Shake Shack, Inc. (NYSE:SHAK) Receives Average Recommendation of "Hold" from Analysts

Key Points

• Shake Shack, Inc. has received a consensus rating of "Hold" from 21 brokerages, with a price target averaging $133.05.
• The company posted $0.44 EPS for the last quarter, exceeding analysts' expectations, and reported a revenue of $356.47 million, an increase of 12.6% year-over-year.
• Insider transactions included sales by Director Daniel Harris Meyer and CFO Katherine Irene Fogertey, indicating a 4.03% and 2.02% decrease in their ownership, respectively.

Shake Shack, Inc. (NYSE:SHAK - Get Free Report) has received a consensus rating of "Hold" from the twenty-one brokerages that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating, six have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $133.0526.

SHAK has been the topic of several recent research reports. Loop Capital restated a "hold" rating and issued a $127.00 price objective on shares of Shake Shack in a research report on Tuesday, July 8th. TD Cowen upped their price objective on Shake Shack from $105.00 to $110.00 and gave the stock a "hold" rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. upped their price objective on Shake Shack from $100.00 to $110.00 and gave the stock an "underweight" rating in a research report on Wednesday, June 25th. Bank of America upped their price objective on Shake Shack from $134.00 to $148.00 and gave the stock a "neutral" rating in a research report on Friday, July 18th. Finally, Raymond James Financial restated a "strong-buy" rating and issued a $160.00 price objective (down previously from $165.00) on shares of Shake Shack in a research report on Friday, August 1st.

Shake Shack Stock Performance

SHAK opened at $94.20 on Friday. Shake Shack has a 12-month low of $72.93 and a 12-month high of $144.65. 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 $4.02 billion, a PE ratio of 204.79, a P/E/G ratio of 2.18 and a beta of 1.68. The firm has a 50 day moving average of $110.14 and a two-hundred day moving average of $109.72.

Shake Shack (NYSE:SHAK - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.44 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $352.56 million. During the same period last year, the firm posted $0.27 EPS. Shake Shack's revenue for the quarter was up 12.6% compared to the same quarter last year. Shake Shack has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts anticipate that Shake Shack will post 1.26 EPS for the current year.

Insider Buying and Selling

In other news, Director Daniel Harris Meyer sold 14,200 shares of the business's stock in a transaction that occurred on Wednesday, July 2nd. The stock was 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 $47,422,535.04. The trade was a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Katherine Irene Fogertey sold 670 shares of the business's stock in a transaction that occurred on Tuesday, July 8th. The shares were sold at an average price of $140.03, for a total value 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. Insiders sold 32,693 shares of company stock valued at $4,568,706 over the last 90 days. Company insiders own 8.50% of the company's stock.

Institutional Trading of Shake Shack

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Orion Porfolio Solutions LLC purchased a new stake in shares of Shake Shack in the second quarter valued at approximately $263,000. Thrivent Financial for Lutherans lifted its position in shares of Shake Shack by 0.6% in the second quarter. Thrivent Financial for Lutherans now owns 29,576 shares of the company's stock valued at $4,158,000 after acquiring an additional 175 shares in the last quarter. Hudson Bay Capital Management LP purchased a new position in shares of Shake Shack in the second quarter valued at approximately $3,836,000. Public Sector Pension Investment Board lifted its position in shares of Shake Shack by 8.0% in the second quarter. Public Sector Pension Investment Board now owns 137,109 shares of the company's stock valued at $19,278,000 after acquiring an additional 10,169 shares in the last quarter. Finally, Evergreen Capital Management LLC lifted its position in shares of Shake Shack by 9.7% in the second quarter. Evergreen Capital Management LLC now owns 3,265 shares of the company's stock valued at $459,000 after acquiring an additional 290 shares in the last quarter. 86.07% of the stock is currently owned by hedge funds and other institutional investors.

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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