Shake Shack Company Profile (NYSE:SHAK)

Shake Shack trades on the New York Stock Exchange (NYSE) under the ticker symbol "SHAK."

Shake Shack, Inc. (NYSE:SHAK) posted its earnings results on Thursday, May, 4th. The company reported $0.10 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.08 by $0.02. The firm had revenue of $76.70 million for the quarter, compared to analyst estimates of $74.71 million. Shake Shack had a return on equity of 7.15% and a net margin of 4.55%. The company's revenue for the quarter was up 41.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.08 earnings per share. View Shake Shack's Earnings History.

12 brokers have issued twelve-month target prices for Shake Shack's shares. Their forecasts range from $30.00 to $48.00. On average, they anticipate Shake Shack's share price to reach $37.50 in the next year. View Analyst Ratings for Shake Shack.

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. " (7/19/2017)
• 2. Wedbush analysts commented, "curtail intense discounting" within the quick service restaurant (QSR) burger chains, which benefit Shake Shack's competitive positioning.Achievable GuidanceSetyan's upgrade is also partially based on expectations for Shake Shack to achieve the company's reset comp guidance. Management lowered its 2017 same-store sales growth guidance to be around flat from a prior range of 2 to 3 percent post-Q1.This does imply a "modest" (5/18/2017)
• 3. Buckingham Research analysts commented, "We remain with a NEUTRAL on shares of SHAK and reduce our price target to $39 (representing 15% upside from expected $34 opening) from $40. We continue to like SHAK for its long-term growth opportunity, brand, and exceptional unit economics. The challenge continues to consist of two factors, one is valuation, which at 20x EV NTM EBITDA represents a lot of risk in the event of unforeseen events. The second is the income statement dynamic resulting from hyper-growth into lower AUV markets. SHAK is guiding to $3.2M+ AUVs and 21% restaurant level margins for its 22-23 new units (32-33% growth) in 2017. In 2016 the average restaurant produced $4.9M in revenues and the consolidated restaurant-level margin was 28.3%, implying material dilution to these metrics from planned new unit openings. While we believe investors understand this, the situation makes it more difficult for SHAK to beat EPS, something we think is required to maintain the valuation. We see 34%/38% upside/ downside in best/ worst case scenarios." (3/2/2017)

Some companies that are related to Shake Shack include Greggs plc (GRG), Mitchells & Butlers plc (MAB), Biglari Holdings (BH), Denny's Corporation (DENN), DineEquity (DIN), Marston's PLC (MARS), Restaurant Group PLC (RTN), Young & Co.'s Brewery plc (YNGA), Bojangles' (BOJA), Fuller, Smith & Turner plc (FSTA), Young & Co.'s Brewery plc (YNGN), El Pollo Loco Holdings (LOCO), Fiesta Restaurant Group (FRGI), Chuy's Holdings (CHUY), The Habit Restaurants (HABT), Del Frisco's Restaurant Group (DFRG), Potbelly Corporation (PBPB) and Zoe's Kitchen (ZOES).

Shake Shack's management team includes the folowing people:

• Daniel Meyer, Independent Chairman of the Board
• Randall J. Garutti, Chief Executive Officer, Director
• Tara Comonte, Chief Financial Officer
• Zach Koff, Chief Operating Officer
• Peggy Rubenzer, Senior Vice President - People Resources
• Jeffrey Flug CPA, Independent Director
• Jenna Lyons, Independent Director
• Joshua G. Silverman, Independent Director
• Jonathan D. Sokoloff, Independent Director
• Robert T. Vivian, Independent Director

(SHAK) raised $75 million in an 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 served as the underwriters for the IPO and Barclays, Goldman Sachs, Jefferies, William Blair and Stifel were co-managers.

Shake Shack's stock is owned by a number of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.07%), Creative Planning (0.05%), Louisiana State Employees Retirement System (0.03%), Nisa Investment Advisors LLC (0.03%), US Bancorp DE (0.02%) and State of Alaska Department of Revenue (0.01%). Company insiders that own Shake Shack stock include Acg Shack Llc, Daniel Harris Meyer, David A Swinghamer, Equity Group LP Select, Equity Investors Vi LP Green, Flug 2012 Gs Trust U/A/D 9/4/1, Granite Point Capital, LP, Jeffrey Flug, Jeffrey J Uttz, Jonathan D Sokoloff, Karen Kochevar, Laura J Sloate, Peggy Rubenzer, Randall J Garutti, Richard D Coraine and Zach Koff. View Institutional Ownership Trends for Shake Shack.

Shake Shack's stock was acquired by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, State of Alaska Department of Revenue, US Bancorp DE, Creative Planning and Louisiana State Employees Retirement System. View Insider Buying and Selling for Shake Shack.

Shares of Shake Shack can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Shake Shack stock can currently be purchased for approximately $34.94.