Shake Shack (SHAK) Stock Forecast, Price & News

Shake Shack (NYSE:SHAK) Frequently Asked Questions

Is Shake Shack a buy right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Shake Shack in the last year. There are currently 1 sell rating, 9 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Shake Shack stock. 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 analyst ratings for Shake Shack or view top-rated stocks.

When is Shake Shack's next earnings date?

Shake Shack is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Shake Shack.

How were Shake Shack's earnings last quarter?

Shake Shack Inc. (NYSE:SHAK) posted its quarterly earnings results on Thursday, May, 5th. The company reported ($0.19) EPS for the quarter, beating analysts' consensus estimates of ($0.23) by $0.04. The company had revenue of $203.39 million for the quarter, compared to the consensus estimate of $200.64 million. Shake Shack had a negative net margin of 2.55% and a negative trailing twelve-month return on equity of 2.87%. Shake Shack's quarterly revenue was up 31.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.04 earnings per share.
View Shake Shack's earnings history.

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

Shake Shack issued an update on its second quarter 2022 earnings guidance on Monday, May, 16th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $233.80 million-$239.50 million, compared to the consensus revenue estimate of $242.89 million.

What price target have analysts set for SHAK?

17 brokers have issued 12 month target prices for Shake Shack's stock. Their forecasts range from $67.00 to $109.00. On average, they expect Shake Shack's share price to reach $79.06 in the next year. This suggests a possible upside of 82.2% from the stock's current price.
View analysts' price targets for Shake Shack or view top-rated stocks among Wall Street analysts.

Who are Shake Shack's key executives?

Shake Shack's management team includes the following people:

• Mr. Daniel Harris Meyer, Founder & Chairman (Age 64)
• Mr. Randall J. Garutti, CEO & Director (Age 47, Pay $1.23M)
• Mr. Zachary Koff, Chief Operating Officer (Age 42, Pay $359.34k)
• Ms. Katherine Irene Fogertey, Chief Financial Officer (Age 38)
• Mr. Dave Harris, Chief Information Officer
• Mr. Ronald Palmese Jr., Esq., Sr. VP, Gen. Counsel & Sec. (Age 43)
• Mr. Jay Livingston, Chief Marketing Officer
• Ms. Diane Neville, Chief People Officer
• Mr. Michael Kark, Chief Global Licensing Officer
• Mr. Andrew McCaughan, Chief Devel. Officer

What is Randy Garutti's approval rating as Shake Shack's CEO?

269 employees have rated Shake Shack CEO Randy Garutti on Glassdoor.com. Randy Garutti has an approval rating of 93% among Shake Shack's employees. This puts Randy Garutti in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Shake Shack's key competitors?

Some companies that are related to Shake Shack include Wendy's (WEN), Luckin Coffee (LKNCY), Cannae (CNNE), J D Wetherspoon (JDWPY), Dutch Bros (BROS), Drive Shack (DS), Muscle Maker (GRIL), iPic Entertainment (IPICQ), Simplicity Esports and Gaming (WINR), Baristas Coffee (BCCI), Big Buck Brewery & Steakhouse (BBUCQ), Giggles N' Hugs (GIGL) and iPic Entertainment (IPIC).
View all of SHAK's 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), 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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.68%), Gilder Gagnon Howe & Co. LLC (5.32%), 12 West Capital Management LP (4.23%), State Street Corp (3.01%), Champlain Investment Partners LLC (1.84%) and Van Berkom & Associates Inc. (1.73%). Company insiders that own Shake Shack stock include Daniel Harris Meyer, Jeffrey Flug, Jenna Lyons, Randall J Garutti, Tara Comonte and Zach Koff.
View institutional ownership trends for Shake Shack.

Which institutional investors are selling Shake Shack stock?

SHAK stock was sold by a variety of institutional investors in the last quarter, including Gilder Gagnon Howe & Co. LLC, UBS Group AG, Boundary Creek Advisors LP, Jane Street Group LLC, IMC Chicago LLC, Champlain Investment Partners LLC, PEAK6 Investments LLC, and Cutler Group LP.
View insider buying and selling activity for Shake Shack or view top insider-selling stocks.

Which institutional investors are buying Shake Shack stock?

SHAK stock was purchased by a variety of institutional investors in the last quarter, including EVR Research LP, Landscape Capital Management L.L.C., Walleye Trading LLC, Renaissance Technologies LLC, Pertento Partners LLP, Simplex Trading LLC, Walleye Capital LLC, and Vanguard Group Inc..
View insider buying and selling activity for Shake Shack or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Shake Shack's stock price today?

One share of SHAK stock can currently be purchased for approximately $43.38.

How much money does Shake Shack make?

Shake Shack has a market capitalization of $1.82 billion and generates $739.89 million in revenue each year. The company earns $-8.65 million in net income (profit) each year or ($0.52) on an earnings per share basis.

How many employees does Shake Shack have?

Shake Shack employs 9,695 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].