NYSE:SHAKShake Shack Stock Price, Forecast & News

$54.80

+1.30 (+2.43 %)

(As of 05/27/2020 12:54 PM ET)

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Today's Range

$52.91

Now: $54.80▼

$55.74

50-Day Range

$33.19

MA: $48.56▼

$55.71

52-Week Range

$30.01

Now: $54.80▼

$105.84

Volume580,743 shs

Average Volume1.65 million shs

Market Capitalization$2.26 billion

P/E Ratio107.44

Dividend YieldN/A

Beta1.84

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 26, 2018, it operated 208 Shacks, including 124 domestic company-operated Shacks, 12 domestic licensed Shacks, and 72 international licensed Shacks. Shake Shack Inc. was founded in 2004 and is headquartered in New York, New York.

Beat the Market (BTM) Rank^™

2.0 Analyst's Opinion

Consensus Rating
Shake Shack has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 3 buy ratings, 13 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $56.60, Shake Shack has a potential upside of 3.3% from its current price of $54.80.
Amount of Analyst Coverage
Shake Shack has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0 Community Rank

Outperform Votes
Shake Shack has received 457 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Shake Shack has received 671 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Shake Shack has received 59.49% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Shake Shack and other stocks. Vote “Outperform” if you believe SHAK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SHAK will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Shake Shack does not currently pay a dividend.
Dividend Growth
Shake Shack does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Shake Shack insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,065,750.00 in company stock.
Percentage Held by Insiders
Only 21.85% of the stock of Shake Shack is held by insiders.
Percentage Held by Institutions
80.97% of the stock of Shake Shack is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Shake Shack are expected to grow in the coming year, from ($0.43) to $0.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Shake Shack is 107.44, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.68.
Price to Earnings Ratio vs. Sector
The P/E ratio of Shake Shack is 107.44, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 40.20.
Price to Book Value per Share Ratio
Shake Shack has a P/B Ratio of 7.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.13 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Eating & drinking places

Sub-IndustryN/A

SectorRetail/Wholesale

Current SymbolNYSE:SHAK

Previous Symbol

CUSIPN/A

CIK1620533

Webwww.shakeshack.com

Phone646-747-7200

Debt

Debt-to-Equity Ratio1.15

Current Ratio1.12

Quick Ratio1.10

Price-To-Earnings

Trailing P/E Ratio107.44

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$594.52 million

Price / Sales3.81

Cash Flow$1.89 per share

Price / Cash Flow28.94

Book Value$7.81 per share

Price / Book7.02

Profitability

EPS (Most Recent Fiscal Year)$0.72

Net Income$19.83 million

Net Margins2.70%

Return on Equity7.45%

Return on Assets2.43%

Miscellaneous

Employees7,603

Outstanding Shares41,290,000

Market Cap$2.26 billion

Next Earnings Date8/3/2020 (Estimated)

OptionableOptionable

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Shake Shack (NYSE:SHAK) Frequently Asked Questions

How has Shake Shack's stock been impacted by COVID-19 (Coronavirus)?

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 32.0% and is now trading at $54.7950. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Shake Shack?

19 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Shake Shack.

When is Shake Shack's next earnings date?

Shake Shack is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Shake Shack.

How were Shake Shack's earnings last quarter?

Shake Shack Inc (NYSE:SHAK) announced its earnings results on Monday, May, 4th. The company reported $0.02 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.01. The firm had revenue of $143.17 million for the quarter, compared to the consensus estimate of $145.31 million. Shake Shack had a return on equity of 7.45% and a net margin of 2.70%. The company's revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.13 EPS. View Shake Shack's earnings history.

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

Shake Shack issued an update on its first quarter 2020 Pre-Market earnings guidance on Friday, April, 17th. The company provided EPS guidance of for the period. The company issued revenue guidance of $143.17-143.17 million, compared to the consensus revenue estimate of $147.43 million.

What price target have analysts set for SHAK?

