Shake Shack Stock Price, News & Analysis (NYSE:SHAK)

$104.28
+0.90 (+0.87 %)
(As of 09/22/2019 08:55 AM ET)
Today's Range
$101.63
Now: $104.28
$104.47
50-Day Range
$73.11
MA: $95.12
$103.43
52-Week Range
$40.67
Now: $104.28
$105.84
Volume727,151 shs
Average Volume794,800 shs
Market Capitalization$3.89 billion
P/E Ratio154.30
Dividend YieldN/A
Beta1.28
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$445.59 million
Cash Flow$1.5212 per share
Book Value$7.38 per share

Profitability

Net Income$15.18 million

Miscellaneous

Employees6,101
Market Cap$3.89 billion
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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Shake Shack (NYSE:SHAK) Frequently Asked Questions

What is Shake Shack's stock symbol?

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

How were Shake Shack's earnings last quarter?

Shake Shack Inc (NYSE:SHAK) released its quarterly earnings data on Monday, August, 5th. The company reported $0.27 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.22 by $0.05. The firm had revenue of $152.71 million for the quarter, compared to analyst estimates of $149.77 million. Shake Shack had a net margin of 2.96% and a return on equity of 9.01%. The business's quarterly revenue was up 31.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.29 earnings per share. View Shake Shack's Earnings History.

When is Shake Shack's next earnings date?

Shake Shack is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Shake Shack.

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

Shake Shack updated its FY 2019 earnings guidance on Monday, August, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $585-590 million, compared to the consensus revenue estimate of $591.15 million.

What price target have analysts set for SHAK?

11 analysts have issued 1-year price objectives for Shake Shack's shares. Their predictions range from $45.08 to $109.00. On average, they expect Shake Shack's share price to reach $77.9891 in the next year. This suggests that the stock has a possible downside of 25.2%. View Analyst Price Targets for Shake Shack.

What is the consensus analysts' recommendation for Shake Shack?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shake Shack in the last year. There are currently 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Shake Shack.

What are Wall Street analysts saying about Shake Shack stock?

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. " (8/9/2019)
  • 2. Wedbush analysts commented, "We expect ZG to report strong 2Q, driven by strength in Homes and Mortgages and mid single-digit growth in core IMT. As in prior quarters, we expect much focus on Offers, the program’s expansion to new markets, and progression of unit economics and key metrics. In core IMT, mgt’s updated outlook and commentary on growth expectations in 2H19 are key. We maint. our BUY/$58 given prospects for meaningful FCF LT as Homes and Mortgages gain scale. We expect 2Q19 results to be in line with our expectations for $589M (+81% Y/Y) in revenue and $10.6M in adj EBITDA vs. consensus (FactSet) of $586M/$5.5M." (8/6/2019)

Has Shake Shack been receiving favorable news coverage?

News stories about SHAK stock have been trending somewhat negative on Sunday, InfoTrie reports. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Shake Shack earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories 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 Netflix (NFLX), Alibaba Group (BABA), NVIDIA (NVDA), Tesla (TSLA), Micron Technology (MU), Starbucks (SBUX), Chipotle Mexican Grill (CMG), Gilead Sciences (GILD), Twitter (TWTR) and Boeing (BA).

Who are Shake Shack's key executives?

Shake Shack's management team includes the folowing 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 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 acted as the underwriters for the IPO and Barclays, Goldman Sachs, Jefferies, William Blair and Stifel were co-managers.

Who are Shake Shack's major shareholders?

Shake Shack's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.46%), BlackRock Inc. (10.46%), Vanguard Group Inc. (7.37%), Leonard Green & Partners L.P. (3.83%), Renaissance Technologies LLC (3.64%) and Invesco Ltd. (2.95%). Company insiders that own Shake Shack stock include Daniel Harris Meyer, Equity Group LP Select, Equity Investors Vi LP Green, Jeffrey Flug, Jenna Lyons, Jonathan D Sokoloff, Peggy Rubenzer, 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 Leonard Green & Partners L.P., Morgan Stanley, Point72 Asset Management L.P., Renaissance Technologies LLC, Maverick Capital Ltd., Vanguard Group Inc., Wasatch Advisors Inc. and Balyasny Asset Management LLC. Company insiders that have sold Shake Shack company stock in the last year 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 Insider Buying and Selling for Shake Shack.

Which major investors are buying Shake Shack stock?

SHAK stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Victory Capital Management Inc., BlackRock Inc., BlackRock Inc., Bank of America Corp DE, Great Lakes Advisors LLC, Marshall Wace LLP and Nuveen Asset Management LLC. View Insider Buying and Selling 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 $104.28.

How big of a company is Shake Shack?

Shake Shack has a market capitalization of $3.89 billion and generates $445.59 million in revenue each year. The company earns $15.18 million in net income (profit) each year or $0.71 on an earnings per share basis. Shake Shack employs 6,101 workers across the globe.View Additional Information About Shake Shack.

What is Shake Shack's official website?

The official website for Shake Shack is http://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]


MarketBeat Community Rating for Shake Shack (NYSE SHAK)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  403 (Vote Outperform)
Underperform Votes:  557 (Vote Underperform)
Total Votes:  960
MarketBeat's community ratings are surveys of what our community members think about Shake Shack and other stocks. Vote "Outperform" if you believe SHAK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SHAK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2019 by MarketBeat.com Staff

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