Shake Shack Company Profile (NYSE:SHAK)

Shake Shack trades on the New York Stock Exchange (NYSE) under the ticker symbol "SHAK."

Shake Shack, Inc. (NYSE:SHAK) released its earnings results on Thursday, August, 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.16 by $0.04. The firm earned $91.30 million during the quarter, compared to analyst estimates of $89 million. Shake Shack had a net margin of 4.70% and a return on equity of 8.71%. The business's revenue was up 37.3% on a year-over-year basis. During the same quarter last year, the business earned $0.14 EPS. View Shake Shack's Earnings History.

Shake Shack is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Shake Shack.

12 brokers have issued twelve-month price objectives for Shake Shack's stock. Their predictions range from $30.00 to $48.00. On average, they anticipate Shake Shack's stock price to reach $37.17 in the next twelve months. View Analyst Ratings for Shake Shack.

Here are some recent quotes from research analysts about Shake Shack stock:

• 1. According to Zacks Investment Research, "Shake Shack Inc. is engaged in owning and operating restaurants. The company offers burgers, hot dogs, frozen custard, crinkle cut fries, beer and wine. It operates primarily in New York, New Jersey, Washington, D.C., Connecticut, Georgia, Illinois, Pennsylvania, Florida, Massachusetts, Virginia, Nevada, London, Istanbul and Dubai. Shake Shack Inc. is headquartered in New York. " (7/19/2017)
• 2. Wedbush analysts commented, "curtail intense discounting" within the quick service restaurant (QSR) burger chains, which benefit Shake Shack's competitive positioning.Achievable GuidanceSetyan's upgrade is also partially based on expectations for Shake Shack to achieve the company's reset comp guidance. Management lowered its 2017 same-store sales growth guidance to be around flat from a prior range of 2 to 3 percent post-Q1.This does imply a "modest" (5/18/2017)
• 3. Buckingham Research analysts commented, "We remain with a NEUTRAL on shares of SHAK and reduce our price target to $39 (representing 15% upside from expected $34 opening) from $40. We continue to like SHAK for its long-term growth opportunity, brand, and exceptional unit economics. The challenge continues to consist of two factors, one is valuation, which at 20x EV NTM EBITDA represents a lot of risk in the event of unforeseen events. The second is the income statement dynamic resulting from hyper-growth into lower AUV markets. SHAK is guiding to $3.2M+ AUVs and 21% restaurant level margins for its 22-23 new units (32-33% growth) in 2017. In 2016 the average restaurant produced $4.9M in revenues and the consolidated restaurant-level margin was 28.3%, implying material dilution to these metrics from planned new unit openings. While we believe investors understand this, the situation makes it more difficult for SHAK to beat EPS, something we think is required to maintain the valuation. We see 34%/38% upside/ downside in best/ worst case scenarios." (3/2/2017)

Shake Shack saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 10,270,648 shares, an increase of 3.9% from the July 14th total of 9,889,842 shares. Based on an average daily trading volume, of 501,558 shares, the days-to-cover ratio is currently 20.5 days. Approximately 59.3% of the shares of the company are short sold.

Some companies that are related to Shake Shack include Bloomin' Brands (BLMN), Greggs plc (GRG), Mitchells & Butlers plc (MAB), Denny's Corporation (DENN), DineEquity (DIN), Young & Co.'s Brewery plc (YNGA), Biglari Holdings (BH), Marston's PLC (MARS), Restaurant Group PLC (RTN), Fuller, Smith & Turner plc (FSTA), Bojangles' (BOJA), Young & Co.'s Brewery plc (YNGN), Fiesta Restaurant Group (FRGI), El Pollo Loco Holdings (LOCO), The Habit Restaurants (HABT), Chuy's Holdings (CHUY), Del Frisco's Restaurant Group (DFRG) and Potbelly Corporation (PBPB).

Shake Shack's management team includes the folowing people:

• Daniel Meyer, Independent Chairman of the Board
• Randall J. Garutti, Chief Executive Officer, Director
• Tara Comonte, Chief Financial Officer
• Zach Koff, Chief Operating Officer
• Peggy Rubenzer, Senior Vice President - People Resources
• Jeffrey Flug CPA, Independent Director
• Jenna Lyons, Independent Director
• Joshua G. Silverman, Independent Director
• Jonathan D. Sokoloff, Independent Director
• Robert T. Vivian, Independent Director

(SHAK) raised $75 million in an 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.

Shake Shack's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (10.15%), Gilder Gagnon Howe & Co. LLC (9.00%), Vanguard Group Inc. (6.37%), Zevenbergen Capital Investments LLC (4.11%), Sylebra HK Co Ltd (3.76%) and Macquarie Group Ltd. (3.25%). Company insiders that own Shake Shack stock include Acg Shack Llc, Daniel Harris Meyer, David A Swinghamer, Equity Group LP Select, Equity Investors Vi LP Green, Flug 2012 Gs Trust U/A/D 9/4/1, Granite Point Capital, LP, Jeffrey Flug, Jonathan D Sokoloff, Karen Kochevar, Laura J Sloate, Peggy Rubenzer, Randall J Garutti, Richard D Coraine and Zach Koff. View Institutional Ownership Trends for Shake Shack.

Shake Shack's stock was sold by a variety of institutional investors in the last quarter, including Granite Point Capital Management L.P., Public Sector Pension investment Board, Zevenbergen Capital Investments LLC, BKS Advisors LLC, Prudential Financial Inc., First Mercantile Trust Co., Russell Investments Group Ltd. and Comerica Bank. Company insiders that have sold Shake Shack stock in the last year include Daniel Harris Meyer, David A Swinghamer, Equity Group LP Select, Equity Investors Vi LP Green, Flug 2012 Gs Trust U/A/D 9/4/1, Granite Point Capital, LP, Jeffrey Flug, Jonathan D Sokoloff, Laura J Sloate, Peggy Rubenzer, Randall J Garutti and Zach Koff. View Insider Buying and Selling for Shake Shack.

Shake Shack's stock was purchased by a variety of institutional investors in the last quarter, including Fred Alger Management Inc., Lord Abbett & CO. LLC, UBS Asset Management Americas Inc., Balyasny Asset Management LLC, UBS Oconnor LLC, Vanguard Group Inc., FMR LLC and Macquarie Group Ltd.. View Insider Buying and Selling for Shake Shack.

Shares of Shake Shack can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Shake Shack stock can currently be purchased for approximately $31.90.