Barclays Lowers Shake Shack (NYSE:SHAK) Price Target to $115.00

Key Points

• Barclays has reduced Shake Shack's price target from $160.00 to $115.00 while maintaining an "overweight" rating, indicating a potential upside of 23.15% from current prices.
• Shake Shack's shares recently traded at $93.38, with the stock showing significant volatility, ranging from a one-year low of $72.93 to a high of $144.65.
• Analysts have varying views on Shake Shack, with one Strong Buy, six Buy, twelve Hold, and three Sell ratings; the consensus price target across analysts is $124.89.

Shake Shack (NYSE:SHAK - Get Free Report) had its target price lowered by equities researchers at Barclays from $160.00 to $115.00 in a report issued on Wednesday,Briefing.com Automated Import reports. The brokerage presently has an "overweight" rating on the stock. Barclays's price objective points to a potential upside of 23.15% from the stock's current price.

A number of other research analysts also recently commented on SHAK. The Goldman Sachs Group decreased their price objective on shares of Shake Shack from $160.00 to $137.00 and set a "buy" rating for the company in a research report on Tuesday, September 30th. Bank of America reiterated an "underperform" rating and issued a $86.00 price target (down previously from $148.00) on shares of Shake Shack in a research note on Monday, October 6th. UBS Group reiterated a "neutral" rating and issued a $140.00 price target (up previously from $100.00) on shares of Shake Shack in a research note on Friday, July 25th. TD Securities reiterated a "hold" rating and issued a $105.00 price target on shares of Shake Shack in a research note on Thursday, June 26th. Finally, TD Cowen upped their price target on shares of Shake Shack from $105.00 to $110.00 and gave the company a "hold" rating in a research note on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $124.89.

Shake Shack Stock Performance

Shares of SHAK opened at $93.38 on Wednesday. The firm has a 50-day moving average of $98.80 and a 200-day moving average of $110.33. Shake Shack has a one year low of $72.93 and a one year high of $144.65. The company has a market cap of $3.99 billion, a PE ratio of 203.00, a price-to-earnings-growth ratio of 2.24 and a beta of 1.65. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.92 and a quick ratio of 1.89.

Shake Shack (NYSE:SHAK - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.44 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.07. Shake Shack had a net margin of 1.50% and a return on equity of 9.78%. The company had revenue of $356.47 million during the quarter, compared to the consensus estimate of $352.56 million. During the same quarter last year, the firm posted $0.27 EPS. The company's quarterly revenue was up 12.6% on a year-over-year basis. Shake Shack has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts forecast that Shake Shack will post 1.26 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in SHAK. Farther Finance Advisors LLC grew its position in shares of Shake Shack by 939.3% during the 1st quarter. Farther Finance Advisors LLC now owns 291 shares of the company's stock worth $26,000 after purchasing an additional 263 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Shake Shack by 52.6% during the 1st quarter. GAMMA Investing LLC now owns 1,123 shares of the company's stock worth $99,000 after purchasing an additional 387 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Shake Shack by 53.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,421 shares of the company's stock worth $566,000 after purchasing an additional 2,229 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of Shake Shack by 74.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 13,636 shares of the company's stock worth $1,202,000 after purchasing an additional 5,840 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its position in shares of Shake Shack by 157.3% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 5,957 shares of the company's stock worth $525,000 after purchasing an additional 3,642 shares in the last quarter. Institutional investors and hedge funds own 86.07% of the company's stock.

Shake Shack Company 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.

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