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NYSE:SHAK

Shake Shack (SHAK) Stock Price, News & Analysis

$107.90
+3.62 (+3.47%)
(As of 12:27 PM ET)
Today's Range
$104.67
$108.02
50-Day Range
$67.50
$109.27
52-Week Range
$52.63
$110.90
Volume
289,283 shs
Average Volume
1.02 million shs
Market Capitalization
$4.57 billion
P/E Ratio
234.57
Dividend Yield
N/A
Price Target
$86.22

Shake Shack MarketRank™ Stock Analysis

Analyst Rating
Hold
2.35 Rating Score
Upside/​Downside
19.9% Downside
$86.22 Price Target
Short Interest
Bearish
8.67% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.23
Upright™ Environmental Score
News Sentiment
-0.02mentions of Shake Shack in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$10.17 M Sold Last Quarter
Proj. Earnings Growth
36.62%
From $0.71 to $0.97 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.

3.31 out of 5 stars

Retail/Wholesale Sector

86th out of 204 stocks

Eating & Drinking Places Industry

4th out of 6 stocks

SHAK stock logo

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

SHAK Stock News Headlines

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
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Bloomin' Brands' Stock Breakout: New Rally Budding? (SHAK)
Bloomin' Brands' upside volume has been above average and the chart suggests more gains ahead. Meanwhile, an activist investor aims to boost shareholder value.
Here's Why Shake Shack's Recovery Builds Momentum
With so much talk around tech stocks lately, it can be refreshing to hear about a stock from a completely different industry. Shake Shack Inc. NYSE: SHAK, whose shares have been rallying since the summer of 2022, was singled out by the team at TD Cowen yesterday.
Here's Why Shake Shack’s Recovery Builds Momentum (SHAK)
There's a strong argument to be made that as a result of not yet reclaiming previous highs, Shake Shack has been somewhat flying under the radar.
Cava Group Serves Up 60% Gain Amid Strong Post-IPO Buying (SHAK)
Cava Group is among leaders in the thriving restaurant industry, returning more than 60% in three months, underlining industry resilience amid high inflation.
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Shake Shack (NYSE:SHAK): Margin Woes Threaten the Stock’s Momentum
Shake Shack (NYSE:SHAK) PT Raised to $120.00 at Oppenheimer
Sushi Chain On A Roll, Ready To Serve Up 156% Growth
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Today
3/28/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Eating & drinking places
Sub-Industry
N/A
Fax
N/A
Employees
12,196
Year Founded
2004

Price Target and Rating

Average Stock Price Target
$86.22
High Stock Price Target
$125.00
Low Stock Price Target
$59.00
Potential Upside/Downside
-17.3%
Consensus Rating
Hold
Rating Score (0-4)
2.35
Research Coverage
17 Analysts

Profitability

Net Income
$20.26 million
Pretax Margin
1.56%

Debt

Sales & Book Value

Annual Sales
$1.09 billion
Cash Flow
$2.65 per share
Book Value
$11.09 per share

Miscellaneous

Free Float
38,053,000
Market Cap
$4.41 billion
Optionable
Optionable
Beta
1.81

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Key Executives


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 Wall Street research analysts have issued 1 year target prices for Shake Shack's shares. Their SHAK share price targets range from $59.00 to $125.00. On average, they predict the company's stock price to reach $86.22 in the next twelve months. This suggests that the stock has a possible downside of 19.9%.
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 shares have increased by 45.2% and is now trading at $107.60.
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 were Shake Shack's earnings last quarter?

Shake Shack Inc. (NYSE:SHAK) posted its quarterly earnings results on Thursday, February, 15th. The company reported $0.02 EPS for the quarter. The firm had revenue of $286.20 million for the quarter, compared to the consensus estimate 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 was up 20.0% compared to the same quarter last year. During the same quarter last year, the business earned ($0.06) earnings per share.

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

Shake Shack issued an update on its first quarter 2024 earnings guidance on Friday, February, 16th. The company provided EPS 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 $14.00-$16.00 per share. J.P. Morgan and Morgan Stanley served 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 variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.56%), Vanguard Group Inc. (10.56%), Gilder Gagnon Howe & Co. LLC (4.03%), Dimensional Fund Advisors LP (1.65%), Wasatch Advisors LP (1.32%) and Linonia Partnership LP (1.31%). 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 3/28/2024 by MarketBeat.com Staff

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