Madison Asset Management LLC purchased a new stake in shares of Shake Shack, Inc. (NYSE:SHAK - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 57,938 shares of the company's stock, valued at approximately $3,246,000. Madison Asset Management LLC owned 0.14% of Shake Shack as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Hilton Head Capital Partners LLC bought a new stake in shares of Shake Shack during the 4th quarter worth about $25,000. Geneos Wealth Management Inc. bought a new position in shares of Shake Shack in the first quarter valued at approximately $26,000. Assetmark Inc. boosted its holdings in shares of Shake Shack by 457.6% in the fourth quarter. Assetmark Inc. now owns 368 shares of the company's stock valued at $30,000 after acquiring an additional 302 shares in the last quarter. UMB Bank n.a. increased its stake in shares of Shake Shack by 42.2% during the fourth quarter. UMB Bank n.a. now owns 391 shares of the company's stock valued at $32,000 after acquiring an additional 116 shares during the period. Finally, Advisory Services Network LLC acquired a new position in shares of Shake Shack during the third quarter valued at approximately $38,000. 86.07% of the stock is currently owned by institutional investors.
Shake Shack Stock Up 0.9%
NYSE:SHAK opened at $73.96 on Friday. The firm has a market capitalization of $3.17 billion, a price-to-earnings ratio of 78.68, a PEG ratio of 8.01 and a beta of 1.63. Shake Shack, Inc. has a 1-year low of $51.60 and a 1-year high of $107.49. The company has a current ratio of 1.67, a quick ratio of 1.64 and a debt-to-equity ratio of 0.43. The business's fifty day moving average price is $61.76 and its 200 day moving average price is $76.69.
Shake Shack (NYSE:SHAK - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.31 by $0.12. Shake Shack had a net margin of 2.56% and a return on equity of 9.29%. The business had revenue of $417.62 million for the quarter, compared to analysts' expectations of $417.18 million. During the same period in the previous year, the company posted $0.44 EPS. Shake Shack's revenue was up 17.2% on a year-over-year basis. On average, sell-side analysts forecast that Shake Shack, Inc. will post 1.13 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on the company. Wall Street Zen upgraded Shake Shack from a "strong sell" rating to a "sell" rating in a research report on Saturday, August 8th. Mizuho set a $90.00 price target on Shake Shack in a research report on Thursday, August 6th. The Goldman Sachs Group reissued a "buy" rating on shares of Shake Shack in a research note on Friday, May 8th. JPMorgan Chase & Co. cut their price objective on Shake Shack from $100.00 to $85.00 and set a "neutral" rating for the company in a report on Friday, May 8th. Finally, TD Cowen reaffirmed a "hold" rating on shares of Shake Shack in a research note on Wednesday, August 5th. Fifteen analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $89.74.
Get Our Latest Analysis on Shake Shack
Key Shake Shack News
Here are the key news stories impacting Shake Shack this week:
- Positive Sentiment: Shake Shack is receiving attention for its beverage strategy, suggesting the company is using drinks and related marketing to strengthen customer engagement, differentiate its brand and potentially support sales. How Shake Shack is Owning the Beverage Conversation
- Positive Sentiment: A Seeking Alpha analysis said strong restaurant traffic and continued unit growth support a bullish investment case for SHAK, indicating demand and expansion remain important growth drivers. Shake Shack: Traffic And Unit Growth Support Buy, But Margins Still Need To Catch Up
- Neutral Sentiment: Zacks Research raised its fiscal 2026 EPS forecast to $1.15 from $1.13 and increased its fourth-quarter 2026 estimate to $0.37 from $0.34. However, the firm maintained a Hold rating, suggesting the revisions are not viewed as a decisive change in the investment outlook. Zacks Research earnings estimate updates
- Negative Sentiment: Zacks lowered its estimates for third-quarter 2026 EPS to $0.34 from $0.37, first-quarter 2028 EPS to $0.20 from $0.23, second-quarter 2028 EPS to $0.49 from $0.51, and fiscal 2028 EPS to $1.57 from $1.68. The longer-term cuts point to some pressure on expected earnings growth. Zacks Research earnings estimate updates
- Negative Sentiment: Another analysis downgraded Shake Shack, citing weakening pricing power. That raises concern that promotions, customer sensitivity or cost inflation could limit revenue gains and profitability. Shake Shack: Pricing Power Is Weakening (Downgrade)
Shake Shack Company Profile
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Free Report)
Shake Shack, Inc NYSE: SHAK is a publicly traded hospitality company known for its modern take on the classic American roadside burger stand. The company operates a chain of quick-casual restaurants offering premium hamburgers, hot dogs, crinkle-cut fries, frozen custard, milkshakes and a curated selection of beer and wine. Shake Shack emphasizes high-quality ingredients, including 100% all-natural Angus beef with no hormones or antibiotics, and works with local suppliers where possible to maintain its commitment to fresh, responsibly sourced food.
Shake Shack traces its origins to a hot dog cart opened in New York City's Madison Square Park in 2001 by Danny Meyer's Union Square Hospitality Group.
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