S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The 3-Stock Retirement Blueprint (Ad)
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Saudi Aramco's profits already $88B as oil prices stay high
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
MUST WATCH: Unusual 3-second financial maneuver (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The 3-Stock Retirement Blueprint (Ad)
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Saudi Aramco's profits already $88B as oil prices stay high
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
MUST WATCH: Unusual 3-second financial maneuver (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The 3-Stock Retirement Blueprint (Ad)
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Saudi Aramco's profits already $88B as oil prices stay high
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
MUST WATCH: Unusual 3-second financial maneuver (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The 3-Stock Retirement Blueprint (Ad)
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
MUST WATCH: Unusual 3-second financial maneuver (Ad)
Saudi Aramco's profits already $88B as oil prices stay high
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
MUST WATCH: Unusual 3-second financial maneuver (Ad)
NYSE:SHAK

Shake Shack - SHAK Stock Forecast, Price & News

$53.11
+1.18 (+2.27%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$52.04
$53.19
50-Day Range
$38.07
$54.43
52-Week Range
$37.72
$100.85
Volume
537,209 shs
Average Volume
1.04 million shs
Market Capitalization
$2.23 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$66.39

Shake Shack MarketRank™ Forecast

Analyst Rating
Hold
2.28 Rating Score
Upside/​Downside
25.0% Upside
$66.39 Price Target
Short Interest
Healthy
10.46% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.23
Upright™ Environmental Score
News Sentiment
-0.10mentions of Shake Shack in the last 14 days
Based on 27 Articles This Week
Insider Trading
Acquiring Shares
$831,180 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.38) to $0.01 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.38 out of 5 stars

Retail/Wholesale Sector

107th out of 224 stocks

Eating & Drinking Places Industry

3rd out of 6 stocks

SHAK stock logo

About Shake Shack (NYSE:SHAK) Stock

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 29, 2021, it operated 369 Shacks, including 218 domestic company-operated Shacks, 25 domestic licensed Shacks, and 126 international licensed Shacks. Shake Shack Inc. was founded in 2001 and is headquartered in New York, New York.

Analysts Set New Price Targets

SHAK has been the subject of a number of analyst reports. Northcoast Research raised shares of Shake Shack from a "neutral" rating to a "buy" rating and set a $70.00 target price for the company in a research report on Monday, May 16th. BTIG Research cut their target price on shares of Shake Shack to $65.00 in a research note on Tuesday, August 9th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Shake Shack from $68.00 to $53.00 in a research note on Monday, August 8th. Cowen dropped their price objective on shares of Shake Shack from $52.00 to $48.00 and set a "market perform" rating for the company in a research note on Friday, August 5th. Finally, Credit Suisse Group dropped their target price on shares of Shake Shack from $72.00 to $61.00 and set a "neutral" rating for the company in a research report on Monday, August 8th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat, Shake Shack currently has an average rating of "Hold" and an average target price of $66.39.

Shake Shack Stock Performance

NYSE:SHAK opened at $53.11 on Friday. The stock's fifty day moving average is $44.83 and its 200 day moving average is $55.97. The firm has a market capitalization of $2.23 billion, a PE ratio of -88.52 and a beta of 1.60. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.86 and a current ratio of 2.89. Shake Shack has a fifty-two week low of $37.72 and a fifty-two week high of $100.85.

Insider Transactions at Shake Shack

In other Shake Shack news, COO Zach Koff sold 5,000 shares of the stock in a transaction dated Thursday, July 14th. The stock was sold at an average price of $45.00, for a total value of $225,000.00. Following the completion of the sale, the chief operating officer now directly owns 31,085 shares in the company, valued at $1,398,825. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, COO Zach Koff sold 5,000 shares of the firm's stock in a transaction dated Thursday, July 14th. The stock was sold at an average price of $45.00, for a total transaction of $225,000.00. Following the sale, the chief operating officer now directly owns 31,085 shares of the company's stock, valued at $1,398,825. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Daniel Harris Meyer acquired 21,000 shares of the company's stock in a transaction on Monday, July 11th. The stock was acquired at an average cost of $39.58 per share, for a total transaction of $831,180.00. Following the completion of the acquisition, the director now owns 576,364 shares of the company's stock, valued at approximately $22,812,487.12. The disclosure for this purchase can be found here. Corporate insiders own 9.98% of the company's stock.

