Weiss Ratings Reiterates "Hold (C)" Rating for Shake Shack (NYSE:SHAK)

Key Points

• Weiss Ratings has reiterated a "Hold (C)" rating for Shake Shack (NYSE: SHAK), indicating a cautious view on the stock's performance.
• Analysts have adjusted their price targets, with Barclays lowering its target from $160.00 to $115.00, while Jefferies has cut its rating from "Hold" to "Underperform" and increased its target from $100.00 to $120.00.
• Shake Shack reported a quarterly earnings result of $0.44 EPS, surpassing expectations, and an increase in revenue by 12.6% year-over-year.

Shake Shack (NYSE:SHAK - Get Free Report)'s stock had its "hold (c)" rating reiterated by investment analysts at Weiss Ratings in a research note issued on Friday,Weiss Ratings reports.

Other analysts have also recently issued research reports about the company. Barclays reduced their price objective on Shake Shack from $160.00 to $115.00 and set an "overweight" rating for the company in a research report on Wednesday. Jefferies Financial Group cut Shake Shack from a "hold" rating to an "underperform" rating and boosted their price target for the stock from $100.00 to $120.00 in a research report on Thursday, July 17th. Loop Capital reiterated a "hold" rating and issued a $127.00 price objective on shares of Shake Shack in a research note on Tuesday, July 8th. UBS Group dropped their price objective on Shake Shack from $140.00 to $104.00 and set a "neutral" rating on the stock in a research note on Thursday. Finally, The Goldman Sachs Group lowered their price target on Shake Shack from $160.00 to $137.00 and set a "buy" rating on the stock in a research note on Tuesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Shake Shack presently has an average rating of "Hold" and a consensus price target of $123.00.

Shake Shack Stock Up 0.5%

Shares of Shake Shack stock opened at $91.91 on Friday. The business's fifty day moving average price is $97.87 and its two-hundred day moving average price is $110.40. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.92 and a quick ratio of 1.89. The company has a market capitalization of $3.92 billion, a P/E ratio of 199.82, a PEG ratio of 2.22 and a beta of 1.65. Shake Shack has a 1-year low of $72.93 and a 1-year high of $144.65.

Shake Shack (NYSE:SHAK - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.07. The company had revenue of $356.47 million for 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%.The firm's revenue for the quarter was up 12.6% on a year-over-year basis. During the same period last year, the firm earned $0.27 EPS. Shake Shack has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, research analysts forecast that Shake Shack will post 1.26 EPS for the current year.

Hedge Funds Weigh In On Shake Shack

A number of large investors have recently added to or reduced their stakes in the company. Summit Financial LLC increased its holdings in Shake Shack by 0.7% during the 1st quarter. Summit Financial LLC now owns 13,180 shares of the company's stock worth $1,162,000 after purchasing an additional 97 shares in the last quarter. White Pine Capital LLC increased its position in shares of Shake Shack by 2.0% in the second quarter. White Pine Capital LLC now owns 4,981 shares of the company's stock valued at $700,000 after acquiring an additional 100 shares during the last quarter. Glenview Trust co grew its holdings in Shake Shack by 1.5% during the second quarter. Glenview Trust co now owns 6,925 shares of the company's stock worth $974,000 after purchasing an additional 100 shares during the period. Wealthcare Advisory Partners LLC grew its holdings in Shake Shack by 0.8% during the second quarter. Wealthcare Advisory Partners LLC now owns 13,512 shares of the company's stock worth $1,900,000 after purchasing an additional 106 shares during the period. Finally, Keybank National Association OH grew its holdings in Shake Shack by 1.8% during the second quarter. Keybank National Association OH now owns 6,079 shares of the company's stock worth $855,000 after purchasing an additional 106 shares during the period. Institutional investors own 86.07% of the company's stock.

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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