NYSE:SHAKShake Shack Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $33.19 +0.31 (+0.94 %) (As of 04/5/2020 09:20 AM ET) Add Compare Share Today's Range$30.57Now: $33.19▼$33.8150-Day Range$32.51MA: $52.71▼$76.6452-Week Range$30.01Now: $33.19▼$105.84Volume3.15 million shsAverage Volume2.51 million shsMarket Capitalization$1.25 billionP/E Ratio53.53Dividend YieldN/ABeta1.56 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 4.1 Analyst's Opinion Consensus RatingShake Shack has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 4 buy ratings, 12 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $59.12, Shake Shack has a potential upside of 78.1% from its current price of $33.19.Amount of Analyst CoverageShake Shack has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Community Rank Outperform VotesShake Shack has received 456 “outperform” votes. (Add your “outperform” vote.)Underperform VotesShake Shack has received 657 “underperform” votes. (Add your “underperform” vote.)Community SentimentShake Shack has received 59.03% “underperform” votes from our community.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. 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 1.0 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 $20,366,020.00 in company stock.Percentage Held by InsidersOnly 21.85% of the stock of Shake Shack is held by insiders.Percentage Held by Institutions80.36% 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 0.0 Earnings and Valuation Earnings GrowthEarnings for Shake Shack are expected to decrease by -1,266.67% in the coming year, from ($0.03) to $0.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Shake Shack is 53.53, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 9.84.Price to Earnings Ratio vs. SectorThe P/E ratio of Shake Shack is 53.53, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 11.70.Price to Earnings Growth RatioShake Shack has a PEG Ratio of 12.03. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioShake Shack has a P/B Ratio of 3.87. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.1Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.41 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Eating & drinking places Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNYSE:SHAK Previous Symbol CUSIPN/A CIK1620533 Webhttp://www.shakeshack.com/ Phone646-747-7200Debt Debt-to-Equity Ratio0.95 Current Ratio0.88 Quick Ratio0.86Price-To-Earnings Trailing P/E Ratio53.53 Forward P/E RatioN/A P/E Growth12.03 Sales & Book Value Annual Sales$594.52 million Price / Sales2.10 Cash Flow$1.83 per share Price / Cash Flow18.14 Book Value$8.57 per share Price / Book3.87Profitability EPS (Most Recent Fiscal Year)$0.72 Net Income$19.83 million Net Margins3.34% Return on Equity9.03% Return on Assets3.01%Miscellaneous Employees7,603 Outstanding Shares37,570,000Market Cap$1.25 billion Next Earnings Date5/7/2020 (Estimated) OptionableOptionable Receive SHAK News and Ratings via Email Sign-up to receive the latest news and ratings for SHAK and its competitors with MarketBeat's FREE daily newsletter. SHAK Rates by TradingView Shake Shack (NYSE:SHAK) Frequently Asked Questions How has Shake Shack's stock been impacted by COVID-19 (Coronavirus)? Shake Shack's stock was trading at $41.50 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SHAK shares have decreased by 20.0% and is now trading at $33.19. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Shake Shack? 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shake Shack in the last year. There are currently 2 sell ratings, 12 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 Thursday, May 7th 2020. View our earnings forecast for Shake Shack. How were Shake Shack's earnings last quarter? Shake Shack Inc (NYSE:SHAK) announced its quarterly earnings data on Monday, February, 24th. The company reported $0.06 EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.01) by $0.07. The business had revenue of $151.44 million for the quarter, compared to the consensus estimate of $153.05 million. Shake Shack had a net margin of 3.34% and a return on equity of 9.03%. The company's quarterly revenue was up 21.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.06 EPS. View Shake Shack's earnings history. What guidance has Shake Shack issued on next quarter's earnings? Shake Shack updated its FY 2020 After-Hours earnings guidance on Monday, February, 24th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $712-720 million, compared to the consensus revenue estimate of $737.1 million. What price target have analysts set for SHAK? 18 brokers have issued twelve-month price objectives for Shake Shack's shares. Their forecasts range from $40.00 to $97.00. On average, they expect Shake Shack's share price to reach $59.12 in the next twelve months. This suggests a possible upside of 78.1% from the stock's current price. View analysts' price targets 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. " (2/7/2020) 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 coverage about SHAK stock has been trending very negative on Sunday, InfoTrie reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Shake Shack earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news coverage 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 stock's share price in the near future. View the latest news aboutShake Shack. Are investors shorting Shake Shack? Shake Shack saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 8,891,700 shares, an increase of 31.3% from the February 27th total of 6,770,000 shares. Based on an average trading volume of 1,920,000 shares, the days-to-cover ratio is currently 4.6 days. Approximately 30.0% of the company's stock are sold short. View Shake Shack's Current Options Chain. Who are some of Shake Shack's key competitors? Some companies that are related to Shake Shack include Dunkin Brands Group (DNKN), GREENE KING PLC/S (GKNGY), Wendys (WEN), Cannae (CNNE), J D Wetherspoon (JDWPY), Empire Resorts (NYNY), Muscle Maker (GRIL), Simplicity Esports and Gaming (WINR), Giggles N Hugs (GIGL) and iPic Entertainment (IPICQ). 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 Alibaba Group (BABA), NVIDIA (NVDA), Netflix (NFLX), Tesla (TSLA), Micron Technology (MU), Starbucks (SBUX), Walt Disney (DIS), Gilead Sciences (GILD), Paypal (PYPL) and Boeing (BA). 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 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." 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 $33.19. How big of a company is Shake Shack? Shake Shack has a market capitalization of $1.25 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. 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] This page was last updated on 4/5/2020 by MarketBeat.com StaffFeatured Article: 52-Week High/Low Prices For Stock Selection