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SHAK Stock News Headlines

Chipotle Mexican Grill Or Shake Shak? Which Is The Tastier Play  (SHAK)
Shake Shack is a growing concern but Chipotle Mexican Grill is outperforming and the results are clear. Chipotle Mexican Grill is on an upswing.
McDonalds Just Confirmed Its Place As A Top Defensive Stock (SHAK)
It’s not like there was much uncertainty about whether or not McDonalds (NYSE: MCD) would be an inflation and recession proof stock, but yesterday’s earnings report pretty much confirmed it.
Shake Shack (NYSE:SHAK) PT Lowered to $65.00 at BTIG Research
Shake Shack (NYSE:SHAK) Upgraded to Sell by StockNews.com
Shake Shack (NYSE:SHAK) PT Lowered to $69.00
Shake Shack (NYSE:SHAK) PT Lowered to $53.00
Shake Shack (NYSE:SHAK) PT Lowered to $48.00 at Cowen
Shake Shack (NYSE:SHAK) Stock Price Down 10.5%
First Shake Shack coming to Baton Rouge
Why Shake Shack Stock Fell Today
See More Headlines
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SHAK Company Calendar

Last Earnings
11/04/2021
Today
8/14/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Eating & drinking places
Sub-Industry
N/A
Fax
N/A
Employees
9,695
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$66.39
High Stock Price Forecast
$100.00
Low Stock Price Forecast
$44.00
Forecasted Upside/Downside
+25.0%
Consensus Rating
Hold
Rating Score (0-4)
2.28
Research Coverage
18 Analysts

Profitability

Net Income
$-8,650,000.00
Pretax Margin
-3.13%

Debt

Sales & Book Value

Annual Sales
$739.89 million
Cash Flow
$1.39 per share
Book Value
$10.17 per share

Miscellaneous

Free Float
37,867,000
Market Cap
$2.23 billion
Optionable
Optionable
Beta
1.60

Key Executives














SHAK Stock - Frequently Asked Questions

Should I buy or sell Shake Shack stock right now?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shake Shack in the last twelve months. There are currently 1 sell rating, 11 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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 2022?

18 Wall Street research analysts have issued 1 year price targets for Shake Shack's stock. Their SHAK share price forecasts range from $44.00 to $100.00. On average, they predict the company's stock price to reach $66.39 in the next twelve months. This suggests a possible upside of 25.0% 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 2022?

Shake Shack's stock was trading at $72.16 on January 1st, 2022. Since then, SHAK stock has decreased by 26.4% and is now trading at $53.11.
View the best growth stocks for 2022 here
.

When is Shake Shack's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our SHAK earnings forecast
.

How were Shake Shack's earnings last quarter?

Shake Shack Inc. (NYSE:SHAK) announced its quarterly earnings data on Thursday, November, 4th. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.01. The firm had revenue of $193.90 million for the quarter, compared to the consensus estimate of $197.47 million. Shake Shack had a negative trailing twelve-month return on equity of 3.42% and a negative net margin of 2.80%. The company's revenue for the quarter was up 48.7% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.11) EPS.

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

Shake Shack issued an update on its third quarter 2022 earnings guidance on Thursday, August, 11th. The company provided EPS guidance of for the period. The company issued revenue guidance of $221.00 million-$226.50 million, compared to the consensus revenue estimate of $244.67 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 initial public offering (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 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 many different institutional and retail investors. Top institutional shareholders include Van Berkom & Associates Inc. (2.49%), Northern Trust Corp (0.92%), Principal Financial Group Inc. (0.58%), Walleye Trading LLC (0.00%), RPG Investment Advisory LLC (0.29%) and Bridgewater Associates LP (0.26%). Insiders that own company 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
.

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 $53.11.

How much money does Shake Shack make?

Shake Shack (NYSE:SHAK) has a market capitalization of $2.23 billion and generates $739.89 million in revenue each year. The company earns $-8,650,000.00 in net income (profit) each year or ($0.60) on an earnings per share basis.

How many employees does Shake Shack have?

The company employs 9,695 workers across the globe.

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 8/14/2022 by MarketBeat.com Staff

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