Robert W. Baird Cuts Shake Shack (NYSE:SHAK) Price Target to $104.00

Shake Shack (NYSE:SHAK) had its price objective lowered by Robert W. Baird from $127.00 to $104.00 in a research report released on Friday,Benzinga reports. The brokerage currently has a neutral rating on the stock.

A number of other equities analysts have also recently issued reports on SHAK. Loop Capital reaffirmed a “hold” rating and issued a $127.00 target price on shares of Shake Shack in a report on Tuesday, July 8th. TD Cowen upped their target price on Shake Shack from $105.00 to $110.00 and gave the stock a “hold” rating in a report on Thursday, July 31st. UBS Group reduced their price target on Shake Shack from $140.00 to $104.00 and set a “neutral” rating on the stock in a research report on Thursday, October 23rd. Mizuho upgraded Shake Shack to a “hold” rating in a research report on Tuesday, October 28th. Finally, Wells Fargo & Company reduced their price target on Shake Shack from $125.00 to $100.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, fourteen have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Shake Shack has a consensus rating of “Hold” and an average price target of $121.00.

Shake Shack Price Performance

Shares of SHAK opened at $96.65 on Friday. Shake Shack has a 12-month low of $72.93 and a 12-month high of $144.65. The business has a 50-day simple moving average of $96.81 and a two-hundred day simple moving average of $111.33. The company has a quick ratio of 1.81, a current ratio of 1.84 and a debt-to-equity ratio of 0.46. The stock has a market cap of $4.13 billion, a PE ratio of 94.76, a PEG ratio of 2.38 and a beta of 1.69.

Shake Shack (NYSE:SHAK) last issued its earnings results on Thursday, October 30th. The company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.05. Shake Shack had a return on equity of 10.43% and a net margin of 3.10%.The business had revenue of $367.41 million during the quarter, compared to analysts’ expectations of $363.69 million. During the same quarter in the prior year, the firm earned $0.25 EPS. The business’s revenue for the quarter was up 15.9% compared to the same quarter last year. Shake Shack has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts anticipate that Shake Shack will post 1.26 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Shake Shack

Large investors have recently added to or reduced their stakes in the business. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Shake Shack by 157.3% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 5,957 shares of the company’s stock valued at $525,000 after buying an additional 3,642 shares during the last quarter. Cooper Investors PTY Ltd. grew its holdings in shares of Shake Shack by 17,729.9% during the second quarter. Cooper Investors PTY Ltd. now owns 89,506 shares of the company’s stock valued at $12,585,000 after buying an additional 89,004 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Shake Shack by 53.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,421 shares of the company’s stock valued at $566,000 after purchasing an additional 2,229 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Shake Shack by 52.6% in the first quarter. GAMMA Investing LLC now owns 1,123 shares of the company’s stock valued at $99,000 after purchasing an additional 387 shares in the last quarter. Finally, Glenview Trust co bought a new position in shares of Shake Shack in the first quarter valued at approximately $602,000. Institutional investors and hedge funds own 86.07% of the company’s stock.

About Shake Shack

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.