NYSE:SHAK Shake Shack (SHAK) Stock Forecast, Price & News $56.50 -2.27 (-3.86%) (As of 10/3/2023 ET) Add Compare Share Share Today's Range$55.73▼$58.6150-Day Range$56.50▼$79.7752-Week Range$40.83▼$80.58Volume1.03 million shsAverage Volume834,477 shsMarket Capitalization$2.39 billionP/E RatioN/ADividend YieldN/APrice Target$73.69 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Shake Shack MarketRank™ ForecastAnalyst RatingHold2.31 Rating ScoreUpside/Downside30.4% Upside$73.69 Price TargetShort InterestBearish8.19% of Float Sold ShortDividend StrengthN/ASustainability-2.23Upright™ Environmental ScoreNews Sentiment0.28Based on 22 Articles This WeekInsider TradingSelling Shares$138,812 Sold Last QuarterProj. Earnings Growth52.00%From $0.25 to $0.38 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.2.45 out of 5 starsRetail/Wholesale Sector84th out of 214 stocksEating & Drinking Places Industry3rd out of 5 stocks 4.2 Analyst's Opinion Consensus RatingShake Shack has received a consensus rating of Hold. The company's average rating score is 2.31, and is based on 4 buy ratings, 9 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $73.69, Shake Shack has a forecasted upside of 30.4% from its current price of $56.50.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 1.0 Short Interest Percentage of Shares Shorted8.19% 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 4.2.Change versus previous monthShort interest in Shake Shack has recently increased by 8.51%, 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 2.4 News and Social Media Coverage News SentimentShake Shack has a news sentiment score of 0.28. 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 0.61 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 22 news articles for Shake Shack this week, compared to 10 articles on an average week.Search InterestOnly 7 people have searched for SHAK on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.MarketBeat Follows9 people have added Shake Shack to their MarketBeat watchlist in the last 30 days. This is an increase of 125% compared to the previous 30 days. Previous Next 3.3 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 $138,812.00 in 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 52.00% in the coming year, from $0.25 to $0.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Shake Shack is -282.49, 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 -282.49, 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 5.67. 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. 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SHAK Stock News HeadlinesSeptember 27, 2023 | marketbeat.com3 Household Names With RSIs That Scream Oversold (SHAK)Here are three well-known stocks, all household names, with RSIs well below 30 that suggest they could soon be bouncing back hard.September 9, 2023 | marketbeat.comMarketBeat Week in Review – 9/4 - 9/8 (SHAK)This market continues to be filled with contradictions, but the MarketBeat team is here to help you find the opportunities that continue to existOctober 3, 2023 | Legacy Research (Ad)Elon Did It Again: This Could be Bigger than TeslaLove him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.September 7, 2023 | marketbeat.comIs Shake Shack's Major Growth Priced In? Buy the Dip Opportunity (SHAK)Shake Shack's recent pull back may be an opportunity for investors to buy the dip, as there are still upside surprises not yet priced into the stockOctober 3, 2023 | seekingalpha.comShake Shack: Combating Revenue Growth And Rising Cost ChallengesOctober 3, 2023 | yahoo.comShake Shack Is Going All Out For Its New Hot Menu With A BOGO Uber Eats DealOctober 2, 2023 | msn.comUptown hosts Shake Shack, Favor Celebration — Were you there?October 2, 2023 | americanbankingnews.comShake Shack Inc. (NYSE:SHAK) Receives Average Recommendation of "Hold" from AnalystsOctober 3, 2023 | Legacy Research (Ad)Elon Did It Again: This Could be Bigger than TeslaLove him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.September 30, 2023 | americanbankingnews.comZacks Research Brokers Reduce Earnings Estimates for Shake Shack Inc. (NYSE:SHAK)September 29, 2023 | cnn.comOur favorite product releases this week: Wild One, Caraway, Shake Shack and moreSeptember 29, 2023 | yahoo.comShake Shack Is Testing 2 New Menu ItemsSeptember 29, 2023 | americanbankingnews.comShake Shack (NYSE:SHAK) Downgraded by StockNews.comSeptember 29, 2023 | americanbankingnews.comZacks Research Equities Analysts Boost Earnings Estimates for Shake Shack Inc. (NYSE:SHAK)September 27, 2023 | bizjournals.comRestaurant Roundup: Shake Shack partners with Favor DeliverySeptember 27, 2023 | yahoo.comShake Shack Debuts 3 New Fall-Inspired LemonadesSeptember 27, 2023 | au.sports.yahoo.comShake Shack Is Testing Out New Frozen Custard Sundaes With A TwistSeptember 27, 2023 | yahoo.comDill Pickles Are The Secret Ingredient In Shake Shack's SauceSeptember 25, 2023 | msn.comShake Shack's Parody of That One Friend Who Eats Fast Is Too RealSeptember 23, 2023 | msn.com10 Best Shake Shack Secret Menu OptionsSeptember 22, 2023 | yahoo.comWe Tried The New Shake Shack Fries Cooked In Sugarcane Oil And It's A Game-ChangerSeptember 22, 2023 | thestreet.comShake Shack vs. Chick-Fil-A: Which Fried Chicken Sandwich Is Better?September 21, 2023 | msn.comShake Shack and Zero Acre Farms to test cleaner frying oilSeptember 21, 2023 | msn.comShake Shack testing recipe tweak for select items, including fan-favoriteSeptember 21, 2023 | msn.comShake Shack makes recipe changes for select itemsSeptember 20, 2023 | finance.yahoo.comShake Shack Partners with Zero Acre Farms to Pilot Cleaner Frying OilSeptember 20, 2023 | msn.comShake Shack switches up fan-favorite fry recipe with new sustainable oilSee 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 SHAK Company Calendar Last Earnings8/03/2023Today10/03/2023Next Earnings (Estimated)11/02/2023Fiscal 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/AEmployees11,704Year Founded2004Price Target and Rating Average Stock Price Forecast$73.69 High Stock Price Forecast$95.00 Low Stock Price Forecast$56.00 Forecasted Upside/Downside+31.4%Consensus RatingHold Rating Score (0-4)2.31 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)($0.20) Trailing P/E RatioN/A Forward P/E Ratio224.28 P/E GrowthN/ANet Income$-24,090,000.00 Net Margins-0.74% Pretax Margin-0.13% Return on Equity0.64% Return on Assets0.18% Debt Debt-to-Equity Ratio0.57 Current Ratio2.19 Quick Ratio2.16 Sales & Book Value Annual Sales$900.49 million Price / Sales2.63 Cash Flow$1.43 per share Price / Cash Flow39.21 Book Value$9.96 per share Price / Book5.63Miscellaneous Outstanding Shares42,300,000Free Float38,042,000Market Cap$2.37 billion OptionableOptionable Beta1.75 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Daniel Harris Meyer (Age 65)Founder & Chairman 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. Ronald Palmese Jr. (Age 44)Esq., Chief Legal Officer Mr. Jay LivingstonChief Marketing OfficerMs. Diane NevilleChief People OfficerMr. Michael KarkChief Global Licensing OfficerMr. Andrew McCaughanChief Devel. OfficerMore ExecutivesKey CompetitorsWendy'sNASDAQ:WENBoot BarnNYSE:BOOTACV AuctionsNASDAQ:ACVAGMSNYSE:GMSNordstromNYSE:JWNView All CompetitorsInsiders & InstitutionsBarclays PLCSold 255,538 shares on 9/21/2023Ownership: 0.107%Virginia Retirement Systems ET ALBought 5,100 shares on 8/22/2023Ownership: 0.012%Comerica BankBought 330 shares on 8/22/2023Ownership: 0.001%California State Teachers Retirement SystemSold 1,297 shares on 8/21/2023Ownership: 0.107%Teachers Retirement System of The State of KentuckyBought 655 shares on 8/21/2023Ownership: 0.030%View All Insider TransactionsView All Institutional Transactions SHAK Stock - Frequently Asked Questions Should I buy or sell Shake Shack stock right now? 13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Shake Shack in the last twelve months. There are currently 9 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? 13 brokerages have issued 1 year price objectives for Shake Shack's stock. Their SHAK share price forecasts range from $56.00 to $95.00. On average, they predict the company's share price to reach $73.69 in the next year. This suggests a possible upside of 31.4% 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 at the start of the year. Since then, SHAK stock has increased by 35.0% and is now trading at $56.07. 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, November 2nd 2023. View our SHAK earnings forecast. How were Shake Shack's earnings last quarter? Shake Shack Inc. (NYSE:SHAK) issued its earnings results on Thursday, August, 3rd. The company reported $0.18 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.09. The company had revenue of $271.80 million for the quarter, compared to analysts' expectations of $274.55 million. Shake Shack had a negative net margin of 0.74% and a positive trailing twelve-month return on equity of 0.64%. The business's revenue was up 17.8% on a year-over-year basis. 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 guidance has Shake Shack issued on next quarter's earnings? Shake Shack issued an update on its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $273.50 million-$278.00 million, compared to the consensus revenue estimate of $276.95 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 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. What is Shake Shack's stock symbol? Shake Shack trades on the New York Stock Exchange (NYSE) under the ticker symbol "SHAK." 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 $56.07. How much money does Shake Shack make? Shake Shack (NYSE:SHAK) has a market capitalization of $2.37 billion and generates $900.49 million in revenue each year. The company earns $-24,090,000.00 in net income (profit) each year or ($0.20) on an earnings per share basis. How many employees does Shake Shack have? The company employs 11,704 workers across the globe. 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 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 10/3/2023 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. 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