NYSE:SHAK - Shake Shack Stock Price, News, & Analysis

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$58.61 -0.35 (-0.59 %)
(As of 05/23/2019 03:37 PM ET)
Previous Close$58.96
Today's Range$58.16 - $59.6650
52-Week Range$40.67 - $70.12
Volume440,425 shs
Average Volume998,076 shs
Market Capitalization$2.18 billion
P/E Ratio82.55
Dividend YieldN/A
Beta1.44
Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States and internationally. Its Shacks offers hamburgers, hot dogs, chicken, crinkle cut fries, shakes, frozen custard, beer, wine, and other products. As of December 26, 2018, it operated 208 Shacks, including 124 domestic company-operated Shacks, 12 domestic licensed Shacks, and 72 international licensed Shacks. Shake Shack Inc. was founded in 2004 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Industry Eating & drinking places
Sub-IndustryN/A
SectorRetail/Wholesale
CUSIPN/A
Phone646-747-7200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$445.59 million
Cash Flow$1.4868 per share
Book Value$7.69 per share

Profitability

Net Income$15.18 million

Miscellaneous

Employees6,101
Market Cap$2.18 billion
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable

Shake Shack (NYSE:SHAK) Frequently Asked Questions

What is Shake Shack's stock symbol?

Shake Shack trades on the New York Stock Exchange (NYSE) under the ticker symbol "SHAK."

How were Shake Shack's earnings last quarter?

Shake Shack Inc (NYSE:SHAK) announced its quarterly earnings data on Thursday, May, 2nd. The company reported $0.13 EPS for the quarter, hitting the Zacks' consensus estimate of $0.13. The business earned $132.60 million during the quarter, compared to the consensus estimate of $127.23 million. Shake Shack had a return on equity of 9.64% and a net margin of 2.88%. The business's revenue for the quarter was up 33.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.15 earnings per share. View Shake Shack's Earnings History.

When is Shake Shack's next earnings date?

Shake Shack is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for Shake Shack.

What guidance has Shake Shack issued on next quarter's earnings?

Shake Shack updated its FY 2019 earnings guidance on Thursday, May, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $576-582 million, compared to the consensus revenue estimate of $576.9 million.

What price target have analysts set for SHAK?

8 Wall Street analysts have issued 12-month price targets for Shake Shack's shares. Their forecasts range from $45.08 to $70.00. On average, they anticipate Shake Shack's stock price to reach $56.11 in the next year. This suggests that the stock has a possible downside of 4.3%. View Analyst Price Targets for Shake Shack.

What is the consensus analysts' recommendation for Shake Shack?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shake Shack in the last year. There are currently 7 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Shake Shack.

Has Shake Shack been receiving favorable news coverage?

News stories about SHAK stock have been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Shake Shack earned a daily sentiment score of 0.7 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an impact on the stock's share price in the immediate future.

Who are some of Shake Shack's key competitors?

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 Netflix (NFLX), Alibaba Group (BABA), Tesla (TSLA), NVIDIA (NVDA), Gilead Sciences (GILD), Micron Technology (MU), Boeing (BA), Chipotle Mexican Grill (CMG), Twitter (TWTR) and Intel (INTC).

Who are Shake Shack's key executives?

Shake Shack's management team includes the folowing people:
  • Mr. Daniel Harris Meyer, Founder & Chairman (Age 61)
  • Mr. Randall J. Garutti, CEO & Director (Age 44)
  • Ms. Tara M. Comonte, Chief Financial Officer (Age 45)
  • Mr. Zachary Koff, Chief Operating Officer (Age 39)
  • Mr. Dave Harris, Chief Information Officer

When did Shake Shack IPO?

(SHAK) raised $75 million in an initial public offering (IPO) on Friday, January 30th 2015. The company issued 5,000,000 shares at a price of $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.

Who are Shake Shack's major shareholders?

Shake Shack's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.91%), Gilder Gagnon Howe & Co. LLC (5.45%), Renaissance Technologies LLC (4.12%), Macquarie Group Ltd. (3.54%), FMR LLC (3.24%) and OppenheimerFunds Inc. (2.71%). Company insiders that own Shake Shack stock include Daniel Harris Meyer, Equity Group LP Select, Equity Investors Vi LP Green, Jeffrey Flug, Jenna Lyons, Jonathan D Sokoloff, Peggy Rubenzer, Randall J Garutti, Robert T Vivian, Tara Comonte and Zach Koff. View Institutional Ownership Trends for Shake Shack.

Which institutional investors are selling Shake Shack stock?

SHAK stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, OppenheimerFunds Inc., Marshall Wace LLP, Marshall Wace North America L.P., First Trust Advisors LP, Goldman Sachs Group Inc., Rothschild & Co. Asset Management US Inc. and Blueshift Asset Management LLC. Company insiders that have sold Shake Shack company stock in the last year include Daniel Harris Meyer, Equity Group LP Select, Equity Investors Vi LP Green, Jeffrey Flug, Jonathan D Sokoloff, Randall J Garutti, Robert T Vivian, Tara Comonte and Zach Koff. View Insider Buying and Selling for Shake Shack.

Which institutional investors are buying Shake Shack stock?

SHAK stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Renaissance Technologies LLC, Macquarie Group Ltd., FMR LLC, Dimensional Fund Advisors LP, Maverick Capital Ltd., Apertura Capital LLC and Zevenbergen Capital Investments LLC. View Insider Buying and Selling for Shake Shack.

How do I buy shares of Shake Shack?

Shares of SHAK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Shake Shack's stock price today?

One share of SHAK stock can currently be purchased for approximately $58.61.

How big of a company is Shake Shack?

Shake Shack has a market capitalization of $2.18 billion and generates $445.59 million in revenue each year. The company earns $15.18 million in net income (profit) each year or $0.71 on an earnings per share basis. Shake Shack employs 6,101 workers across the globe.

What is Shake Shack's official website?

The official website for Shake Shack is http://www.shakeshack.com/.

How can I contact Shake Shack?

Shake Shack's mailing address is 225 VARICK STREET SUITE 301, NEW YORK NY, 10014. The company can be reached via phone at 646-747-7200 or via email at [email protected]


MarketBeat Community Rating for Shake Shack (NYSE SHAK)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  372 (Vote Outperform)
Underperform Votes:  530 (Vote Underperform)
Total Votes:  902
MarketBeat's community ratings are surveys of what our community members think about Shake Shack and other stocks. Vote "Outperform" if you believe SHAK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SHAK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/23/2019 by MarketBeat.com Staff

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