Shake Shack Stock Forecast, Price & News

Shake Shack's stock was trading at $41.50 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SHAK stock has increased by 71.7% and is now trading at $71.25.
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22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shake Shack in the last year. There are currently 3 sell ratings, 13 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Shake Shack is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
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Shake Shack will be holding an earnings conference call on Thursday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Shake Shack Inc. (NYSE:SHAK) issued its quarterly earnings results on Thursday, July, 30th. The company reported ($0.45) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.37) by $0.08. The company had revenue of $91.79 million for the quarter, compared to analyst estimates of $93.29 million. Shake Shack had a negative net margin of 1.64% and a negative return on equity of 1.40%.
View Shake Shack's earnings history.

22 equities research analysts have issued 1-year target prices for Shake Shack's stock. Their forecasts range from $40.00 to $97.00. On average, they expect Shake Shack's share price to reach $62.00 in the next year. This suggests that the stock has a possible downside of 13.0%.
View analysts' price targets for Shake Shack.

Some companies that are related to Shake Shack include Dunkin' Brands Group (DNKN), Wendys (WEN), Cannae (CNNE), J D Wetherspoon (JDWPY), Luckin Coffee (LKNCY), Drive Shack (DS), Muscle Maker (GRIL), Simplicity Esports and Gaming (WINR), Baristas Coffee (BCCI), iPic Entertainment (IPICQ), iPic Entertainment (IPIC), Giggles N Hugs (GIGL) and Big Buck Brewery & Steakhouse (BBUCQ).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Shake Shack investors own include NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), The Walt Disney (DIS), Tesla (TSLA), Micron Technology (MU), Starbucks (SBUX), Intel (INTC), The Boeing (BA) and Paypal (PYPL).

(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 acted as the underwriters for the IPO and Barclays, Goldman Sachs, Jefferies, William Blair and Stifel were co-managers.

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

Shake Shack's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Louisiana State Employees Retirement System (0.04%), V Wealth Advisors LLC (0.02%), DAVENPORT & Co LLC (0.01%), Envestnet Asset Management Inc. (0.01%), Nisa Investment Advisors LLC (0.01%) and Exane Derivatives (0.00%). Company insiders that own Shake Shack stock include Daniel Harris Meyer, Jeffrey Flug, Jenna Lyons, Jonathan D Sokoloff, Randall J Garutti, Robert T Vivian, Tara Comonte and Zach Koff.
View institutional ownership trends for Shake Shack.

SHAK stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. Company insiders that have sold Shake Shack company stock in the last year include Daniel Harris Meyer, Jonathan D Sokoloff, Randall J Garutti, Robert T Vivian, and Tara Comonte.
View insider buying and selling activity for Shake Shack.

SHAK stock was acquired by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System, Exane Derivatives, Exane Derivatives, V Wealth Advisors LLC, Nisa Investment Advisors LLC, DAVENPORT & Co LLC, and CWM LLC.
View insider buying and selling activity for Shake Shack.

Shares of SHAK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of SHAK stock can currently be purchased for approximately $71.25.

Shake Shack has a market capitalization of $2.95 billion and generates $594.52 million in revenue each year. The company earns $19.83 million in net income (profit) each year or $0.72 on an earnings per share basis. Shake Shack employs 7,603 workers across the globe.

The official website for Shake Shack is www.shakeshack.com.

Shake Shack's mailing address is 225 VARICK STREET SUITE 301, NEW YORK NY, 10014. The company can be reached via phone at 646-747-7200 or via email at [email protected]