NYSE:SHAK Shake Shack (SHAK) Stock Forecast, Price & News $67.40 -0.14 (-0.21%) (As of 10:33 AM ET) Add Compare Share Share Today's Range$67.26▼$68.5850-Day Range$52.56▼$70.3052-Week Range$37.72▼$71.93Volume159,520 shsAverage Volume903,969 shsMarket Capitalization$2.84 billionP/E RatioN/ADividend YieldN/APrice Target$63.64 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Shake Shack MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside5.7% Downside$63.64 Price TargetShort InterestHealthy7.79% of Float Sold ShortDividend StrengthN/ASustainability-2.23Upright™ Environmental ScoreNews Sentiment0.06Based on 13 Articles This WeekInsider TradingN/AProj. Earnings Growth66.67%From $0.15 to $0.25 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.80 out of 5 starsRetail/Wholesale Sector311th out of 424 stocksEating & Drinking Places Industry7th out of 12 stocks 1.1 Analyst's Opinion Consensus RatingShake Shack has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 3 buy ratings, 9 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $63.64, Shake Shack has a forecasted downside of 5.7% from its current price of $67.51.Amount of Analyst CoverageShake Shack has only been the subject of 4 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted7.79% of the float of Shake Shack has been sold short.Short Interest Ratio / Days to CoverShake Shack has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Shake Shack has recently decreased by 21.98%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldShake Shack does not currently pay a dividend.Dividend GrowthShake Shack does not have a long track record of dividend growth. Previous Next 1.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreShake Shack has received a -19.78% net impact score from Upright. The largest negative impact of Shake Shack in category "Physical diseases" seems to be driven mostly by its "Hot dogs", "Beer", "Milkshakes", and "Fast food hamburgers" products. See details.Environmental SustainabilityThe Environmental Impact score for Shake Shack is -2.23. Previous Next 2.8 News and Social Media Coverage News SentimentShake Shack has a news sentiment score of 0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Shake Shack this week, compared to 9 articles on an average week.Search Interest29 people have searched for SHAK on MarketBeat in the last 30 days. This is an increase of 71% compared to the previous 30 days.MarketBeat Follows6 people have added Shake Shack to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Shake Shack insiders have not sold or bought any company stock.Percentage Held by Insiders10.06% of the stock of Shake Shack is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions83.55% of the stock of Shake Shack is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Shake Shack are expected to grow by 66.67% in the coming year, from $0.15 to $0.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Shake Shack is -173.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Shake Shack is -173.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioShake Shack has a P/B Ratio of 6.78. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Shake Shack (NYSE:SHAK) StockShake Shack, Inc. engages in the operation and licensing of Shake Shack restaurants which serve burgers, hot dogs, crinkle cut fries, shakes, frozen custard, beer, wine, and more. The company was founded by Daniel Harris Meyer on September 23, 2014 and is headquartered in New York, NY.Read More Receive SHAK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Shake Shack and its competitors with MarketBeat's FREE daily newsletter. Email Address SHAK Stock News HeadlinesMay 17, 2023 | marketbeat.comShake Shake Board Shakeup Shoots Shares HigherShake Shack stock surged as activist investor Engaged Capital seeks a bigger role in company operations to potentially spark price and earnings growth.June 1, 2023 | msn.comRichmond-area Shake Shack to open June 9, first in Virginia with a drive-thruJune 2, 2023 | Edge On The Street (Ad)How to Invest in AI's Fast-Growing MarketThe AI market stands at $160 billion in 2023. Estimates are the AI market will grow 20-fold to $1.8 TRILLION by 2030. One little-known company is looking to win big with a new network technology no one else has. AI could explode... and soon.June 1, 2023 | msn.comHit Japanese Bakery Tanaka, Shake Shack to Open in TualatinMay 31, 2023 | markets.businessinsider.comTD Cowen Keeps Their Hold Rating on Shake Shack (SHAK)May 31, 2023 | msn.comRichmond's first Shake Shack opens next weekMay 31, 2023 | msn.comShake Shack announces a third Oregon locationMay 31, 2023 | bizjournals.comShake Shack, Tanaka opening in Tualatin's Bridgeport VillageJune 2, 2023 | Edge On The Street (Ad)How to Invest in AI's Fast-Growing MarketThe AI market stands at $160 billion in 2023. Estimates