NYSE:SHAK

Shake Shack Stock Forecast, Price & News

$109.31
+10.27 (+10.37 %)
(As of 06/24/2021 02:34 PM ET)
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Today's Range
$99.76
$111.49
50-Day Range
$79.48
$119.00
52-Week Range
$47.12
$138.38
Volume107,929 shs
Average Volume909,956 shs
Market Capitalization$4.59 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.74
30 days | 90 days | 365 days | Advanced Chart
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Shake Shack logo

About Shake Shack

Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States and internationally. Its Shacks offers hamburgers, hot dogs, chicken, crinkle cut fries, shakes, frozen custard, beer, wine, and other products. As of December 30, 2020, it operated 311 Shacks, including 183 domestic company-operated Shacks, 22 domestic licensed Shacks, and 106 international licensed Shacks. Shake Shack Inc. was founded in 2001 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

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Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.28 out of 5 stars

Retail/Wholesale Sector

162nd out of 402 stocks

Eating & Drinking Places Industry

7th out of 18 stocks

Analyst Opinion: 2.1Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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Shake Shack (NYSE:SHAK) Frequently Asked Questions

Is Shake Shack a buy right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Shake Shack in the last year. There are currently 2 sell ratings, 7 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Shake Shack stock. 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 analyst ratings for Shake Shack
or view top-rated stocks.

What stocks does MarketBeat like better than Shake Shack?

Wall Street analysts have given Shake Shack a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Shake Shack wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Shake Shack's next earnings date?

Shake Shack is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Shake Shack
.

How were Shake Shack's earnings last quarter?

Shake Shack Inc. (NYSE:SHAK) posted its quarterly earnings data on Thursday, May, 6th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.13. The firm earned $155.30 million during the quarter, compared to analyst estimates of $160.89 million. Shake Shack had a negative trailing twelve-month return on equity of 5.01% and a negative net margin of 7.46%. The business's quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.02 earnings per share.
View Shake Shack's earnings history
.

How has Shake Shack's stock price been impacted by COVID-19?

Shake Shack's stock was trading at $41.50 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SHAK shares have increased by 164.0% and is now trading at $109.57.
View which stocks have been most impacted by COVID-19
.

What guidance has Shake Shack issued on next quarter's earnings?

Shake Shack updated its second quarter 2021 earnings guidance on Thursday, May, 27th. The company provided EPS guidance of - for the period. The company issued revenue guidance of $174 million-$183 million, compared to the consensus revenue estimate of $183.28 million.

What price target have analysts set for SHAK?

14 brokerages have issued 12-month target prices for Shake Shack's shares. Their forecasts range from $50.00 to $150.00. On average, they expect Shake Shack's stock price to reach $97.94 in the next twelve months. This suggests that the stock has a possible downside of 10.6%.
View analysts' price targets for Shake Shack
or view top-rated stocks among Wall Street analysts.

Who are Shake Shack's key executives?

Shake Shack's management team includes the following people:
  • Mr. Daniel Harris Meyer, Founder & Chairman (Age 63)
  • Mr. Randall J. Garutti, CEO & Director (Age 46, Pay $1.23M)
  • Mr. Zachary Koff, Chief Operating Officer (Age 41, Pay $359.34k)
  • Mr. Dave Harris, Chief Information Officer
  • Mr. Rik Powell, Sr. VP of Fin. & Investor Relations
  • Mr. Ronald Palmese Jr., Esq., Sr. VP, Gen. Counsel & Sec. (Age 42)
  • Mr. Edwin Bragg, VP of Marketing & Communications
  • Mr. Jay Livingston, Chief Marketing Officer
  • Ms. Diane Neville, Chief People Officer
  • Mr. Jeffrey Amoscato, Sr. VP of Supply Chain & Menu Innovation

What is Randy Garutti's approval rating as Shake Shack's CEO?

269 employees have rated Shake Shack CEO Randy Garutti on Glassdoor.com. Randy Garutti has an approval rating of 93% among Shake Shack's employees. This puts Randy Garutti in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Shake Shack's key competitors?

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), The Walt Disney (DIS), Tesla (TSLA), Micron Technology (MU), Starbucks (SBUX), Intel (INTC), The 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.

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 a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.63%), Fred Alger Management LLC (9.16%), Gilder Gagnon Howe & Co. LLC (7.01%), 12 West Capital Management LP (5.35%), Lord Abbett & CO. LLC (4.53%) and Select Equity Group L.P. (3.40%). Company insiders that own Shake Shack stock include Daniel Harris Meyer, Jeffrey Flug, Jenna Lyons, Jonathan D Sokoloff, Randall J Garutti, Randall J Garutti, Robert T Vivian, Tara Comonte and Zach Koff.
View institutional ownership trends for Shake Shack
.

Which major investors are selling Shake Shack stock?

SHAK stock was sold by a variety of institutional investors in the last quarter, including Select Equity Group L.P., Amundi Asset Management US Inc., 12 West Capital Management LP, Westwood Holdings Group Inc., Morgan Stanley, Millennium Management LLC, Valiant Capital Management L.P., and JPMorgan Chase & Co.. Company insiders that have sold Shake Shack company stock in the last year include Daniel Harris Meyer, Jeffrey Flug, Jenna Lyons, Randall J Garutti, Tara Comonte, and Zach Koff.
View insider buying and selling activity for Shake Shack
or view top insider-selling stocks.

Which major investors are buying Shake Shack stock?

SHAK stock was purchased by a variety of institutional investors in the last quarter, including Fred Alger Management LLC, Lord Abbett & CO. LLC, Renaissance Technologies LLC, Principal Financial Group Inc., Principal Financial Group Inc., BlackRock Inc., Healthcare of Ontario Pension Plan Trust Fund, and Federated Hermes Inc..
View insider buying and selling activity for Shake Shack
or or view top insider-buying stocks.

How do I buy shares of 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 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 $109.57.

How much money does Shake Shack make?

Shake Shack has a market capitalization of $4.60 billion and generates $522.87 million in revenue each year. The company earns $-42,160,000.00 in net income (profit) each year or ($0.56) on an earnings per share basis.

How many employees does Shake Shack have?

Shake Shack employs 7,429 workers across the globe.

What is Shake Shack's official website?

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

Where are Shake Shack's headquarters?

Shake Shack is headquartered at 225 VARICK STREET SUITE 301, NEW YORK NY, 10014.

How can I contact Shake Shack?

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]


This page was last updated on 6/24/2021 by MarketBeat.com Staff
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