NYSE:SHAK Shake Shack (SHAK) Stock Forecast, Price & News $57.86 -0.28 (-0.48%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$57.79▼$59.4550-Day Range$57.86▼$79.9152-Week Range$40.83▼$80.58Volume618,887 shsAverage Volume776,679 shsMarket Capitalization$2.45 billionP/E RatioN/ADividend YieldN/APrice Target$73.69 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Shake Shack MarketRank™ ForecastAnalyst RatingHold2.31 Rating ScoreUpside/Downside27.4% Upside$73.69 Price TargetShort InterestBearish7.54% of Float Sold ShortDividend StrengthN/ASustainability-2.23Upright™ Environmental ScoreNews Sentiment0.28Based on 16 Articles This WeekInsider TradingSelling Shares$138,812 Sold Last QuarterProj. Earnings Growth52.00%From $0.25 to $0.38 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.55 out of 5 starsRetail/Wholesale Sector58th out of 186 stocksEating & Drinking Places Industry3rd out of 4 stocks 4.2 Analyst's Opinion Consensus RatingShake Shack has received a consensus rating of Hold. The company's average rating score is 2.31, and is based on 4 buy ratings, 9 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $73.69, Shake Shack has a forecasted upside of 27.4% from its current price of $57.86.Amount of Analyst CoverageShake Shack has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.54% of the float of Shake Shack has been sold short.Short Interest Ratio / Days to CoverShake Shack has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Shake Shack has recently increased by 7.63%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldShake Shack does not currently pay a dividend.Dividend GrowthShake Shack does not have a long track record of dividend growth. Previous Next 1.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreShake Shack has received a -19.78% net impact score from Upright. The largest negative impact of Shake Shack in category "Physical diseases" seems to be driven mostly by its "Hot dogs", "Beer", "Milkshakes", and "Fast food hamburgers" products. See details.Environmental SustainabilityThe Environmental Impact score for Shake Shack is -2.23. Previous Next 2.4 News and Social Media Coverage News SentimentShake Shack has a news sentiment score of 0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Shake Shack this week, compared to 10 articles on an average week.Search InterestOnly 12 people have searched for SHAK on MarketBeat in the last 30 days. This is a decrease of -8% compared to the previous 30 days.MarketBeat Follows7 people have added Shake Shack to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Shake Shack insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $138,812.00 in company stock.Percentage Held by Insiders10.06% of the stock of Shake Shack is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions91.70% of the stock of Shake Shack is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Shake Shack are expected to grow by 52.00% in the coming year, from $0.25 to $0.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Shake Shack is -289.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Shake Shack is -289.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioShake Shack has a P/B Ratio of 5.81. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Shake Shack (NYSE:SHAK) StockShake Shack Inc. owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States and internationally. Its Shacks offers hamburgers, chicken, hot dogs, crinkle cut fries, shakes, frozen custard, beer, wine, and other products. The company was founded in 2001 and is headquartered in New York, New York.Read More SHAK Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SHAK Stock News HeadlinesSeptember 9, 2023 | marketbeat.comMarketBeat Week in Review – 9/4 - 9/8 (SHAK)This market continues to be filled with contradictions, but the MarketBeat team is here to help you find the opportunities that continue to existSeptember 7, 2023 | marketbeat.comIs Shake Shack's Major Growth Priced In? Buy the Dip Opportunity (SHAK)Shake Shack's recent pull back may be an opportunity for investors to buy the dip, as there are still upside surprises not yet priced into the stockSeptember 23, 2023 | The Oxford Club (Ad)Unusual Passive Income Investment (Found on a Golf Course)One man turned $1,000 into a decades long passive income stream... eventually