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NYSE:SHAK

Shake Shack Stock Forecast, Price & News

$66.30
-1.28 (-1.89 %)
(As of 09/21/2020 12:00 AM ET)
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Today's Range
$64.58
Now: $66.30
$66.67
50-Day Range
$48.55
MA: $60.73
$72.16
52-Week Range
$30.01
Now: $66.30
$104.86
Volume1.08 million shs
Average Volume1.88 million shs
Market Capitalization$2.74 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.72
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

Beat the Market (BTM) Rank

Analyst Opinion: 2.0Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.13 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$594.52 million
Cash Flow$1.84 per share
Book Value$8.57 per share

Profitability

Net Income$19.83 million

Miscellaneous

Employees7,603
Market Cap$2.74 billion
Next Earnings Date11/2/2020 (Estimated)
OptionableOptionable
$66.30
-1.28 (-1.89 %)
(As of 09/21/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Shake Shack (NYSE:SHAK) Frequently Asked Questions

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

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 (WHO). Since then, SHAK shares have increased by 59.8% and is now trading at $66.30.
View which stocks have been most impacted by COVID-19
.

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

20 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 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 Monday, November 2nd 2020.
View our earnings forecast for Shake Shack
.

How were Shake Shack's earnings last quarter?

Shake Shack Inc (NYSE:SHAK) released its quarterly earnings data on Thursday, July, 30th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.37) by $0.08. The firm had revenue of $91.79 million for the quarter, compared to analysts' expectations of $93.29 million. Shake Shack had a negative return on equity of 1.40% and a negative net margin of 1.64%.
View Shake Shack's earnings history
.

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

Shake Shack updated its second quarter 2020 Pre-Market earnings guidance on Tuesday, July, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $91.8-91.8 million, compared to the consensus revenue estimate of $102.19 million.

What price target have analysts set for SHAK?

20 brokerages have issued 12-month price targets for Shake Shack's shares. Their forecasts range from $40.00 to $97.00. On average, they anticipate Shake Shack's stock price to reach $57.81 in the next twelve months. This suggests that the stock has a possible downside of 12.8%.
View analysts' price targets for Shake Shack
.

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

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 $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 investors include Vanguard Group Inc. (9.05%), Gilder Gagnon Howe & Co. LLC (7.23%), Eminence Capital LP (3.65%), Wasatch Advisors Inc. (1.72%), FMR LLC (1.55%) and Assenagon Asset Management S.A. (0.87%). Company insiders that own Shake Shack stock include Daniel Harris Meyer, Equity Group LP Select, 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 Eminence Capital LP, Goldman Sachs Group Inc., Bank of America Corp DE, Aigen Investment Management LP, Ensign Peak Advisors Inc, Cambridge Investment Research Advisors Inc., FMR LLC, and Prudential Financial Inc.. Company insiders that have sold Shake Shack company stock in the last year include Daniel Harris Meyer, Jonathan D Sokoloff, Randall J Garutti, Robert T Vivian, and Tara Comonte.
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 Gilder Gagnon Howe & Co. LLC, Vanguard Group Inc., Assenagon Asset Management S.A., Clearfield Capital Management LP, Point72 Asset Management L.P., Jackson Square Partners LLC, Nuveen Asset Management LLC, and Bullseye Asset Management 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 $66.30.

How big of a company is Shake Shack?

Shake Shack has a market capitalization of $2.74 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 9/22/2020 by MarketBeat.com Staff

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