FY2025 Earnings Forecast for Shake Shack Inc. Issued By William Blair (NYSE:SHAK)

Shake Shack Inc. (NYSE:SHAK - Free Report) - Equities research analysts at William Blair decreased their FY2025 earnings estimates for Shake Shack in a research note issued on Wednesday, April 24th. William Blair analyst S. Zackfia now forecasts that the company will earn $0.96 per share for the year, down from their previous forecast of $0.97. The consensus estimate for Shake Shack's current full-year earnings is $0.71 per share.

Shake Shack (NYSE:SHAK - Get Free Report) last released its quarterly earnings results on Thursday, February 15th. The company reported $0.02 EPS for the quarter. Shake Shack had a net margin of 1.82% and a return on equity of 3.67%. The business had revenue of $286.20 million for the quarter, compared to analyst estimates of $280.45 million. During the same period last year, the firm earned ($0.06) earnings per share. Shake Shack's revenue for the quarter was up 20.0% compared to the same quarter last year.

Other equities analysts have also issued reports about the stock. Oppenheimer raised their price target on shares of Shake Shack from $108.00 to $120.00 and gave the stock an "outperform" rating in a research report on Friday, March 22nd. Morgan Stanley increased their price objective on shares of Shake Shack from $88.00 to $105.00 and gave the stock an "equal weight" rating in a research note on Friday, April 12th. StockNews.com lowered shares of Shake Shack from a "hold" rating to a "sell" rating in a report on Monday, March 4th. Wedbush reaffirmed a "neutral" rating and set a $80.00 price target on shares of Shake Shack in a report on Wednesday, February 14th. Finally, Raymond James lifted their price objective on shares of Shake Shack from $90.00 to $115.00 and gave the company a "strong-buy" rating in a research note on Friday, February 16th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $88.67.

Shake Shack Stock Performance

NYSE:SHAK traded up $0.92 during mid-day trading on Monday, reaching $105.80. 844,576 shares of the company's stock were exchanged, compared to its average volume of 942,552. Shake Shack has a one year low of $52.64 and a one year high of $110.90. The firm has a market capitalization of $4.48 billion, a PE ratio of 230.65, a price-to-earnings-growth ratio of 3.78 and a beta of 1.80. The business's fifty day simple moving average is $101.55 and its two-hundred day simple moving average is $78.98. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.01 and a current ratio of 2.04.

Insider Buying and Selling

In related news, Director Jeffrey Flug sold 304 shares of the business's stock in a transaction on Monday, March 4th. The stock was sold at an average price of $108.05, for a total transaction of $32,847.20. Following the sale, the director now owns 4,058 shares in the company, valued at approximately $438,466.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Director Jeffrey Flug sold 304 shares of the business's stock in a transaction on Monday, March 4th. The stock was sold at an average price of $108.05, for a total transaction of $32,847.20. Following the sale, the director now owns 4,058 shares in the company, valued at approximately $438,466.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Daniel Harris Meyer sold 23,966 shares of the company's stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $100.13, for a total value of $2,399,715.58. Following the completion of the sale, the director now owns 526,471 shares in the company, valued at approximately $52,715,541.23. The disclosure for this sale can be found here. Insiders have sold 100,760 shares of company stock worth $10,190,420 in the last 90 days. Insiders own 10.06% of the company's stock.

Institutional Investors Weigh In On Shake Shack

Institutional investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio bought a new stake in shares of Shake Shack in the 3rd quarter valued at about $1,700,000. Raymond James Financial Services Advisors Inc. grew its position in shares of Shake Shack by 60.7% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 77,901 shares of the company's stock valued at $5,774,000 after buying an additional 29,431 shares during the last quarter. California Public Employees Retirement System lifted its stake in shares of Shake Shack by 14.6% in the 3rd quarter. California Public Employees Retirement System now owns 67,466 shares of the company's stock valued at $3,918,000 after purchasing an additional 8,615 shares during the period. Aigen Investment Management LP acquired a new position in shares of Shake Shack in the 3rd quarter valued at about $216,000. Finally, Campbell & CO Investment Adviser LLC lifted its stake in shares of Shake Shack by 1,816.5% in the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 80,339 shares of the company's stock valued at $4,665,000 after purchasing an additional 76,147 shares during the period. Institutional investors 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.