Shake Shack (SHAK) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $106.39 to $113.13
• 50-Day Range: $93.33 to $110.35
• 52-Week Range: $54.06 to $113.50
• Volume: 1.03 million shs
• Average Volume: 919,663 shs
• Market Capitalization: $4.61 billion
• P/E Ratio: 175.05
• Dividend Yield: N/A
• Price Target: $107.67
• Consensus Rating: Hold

Shake Shack Stock Analysis - MarketRank™

Shake Shack scored higher than 77% of companies evaluated by MarketBeat, and ranked 81st out of 194 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Shake Shack has received a consensus rating of Hold. The company's average rating score is 2.39, and is based on 6 buy ratings, 10 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Shake Shack has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 43.24%

Earnings Growth

Earnings for Shake Shack are expected to grow by 43.24% in the coming year, from $0.74 to $1.06 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Shake Shack is 175.05, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 130.00.

Price to Earnings Ratio vs. Sector

The P/E ratio of Shake Shack is 175.05, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 22.59.

Price to Earnings Growth Ratio

Shake Shack has a PEG Ratio of 3.25. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Shake Shack has a P/B Ratio of 9.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

9.99% of the float of Shake Shack has been sold short.

Short Interest Ratio / Days to Cover

Shake Shack has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Shake Shack has recently decreased by 5.49%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Shake Shack does not currently pay a dividend.

Dividend Growth

Shake Shack does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 1.6 / 5
• Environmental Score: -2.23

Percentage of Shares Shorted

9.99% of the float of Shake Shack has been sold short.

Short Interest Ratio / Days to Cover

Shake Shack has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Shake Shack has recently decreased by 5.49%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: -0.05

News Sentiment

Shake Shack has a news sentiment score of -0.05. 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 0.40 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Shake Shack this week, compared to 13 articles on an average week.

Search Interest

7 people have searched for SHAK on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.

MarketBeat Follows

3 people have added Shake Shack to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Shake Shack insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,429,690.00 in company stock.

Percentage Held by Insiders

Only 9.73% of the stock of Shake Shack is held by insiders.

Percentage Held by Institutions

86.07% of the stock of Shake Shack is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SHAK Stock Analysis - Frequently Asked Questions

How have SHAK shares performed this year?

Shake Shack's stock was trading at $74.12 at the beginning of the year. Since then, SHAK shares have increased by 46.4% and is now trading at $108.53.
View the best growth stocks for 2024 here.

How were Shake Shack's earnings last quarter?

Shake Shack Inc. (NYSE:SHAK) posted its quarterly earnings results on Thursday, August, 1st. The company reported $0.27 EPS for the quarter, meeting the consensus estimate of $0.27. Shake Shack's revenue was up 16.4% compared to the same quarter last year.

Does Shake Shack have any subsidiaries?

The following companies are subsidiaries of Shake Shack: 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, Shake Shack Texas Management Company LLC, SSE Holdings LLC, and SSE IP LLC.

When did Shake Shack IPO?

Shake Shack (SHAK) raised $75 million in an 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 top institutional investors include Assenagon Asset Management S.A. (0.25%), Louisiana State Employees Retirement System (0.05%), Creative Planning (0.02%) and Everence Capital Management Inc. (0.02%). Insiders that own company stock include Daniel Harris Meyer, Zach Koff, Katherine Irene Fogertey and Jeffrey Flug.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Shake Shack own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Shake Shack investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 8/01/2024
• Today: 10/24/2024
• Next Earnings (Confirmed): 10/30/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Retail/Wholesale
• Industry: Eating & drinking places
• Sub-Industry: Restaurants, Hotels, Motels
• Current Symbol: NYSE:SHAK
• CUSIP: N/A
• CIK: 1620533
• Web: www.shakeshack.com
• Phone: (646) 747-7200
• Fax: N/A
• Employees: 12,196
• Year Founded: 2004

Price Target and Rating

• Average Stock Price Target: $107.67
• High Stock Price Target: $127.00
• Low Stock Price Target: $60.00
• Potential Upside/Downside: -0.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.39
• Research Coverage: 18 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.62
• Trailing P/E Ratio: 175.05
• Forward P/E Ratio: 146.66
• P/E Growth: 3.25
• Net Income: $20.26 million
• Net Margins: 2.23%
• Pretax Margin: 2.26%
• Return on Equity: 5.63%
• Return on Assets: 1.63%

Debt

• Debt-to-Equity Ratio: 0.51
• Current Ratio: 2.06
• Quick Ratio: 2.03

Sales & Book Value

• Annual Sales: $1.09 billion
• Price / Sales: 4.24
• Cash Flow: $2.57 per share
• Price / Cash Flow: 42.31
• Book Value: $11.09 per share
• Price / Book: 9.79

Miscellaneous

• Outstanding Shares: 42,470,000
• Free Float: 38,339,000
• Market Cap: $4.61 billion
• Optionable: Optionable
• Beta: 1.83