NYSE:SHAK

Shake Shack (SHAK) Stock Price, News & Analysis

$107.48
+2.54 (+2.42%)
(As of 05/3/2024 ET)
Today's Range
$106.96
$109.48
50-Day Range
$94.39
$109.27
52-Week Range
$52.79
$110.90
Volume
998,226 shs
Average Volume
746,591 shs
Market Capitalization
$4.55 billion
P/E Ratio
195.42
Dividend Yield
N/A
Price Target
$96.33

Shake Shack MarketRank™ Stock Analysis

Analyst Rating
Hold
2.35 Rating Score
Upside/​Downside
10.4% Downside
$96.33 Price Target
Short Interest
Bearish
9.71% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.23
Upright™ Environmental Score
News Sentiment
0.35mentions of Shake Shack in the last 14 days
Based on 46 Articles This Week
Insider Trading
Selling Shares
$10.19 M Sold Last Quarter
Proj. Earnings Growth
40.85%
From $0.71 to $1.00 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.47 out of 5 stars

Retail/Wholesale Sector

561st out of 1,196 stocks

Eating & Drinking Places Industry

25th out of 36 stocks

SHAK stock logo

About Shake Shack Stock (NYSE:SHAK)

Shake 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.

SHAK Stock Price History

SHAK Stock News Headlines

MarketBeat Week in Review – 4/29 - 5/3 (SHAK)
Apple, Amgen, and a weak jobs report helped move the market higher as investors temporarily looked past the possibility of no interest rate cuts in 2024
Banks Were Right in Boosting Shake Shack Stock Before Earnings
After announcing results for the first quarter of 2024, arguably the most essential release of the year as it sets the tone for any stock, shares of Shake Shack Inc. NYSE: SHAK moved higher by as much as 3.8% in the first hours of the trading session. Investors have much to digest in the company's release, though one trend remains steady.
The asset beating inflation by 4x
"Trump Loophole" Beats Inflation? Inflation has been out of control for years. Forcing you to work longer and harder for more money that is worth less. By using the "Trump Loophole", you can use a special retirement account to buy gold — and other precious metals — without taxes or penalties.
Banks Were Right in Boosting Shake Shack Stock Before Earnings
Shares of Shake Shack rose by 3.8% after the company's first-quarter earnings, beating an inflation-choked economy during the year.
Shake Shack (NYSE:SHAK) Rating Reiterated by TD Cowen
Shake Shack swings to profit in Q1 2024
The asset beating inflation by 4x
"Trump Loophole" Beats Inflation? Inflation has been out of control for years. Forcing you to work longer and harder for more money that is worth less. By using the "Trump Loophole", you can use a special retirement account to buy gold — and other precious metals — without taxes or penalties.
Here’s Why Shake Shack (SHAK) Rose in Q1
Shake Shack: Q1 Earnings Snapshot
Here's what to expect from Shake Shack's earnings
Shake Shack Earnings: What To Look For From SHAK
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
5/04/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Eating & drinking places
Sub-Industry
N/A
Fax
N/A
Employees
12,196
Year Founded
2004

Price Target and Rating

Average Stock Price Target
$96.33
High Stock Price Target
$125.00
Low Stock Price Target
$60.00
Potential Upside/Downside
-17.5%
Consensus Rating
Hold
Rating Score (0-4)
2.35
Research Coverage
17 Analysts

Profitability

Net Income
$20.26 million
Pretax Margin
1.56%

Debt

Sales & Book Value

Annual Sales
$1.09 billion
Cash Flow
$2.71 per share
Book Value
$11.09 per share

Miscellaneous

Free Float
38,053,000
Market Cap
$4.55 billion
Optionable
Optionable
Beta
1.78

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SHAK Stock Analysis - Frequently Asked Questions

Should I buy or sell Shake Shack stock right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Shake Shack in the last twelve months. There are currently 1 sell rating, 10 hold ratings, 5 buy ratings and 1 strong buy rating 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 target for 2024?

17 Wall Street research analysts have issued 1-year target prices for Shake Shack's shares. Their SHAK share price targets range from $60.00 to $125.00. On average, they anticipate the company's share price to reach $96.33 in the next twelve months. This suggests that the stock has a possible downside of 10.4%.
View analysts price targets for SHAK
or view top-rated stocks among Wall Street analysts.

How have SHAK shares performed in 2024?

Shake Shack's stock was trading at $74.12 at the beginning of the year. Since then, SHAK stock has increased by 45.0% and is now trading at $107.48.
View the best growth stocks for 2024 here
.

When is Shake Shack's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our SHAK earnings forecast
.

How were Shake Shack's earnings last quarter?

Shake Shack Inc. (NYSE:SHAK) posted its earnings results on Thursday, May, 2nd. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.03. The company earned $290.50 million during the quarter, compared to the consensus estimate of $291 million. Shake Shack had a trailing twelve-month return on equity of 3.67% and a net margin of 1.82%. The business's revenue was up 14.7% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.01) earnings per share.

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

Shake Shack updated its second quarter 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $308.9 million-$314.3 million, compared to the consensus revenue estimate of $313.2 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?

Shake Shack (SHAK) raised $75 million in an initial public offering 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 many different institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (0.97%), Principal Financial Group Inc. (0.61%), Jennison Associates LLC (0.37%), Raymond James & Associates (0.26%), Raymond James Financial Services Advisors Inc. (0.13%) and BNP Paribas Financial Markets (0.10%). Insiders that own company stock include Daniel Harris Meyer, Jeffrey Flug, Jenna Lyons 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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.
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This page (NYSE:SHAK) was last updated on 5/4/2024 by MarketBeat.com Staff

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