S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
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All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver

Shake Shack Stock Price, News & Analysis (NYSE:SHAK)

$61.66
+1.10 (+1.82%)
(As of 12/1/2023 ET)
Compare
Today's Range
$59.94
$61.88
50-Day Range
$53.54
$62.47
52-Week Range
$40.83
$80.58
Volume
576,684 shs
Average Volume
634,523 shs
Market Capitalization
$2.61 billion
P/E Ratio
1,541.89
Dividend Yield
N/A
Price Target
$71.06

Shake Shack MarketRank™ Stock Analysis

Analyst Rating
Hold
2.27 Rating Score
Upside/​Downside
15.2% Upside
$71.06 Price Target
Short Interest
Healthy
7.65% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.23
Upright™ Environmental Score
News Sentiment
0.14mentions of Shake Shack in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
35.29%
From $0.34 to $0.46 Per Share

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 stars

Retail/Wholesale Sector

75th out of 198 stocks

Eating & Drinking Places Industry

3rd out of 5 stocks


SHAK stock logo

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.

SHAK Stock Price History

SHAK Stock News Headlines

Markets 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 by
New CBOE “special perk” helps traders target income every weekend
You 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.
Shake Shack (SHAK) Fell Due to Negative Market Sentiment
Shake Shack (NYSE:SHAK) Rating Reiterated by Truist Financial
New CBOE “special perk” helps traders target income every weekend
You 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.
Shake Shack (NYSE:SHAK) Stock Rating Reaffirmed by Truist Financial
7 Analysts Have This to Say About Shake Shack
See More Headlines
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Company Calendar

Last Earnings
11/02/2023
Today
12/02/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/15/2024

Industry, Sector and Symbol

Industry
Eating & drinking places
Sub-Industry
N/A
Fax
N/A
Employees
11,704
Year Founded
2004

Price 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 Rating
Hold
Rating Score (0-4)
2.27
Research Coverage
15 Analysts

Profitability

Net Income
$-24,090,000.00
Pretax Margin
1.08%

Debt

Sales & Book Value

Annual Sales
$900.49 million
Cash Flow
$1.51 per share
Book Value
$10.45 per share

Miscellaneous

Free Float
38,046,000
Market Cap
$2.61 billion
Optionable
Optionable
Beta
1.70

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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 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

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