Shake Shack Stock Price, News & Analysis (NYSE:SHAK) $61.66 +1.10 (+1.82%) (As of 12/1/2023 ET) Add Compare Share Share Today's Range$59.94▼$61.8850-Day Range$53.54▼$62.4752-Week Range$40.83▼$80.58Volume576,684 shsAverage Volume634,523 shsMarket Capitalization$2.61 billionP/E Ratio1,541.89Dividend YieldN/APrice Target$71.06 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Shake Shack MarketRank™ Stock AnalysisAnalyst RatingHold2.27 Rating ScoreUpside/Downside15.2% Upside$71.06 Price TargetShort InterestHealthy7.65% of Float Sold ShortDividend StrengthN/ASustainability-2.23Upright™ Environmental ScoreNews Sentiment0.14Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth35.29%From $0.34 to $0.46 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.2.36 out of 5 starsRetail/Wholesale Sector75th out of 198 stocksEating & Drinking Places Industry3rd out of 5 stocks 3.1 Analyst's Opinion Consensus RatingShake Shack has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 4 buy ratings, 11 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $71.06, Shake Shack has a forecasted upside of 15.2% from its current price of $61.66.Amount of Analyst CoverageShake Shack has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted7.65% 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 3.7, 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 7.74%, 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 2.3 News and Social Media Coverage News SentimentShake Shack has a news sentiment score of 0.14. 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 0.55 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Shake Shack this week, compared to 11 articles on an average week.Search Interest4 people have searched for SHAK on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows4 people have added Shake Shack to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 Institutions91.70% 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 35.29% in the coming year, from $0.34 to $0.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Shake Shack is 1,541.89, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 116.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Shake Shack is 1,541.89, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 24.04.Price to Book Value per Share RatioShake Shack has a P/B Ratio of 5.90. 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 Stock (NYSE:SHAK)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.Read More SHAK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SHAK Stock News HeadlinesNovember 8, 2023 | marketbeat.comMarkets are loving what CAVA's future has to offer (SHAK)CAVA stock is about to make a splash; markets are betting on an earnings beat and a massive rally - here's why you shouldn't let this one pass you byDecember 1, 2023 | msn.comShake Shack to open new location in South BayDecember 2, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. December 1, 2023 | msn.comHere’s when Shake Shack opens in Tri-StateDecember 1, 2023 | finance.yahoo.comShake Shack (SHAK) Fell Due to Negative Market SentimentDecember 1, 2023 | msn.comOpening date announced for Shake Shack in Liberty TownshipNovember 29, 2023 | americanbankingnews.comShake Shack (NYSE:SHAK) Rating Reiterated by Truist FinancialNovember 28, 2023 | msn.comWhere does Justin Bieber like to eat out? 5 US restaurants the pop star and his wife Hailey visited, plus fast food like Shake Shack and Starbucks – but where does he have a ...December 2, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 28, 2023 | americanbankingnews.comShake Shack (NYSE:SHAK) Stock Rating Reaffirmed by Truist FinancialNovember 27, 2023 | msn.comShake Shack to open new Cedar Park location on December 5November 25, 2023 | msn.comIt Turns Out Ina Garten's A Pretty Big Shake Shack FanNovember 24, 2023 | finance.yahoo.comShake Shack (NYSE:SHAK) Could Be Struggling To Allocate CapitalNovember 21, 2023 | msn.comShake Shack among four new restaurants planned for St. Louis ParkNovember 21, 2023 | msn.comShake Shack's New Line Of Merch Takes A Page From The Academia AestheticNovember 20, 2023 | msn.comShake Shack among 4 new restaurants planned for St. Louis ParkNovember 20, 2023 | seekingalpha.comShake Shack: Rating Upgrade As Profitability Shows Great ImprovementNovember 16, 2023 | bizjournals.comShake Shack, Sweetgreen, Snooze Eatery plan to open at West End outlotNovember 14, 2023 | yahoo.comShake Shack is giving out free chicken sandwiches: How to redeem the limited-time dealNovember 14, 2023 | msn.comShake Shack is giving out free chicken sandwiches this weekNovember 14, 2023 | markets.businessinsider.com7 Analysts Have This to Say About Shake ShackNovember 14, 2023 | msn.comHere's how to get a free Shake Shack chicken sandwich all week through Nov. 19 2023 despite no NFL chicken danceNovember 13, 2023 | msn.comShake Shack Is Giving Away Free Chicken Sandwiches All WeekNovember 13, 