Q3 EPS Estimates for Shake Shack Lowered by Zacks Research

Key Points

• Zacks Research lowered Shake Shack’s Q3 2026 EPS estimate to $0.34 from $0.37 and maintained a “Hold” rating. The full-year 2026 consensus EPS estimate is $1.13.
• Shake Shack recently reported quarterly EPS of $0.43, beating estimates of $0.31, while revenue rose 17.2% year over year to $417.62 million.
• The stock was up 3.4% at $73.38, with analysts maintaining a “Moderate Buy” consensus and an average price target of $89.74; institutional investors own 86.07% of the shares.

Shake Shack, Inc. (NYSE:SHAK - Free Report) - Stock analysts at Zacks Research dropped their Q3 2026 earnings per share estimates for shares of Shake Shack in a research note issued on Wednesday, August 19th. Zacks Research analyst Team now forecasts that the company will earn $0.34 per share for the quarter, down from their previous estimate of $0.37. Zacks Research has a "Hold" rating on the stock. The consensus estimate for Shake Shack's current full-year earnings is $1.13 per share. Zacks Research also issued estimates for Shake Shack's Q4 2026 earnings at $0.37 EPS, FY2026 earnings at $1.15 EPS, Q1 2028 earnings at $0.20 EPS, Q2 2028 earnings at $0.49 EPS and FY2028 earnings at $1.57 EPS.

Shake Shack (NYSE:SHAK - Get Free Report) last issued its 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 return on equity of 9.29% and a net margin of 2.56%.The business had revenue of $417.62 million for the quarter, compared to the consensus estimate of $417.18 million. During the same period last year, the business posted $0.44 EPS. The company's revenue was up 17.2% compared to the same quarter last year.

SHAK has been the topic of several other research reports. Gordon Haskett dropped their target price on shares of Shake Shack from $90.00 to $70.00 and set a "buy" rating on the stock in a report on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft cut their price objective on Shake Shack from $105.00 to $93.00 and set a "buy" rating for the company in a research note on Thursday, July 9th. UBS Group lowered their price target on shares of Shake Shack from $79.00 to $68.00 and set a "neutral" rating on the stock in a report on Monday, August 3rd. Jefferies Financial Group reiterated a "hold" rating and issued a $66.00 price target on shares of Shake Shack in a research report on Tuesday, June 2nd. Finally, Mizuho set a $90.00 price objective on shares of Shake Shack in a research note on Thursday, August 6th. Fifteen investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat.com, Shake Shack currently has an average rating of "Moderate Buy" and a consensus price target of $89.74.

Shake Shack Stock Up 3.4%

SHAK opened at $73.38 on Thursday. The stock has a market capitalization of $3.14 billion, a price-to-earnings ratio of 78.07, a PEG ratio of 7.78 and a beta of 1.63. The firm has a 50 day moving average price of $61.45 and a 200-day moving average price of $76.79. Shake Shack has a twelve month low of $51.60 and a twelve month high of $107.49. The company has a quick ratio of 1.64, a current ratio of 1.67 and a debt-to-equity ratio of 0.43.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Intech Investment Management LLC lifted its position in Shake Shack by 40.1% during the fourth quarter. Intech Investment Management LLC now owns 77,916 shares of the company's stock valued at $6,324,000 after purchasing an additional 22,287 shares during the last quarter. Jefferies Financial Group Inc. purchased a new position in Shake Shack during the 4th quarter valued at $2,898,000. Madison Asset Management LLC boosted its stake in shares of Shake Shack by 37.3% during the fourth quarter. Madison Asset Management LLC now owns 58,404 shares of the company's stock valued at $4,741,000 after purchasing an additional 15,852 shares during the period. Swedbank AB bought a new position in shares of Shake Shack in the fourth quarter worth about $84,092,000. Finally, D.A. Davidson & CO. grew its holdings in shares of Shake Shack by 115.5% in the fourth quarter. D.A. Davidson & CO. now owns 24,276 shares of the company's stock worth $1,970,000 after purchasing an additional 13,013 shares during the last quarter. 86.07% of the stock is currently owned by institutional investors.

About Shake Shack

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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