are the AI market will grow 20-fold to $1.8 TRILLION by 2030. One little-known company is looking to win big with a new network technology no one else has. AI could explode... and soon.May 31, 2023 | msn.comShake Shack to open third location in OregonMay 30, 2023 | msn.comShake Shack to open location in Bridgeport VillageMay 29, 2023 | markets.businessinsider.comStifel Nicolaus Sticks to Their Hold Rating for Shake Shack (SHAK)May 27, 2023 | msn.comHere’s why Shake Shack’s recent deal with Engaged Capital may have fallen short for shareholdersMay 26, 2023 | msn.comVauxhall Parkway Rest Area to Open (with Shake Shack, Starbucks and More) Mid-SummerMay 25, 2023 | msn.comAre You Looking for a Top Momentum Pick? Why Shake Shack (SHAK) is a Great ChoiceMay 25, 2023 | msn.comFirst Orange County Shake Shack to open Friday at Irvine SpectrumMay 25, 2023 | finance.yahoo.comDanny Meyer Looks at His Phone and Sees a Juicy SteakMay 25, 2023 | finance.yahoo.comAs Activists 'Yelp,' Should Investors Buy?May 25, 2023 | markets.businessinsider.comShake Shack (SHAK) Gets a Hold from Stifel NicolausMay 24, 2023 | finance.yahoo.comShake Shack to Participate in June Investor ConferencesMay 24, 2023 | msn.comShake Shack just announced a major change to its menus nationwide — including a product made with help from AIMay 22, 2023 | msn.comSusquehanna Valley Shake Shack opens todayMay 22, 2023 | americanbankingnews.comShake Shack (NYSE:SHAK) Upgraded at Morgan StanleyMay 20, 2023 | americanbankingnews.comStifel Nicolaus Boosts Shake Shack (NYSE:SHAK) Price Target to $65.00May 19, 2023 | msn.comShake Shack opens on Monday at the Crossings Plaza in LancasterMay 19, 2023 | markets.businessinsider.comShake Shack's Agreement With Activist Investor Alleviates Concern, Says AnalystMay 18, 2023 | msn.comShake Shack Appoints Ex-Domino’s CFO as a Director to Settle With ActivistSee More Headlines SHAK Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SHAK Company Calendar Last Earnings5/04/2023Today6/01/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Eating & drinking places Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNYSE:SHAK CUSIPN/A CIK1620533 Webwww.shakeshack.com Phone(646) 747-7200FaxN/AEmployees11,704Year Founded2004Price Target and Rating Average Stock Price Forecast$63.64 High Stock Price Forecast$75.00 Low Stock Price Forecast$48.00 Forecasted Upside/Downside-5.8%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)($0.39) Trailing P/E RatioN/A Forward P/E Ratio450.27 P/E GrowthN/ANet Income$-24,090,000.00 Net Margins-1.63% Pretax Margin-1.00% Return on Equity-1.19% Return on Assets-0.34% Debt Debt-to-Equity Ratio0.58 Current Ratio2.31 Quick Ratio2.28 Sales & Book Value Annual Sales$900.49 million Price / Sales3.16 Cash Flow$1.54 per share Price / Cash Flow43.97 Book Value$9.96 per share Price / Book6.78Miscellaneous Outstanding Shares42,160,000Free Float37,920,000Market Cap$2.85 billion OptionableOptionable Beta1.69 Social Links Key ExecutivesRandy GaruttiChief Executive Officer & DirectorZachary KoffChief Operating OfficerKatherine FogerteyChief Financial OfficerDave HarrisChief Information OfficerRon PalmeseSecretary, Chief Legal Officer & Vice PresidentKey CompetitorsWendy'sNASDAQ:WENACV AuctionsNASDAQ:ACVAGMSNYSE:GMSNordstromNYSE:JWNCarvanaNYSE:CVNAView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 483 shares on 5/26/2023Ownership: 0.013%Ameriprise Financial Inc.Sold 6,419 shares on 5/22/2023Ownership: 0.359%New York State Common Retirement FundSold 7,000 shares on 5/18/2023Ownership: 0.067%Thrivent Financial for LutheransSold 1,296 shares on 5/17/2023Ownership: 0.088%Cim Investment Management Inc.Bought 195 shares on 5/16/2023Ownership: 0.013%View All Insider TransactionsView All Institutional Transactions SHAK Stock - Frequently Asked Questions Should I buy or sell Shake Shack stock right now? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Shake Shack in the last year. There are currently 9 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SHAK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SHAK, but not buy additional shares or sell existing shares. View SHAK analyst ratings or view top-rated stocks. What is Shake Shack's stock price forecast for 2023? 