S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NYSE:SHAK

Shake Shack (SHAK) Stock Forecast, Price & News

$41.98
-1.19 (-2.76%)
(As of 05/20/2022 12:00 AM ET)
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Today's Range
$40.34
$43.96
50-Day Range
$41.98
$71.29
52-Week Range
$40.34
$111.49
Volume
864,726 shs
Average Volume
1.07 million shs
Market Capitalization
$1.77 billion
P/E Ratio
N/A
Dividend Yield
N/A
Beta
1.45
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 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.

Headlines

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Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
$739.89 million
Cash Flow
$1.35 per share
Book Value
$10.11 per share

Profitability

Net Income
$-8.65 million
Pretax Margin
-2.84%

Debt

Price-To-Earnings

Miscellaneous

Free Float
37,859,000
Market Cap
$1.77 billion
Optionable
Optionable

Company Calendar

Last Earnings
5/05/2022
Today
5/21/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.04 out of 5 stars

Retail/Wholesale Sector

164th out of 284 stocks

Eating & Drinking Places Industry

5th out of 9 stocks

Analyst Opinion: 4.2Community Rank: 3.7Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -













Shake Shack (NYSE:SHAK) Frequently Asked Questions

Is Shake Shack a buy right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shake Shack in the last twelve months. There are currently 1 sell rating, 9 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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.

When is Shake Shack's next earnings date?

Shake Shack is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Shake Shack
.

How were Shake Shack's earnings last quarter?

Shake Shack Inc. (NYSE:SHAK) posted its earnings results on Thursday, May, 5th. The company reported ($0.19) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.23) by $0.04. The firm earned $203.39 million during the quarter, compared to analyst estimates of $200.64 million. Shake Shack had a negative net margin of 2.55% and a negative trailing twelve-month return on equity of 2.87%. The company's revenue was up 31.0% compared to the same quarter last year. During the same period last year, the firm posted $0.04 earnings per share.
View Shake Shack's earnings history
.

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

Shake Shack updated its second quarter 2022 earnings guidance on Monday, May, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $233.80 million-$239.50 million, compared to the consensus revenue estimate of $242.89 million.

What price target have analysts set for SHAK?

17 equities research analysts have issued 1 year target prices for Shake Shack's stock. Their forecasts range from $67.00 to $109.00. On average, they anticipate Shake Shack's stock price to reach $79.06 in the next year. This suggests a possible upside of 88.3% from the stock's current price.
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 64)
  • Mr. Randall J. Garutti, CEO & Director (Age 47, Pay $1.23M)
  • Mr. Zachary Koff, Chief Operating Officer (Age 42, Pay $359.34k)
  • Ms. Katherine Irene Fogertey, Chief Financial Officer (Age 38)
  • Mr. Dave Harris, Chief Information Officer
  • Mr. Ronald Palmese Jr., Esq., Sr. VP, Gen. Counsel & Sec. (Age 43)
  • Mr. Jay Livingston, Chief Marketing Officer
  • Ms. Diane Neville, Chief People Officer
  • Mr. Michael Kark, Chief Global Licensing Officer
  • Mr. Andrew McCaughan, Chief Devel. Officer
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.

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 $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 shareholders include Vanguard Group Inc. (9.68%), Gilder Gagnon Howe & Co. LLC (5.32%), 12 West Capital Management LP (4.23%), State Street Corp (3.01%), Champlain Investment Partners LLC (1.84%) and Van Berkom & Associates Inc. (1.73%). Company insiders that own Shake Shack stock include Daniel Harris Meyer, Jeffrey Flug, Jenna Lyons, Randall J Garutti, Tara Comonte and Zach Koff.
View institutional ownership trends for Shake Shack
.

Which institutional investors are selling Shake Shack stock?

SHAK stock was sold by a variety of institutional investors in the last quarter, including Gilder Gagnon Howe & Co. LLC, UBS Group AG, Boundary Creek Advisors LP, Jane Street Group LLC, IMC Chicago LLC, Champlain Investment Partners LLC, PEAK6 Investments LLC, and Cutler Group LP.
View insider buying and selling activity for Shake Shack
or view top insider-selling stocks.

Which institutional investors are buying Shake Shack stock?

SHAK stock was bought by a variety of institutional investors in the last quarter, including EVR Research LP, Landscape Capital Management L.L.C., Walleye Trading LLC, Renaissance Technologies LLC, Pertento Partners LLP, Simplex Trading LLC, Walleye Capital LLC, and Vanguard Group 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 $41.98.

How much money does Shake Shack make?

Shake Shack has a market capitalization of $1.77 billion and generates $739.89 million in revenue each year. The company earns $-8.65 million in net income (profit) each year or ($0.52) on an earnings per share basis.

How many employees does Shake Shack have?

Shake Shack employs 9,695 workers across the globe.

What is Shake Shack's official website?

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

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 5/22/2022 by MarketBeat.com Staff

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