with the largest weight of Shake Shack (NYSE:SHAK) stock in their portfolio include Invesco Leisure and Entertainment ETF (PEJ) , Invesco Food & Beverage ETF (PBJ) , Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) , WisdomTree U.S. Growth & Momentum Fund (WGRO) , Invesco S&P SmallCap 600 Pure Growth ETF (RZG) , Innovator IBD Breakout Opportunities ETF (BOUT) , Invesco S&P SmallCap Momentum ETF (XSMO) and AdvisorShares Restaurant ETF (EATZ) .

What guidance has Shake Shack issued on next quarter's earnings?

Shake Shack updated its first quarter 2024 earnings guidance on Friday, February, 16th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $288.4 million-$292.8 million, compared to the consensus revenue estimate of $289.8 million.

What is Randy Garutti's approval rating as Shake Shack's CEO?

269 employees have rated Shake Shack Chief Executive Officer Randy Garutti on Glassdoor.com . Randy Garutti has an approval rating of 93% among the company's employees. This puts Randy Garutti in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Shake Shack own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Shake Shack investors own include NVIDIA (NVDA) , Netflix (NFLX) , Alibaba Group (BABA) , Walt Disney (DIS) , Tesla (TSLA) , Micron Technology (MU) , Starbucks (SBUX) , Intel (INTC) , Boeing (BA) and PayPal (PYPL) .

When did Shake Shack IPO?

Shake Shack (SHAK) raised $75 million in an IPO on Friday, January 30th 2015. The company issued 5,000,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan and Morgan Stanley acted as the underwriters for the IPO and Barclays, Goldman Sachs, Jefferies, William Blair and Stifel were co-managers.

Who are Shake Shack's major shareholders?

Shake Shack's stock is owned by a number of institutional and retail investors. Top institutional investors include Rye Brook Capital LLC (0.06%), Bridge City Capital LLC (0.06%), Los Angeles Capital Management LLC (0.04%), Range Financial Group LLC (0.02%), Annex Advisory Services LLC (0.01%) and RFG Advisory LLC (0.01%). Insiders that own company stock include Daniel Harris Meyer , Jeffrey Flug , Jenna Lyons and Zach Koff . View institutional ownership trends .

How do I buy shares of Shake Shack?

Shares of SHAK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Shake Shack have any subsidiaries?

The following companies are subsidiares of Shake Shack: SSE Holdings LLC, SSE IP LLC, Shake Shack Domestic Licensing LLC, Shake Shack Enterprises International LLC, Shake Shack Enterprises LLC, Shake Shack Mobile LLC, Shake Shack Texas Beverage Company LLC, Shake Shack Texas Holding Company LLC, and Shake Shack Texas Management Company LLC. Read More

NYSE:SHAK

Shake Shack (SHAK) Stock Price, News & Analysis

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Free SHAK Stock Alerts

$95.23

+0.32 (+0.34%)

(As of 04/18/2024 ET)

Compare

Today's Range: $95.05
▼
$97.37
50-Day Range: $77.59
▼
$109.27
52-Week Range: $52.64
▼
$110.90

Volume: 454,677 shs
Average Volume: 960,432 shs
Market Capitalization: $4.03 billion

P/E Ratio: 207.02
Dividend Yield: N/A
Price Target: $88.67

Get Shake Shack alerts:

Shake Shack MarketRank™ Stock Analysis

Analyst Rating: Hold
2.35 Rating Score
Upside/Downside: 6.9% Downside
$88.67 Price Target
Short Interest: Healthy
8.43% of Float Sold Short
Dividend Strength: N/A
Sustainability: -2.23
Upright™ Environmental Score
News Sentiment: 0.34
Based on 6 Articles This Week
Insider Trading: Selling Shares
$10.20 M Sold Last Quarter
Proj. Earnings Growth: 38.03%
From $0.71 to $0.98 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.30 out of 5 stars

Retail/Wholesale Sector

96th out of 198 stocks

Eating & Drinking Places Industry

5th out of 7 stocks

2.2

Analyst's Opinion

Consensus Rating
Shake Shack has received a consensus rating of Hold. The company's average rating score is 2.35, and is based on 5 buy ratings, 10 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Shake Shack has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
8.43% of the float of Shake Shack has been sold short.
Short Interest Ratio / Days to Cover
Shake Shack has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Shake Shack has recently decreased by 2.77%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Shake Shack does not currently pay a dividend.
Dividend Growth
Shake Shack does not have a long track record of dividend growth.