12 equities research analysts have issued twelve-month price objectives for Shake Shack's stock. Their SHAK share price forecasts range from $48.00 to $75.00. On average, they predict the company's stock price to reach $63.64 in the next year. This suggests that the stock has a possible downside of 5.8%. View analysts price targets for SHAK or view top-rated stocks among Wall Street analysts. How have SHAK shares performed in 2023? Shake Shack's stock was trading at $41.53 at the start of the year. Since then, SHAK stock has increased by 62.6% and is now trading at $67.54. View the best growth stocks for 2023 here. Are investors shorting Shake Shack? Shake Shack saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 2,910,000 shares, a decline of 22.0% from the April 30th total of 3,730,000 shares. Based on an average daily trading volume, of 906,300 shares, the days-to-cover ratio is presently 3.2 days. Approximately 7.8% of the shares of the company are sold short. View Shake Shack's Short Interest. When is Shake Shack's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our SHAK earnings forecast. How were Shake Shack's earnings last quarter? Shake Shack Inc. (NYSE:SHAK) issued its earnings results on Thursday, May, 4th. The company reported ($0.01) earnings per share for the quarter, beating analysts' consensus estimates of ($0.09) by $0.08. The firm had revenue of $253.30 million for the quarter, compared to analysts' expectations of $245.84 million. Shake Shack had a negative net margin of 1.63% and a negative trailing twelve-month return on equity of 1.19%. The business's quarterly revenue was up 24.5% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.19) earnings per share. What ETFs hold Shake Shack's stock? ETFs with the largest weight of Shake Shack (NYSE:SHAK) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), AdvisorShares Alpha DNA Equity Sentiment ETF (SENT), AdvisorShares Restaurant ETF (EATZ), Xtrackers S&P SmallCap 600 ESG ETF (SMLE), SPDR S&P SmallCap 600 ESG ETF (ESIX), Syntax Stratified SmallCap ETF (SSLY), iShares ESG Screened S&P Small-Cap ETF (XJR) and iShares S&P Small-Cap 600 Growth ETF (IJT). What guidance has Shake Shack issued on next quarter's earnings? Shake Shack updated its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $269.50 million-$274.80 million, compared to the consensus revenue estimate of $277.68 million. What is Randy Garutti's approval rating as Shake Shack's CEO? 269 employees have rated Shake Shack Chief Executive Officer Randy Garutti on Glassdoor.com. Randy Garutti has an approval rating of 93% among the company's employees. This puts Randy Garutti in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Shake Shack own? Based on aggregate information from My MarketBeat watchlists, some companies that other Shake Shack investors own include NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), Walt Disney (DIS), Tesla (TSLA), Micron Technology (MU), Starbucks (SBUX), Intel (INTC), Boeing (BA) and PayPal (PYPL). When did Shake Shack IPO? (SHAK) raised $75 million in an IPO on Friday, January 30th 2015. The company issued 5,000,000 shares at $14.00-$16.00 per share. J.P. Morgan and Morgan Stanley served as the underwriters for the IPO and Barclays, Goldman Sachs, Jefferies, William Blair and Stifel were co-managers. What is Shake Shack's stock symbol? Shake Shack trades on the New York Stock Exchange (NYSE) under the ticker symbol "SHAK." Who are Shake Shack's major shareholders? Shake Shack's stock is owned by a variety of retail and institutional investors. Top institutional investors include Gilder Gagnon Howe & Co. LLC (3.76%), Champlain Investment Partners LLC (3.06%), State Street Corp (3.05%), Geode Capital Management LLC (1.64%), Dimensional Fund Advisors LP (1.62%) and Balyasny Asset Management L.P. (1.23%). Insiders that own company stock include Daniel Harris Meyer, Jeffrey Flug, Jenna Lyons, Randall J Garutti, Tara Comonte and Zach Koff. View institutional ownership trends. How do I buy shares of Shake Shack? Shares of SHAK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Shake Shack's stock price today? One share of SHAK stock can currently be purchased for approximately $67.54. How much money does Shake Shack make? Shake Shack (NYSE:SHAK) has a market capitalization of $2.85 billion and generates $900.49 million in revenue each year. The company earns $-24,090,000.00 in net income (profit) each year or ($0.39) on an earnings per share basis. How many employees does Shake Shack have? The company employs 11,704 workers across the globe. Does Shake Shack have any subsidiaries? The following companies are subsidiares of Shake Shack: SSE Holdings LLC, SSE IP LLC, Shake Shack Domestic Licensing LLC, Shake Shack Enterprises International LLC, Shake Shack Enterprises LLC, Shake Shack Mobile LLC, Shake Shack Texas Beverage Company LLC, Shake Shack Texas Holding Company LLC, and Shake Shack Texas Management Company LLC.Read More How can I contact Shake Shack? Shake Shack's mailing address is 225 VARICK STREET SUITE 301, NEW YORK NY, 10014. The official website for the company is www.shakeshack.com. The company can be reached via phone at (646) 747-7200 or via email at investor@shakeshack.com. This page (NYSE:SHAK) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Shake Shack Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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