Shake Shack, Inc. (NYSE:SHAK) Receives $133.05 Average Target Price from Analysts

Key Points

• Shake Shack, Inc. has received an average rating of "Hold" from 21 analysts, with one strong buy, six buy, twelve hold, and two sell ratings.
• The stock's average 1-year price target among brokerages is $133.05, indicating mixed analyst outlooks.
• Shake Shack's recent quarterly earnings report showed $0.44 EPS, beating expectations, with year-over-year revenue growth of 12.6%.

Shake Shack, Inc. (NYSE:SHAK - Get Free Report) has received an average recommendation of "Hold" from the twenty-one analysts that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $133.0526.

Several research analysts have recently weighed in on the company. Oppenheimer reaffirmed an "outperform" rating and set a $160.00 price objective (up from $125.00) on shares of Shake Shack in a research report on Thursday, June 26th. JPMorgan Chase & Co. lifted their target price on Shake Shack from $100.00 to $110.00 and gave the company an "underweight" rating in a research report on Wednesday, June 25th. TD Securities reaffirmed a "hold" rating and issued a $105.00 target price on shares of Shake Shack in a research report on Thursday, June 26th. The Goldman Sachs Group lifted their target price on Shake Shack from $120.00 to $145.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. Finally, KeyCorp began coverage on Shake Shack in a research report on Monday, June 2nd. They issued a "sector weight" rating on the stock.

Insider Transactions at Shake Shack

In related news, Director Daniel Harris Meyer sold 14,200 shares of the firm's stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $140.31, for a total value of $1,992,402.00. Following the completion of the sale, the director directly owned 337,984 shares in the company, valued at approximately $47,422,535.04. This trade represents a 4.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Katherine Irene Fogertey sold 670 shares of the firm's stock in a transaction dated Tuesday, July 8th. The shares were sold at an average price of $140.03, for a total transaction of $93,820.10. Following the completion of the sale, the chief financial officer owned 32,495 shares of the company's stock, valued at $4,550,274.85. This trade represents a 2.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 57,211 shares of company stock worth $7,944,616. 8.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On Shake Shack

Hedge funds have recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. lifted its stake in Shake Shack by 157.3% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 5,957 shares of the company's stock valued at $525,000 after purchasing an additional 3,642 shares during the last quarter. Janus Henderson Group PLC lifted its stake in Shake Shack by 6.2% in the 4th quarter. Janus Henderson Group PLC now owns 17,064 shares of the company's stock valued at $2,216,000 after purchasing an additional 1,000 shares during the last quarter. Bessemer Group Inc. grew its stake in Shake Shack by 60.7% in the 1st quarter. Bessemer Group Inc. now owns 5,874 shares of the company's stock valued at $518,000 after buying an additional 2,218 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Shake Shack by 53.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,421 shares of the company's stock worth $566,000 after acquiring an additional 2,229 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in Shake Shack by 13,353.1% during the first quarter. GAMMA Investing LLC now owns 99,015 shares of the company's stock worth $8,730,000 after acquiring an additional 98,279 shares during the last quarter. 86.07% of the stock is currently owned by institutional investors and hedge funds.

Shake Shack Stock Down 1.7%

Shares of SHAK stock traded down $1.80 on Monday, hitting $103.39. 520,034 shares of the stock were exchanged, compared to its average volume of 1,442,123. The company has a current ratio of 1.92, a quick ratio of 1.89 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $4.41 billion, a P/E ratio of 224.36, a price-to-earnings-growth ratio of 2.42 and a beta of 1.68. The business has a 50-day moving average of $123.03 and a 200 day moving average of $110.49. Shake Shack has a fifty-two week low of $72.93 and a fifty-two week high of $144.65.

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

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.