Shake Shack Stock Price, News & Analysis (NYSE:SHAK) $60.99 -0.73 (-1.18%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$60.84▼$62.0850-Day Range$53.54▼$62.7752-Week Range$40.83▼$80.58Volume621,256 shsAverage Volume815,790 shsMarket Capitalization$2.58 billionP/E Ratio1,525.13Dividend 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 RatingHold2.33 Rating ScoreUpside/Downside16.5% Upside$71.06 Price TargetShort InterestHealthy7.65% of Float Sold ShortDividend StrengthN/ASustainability-2.23Upright™ Environmental ScoreNews Sentiment0.26Based on 22 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.2.37 out of 5 starsRetail/Wholesale Sector53rd out of 159 stocksEating & Drinking Places Industry2nd out of 3 stocks 3.2 Analyst's Opinion Consensus RatingShake Shack has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 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 16.5% from its current price of $60.99.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 2.4 News and Social Media Coverage News SentimentShake Shack has a news sentiment score of 0.26. 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 0.48 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 22 news articles for Shake Shack this week, compared to 11 articles on an average week.Search InterestOnly 2 people have searched for SHAK on MarketBeat in the last 30 days. This is a decrease of -60% 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 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 1,525.13, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 120.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Shake Shack is 1,525.13, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 29.65.Price to Book Value per Share RatioShake Shack has a P/B Ratio of 6.12. 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 8, 2023 | finance.yahoo.comWhy Shake Shack (SHAK) is a Top Momentum Stock for the Long-TermDecember 8, 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 8, 2023 | uk.news.yahoo.comExcitement as Shake Shack opening date loomingDecember 8, 2023 | americanbankingnews.comShake Shack (NYSE:SHAK) Rating Increased to Strong-Buy at Raymond JamesDecember 7, 2023 | msn.comShake Shack grand opening in Liberty Center on ThursdayDecember 6, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Shake Shack (SHAK) and AutoZone (AZO)December 6, 2023 | msn.comRaymond James Upgrades Shake Shack Inc - (SHAK)December 8, 2023 | Financial Alphas (Ad)Recent Reports Are A Wake-Up Call For InvestorsAs the demand for lithium, an essential element to the energy revolution, increases globally, researchers are projecting a supply deficit as early as 2025. This has sparked a worldwide "gold rush" to find and develop new sources of this critical metal. Savvy investors are paying attention as mining companies race to meet this critical deadline.December 6, 2023 | bizjournals.comShake Shack sets opening for Liberty Center restaurantDecember 6, 2023 | msn.comShake Shack rallies after Raymond James says traffic and margins are moving in the right directionDecember 6, 2023 | yahoo.comShake Shack announces opening date for first Greater Cincinnati location 🍔December 6, 2023 | za.investing.comRaymond James sees upside for Shake Shack into 2024December 6, 2023 | finance.yahoo.comAutoZone upgraded to Strong Buy, Realty Income to Outperform: 4 big analyst picksDecember 5, 2023 | msn.comFirst Greater Cincinnati Shake Shack sets openingDecember 5, 2023 | msn.comShake Shack opening first Cincinnati-area location this weekDecember 5, 2023 | msn.comShake Shack opening area location ThursdayDecember 5, 2023 | msn.comFirst Shake Shack drive-thru location coming to Las VegasDecember 4, 2023 | bizjournals.comShake Shack among businesses planned for new Hillsboro retail developmentDecember 4, 2023 | msn.comWoman's Shake Shack 'lettuce wrap' order ends in hilarious blunderDecember 4, 2023 | yahoo.comThe Delicious Secret Of Shake Shack's Burgers Is All In The CrustDecember 3, 2023 | msn.comMcDonald's menu makes potentially controversial changesDecember 3, 2023 | benzinga.comShake Shack Stock (NYSE:SHAK) Dividends: History, Yield and DatesDecember 1, 2023 | msn.comShake Shack to open new location in South BayDecember 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 TownshipSee 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 Earnings11/02/2023Today12/08/2023Fiscal 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+15.1%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$0.04 Trailing P/E Ratio1,543.14 Forward P/E Ratio181.53 P/E GrowthN/ANet Income$-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$1.04 billion Price / Sales2.51 Cash Flow$1.48 per share Price / Cash Flow41.63 Book Value$9.96 per share Price / Book6.20Miscellaneous Outstanding Shares42,302,000Free Float38,046,000Market Cap$2.61 billion OptionableOptionable Beta1.70 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.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:WENKohl'sNYSE:KSSArcos DoradosNYSE:ARCOFoot LockerNYSE:FLNordstromNYSE:JWNView 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 equities research analysts have issued "buy," "hold," and "sell" ratings for Shake Shack in the last year. There are currently 11 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities 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 analysts have issued 12-month target prices for Shake Shack's stock. Their SHAK share price targets range from $58.00 to $85.00. On average, they predict the company's share price to reach $71.06 in the next twelve months. This suggests a possible upside of 16.5% 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 46.9% and is now trading at $60.99. 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 business had revenue of $276.21 million for 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 (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 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 a number of retail and institutional investors. Top institutional shareholders 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 12/8/2023 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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