1.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Shake Shack has received a -19.78% net impact score from Upright. The largest negative impact of Shake Shack in category "Physical diseases" seems to be driven mostly by its "Hot dogs", "Beer", "Milkshakes", and "Fast food hamburgers" products. See details.
Environmental Sustainability
The Environmental Impact score for Shake Shack is -2.23.

1.3

News and Social Media Coverage

News Sentiment
Shake Shack has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Shake Shack this week, compared to 14 articles on an average week.
Search Interest
Only 18 people have searched for SHAK on MarketBeat in the last 30 days. This is a decrease of -45% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added Shake Shack to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Shake Shack insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,201,834.00 in company stock.
Percentage Held by Insiders
10.06% of the stock of Shake Shack is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
86.07% of the stock of Shake Shack is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Shake Shack are expected to grow by 38.03% in the coming year, from $0.71 to $0.98 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Shake Shack is 207.02, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 141.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of Shake Shack is 207.02, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 22.28.
Price to Earnings Growth Ratio
Shake Shack has a PEG Ratio of 3.61. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Shake Shack has a P/B Ratio of 8.59. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Shake Shack Stock (NYSE:SHAK)

Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States and internationally. Its Shacks offers hamburgers, chicken, hot dogs, crinkle cut fries, shakes, frozen custard, beer, wine, and other products. The company was founded in 2001 and is headquartered in New York, New York.

SHAK Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SHAK Stock News Headlines

April 9, 2024 | insidertrades.com

Jeffrey Flug Sells 304 Shares of Shake Shack Inc. (NYSE:SHAK) Stock

March 21, 2024 | marketbeat.com

Shake Shack names Papa John's CEO as its new leader in CEO shakeup

Shake Shack named a new CEO on Thursday, the first outsider to lead the company in its 20-year history

April 18, 2024 | DTI (Ad)

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April 18, 2024 | finance.yahoo.com

Q4 Rundown: Wingstop (NASDAQ:WING) Vs Other Modern Fast Food Stocks

April 14, 2024 | americanbankingnews.com

Shake Shack (NYSE:SHAK) PT Raised to $105.00 at Morgan Stanley

April 13, 2024 | yahoo.com

Why Blended Beef Grinds Make For The Best Burgers, According To Shake Shack's Top Chef

April 12, 2024 | msn.com

Burger lovers brave hour-long queue for first Shake Shack in Malaysia at The Exchange TRX

April 11, 2024 | finance.yahoo.com

Shake Shack to Announce First Quarter 2024 Financial Results on May 2, 2024

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April 11, 2024 | businesswire.com

Shake Shack to Announce First Quarter 2024 Financial Results on May 2, 2024

April 11, 2024 | americanbankingnews.com

Shake Shack's (SHAK) "Buy" Rating Reiterated at TD Cowen

April 11, 2024 | americanbankingnews.com

TD Cowen Reaffirms Buy Rating for Shake Shack (NYSE:SHAK)

April 10, 2024 | markets.businessinsider.com

17 Analysts Assess Shake Shack: What You Need To Know

April 10, 2024 | msn.com

Shake Shack Seemingly 'Throws Shade' at Chick-fil-A in New Promotion

April 10, 2024 | msn.com

Shake Shack throws shade at Chick-fil-A with chicken sandwich promotion

April 9, 2024 | msn.com

NY-Based Fast Food Restaurant Shake Shack Picks the Wrong Day to Mock Chick-fil-A

April 9, 2024 | mirror.co.uk

'I tried Shake Shack's new breakfast menu - one item will leave McDonald's quaking'