reaching $100,000 per year! All from a single golf course tip. CLICK HERE TO FIND OUT HOW HE DID IT September 23, 2023 | msn.com10 Best Shake Shack Secret Menu OptionsSeptember 22, 2023 | yahoo.comWe Tried The New Shake Shack Fries Cooked In Sugarcane Oil And It's A Game-ChangerSeptember 22, 2023 | thestreet.comShake Shack vs. Chick-Fil-A: Which Fried Chicken Sandwich Is Better?September 21, 2023 | msn.comShake Shack and Zero Acre Farms to test cleaner frying oilSeptember 21, 2023 | msn.comShake Shack testing recipe tweak for select items, including fan-favoriteSeptember 23, 2023 | The Oxford Club (Ad)Unusual Passive Income Investment (Found on a Golf Course)One man turned $1,000 into a decades long passive income stream... eventually reaching $100,000 per year! All from a single golf course tip. CLICK HERE TO FIND OUT HOW HE DID IT September 21, 2023 | msn.comShake Shack makes recipe changes for select itemsSeptember 20, 2023 | finance.yahoo.comShake Shack Partners with Zero Acre Farms to Pilot Cleaner Frying OilSeptember 20, 2023 | msn.comShake Shack switches up fan-favorite fry recipe with new sustainable oilSeptember 20, 2023 | yahoo.comShake Shack Is Testing A New Environmentally-Friendly Frying Oil Made From SugarcaneSeptember 20, 2023 | msn.comShake Shack is testing environmentally friendly cooking oilSeptember 19, 2023 | msn.comIt's National Cheeseburger Day so now is the time to get your hands on a beefy dealSeptember 19, 2023 | americanbankingnews.comShake Shack (NYSE:SHAK) Upgraded to "Hold" by StockNews.comSeptember 18, 2023 | msn.comAre there National Cheeseburger Day deals at Five Guys, Shake Shack, Wendy’s, and more?September 18, 2023 | finance.yahoo.comShake Shack Tests Oil to Make Its Fries Healthier and GreenerSeptember 17, 2023 | americanbankingnews.comShake Shack (NYSE:SHAK) Upgraded to "Buy" at Northcoast ResearchSeptember 17, 2023 | americanbankingnews.comShake Shack (NYSE:SHAK) Shares Gap Up to $62.07September 15, 2023 | in.investing.comShake Shack 'well positioned' to drive growth - Northcoast ResearchSeptember 15, 2023 | finance.yahoo.comShake Shack Stock Shows Improved Technical StrengthSeptember 15, 2023 | msn.comShake Shack rises after Northcoast upgrades on bullish outlookSeptember 13, 2023 | finance.yahoo.comShake Shack Turns to Harri to Help Advance Employee EngagementSeptember 12, 2023 | msn.comShake Shack sizzles into the burger scene in Lynnwood by the mallSeptember 12, 2023 | msn.comWhat Happened to #1 Global Sales Shake Shack After 7 Years Later?September 11, 2023 | msn.com'These people been sitting here making so much mess while I'm trying to close.'See More Headlines Receive SHAK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Shake Shack and its competitors with MarketBeat's FREE daily newsletter. Email Address SHAK Company Calendar Last Earnings8/03/2023Today9/23/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Eating & drinking places Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNYSE:SHAK CUSIPN/A CIK1620533 Webwww.shakeshack.com Phone(646) 747-7200FaxN/AEmployees11,704Year Founded2004Price Target and Rating Average Stock Price Forecast$73.69 High Stock Price Forecast$95.00 Low Stock Price Forecast$56.00 Forecasted Upside/Downside+27.4%Consensus RatingHold Rating Score (0-4)2.31 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)($0.20) Trailing P/E RatioN/A Forward P/E Ratio231.44 P/E GrowthN/ANet Income$-24,090,000.00 Net Margins-0.74% Pretax Margin-0.13% Return on Equity0.64% Return on Assets0.18% Debt Debt-to-Equity Ratio0.57 Current Ratio2.19 Quick Ratio2.16 Sales & Book Value Annual Sales$900.49 million Price / Sales2.72 Cash Flow$1.47 per share Price / Cash Flow39.25 Book Value$9.96 per share Price / Book5.81Miscellaneous Outstanding Shares42,300,000Free Float38,042,000Market Cap$2.45 billion OptionableOptionable Beta1.72 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Daniel Harris Meyer (Age 65)Founder & Chairman of Directors Comp: $18.75kMr. Randall J. Garutti (Age 48)CEO & Director Comp: $1.85MMs. Katherine Irene Fogertey (Age 39)Chief Financial Officer Comp: $794.52kMr. Dave HarrisChief Information OfficerMr. Ronald Palmese Jr. (Age 44)Esq., Chief Legal Officer Mr. Jay LivingstonChief Marketing OfficerMs. Diane NevilleChief People OfficerMr. Michael KarkChief Global Licensing