19 brokers have issued 1 year price targets for Shake Shack's stock. Their forecasts range from $40.00 to $97.00. On average, they anticipate Shake Shack's stock price to reach $56.60 in the next twelve months. This suggests a possible upside of 3.3% from the stock's current price. View analysts' price targets for Shake Shack.

What are Wall Street analysts saying about Shake Shack stock?

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. " (2/7/2020)
2. Wedbush analysts commented, "We expect ZG to report strong 2Q, driven by strength in Homes and Mortgages and mid single-digit growth in core IMT. As in prior quarters, we expect much focus on Offers, the program’s expansion to new markets, and progression of unit economics and key metrics. In core IMT, mgt’s updated outlook and commentary on growth expectations in 2H19 are key. We maint. our BUY/$58 given prospects for meaningful FCF LT as Homes and Mortgages gain scale. We expect 2Q19 results to be in line with our expectations for $589M (+81% Y/Y) in revenue and $10.6M in adj EBITDA vs. consensus (FactSet) of $586M/$5.5M." (8/6/2019)

Has Shake Shack been receiving favorable news coverage?

Media coverage about SHAK stock has trended somewhat positive on Wednesday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Shake Shack earned a media sentiment score of 1.4 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutShake Shack.

Who are some of Shake Shack's key competitors?

Some companies that are related to Shake Shack include Dunkin Brands Group (DNKN), Wendys (WEN), GREENE KING PLC/S (GKNGY), Cannae (CNNE), J D Wetherspoon (JDWPY), Empire Resorts (NYNY), Luckin Coffee (LK), Muscle Maker (GRIL), Simplicity Esports and Gaming (WINR), iPic Entertainment (IPICQ) and Giggles N Hugs (GIGL). View all 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 Alibaba Group (BABA), NVIDIA (NVDA), Netflix (NFLX), Tesla (TSLA), Walt Disney (DIS), Micron Technology (MU), Starbucks (SBUX), Boeing (BA), Paypal (PYPL) and Square (SQ).

Who are Shake Shack's key executives?

Shake Shack's management team includes the following people:

Mr. Daniel Harris Meyer, Founder & Chairman (Age 61)
Mr. Randall J. Garutti, CEO & Director (Age 44)
Ms. Tara M. Comonte, Chief Financial Officer (Age 45)
Mr. Zachary Koff, Chief Operating Officer (Age 39)
Mr. Dave Harris, Chief Information Officer

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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.60%), Eminence Capital LP (6.28%), Lord Abbett & CO. LLC (4.75%), Invesco Ltd. (2.53%), State Street Corp (2.17%) and Wasatch Advisors Inc. (1.85%). Company insiders that own Shake Shack stock include Daniel Harris Meyer, Equity Group LP Select, Equity Investors Vi LP Green, 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.

Which major investors are selling Shake Shack stock?

SHAK stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, BlackRock Inc., Voloridge Investment Management LLC, UBS Group AG, Stony Point Capital LLC, WINTON GROUP Ltd, and Zevenbergen Capital Investments LLC. Company insiders that have sold Shake Shack company stock in the last year include Daniel Harris Meyer, Jeffrey Flug, Jenna Lyons, Jonathan D Sokoloff, Randall J Garutti, Robert T Vivian, Tara Comonte, and Zach Koff. View insider buying and selling activity for Shake Shack.

Which major investors are buying Shake Shack stock?

SHAK stock was acquired by a variety of institutional investors in the last quarter, including Eminence Capital LP, Lord Abbett & CO. LLC, Darsana Capital Partners LP, Wasatch Advisors Inc., Nuveen Asset Management LLC, Deutsche Bank AG, Two Sigma Advisers LP, and Bandera Partners LLC. View insider buying and selling activity for Shake Shack.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Shake Shack's stock price today?

One share of SHAK stock can currently be purchased for approximately $54.80.

How big of a company is Shake Shack?

Shake Shack has a market capitalization of $2.26 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.

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 5/27/2020 by MarketBeat.com Staff