AlphaQuest LLC Has $182,000 Position in Shake Shack, Inc. $SHAK

AlphaQuest LLC raised its position in Shake Shack, Inc. (NYSE:SHAK) by 394.7% during the second quarter, according to its most recent filing with the SEC. The firm owned 1,296 shares of the company’s stock after purchasing an additional 1,034 shares during the period. AlphaQuest LLC’s holdings in Shake Shack were worth $182,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Summit Financial LLC lifted its position in shares of Shake Shack by 0.7% in the 1st quarter. Summit Financial LLC now owns 13,180 shares of the company’s stock worth $1,162,000 after purchasing an additional 97 shares during the period. Wealthcare Advisory Partners LLC lifted its position in shares of Shake Shack by 0.8% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 13,512 shares of the company’s stock worth $1,900,000 after purchasing an additional 106 shares during the period. Redwood Investments LLC lifted its position in shares of Shake Shack by 0.5% in the 1st quarter. Redwood Investments LLC now owns 23,231 shares of the company’s stock worth $2,048,000 after purchasing an additional 110 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Shake Shack by 1.3% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,367 shares of the company’s stock worth $914,000 after purchasing an additional 133 shares during the period. Finally, Maryland State Retirement & Pension System lifted its position in shares of Shake Shack by 1.3% in the 2nd quarter. Maryland State Retirement & Pension System now owns 11,821 shares of the company’s stock worth $1,662,000 after purchasing an additional 150 shares during the period. Institutional investors and hedge funds own 86.07% of the company’s stock.

Shake Shack Stock Performance

SHAK opened at $93.42 on Tuesday. The company has a current ratio of 1.84, a quick ratio of 1.81 and a debt-to-equity ratio of 0.46. The company’s fifty day moving average price is $96.59 and its two-hundred day moving average price is $111.40. Shake Shack, Inc. has a 1-year low of $72.93 and a 1-year high of $144.65. The company has a market cap of $3.99 billion, a price-to-earnings ratio of 91.59, a PEG ratio of 2.38 and a beta of 1.69.

Shake Shack (NYSE:SHAK) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.05. Shake Shack had a net margin of 3.10% and a return on equity of 10.43%. The firm had revenue of $367.41 million for the quarter, compared to the consensus estimate of $363.69 million. During the same quarter in the prior year, the company posted $0.25 earnings per share. The business’s revenue was up 15.9% on a year-over-year basis. Shake Shack has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts expect that Shake Shack, Inc. will post 1.26 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on SHAK shares. Loop Capital restated a “hold” rating and issued a $127.00 price target on shares of Shake Shack in a research report on Tuesday, July 8th. The Goldman Sachs Group dropped their price target on shares of Shake Shack from $160.00 to $137.00 and set a “buy” rating on the stock in a research report on Tuesday, September 30th. Mizuho upgraded shares of Shake Shack to a “hold” rating in a research report on Tuesday, October 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Shake Shack in a research note on Wednesday, October 8th. Finally, Morgan Stanley set a $115.00 target price on shares of Shake Shack in a research report on Tuesday, October 21st. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, fourteen have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $120.52.

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.