Ameritas Advisory Services LLC Invests $31,000 in Shake Shack, Inc. $SHAK

Ameritas Advisory Services LLC purchased a new position in shares of Shake Shack, Inc. (NYSE:SHAK) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 221 shares of the company’s stock, valued at approximately $31,000.

Several other institutional investors have also modified their holdings of SHAK. Nuveen LLC bought a new position in Shake Shack in the 1st quarter valued at about $42,802,000. Ameriprise Financial Inc. grew its position in Shake Shack by 144.3% in the 1st quarter. Ameriprise Financial Inc. now owns 791,857 shares of the company’s stock valued at $69,805,000 after buying an additional 467,748 shares in the last quarter. Jump Financial LLC bought a new position in Shake Shack in the 1st quarter valued at about $17,064,000. Champlain Investment Partners LLC grew its position in Shake Shack by 59.5% in the 1st quarter. Champlain Investment Partners LLC now owns 357,776 shares of the company’s stock valued at $31,545,000 after buying an additional 133,440 shares in the last quarter. Finally, Van Berkom & Associates Inc. grew its position in Shake Shack by 19.0% in the 1st quarter. Van Berkom & Associates Inc. now owns 785,594 shares of the company’s stock valued at $69,266,000 after buying an additional 125,357 shares in the last quarter. Institutional investors own 86.07% of the company’s stock.

Shake Shack Trading Up 2.8%

Shares of SHAK stock opened at $93.96 on Wednesday. Shake Shack, Inc. has a 12 month low of $72.93 and a 12 month high of $144.65. The company has a quick ratio of 1.89, a current ratio of 1.92 and a debt-to-equity ratio of 0.48. The business’s 50 day moving average is $100.46 and its two-hundred day moving average is $110.15. The company has a market cap of $4.01 billion, a PE ratio of 204.26, a price-to-earnings-growth ratio of 2.21 and a beta of 1.65.

Shake Shack (NYSE:SHAK) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.37 by $0.07. Shake Shack had a return on equity of 9.78% and a net margin of 1.50%.The company had revenue of $356.47 million for the quarter, compared to the consensus estimate of $352.56 million. During the same quarter last year, the company posted $0.27 earnings per share. The company’s revenue for the quarter was up 12.6% compared to the same quarter last year. Shake Shack has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities analysts predict that Shake Shack, Inc. will post 1.26 EPS for the current year.

Analysts Set New Price Targets

SHAK has been the subject of a number of research analyst reports. UBS Group reissued a “neutral” rating and issued a $140.00 price target (up from $100.00) on shares of Shake Shack in a report on Friday, July 25th. TD Securities reissued a “hold” rating and issued a $105.00 price target on shares of Shake Shack in a report on Thursday, June 26th. Jefferies Financial Group downgraded shares of Shake Shack from a “hold” rating to an “underperform” rating and upped their price target for the company from $100.00 to $120.00 in a report on Thursday, July 17th. The Goldman Sachs Group cut their price target on shares of Shake Shack from $160.00 to $137.00 and set a “buy” rating for the company in a report on Tuesday, September 30th. Finally, Sanford C. Bernstein set a $166.00 price target on shares of Shake Shack and gave the company an “overweight” rating in a report on Thursday, June 26th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $129.16.

Shake Shack Profile

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.