April 9, 2024 | msn.com

Shake Shack appears to throw shade at Chick-fil-A with April chicken sandwich promotion

April 8, 2024 | msn.com

Shake Shack seemingly shades Chick-fil-A with an amazing new deal available every Sunday

April 8, 2024 | yahoo.com

We Ranked 11 Shake Shack Sandwiches, With One Option As The Clear Winner

April 8, 2024 | msn.com

Shake Shack trolls Chick-fil-A with April sandwich freebies: ‘Eat more antibiotic-free chicken’

April 8, 2024 | msn.com

Shake Shack looks to boost its chicken sandwich presence with a Sunday promotion

April 8, 2024 | finance.yahoo.com

Q4 Modern Fast Food Earnings: Shake Shack (NYSE:SHAK) Earns Top Marks

April 8, 2024 | yahoo.com

Shake Shack seemingly shades Chick-fil-A by offering free chicken sandwiches on Sundays

April 7, 2024 | investorplace.com

The 3 Best Growth Stocks to Buy in April 2024

April 6, 2024 | msn.com

Shake Shack shades rival Chick-fil-A with Sunday-only free chicken sandwich offer

April 6, 2024 | investorplace.com

The Restaurant Revival: 7 Stocks Poised to Feast on Increasing Consumer Spending

See More Headlines

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Company Calendar

Last Earnings: 2/15/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Retail/Wholesale
Industry: Eating & drinking places
Sub-Industry: N/A
Current Symbol: NYSE:SHAK
CUSIP: N/A
CIK: 1620533
Web: www.shakeshack.com
Phone: (646) 747-7200
Fax: N/A
Employees: 12,196
Year Founded: 2004

Price Target and Rating

Average Stock Price Target: $88.67
High Stock Price Target: $125.00
Low Stock Price Target: $59.00
Potential Upside/Downside: -6.9%
Consensus Rating: Hold
Rating Score (0-4): 2.35
Research Coverage: 17 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.46
Trailing P/E Ratio: 207.02
Forward P/E Ratio: 134.13
P/E Growth: 3.61
Net Income: $20.26 million
Net Margins: 1.82%
Pretax Margin: 1.56%
Return on Equity: 3.67%
Return on Assets: 1.04%

Debt

Debt-to-Equity Ratio: 0.52
Current Ratio: 2.04
Quick Ratio: 2.01

Sales & Book Value

Annual Sales: $1.09 billion
Price / Sales: 3.70
Cash Flow: $2.57 per share
Price / Cash Flow: 37.04
Book Value: $11.09 per share
Price / Book: 8.59

Miscellaneous

Outstanding Shares: 42,310,000
Free Float: 38,053,000
Market Cap: $4.03 billion
Optionable: Optionable
Beta: 1.80

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Key Executives

Mr. Daniel Harris Meyer (Age 66)
Founder & Chairman of the Board of Directors
Comp: $18.75k
Mr. Randall J. Garutti (Age 49)
CEO & Director
Comp: $1.85M
Ms. Katherine Irene Fogertey (Age 40)
Chief Financial Officer
Comp: $794.52k
Mr. Dave Harris
Chief Information Officer
Mr. Michael Oriolo
Senior Director of FP&A and IR
Mr. Ronald Palmese Jr. (Age 45)
Esq., Chief Legal Officer
Comp: $340.02k
Mr. Jay Livingston
Chief Marketing Officer
Ms. Diane Neville
Chief People Officer
Mr. Michael Kark
President of Global Licensing
Mr. Andrew McCaughan
Chief Development Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SHAK Stock Analysis - Frequently Asked Questions