2023 | yahoo.comNo chicken dance: Now, score a free Shake Shack sandoNovember 13, 2023 | msn.comShake Shack offering free chicken sandwich deal. Here’s where to get one in NashvilleNovember 13, 2023 | yahoo.comYou Need 2 Spices To Make Copycat Shake Shack SauceNovember 12, 2023 | msn.comShake Shack 'Chicken Dance' promotion: How fans can get free chicken sandwiches from NFL touchdown celebrationSee More Headlines 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 Company Calendar Last Earnings11/02/2023Today12/02/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/15/2024Get 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 Target$71.06 High Stock Price Target$85.00 Low Stock Price Target$58.00 Potential Upside/Downside+15.2%Consensus RatingHold Rating Score (0-4)2.27 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$0.04 Trailing P/E Ratio1,541.89 Forward P/E Ratio181.35 P/E GrowthN/ANet Income$-24,090,000.00 Net Margins0.22% Pretax Margin1.08% Return on Equity2.93% Return on Assets0.82% Debt Debt-to-Equity Ratio0.56 Current Ratio2.12 Quick Ratio2.09 Sales & Book Value Annual Sales$900.49 million Price / Sales2.90 Cash Flow$1.51 per share Price / Cash Flow40.89 Book Value$10.45 per share Price / Book5.90Miscellaneous Outstanding Shares42,300,000Free Float38,046,000Market Cap$2.61 billion OptionableOptionable Beta1.70 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Daniel Harris Meyer (Age 65)Founder & Chairman of the Board of Directors Comp: $18.75kMr. Randall J. Garutti (Age 48)CEO & Director Comp: $1.85MMs. Katherine Irene Fogertey (Age 39)Chief Financial Officer Comp: $794.52kMr. Dave HarrisChief Information OfficerMr. Michael OrioloSenior Director of FP&A and IRMr. Ronald Palmese Jr. (Age 44)Esq., Chief Legal Officer Comp: $340.02kMr. Jay LivingstonChief Marketing OfficerMs. Diane NevilleChief People OfficerMr. Michael KarkChief Global Licensing OfficerMr. Andrew McCaughanChief Development OfficerMore ExecutivesKey CompetitorsWendy'sNASDAQ:WENQurate RetailNASDAQ:QRTEBKohl'sNYSE:KSSTripadvisorNASDAQ:TRIPGMSNYSE:GMSView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Bought 1,561 shares on 11/30/2023Ownership: 0.035%Savoir Faire Capital Management L.P.Bought 26,603 shares on 11/28/2023Ownership: 0.063%Deutsche Bank AGBought 2,232 shares on 11/24/2023Ownership: 0.048%Public Sector Pension Investment BoardSold 20,111 shares on 11/22/2023Ownership: 0.110%Walleye Trading LLCSold 7,800 shares on 11/21/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions SHAK Stock Analysis - Frequently Asked Questions Should I buy or sell Shake Shack stock right now? 15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Shake Shack in the last year. There are currently 11 hold ratings and 4 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 target for 2024? 15 brokerages have issued twelve-month target prices for Shake Shack's shares. Their SHAK share price targets range from $58.00 to $85.00. On average, they expect the company's share price to reach $71.06 in the next year. This suggests a possible upside of 15.2% from the stock's current price. 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 on January 1st, 2023. Since then, SHAK shares have increased by 48.5% and is now trading at $61.66. View the best growth stocks for 2023 here. When is Shake Shack's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024. View our SHAK earnings forecast. How were Shake Shack's earnings last quarter? Shake Shack Inc. (NYSE:SHAK) released its earnings results on Thursday, November, 2nd. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.09 by $0.08. The firm earned $276.21 million during the quarter, compared to analysts' expectations of $275.96 million. Shake Shack had a net margin of 0.22% and a trailing twelve-month return on equity of 2.93%. 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), Innovator IBD Breakout Opportunities ETF (BOUT), WisdomTree U.S. Growth & Momentum Fund (WGRO), LeaderShares Activist Leaders ETF (ACTV), AdvisorShares Restaurant ETF (EATZ) and First Trust Small Cap Growth AlphaDEX Fund (FYC).SPDR S&P 600 Small Cap ETF (SLY). 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 initial public offering 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 many different retail and institutional investors. Top institutional investors include 12 West Capital Management LP (3.92%), Invesco Ltd. (2.79%), Van Berkom & Associates Inc. (2.47%), Qube Research & Technologies Ltd (1.03%), Northern Trust Corp (0.95%) and Bank of New York Mellon Corp (0.73%). Insiders that own company stock include Daniel Harris Meyer, Jeffrey Flug, Jenna Lyons, Randall J Garutti 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. 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 This page (NYSE:SHAK) was last updated on 12/2/2023 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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