OfficerMr. Andrew McCaughanChief Devel. OfficerMore ExecutivesKey CompetitorsWendy'sNASDAQ:WENGMSNYSE:GMSBoot BarnNYSE:BOOTACV AuctionsNASDAQ:ACVAPapa John's InternationalNASDAQ:PZZAView All CompetitorsInsiders & InstitutionsBarclays PLCSold 255,538 shares on 9/21/2023Ownership: 0.107%Virginia Retirement Systems ET ALBought 5,100 shares on 8/22/2023Ownership: 0.012%Comerica BankBought 330 shares on 8/22/2023Ownership: 0.001%California State Teachers Retirement SystemSold 1,297 shares on 8/21/2023Ownership: 0.107%Teachers Retirement System of The State of KentuckyBought 655 shares on 8/21/2023Ownership: 0.030%View All Insider TransactionsView All Institutional Transactions SHAK Stock - Frequently Asked Questions Should I buy or sell Shake Shack stock right now? 13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Shake Shack in the last year. There are currently 9 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research 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 2023? 13 analysts have issued twelve-month price targets for Shake Shack's stock. Their SHAK share price forecasts range from $56.00 to $95.00. On average, they expect the company's stock price to reach $73.69 in the next year. This suggests a possible upside of 27.4% 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 2023? Shake Shack's stock was trading at $41.53 on January 1st, 2023. Since then, SHAK shares have increased by 39.3% and is now trading at $57.86. View the best growth stocks for 2023 here. When is Shake Shack's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our SHAK earnings forecast. How were Shake Shack's earnings last quarter? Shake Shack Inc. (NYSE:SHAK) announced its quarterly earnings data on Thursday, August, 3rd. The company reported $0.18 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.09. The firm earned $271.80 million during the quarter, compared to the consensus estimate of $274.55 million. Shake Shack had a positive trailing twelve-month return on equity of 0.64% and a negative net margin of 0.74%. The firm's revenue was up 17.8% on a year-over-year basis. What ETFs hold Shake Shack's stock? ETFs with the largest weight of Shake Shack (NYSE:SHAK) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Innovator IBD Breakout Opportunities ETF (BOUT), WisdomTree U.S. Growth & Momentum Fund (WGRO), LeaderShares Activist Leaders ETF (ACTV), AdvisorShares Restaurant ETF (EATZ) and First Trust Small Cap Growth AlphaDEX Fund (FYC).SPDR S&P 600 Small Cap ETF (SLY). What guidance has Shake Shack issued on next quarter's earnings? Shake Shack issued an update on its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $273.50 million-$278.00 million, compared to the consensus revenue estimate of $276.95 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 initial public offering (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 number of institutional and retail investors. Top institutional investors include State Street Corp (3.12%), Champlain Investment Partners LLC (2.94%), Van Berkom & Associates Inc. (2.08%), Geode Capital Management LLC (1.72%), Dimensional Fund Advisors LP (1.71%) and Marshall Wace LLP (1.55%). Insiders that own company stock include Daniel Harris Meyer, Jeffrey Flug, Jenna Lyons, Randall J Garutti 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 $57.86. How much money does Shake Shack make? Shake Shack (NYSE:SHAK) has a market capitalization of $2.45 billion and generates $900.49 million in revenue each year. The company earns $-24,090,000.00 in net income (profit) each year or ($0.20) on an earnings per share basis. How many employees does Shake Shack have? The company employs 11,704 workers across the globe. Does Shake Shack have any subsidiaries? The following companies are subsidiares of Shake Shack: SSE Holdings LLC, SSE IP LLC, Shake Shack Domestic Licensing LLC, Shake Shack Enterprises International LLC, Shake Shack Enterprises LLC, Shake Shack Mobile LLC, Shake Shack Texas Beverage Company LLC, Shake Shack Texas Holding Company LLC, and Shake Shack Texas Management Company LLC.Read More 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 9/23/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Shake Shack Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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