NYSE:SHAK Shake Shack - SHAK Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $56.52 +0.07 (+0.12%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$55.82▼$57.7950-Day Range$41.53▼$57.7952-Week Range$37.72▼$79.25Volume472,979 shsAverage Volume904,310 shsMarket Capitalization$2.38 billionP/E RatioN/ADividend YieldN/APrice Target$58.86 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Shake Shack MarketRank™ ForecastAnalyst RatingHold2.14 Rating ScoreUpside/Downside4.1% Upside$58.86 Price TargetShort InterestBearish8.36% of Float Sold ShortDividend StrengthN/ASustainability-2.23Upright™ Environmental ScoreNews Sentiment0.40Based on 9 Articles This WeekInsider TradingSelling Shares$214,500 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.36) to ($0.08) 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.1.66 out of 5 starsRetail/Wholesale Sector179th out of 215 stocksEating & Drinking Places Industry5th out of 5 stocks 2.1 Analyst's Opinion Consensus RatingShake Shack has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 4 buy ratings, 8 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $58.86, Shake Shack has a forecasted upside of 4.1% from its current price of $56.52.Amount of Analyst CoverageShake Shack has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted8.36% 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 increased by 10.68%, indicating that investor sentiment is decreasing 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 3.0 News and Social Media Coverage News SentimentShake Shack has a news sentiment score of 0.40. 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 0.53 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Shake Shack this week, compared to 6 articles on an average week.Search Interest15 people have searched for SHAK on MarketBeat in the last 30 days. This is an increase of 114% compared to the previous 30 days.MarketBeat Follows8 people have added Shake Shack to their MarketBeat watchlist in the last 30 days. This is an increase of 300% 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 sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $214,500.00 in company stock.Percentage Held by InsidersOnly 9.98% of the stock of Shake Shack is held by insiders.Percentage Held by Institutions83.55% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Shake Shack are expected to grow in the coming year, from ($0.36) to ($0.08) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Shake Shack is -95.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Shake Shack is -95.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioShake Shack has a P/B Ratio of 5.46. 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 (NYSE:SHAK) StockShake Shack, Inc. operates as a holding company. The firm engages in operating fast food hamburger restaurants. It offers beef burgers, flat-top dogs, chicken sandwiches, frozen custard and crinkle cut fries and includes all the mobile ordering essentials. The company was founded by Daniel Harris Meyer on September 23, 2014 and is headquartered in New York, NY.Read More 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 SHAK Stock News HeadlinesJanuary 28, 2023 | msn.com7 Restaurant Chains That Use Real Ice Cream In Their MilkshakesJanuary 26, 2023 | finance.yahoo.comShake Shack to Announce Fourth Quarter 2022 Financial Results on February 16, 2023January 28, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 24, 2023 | msn.comShake Shack, Pepsi, and other huge brands are now using foodware made from recycled carbon pollutionJanuary 23, 2023 | seekingalpha.comShake Shack (SHAK) Presents At ICR Conference 2023 - SlideshowJanuary 20, 2023 | msn.comShake Shack, Chipotle set to open 1st locations in Bed-StuyJanuary 18, 2023 | msn.comShake Shack, Chipotle to open first locations in Bed-StuyJanuary 18, 2023 | bizjournals.comShake Shack eyes fifth Nashville location at River NorthJanuary 28, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 18, 2023 | americanbankingnews.comJefferies Financial Group Comments on Shake Shack Inc.'s FY2022 Earnings (NYSE:SHAK)January 14, 2023 | finance.yahoo.comShake Shack (NYSE:SHAK) delivers shareholders 5.3% CAGR over 5 years, surging 21% in the last week aloneJanuary 13, 2023 | finance.yahoo.comShake Shack (SHAK) Benefits From Robust Comps, Cost Woes StayJanuary 12, 2023 | finance.yahoo.comShake Shack's outlook for 2023: more locations, more sales—and drive-thrusJanuary 12, 2023 | markets.businessinsider.comAnalysts Offer Insights on Services Companies: Shake Shack (SHAK) and Syneos Health (SYNH)January 11, 2023 | finance.yahoo.comStrength Seen in Shake Shack (SHAK): Can Its 6.3% Jump Turn into More Strength?January 11, 2023 | finance.yahoo.comShake Shack (SHAK) Posts Robust Q4 Preliminary Sales, Stock UpJanuary 11, 2023 | seekingalpha.comShake Shack's read on margins impresses CowenJanuary 10, 2023 | msn.comDrive-Thru Shake Shack Restaurant Opening in Mira MesaJanuary 10, 2023 | msn.comShake Shack posts mixed preliminary earnings resultsJanuary 10, 2023 | finance.yahoo.comShake Shack Provides Fourth Quarter 2022 Business UpdateJanuary 10, 2023 | finance.yahoo.comShake Shack same-restaurant sales lag estimatesJanuary 10, 2023 | finance.yahoo.comShake Shack stock dips on preliminary Q4 resultsJanuary 10, 2023 | finance.yahoo.comShake Shack Gets Shaken Up: Here's What's on the Menu for the StockJanuary 5, 2023 | msn.comShake Shack coming to Colorado SpringsJanuary 5, 2023 | finance.yahoo.comSources: Shake Shack scouting in Pittsburgh for restaurant locationsJanuary 3, 2023 | msn.comFlowers, family, Shake Shack, ‘John Wick 4’: readers anticipate 2023January 3, 2023 | msn.comIf you're missing Christmas Markets' sausages there's a great alternative round the cornerSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 SHAK Company Calendar Last Earnings11/03/2022Today1/28/2023Next Earnings (Confirmed)2/16/2023Fiscal Year End12/31/2023Get 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/AEmployees9,695Year FoundedN/APrice Target and Rating Average Stock Price Forecast$58.86 High Stock Price Forecast$77.00 Low Stock Price Forecast$47.00 Forecasted Upside/Downside+4.1%Consensus RatingHold Rating Score (0-4)2.14 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)($0.59) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-8,650,000.00 Net Margins-2.67% Pretax Margin-3.11% Return on Equity-3.52% Return on Assets-1.03% Debt Debt-to-Equity Ratio0.57 Current Ratio2.54 Quick Ratio2.51 Sales & Book Value Annual Sales$739.89 million Price / Sales3.22 Cash Flow$1.39 per share Price / Cash Flow40.62 Book Value$10.36 per share Price / Book5.46Miscellaneous Outstanding Shares42,150,000Free Float37,943,000Market Cap$2.38 billion OptionableOptionable Beta1.58 Key ExecutivesRandy GaruttiChief Executive Officer & DirectorZachary KoffChief Operating OfficerKatherine FogerteyChief Financial OfficerDave HarrisChief Information OfficerRon PalmeseSecretary, Vice President & General CounselKey CompetitorsWendy'sNASDAQ:WENCracker Barrel Old Country StoreNASDAQ:CBRLFarfetchNYSE:FTCHCanada GooseNYSE:GOOSODPNASDAQ:ODPView All CompetitorsInsiders & InstitutionsNew York State Teachers Retirement SystemSold 300 shares on 1/27/2023Ownership: 0.087%True Signal LPBought 44,850 shares on 1/26/2023Ownership: 0.106%Bank Hapoalim BMSold 4,300 shares on 1/26/2023Ownership: 0.065%Comerica BankSold 6,655 shares on 1/26/2023Ownership: 0.041%Inspire Investing LLCBought 1,155 shares on 1/26/2023Ownership: 0.014%View All Insider TransactionsView All Institutional Transactions SHAK Stock - Frequently Asked Questions Should I buy or sell Shake Shack stock right now? 14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Shake Shack in the last twelve months. There are currently 2 sell ratings, 8 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 forecast for 2023? 14 Wall Street analysts have issued twelve-month price objectives for Shake Shack's stock. Their SHAK share price forecasts range from $47.00 to $77.00. On average, they expect the company's stock price to reach $58.86 in the next year. This suggests a possible upside of 4.1% 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 36.1% and is now trading at $56.52. 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 16th 2023. View our SHAK earnings forecast. How can I listen to Shake Shack's earnings call? Shake Shack will be holding an earnings conference call on Thursday, February 16th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13734860". How were Shake Shack's earnings last quarter? Shake Shack Inc. (NYSE:SHAK) issued its quarterly earnings results on Thursday, November, 3rd. The company reported ($0.06) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.06). The business had revenue of $227.81 million for the quarter, compared to analysts' expectations of $226.79 million. Shake Shack had a negative net margin of 2.67% and a negative trailing twelve-month return on equity of 3.52%. What guidance has Shake Shack issued on next quarter's earnings? Shake Shack updated its fourth quarter 2022 earnings guidance on Tuesday, January, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $238.50 million-$238.50 million, compared to the consensus revenue estimate of $237.56 million. 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 $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. What is Shake Shack's stock symbol? Shake Shack trades on the New York Stock Exchange (NYSE) under the ticker symbol "SHAK." Who are Shake Shack's major shareholders? Shake Shack's stock is owned by many different retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.11%), True Signal LP (0.11%), Rye Brook Capital LLC (0.09%), New York State Teachers Retirement System (0.09%), Bank Hapoalim BM (0.07%) and Bridge City Capital LLC (0.06%). Insiders that own company stock include Daniel Harris Meyer, Jeffrey Flug, Jenna Lyons, Randall J Garutti, Robert T Vivian, Tara Comonte 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. What is Shake Shack's stock price today? One share of SHAK stock can currently be purchased for approximately $56.52. How much money does Shake Shack make? Shake Shack (NYSE:SHAK) has a market capitalization of $2.38 billion and generates $739.89 million in revenue each year. The company earns $-8,650,000.00 in net income (profit) each year or ($0.59) on an earnings per share basis. How many employees does Shake Shack have? The company employs 9,695 workers across the globe. How can I contact Shake Shack? Shake Shack's mailing address is 225 VARICK STREET SUITE 301, NEW YORK NY, 10014. The official website for the company is www.shakeshack.com. The company can be reached via phone at (646) 747-7200 or via email at investor@shakeshack.com. This page (NYSE:SHAK) was last updated on 1/28/2023 by MarketBeat.com Staff 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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