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The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
US Dollar Replaced By "Biden Bucks"? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
US Dollar Replaced By "Biden Bucks"? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
US Dollar Replaced By "Biden Bucks"? (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
The Financial Day of Reckoning Has Begun (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 29 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

See Top Rated MarketRank™ Stocks Here
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.

Analyst Ratings Changes

A number of research firms have recently commented on SHAK. Northcoast Research upgraded Shake Shack from a "neutral" rating to a "buy" rating and set a $70.00 price objective for the company in a research report on Monday, May 16th. BTIG Research reduced their price target on shares of Shake Shack to $65.00 in a research report on Tuesday. Gordon Haskett began coverage on shares of Shake Shack in a research note on Tuesday, July 19th. They issued a "hold" rating and a $50.00 price target on the stock. Oppenheimer reduced their target price on Shake Shack from $75.00 to $69.00 and set an "outperform" rating for the company in a report on Monday, August 8th. Finally, Barclays lowered their price target on Shake Shack to $44.00 in a research note on Tuesday. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $66.39.

Shake Shack Price Performance

Shares of Shake Shack stock opened at $53.11 on Friday. Shake Shack has a 12-month low of $37.72 and a 12-month high of $100.85. The company has a quick ratio of 2.86, a current ratio of 2.89 and a debt-to-equity ratio of 0.57. The stock's fifty day moving average is $44.83 and its 200-day moving average is $56.02.

Insider Buying and Selling

In other news, Director Daniel Harris Meyer bought 21,000 shares of the firm's stock in a transaction on Monday, July 11th. The stock was bought 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 directly owns 576,364 shares in the company, valued at approximately $22,812,487.12. The purchase was disclosed in a document filed with the SEC, which is available at this link. In other Shake Shack 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 completion of the sale, the chief operating officer now directly owns 31,085 shares in the company, valued at approximately $1,398,825. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Daniel Harris Meyer bought 21,000 shares of the company's stock in a transaction dated Monday, July 11th. The stock was acquired at an average price of $39.58 per share, for a total transaction of $831,180.00. Following the acquisition, the director now directly owns 576,364 shares in the company, valued at $22,812,487.12. The disclosure for this purchase can be found here. 9.98% of the stock is currently owned by company insiders.

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SHAK Stock News Headlines

August 4, 2022 | marketbeat.com
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.
July 27, 2022 | marketbeat.com
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.
August 12, 2022 | msn.com
9 Secrets About Shake Shack That Might Surprise You
August 12, 2022 | msn.com
I ordered the same burger from Shake Shack, In-N-Out, and Cook Out and liked the West Coast chain the most
August 12, 2022 | americanbankingnews.com
Shake Shack (NYSE:SHAK) PT Lowered to $65.00 at BTIG Research
August 11, 2022 | finance.yahoo.com
Shake Shack, KFC, Others Tap Kiosks to Boost in-Restaurant Margins
August 11, 2022 | americanbankingnews.com
Morgan Stanley Raises Shake Shack (NYSE:SHAK) Price Target to $52.00
August 10, 2022 | msn.com
What You Should Know About Shake Shack's Breakfast
August 10, 2022 | americanbankingnews.com
Shake Shack (NYSE:SHAK) Price Target Cut to $44.00 by Analysts at Barclays
August 10, 2022 | americanbankingnews.com
Shake Shack (NYSE:SHAK) Upgraded to Sell by StockNews.com
August 10, 2022 | americanbankingnews.com
Shake Shack (NYSE:SHAK) PT Lowered to $69.00
August 10, 2022 | americanbankingnews.com
Shake Shack Inc. to Post Q1 2023 Earnings of $0.02 Per Share, Jefferies Financial Group Forecasts (NYSE:SHAK)
August 9, 2022 | americanbankingnews.com
Credit Suisse Group Lowers Shake Shack (NYSE:SHAK) Price Target to $61.00
August 9, 2022 | americanbankingnews.com
Shake Shack (NYSE:SHAK) PT Lowered to $53.00
August 9, 2022 | americanbankingnews.com
Shake Shack (NYSE:SHAK) Price Target Cut to $48.00 by Analysts at Cowen
August 8, 2022 | americanbankingnews.com
Shake Shack Inc. (NYSE:SHAK) Given Consensus Rating of "Hold" by Analysts
August 8, 2022 | americanbankingnews.com
Shake Shack (NYSE:SHAK) PT Lowered to $48.00 at Cowen
August 7, 2022 | finance.yahoo.com
Shake Shack's (NYSE:SHAK) investors will be pleased with their respectable 59% return over the last five years
August 7, 2022 | msn.com
This Iconic Burger Chain Is Still Struggling to Get Its Sales Back
August 6, 2022 | americanbankingnews.com
Shake Shack (NYSE:SHAK) Stock Price Down 10.5%
August 5, 2022 | msn.com
First Shake Shack coming to Baton Rouge
August 5, 2022 | finance.yahoo.com
Shake Shack (SHAK) Q2 Earnings Top, Q3 View Disappoints, Stock Down
August 5, 2022 | finance.yahoo.com
Fast-Food Chains Confirm Trading Down Trend as Prices Rise
August 4, 2022 | finance.yahoo.com
Why Shake Shack Stock Fell Today
August 4, 2022 | msn.com
Three Stock Lunch: Carvana, Shake Shack and Lucid Group
See More Headlines
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SHAK Company Calendar

Last Earnings
11/04/2021
Today
8/13/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Eating & drinking places
Sub-Industry
N/A
Sector
Retail/Wholesale
Current Symbol
NYSE:SHAK
CUSIP
N/A
CIK
1620533
Web
www.shakeshack.com
Phone
(646) 747-7200
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

EPS (Most Recent Fiscal Year)
($0.60)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-8,650,000.00
Net Margins
-2.80%
Pretax Margin
-3.13%
Return on Equity
-3.42%
Return on Assets
-1.02%

Debt

Debt-to-Equity Ratio
0.57
Current Ratio
2.89
Quick Ratio
2.86

Sales & Book Value

Annual Sales
$739.89 million
Price / Sales
3.02
Cash Flow
$1.42 per share
Price / Cash Flow
37.37
Book Value
$10.17 per share
Price / Book
5.22

Miscellaneous

Outstanding Shares
42,060,000
Free Float
37,867,000
Market Cap
$2.23 billion
Optionable
Optionable
Beta
1.60

Key Executives

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













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 year. 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 brokers have issued 12 month price targets for Shake Shack's shares. Their SHAK share price forecasts range from $44.00 to $100.00. On average, they expect the company's stock price to reach $66.39 in the next year. 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) released its earnings results on Thursday, November, 4th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.06) by $0.01. The firm earned $193.90 million during the quarter, compared to analyst estimates 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 business's revenue for the quarter was up 48.7% compared to the same quarter last year. During the same quarter last year, the firm 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 earnings per share (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 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 variety of retail and institutional 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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