Shake Shack (SHAK) Expected to Announce Earnings on Thursday

Shake Shack (NYSE:SHAK - Get Free Report) will likely be releasing its Q1 2025 earnings data before the market opens on Thursday, May 1st. Analysts expect Shake Shack to post earnings of $0.16 per share and revenue of $330.24 million for the quarter. Shake Shack has set its Q1 2025 guidance at EPS.

Shake Shack (NYSE:SHAK - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.01. Shake Shack had a net margin of 0.81% and a return on equity of 8.40%. The firm had revenue of $328.68 million for the quarter, compared to analyst estimates of $329.02 million. On average, analysts expect Shake Shack to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shake Shack Stock Performance

Shares of SHAK traded down $2.89 during midday trading on Tuesday, reaching $86.78. The stock had a trading volume of 386,917 shares, compared to its average volume of 1,070,743. The firm has a market cap of $3.69 billion, a PE ratio of 378.17 and a beta of 1.80. The firm has a 50 day simple moving average of $91.27 and a 200-day simple moving average of $111.87. Shake Shack has a one year low of $72.93 and a one year high of $139.89. The company has a current ratio of 1.97, a quick ratio of 1.98 and a debt-to-equity ratio of 0.50.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on SHAK shares. Truist Financial cut their price objective on Shake Shack from $154.00 to $131.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Wedbush increased their price objective on shares of Shake Shack from $115.00 to $125.00 and gave the company a "neutral" rating in a research report on Friday, February 21st. Wells Fargo & Company started coverage on shares of Shake Shack in a research note on Wednesday, March 26th. They issued an "equal weight" rating and a $95.00 price target on the stock. Oppenheimer cut their price objective on shares of Shake Shack from $155.00 to $125.00 and set an "outperform" rating for the company in a research report on Wednesday, April 9th. Finally, Loop Capital raised Shake Shack from a "hold" rating to a "buy" rating and set a $127.00 target price on the stock in a research report on Tuesday, April 1st. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $116.38.

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.