NYSE:SHAKShake Shack Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Shake Shack Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $40.19 +2.12 (+5.57 %) (As of 04/7/2020 02:50 PM ET) Add Compare Share Today's Range$38.87Now: $40.19▼$41.9350-Day Range$32.51MA: $49.57▼$76.6452-Week Range$30.01Now: $40.19▼$105.84Volume1.45 million shsAverage Volume2.56 million shsMarket Capitalization$1.51 billionP/E Ratio64.82Dividend YieldN/ABeta1.56 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 4.0 Analyst's Opinion Consensus RatingShake Shack has received a consensus rating of Hold. The company's average rating score is 2.05, and is based on 4 buy ratings, 12 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $57.93, Shake Shack has a potential upside of 44.1% from its current price of $40.19.Amount of Analyst CoverageShake Shack has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Community Rank Outperform VotesShake Shack has received 456 “outperform” votes. (Add your “outperform” vote.)Underperform VotesShake Shack has received 658 “underperform” votes. (Add your “underperform” vote.)Community SentimentShake Shack has received 59.07% “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. Previous Next 0.0 Dividend Strength Dividend YieldShake Shack does not currently pay a dividend.Dividend GrowthShake Shack does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn 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 $20,366,020.00 in company stock.Percentage Held by InsidersOnly 21.85% of the stock of Shake Shack is held by insiders.Percentage Held by Institutions80.36% of the stock of Shake Shack is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Shake Shack are expected to decrease by -1,266.67% in the coming year, from ($0.03) to $0.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Shake Shack is 64.82, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.96.Price to Earnings Ratio vs. SectorThe P/E ratio of Shake Shack is 64.82, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 16.10.Price to Book Value per Share RatioShake Shack has a P/B Ratio of 4.69. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.0Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.41 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 Webhttp://www.shakeshack.com/ Phone646-747-7200Debt Debt-to-Equity Ratio0.95 Current Ratio0.88 Quick Ratio0.86Price-To-Earnings Trailing P/E Ratio64.82 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$594.52 million Price / Sales2.54 Cash Flow$2.19 per share Price / Cash Flow18.32 Book Value$8.57 per share Price / Book4.69Profitability EPS (Most Recent Fiscal Year)$0.72 Net Income$19.83 million Net Margins3.34% Return on Equity9.03% Return on Assets3.01%Miscellaneous Employees7,603 Outstanding Shares37,570,000Market Cap$1.51 billion Next Earnings Date5/7/2020 (Estimated) OptionableOptionable Receive SHAK News and Ratings via Email Sign-up to receive the latest news and ratings for SHAK and its competitors with MarketBeat's FREE daily newsletter. SHAK Rates by TradingView 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SHAK shares have decreased by 3.2% and is now trading at $40.19. View which stocks have been mosted 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, 12 hold ratings and 4 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 Thursday, May 7th 2020. 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 Monday, February, 24th. The company reported $0.06 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.07. The business earned $151.44 million during the quarter, compared to analyst estimates of $153.05 million. Shake Shack had a return on equity of 9.03% and a net margin of 3.34%. The company's revenue was up 21.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.06 earnings per share. View Shake Shack's earnings history. What guidance has Shake Shack issued on next quarter's earnings? Shake Shack issued an update on its FY 2020 After-Hours earnings guidance on Monday, February, 24th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $712-720 million, compared to the consensus revenue estimate of $737.1 million. What price target have analysts set for SHAK? 19 analysts have issued 1-year target prices for Shake Shack's stock. Their forecasts range from $40.00 to $97.00. On average, they anticipate Shake Shack's share price to reach $57.93 in the next year. This suggests a possible upside of 44.1% 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? Press coverage about SHAK stock has trended very negative on Tuesday, InfoTrie reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 -3.3 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 next several days. View the latest news aboutShake Shack. Are investors shorting Shake Shack? Shake Shack saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 8,891,700 shares, an increase of 31.3% from the February 27th total of 6,770,000 shares. Based on an average daily volume of 1,920,000 shares, the days-to-cover ratio is currently 4.6 days. Approximately 30.0% of the company's stock are sold short. View Shake Shack's Current Options Chain. Who are some of Shake Shack's key competitors? Some companies that are related to Shake Shack include Dunkin Brands Group (DNKN), GREENE KING PLC/S (GKNGY), Wendys (WEN), Cannae (CNNE), J D Wetherspoon (JDWPY), Empire Resorts (NYNY), Simplicity Esports and Gaming (WINR), Muscle Maker (GRIL), Giggles N Hugs (GIGL) and iPic Entertainment (IPICQ). 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), Micron Technology (MU), Starbucks (SBUX), Walt Disney (DIS), Paypal (PYPL), Boeing (BA) and Gilead Sciences (GILD). 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 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. 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 investors include State of Alaska Department of Revenue (0.07%). 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 buying Shake Shack stock? SHAK stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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 $40.19. How big of a company is Shake Shack? Shake Shack has a market capitalization of $1.51 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. View additional information about Shake Shack. What is Shake Shack's official website? The official website for Shake Shack is http://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 4/7/2020 by MarketBeat.com StaffFeatured Article: What is the accumulation/distribution indicator?
