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NYSE:SHAK

Shake Shack Stock Forecast, Price & News

$85.49
+3.13 (+3.80 %)
(As of 12/3/2020 12:00 AM ET)
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Today's Range
$82.01
Now: $85.49
$86.84
50-Day Range
$64.99
MA: $74.72
$82.65
52-Week Range
$30.01
Now: $85.49
$86.99
Volume909,474 shs
Average Volume1.66 million shs
Market Capitalization$3.54 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.71
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.
Shake Shack logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.0Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.27 out of 5 stars


Industry, Sector and Symbol

Industry Eating & drinking places
Sub-IndustryN/A
CUSIPN/A
Phone646-747-7200
Employees7,603

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$594.52 million
Cash Flow$2.20 per share
Book Value$8.57 per share

Profitability

Net Income$19.83 million

Miscellaneous

Market Cap$3.54 billion
Next Earnings Date2/22/2021 (Estimated)
OptionableOptionable
$85.49
+3.13 (+3.80 %)
(As of 12/3/2020 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 price been impacted by Coronavirus (COVID-19)?

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 (WHO). Since then, SHAK stock has increased by 106.0% and is now trading at $85.49.
View which stocks have been most impacted by COVID-19
.

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

21 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Shake Shack
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Shake Shack?

Wall Street analysts have given Shake Shack a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Shake Shack wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Shake Shack's next earnings date?

Shake Shack is scheduled to release its next quarterly earnings announcement on Monday, February 22nd 2021.
View our earnings forecast for Shake Shack
.

How were Shake Shack's earnings last quarter?

Shake Shack Inc. (NYSE:SHAK) released its earnings results on Thursday, October, 29th. The company reported ($0.11) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.21) by $0.10. The business earned $130.40 million during the quarter, compared to analyst estimates of $125.43 million. Shake Shack had a negative net margin of 1.64% and a negative return on equity of 1.40%. Shake Shack's revenue was down 17.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.26 earnings per share.
View Shake Shack's earnings history
.

What price target have analysts set for SHAK?

21 Wall Street analysts have issued 12 month target prices for Shake Shack's shares. Their forecasts range from $40.00 to $90.00. On average, they anticipate Shake Shack's stock price to reach $63.22 in the next year. This suggests that the stock has a possible downside of 26.0%.
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), Netflix (NFLX), Alibaba Group (BABA), The Walt Disney (DIS), Tesla (TSLA), Micron Technology (MU), Starbucks (SBUX), Intel (INTC), The Boeing (BA) and PayPal (PYPL).

Who are Shake Shack's key executives?

Shake Shack's management team includes the following people:
  • Mr. Daniel Harris Meyer, Founder & Chairman (Age 62, Pay $25k)
  • Mr. Randall J. Garutti, CEO & Director (Age 45, Pay $1.53M)
  • Ms. Tara M. Comonte, Pres & CFO (Age 46, Pay $934.34k)
  • Mr. Zachary Koff, Chief Operating Officer (Age 40, Pay $435.07k)
  • Mr. Dave Harris, Chief Information Officer
  • Mr. Ronald Palmese Jr., Esq., Sr. VP, Gen. Counsel & Sec. (Age 41)
  • Mr. Edwin Bragg, VP of Marketing & Communications
  • Mr. Jay Livingston, Chief Marketing Officer
  • Ms. Diane Neville, Sr. VP of People Resources
  • Mr. Jeffrey Amoscato, Sr. VP of Supply Chain & Menu Innovation

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 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.24%), Lord Abbett & CO. LLC (3.64%), State Street Corp (2.47%), Morgan Stanley (1.08%), Westwood Holdings Group Inc. (0.91%) and Champlain Investment Partners LLC (0.88%). Company insiders that own Shake Shack 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 for Shake Shack
.

Which major investors are selling Shake Shack stock?

SHAK stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Morgan Stanley, BlackRock Inc., Jackson Square Partners LLC, Blair William & Co. IL, Karani Asset Management LLC, Squarepoint Ops LLC, and SG Americas Securities LLC. Company insiders that have sold Shake Shack company stock in the last year include Daniel Harris Meyer, Jeffrey Flug, Jonathan D Sokoloff, Randall J Garutti, Robert T Vivian, and Tara Comonte.
View insider buying and selling activity for Shake Shack
.

Which major investors are buying Shake Shack stock?

SHAK stock was acquired by a variety of institutional investors in the last quarter, including Columbus Circle Investors, Champlain Investment Partners LLC, Yong Rong HK Asset Management Ltd, Segall Bryant & Hamill LLC, Great West Life Assurance Co. Can, Westwood Holdings Group Inc., Landscape Capital Management L.L.C., and SPX Equities Gestao de Recursos Ltda.
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 $85.49.

How big of a company is Shake Shack?

Shake Shack has a market capitalization of $3.54 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 12/4/2020 by MarketBeat.com Staff

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