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NYSE:SHAK - Shake Shack Stock Price, Forecast & News

$40.64
-4.49 (-9.95 %)
(As of 03/27/2020 04:00 PM ET)
Today's Range
$39.32
Now: $40.64
$42.56
50-Day Range
$32.51
MA: $57.12
$76.64
52-Week Range
$30.01
Now: $40.64
$105.84
Volume2.06 million shs
Average Volume2.46 million shs
Market Capitalization$1.53 billion
P/E Ratio65.55
Dividend YieldN/A
Beta1.2
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.
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Shake Shack logo

Industry, Sector and Symbol

Industry Eating & drinking places
Sub-IndustryN/A
SectorRetail/Wholesale
CUSIPN/A
Phone646-747-7200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$594.52 million
Cash Flow$1.63 per share
Book Value$8.57 per share

Profitability

Net Income$19.83 million

Miscellaneous

Employees7,603
Market Cap$1.53 billion
Next Earnings Date5/7/2020 (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 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SHAK stock has decreased by 2.1% and is now trading at $40.64. View which stocks have been mosted impacted by Coronavirus.

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

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shake Shack in the last year. There are currently 2 sell ratings, 11 hold ratings and 5 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 earnings results on Monday, February, 24th. The company reported $0.06 EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.01) by $0.07. The company earned $151.44 million during the quarter, compared to analyst estimates of $153.05 million. Shake Shack had a net margin of 3.34% and a return on equity of 9.03%. The business's quarterly revenue was up 21.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.06 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 FY 2020 After-Hours earnings guidance on Monday, February, 24th. The company provided earnings per share (EPS) 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?

18 brokerages have issued 12 month target prices for Shake Shack's shares. Their forecasts range from $40.00 to $97.00. On average, they expect Shake Shack's share price to reach $63.92 in the next twelve months. This suggests a possible upside of 57.3% 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?

News stories about SHAK stock have been trending somewhat positive on Saturday, InfoTrie reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Shake Shack earned a daily sentiment score of 1.8 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View the latest news aboutShake Shack.

Are investors shorting Shake Shack?

Shake Shack saw a increase in short interest in 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 trading volume, of 1,920,000 shares, the days-to-cover ratio is currently 4.6 days. Currently, 30.0% of the company's shares are short sold. View Shake Shack's Current Options Chain.

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 Alibaba Group (BABA), NVIDIA (NVDA), Netflix (NFLX), Tesla (TSLA), Micron Technology (MU), Starbucks (SBUX), Walt Disney (DIS), Gilead Sciences (GILD), Paypal (PYPL) and Boeing (BA).

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 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 a variety of institutional and retail investors. Top institutional shareholders include Lord Abbett & CO. LLC (3.46%), Macquarie Group Ltd. (2.46%), Macquarie Group Ltd. (2.46%), FMR LLC (2.26%), State Street Corp (2.22%) and Zevenbergen Capital Investments LLC (1.57%). 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 institutional investors are selling Shake Shack stock?

SHAK stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, FMR LLC, Fred Alger Management LLC, Cubist Systematic Strategies LLC, Bank of New York Mellon Corp, Zevenbergen Capital Investments LLC, Bank of America Corp DE, and First Trust Advisors LP. 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 institutional investors are buying Shake Shack stock?

SHAK stock was acquired by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Norges Bank, Macquarie Group Ltd., Macquarie Group Ltd., Bridger Management LLC, RPG Investment Advisory LLC, UBS Group AG, and Man Group plc. 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 $40.64.

How big of a company is Shake Shack?

Shake Shack has a market capitalization of $1.53 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]


MarketBeat Community Rating for Shake Shack (NYSE SHAK)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  454 (Vote Outperform)
Underperform Votes:  652 (Vote Underperform)
Total Votes:  1,106
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.
This page was last updated on 3/28/2020 by MarketBeat.com Staff

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