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

$69.91

-0.52 (-0.74 %)

(As of 01/20/2020 10:32 AM ET)

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Today's Range

$69.05

Now: $69.91▼

$71.72

50-Day Range

$57.57

MA: $60.88▼

$70.43

52-Week Range

$46.26

Now: $69.91▼

$105.84

Volume3.01 million shs

Average Volume2.03 million shs

Market Capitalization$2.62 billion

P/E Ratio107.55

Dividend YieldN/A

Beta1.1

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. Read More…

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Eating & drinking places

Sub-IndustryN/A

SectorRetail/Wholesale

Current SymbolNYSE:SHAK

Previous Symbol

CUSIPN/A

CIK1620533

Webhttp://www.shakeshack.com/

Phone646-747-7200

Debt

Debt-to-Equity Ratio0.99

Current Ratio1.04

Quick Ratio1.02

Price-To-Earnings

Trailing P/E Ratio107.55

Forward P/E Ratio107.55

P/E Growth5.36

Sales & Book Value

Annual Sales$445.59 million

Price / Sales5.89

Cash Flow$1.51 per share

Price / Cash Flow46.36

Book Value$7.38 per share

Price / Book9.47

Profitability

EPS (Most Recent Fiscal Year)$0.71

Net Income$15.18 million

Net Margins3.69%

Return on Equity9.50%

Return on Assets3.37%

Miscellaneous

Employees6,101

Outstanding Shares37,520,000

Market Cap$2.62 billion

Next Earnings Date2/24/2020 (Estimated)

OptionableOptionable

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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) posted its earnings results on Monday, November, 4th. The company reported $0.26 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.20 by $0.06. The business had revenue of $157.76 million for the quarter, compared to analysts' expectations of $157.45 million. Shake Shack had a net margin of 3.69% and a return on equity of 9.50%. The firm's revenue for the quarter was up 31.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.21 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 Monday, February 24th 2020. View Earnings Estimates for Shake Shack.

What price target have analysts set for SHAK?

14 equities research analysts have issued twelve-month price objectives for Shake Shack's stock. Their forecasts range from $58.80 to $115.00. On average, they anticipate Shake Shack's stock price to reach $77.32 in the next year. This suggests a possible upside of 10.6% from the stock's current price. View Analyst Price Targets for Shake Shack.

What is the consensus analysts' recommendation for Shake Shack?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shake Shack in the last year. There are currently 1 sell rating, 9 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Shake Shack.

What are Wall Street analysts saying about Shake Shack stock?

Here are some recent quotes from research analysts about Shake Shack stock:

1. According to Zacks Investment Research, "Shake Shack Inc. is engaged in owning and operating restaurants. The company offers burgers, hot dogs, frozen custard, crinkle cut fries, beer and wine. It operates primarily in New York, New Jersey, Washington, D.C., Connecticut, Georgia, Illinois, Pennsylvania, Florida, Massachusetts, Virginia, Nevada, London, Istanbul and Dubai. Shake Shack Inc. is headquartered in New York. " (1/16/2020)
2. Wedbush analysts commented, "We expect ZG to report strong 2Q, driven by strength in Homes and Mortgages and mid single-digit growth in core IMT. As in prior quarters, we expect much focus on Offers, the program’s expansion to new markets, and progression of unit economics and key metrics. In core IMT, mgt’s updated outlook and commentary on growth expectations in 2H19 are key. We maint. our BUY/$58 given prospects for meaningful FCF LT as Homes and Mortgages gain scale. We expect 2Q19 results to be in line with our expectations for $589M (+81% Y/Y) in revenue and $10.6M in adj EBITDA vs. consensus (FactSet) of $586M/$5.5M." (8/6/2019)

Has Shake Shack been receiving favorable news coverage?

News headlines about SHAK stock have trended positive on Monday, InfoTrie reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Shake Shack earned a coverage optimism score of 3.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Shake Shack.

Who are some of Shake Shack's key competitors?

Some companies that are related to Shake Shack include Dunkin Brands Group (DNKN), Wendys (WEN), GREENE KING PLC/S (GKNGY), Cannae (CNNE), J D Wetherspoon (JDWPY), Empire Resorts (NYNY), iPic Entertainment (IPIC), Simplicity Esports and Gaming (WINR) and Giggles N Hugs (GIGL).

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 Alibaba Group (BABA), NVIDIA (NVDA), Netflix (NFLX), Tesla (TSLA), Micron Technology (MU), Starbucks (SBUX), Walt Disney (DIS), Twitter (TWTR), Paypal (PYPL) and Gilead Sciences (GILD).

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 acted 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 of institutional and retail investors. Top institutional investors include Commerzbank Aktiengesellschaft FI (0.06%) and Louisiana State Employees Retirement System (0.03%). 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, 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 Louisiana State Employees Retirement System. Company insiders that have sold Shake Shack company stock in the last year include Daniel Harris Meyer, Jeffrey Flug, Jenna Lyons, 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 acquired by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI. 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, Robinhood, Fidelity and Charles Schwab.

What is Shake Shack's stock price today?

One share of SHAK stock can currently be purchased for approximately $69.91.

How big of a company is Shake Shack?

Shake Shack has a market capitalization of $2.62 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.View Additional Information About Shake Shack.

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 ( )
Outperform Votes:		424 (Vote Outperform)
Underperform Votes:		603 (Vote Underperform)
Total Votes:		1,027

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 1/20/2020 by MarketBeat.com Staff

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