Should I buy or sell Shake Shack stock right now?: 17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Shake Shack in the last twelve months. There are currently 1 sell rating, 10 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SHAK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SHAK, but not buy additional shares or sell existing shares.
View SHAK analyst ratings or view top-rated stocks.
What is Shake Shack's stock price target for 2024?: 17 brokers have issued 1-year price targets for Shake Shack's stock. Their SHAK share price targets range from $59.00 to $125.00. On average, they expect the company's stock price to reach $88.67 in the next year. This suggests that the stock has a possible downside of 6.9%.
View analysts price targets for SHAK or view top-rated stocks among Wall Street analysts.
How have SHAK shares performed in 2024?: Shake Shack's stock was trading at $74.12 at the start of the year. Since then, SHAK stock has increased by 28.5% and is now trading at $95.23.
View the best growth stocks for 2024 here.
When is Shake Shack's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our SHAK earnings forecast.
How can I listen to Shake Shack's earnings call?: Shake Shack will be holding an earnings conference call on Thursday, May 2nd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13745222".
How were Shake Shack's earnings last quarter?: Shake Shack Inc. (NYSE:SHAK) issued its quarterly earnings data on Thursday, February, 15th. The company reported $0.02 earnings per share (EPS) for the quarter. The business earned $286.20 million during the quarter, compared to analyst estimates of $280.45 million. Shake Shack had a net margin of 1.82% and a trailing twelve-month return on equity of 3.67%. The business's revenue for the quarter was up 20.0% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.06) EPS.
What ETFs hold Shake Shack's stock?: ETFs with the largest weight of Shake Shack (NYSE:SHAK) stock in their portfolio include Invesco Leisure and Entertainment ETF (PEJ), Invesco Food & Beverage ETF (PBJ), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), WisdomTree U.S. Growth & Momentum Fund (WGRO), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), Innovator IBD Breakout Opportunities ETF (BOUT), Invesco S&P SmallCap Momentum ETF (XSMO) and AdvisorShares Restaurant ETF (EATZ).
What guidance has Shake Shack issued on next quarter's earnings?: Shake Shack updated its first quarter 2024 earnings guidance on Friday, February, 16th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $288.4 million-$292.8 million, compared to the consensus revenue estimate of $289.8 million.

What is Randy Garutti's approval rating as Shake Shack's CEO?: 269 employees have rated Shake Shack Chief Executive Officer Randy Garutti on Glassdoor.com. Randy Garutti has an approval rating of 93% among the company's employees. This puts Randy Garutti in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Shake Shack own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Shake Shack investors own include NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), Walt Disney (DIS), Tesla (TSLA), Micron Technology (MU), Starbucks (SBUX), Intel (INTC), Boeing (BA) and PayPal (PYPL).
When did Shake Shack IPO?: Shake Shack (SHAK) raised $75 million in an IPO on Friday, January 30th 2015. The company issued 5,000,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan and Morgan Stanley acted as the underwriters for the IPO and Barclays, Goldman Sachs, Jefferies, William Blair and Stifel were co-managers.
Who are Shake Shack's major shareholders?: Shake Shack's stock is owned by a number of institutional and retail investors. Top institutional investors include Rye Brook Capital LLC (0.06%), Bridge City Capital LLC (0.06%), Los Angeles Capital Management LLC (0.04%), Range Financial Group LLC (0.02%), Annex Advisory Services LLC (0.01%) and RFG Advisory LLC (0.01%). Insiders that own company stock include Daniel Harris Meyer, Jeffrey Flug, Jenna Lyons and Zach Koff.
View institutional ownership trends.
How do I buy shares of Shake Shack?: Shares of SHAK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Shake Shack have any subsidiaries?: The following companies are subsidiares of Shake Shack: SSE Holdings LLC, SSE IP LLC, Shake Shack Domestic Licensing LLC, Shake Shack Enterprises International LLC, Shake Shack Enterprises LLC, Shake Shack Mobile LLC, Shake Shack Texas Beverage Company LLC, Shake Shack Texas Holding Company LLC, and Shake Shack Texas Management Company LLC.
Read More

This page (NYSE:SHAK) was last updated on 4/18/2024 by MarketBeat.com Staff

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Shake Shack (SHAK) Stock Price, News & Analysis

Shake Shack MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Shake Shack Stock (NYSE:SHAK)

SHAK Stock Price History

SHAK Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

SHAK Stock Analysis - Frequently Asked Questions

Overall MarketRank^™