NYSE:SHAK Shake Shack (SHAK) Stock Price, News & Analysis → Biden Nomination CANCELED? (From The Freeport Society) (Ad) Free SHAK Stock Alerts $90.85 -1.08 (-1.17%) (As of 06/11/2024 ET) Add Compare Share Share Today's Range$90.24▼$91.4350-Day Range$90.85▼$107.4852-Week Range$52.79▼$111.29Volume682,281 shsAverage Volume901,820 shsMarket Capitalization$3.84 billionP/E Ratio165.18Dividend YieldN/APrice Target$98.53 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Shake Shack alerts: Email Address Shake Shack MarketRank™ Stock AnalysisAnalyst RatingHold2.38 Rating ScoreUpside/Downside8.5% Upside$98.53 Price TargetShort InterestHealthy9.64% of Float Sold ShortDividend StrengthN/ASustainability-2.23Upright™ Environmental ScoreNews Sentiment0.45Based on 10 Articles This WeekInsider TradingSelling Shares$31,315 Sold Last QuarterProj. Earnings Growth39.19%From $0.74 to $1.03 Per ShareSee Full Details Hide Full Details 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.3.15 out of 5 starsRetail/Wholesale Sector103rd out of 188 stocksEating & Drinking Places Industry4th out of 6 stocks 2.2 Analyst's Opinion Consensus RatingShake Shack has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 5 buy ratings, 9 hold ratings, and 1 sell rating.Amount of Analyst CoverageShake Shack has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Shake Shack's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted9.64% 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 4.4.Change versus previous monthShort interest in Shake Shack has recently decreased by 6.68%, indicating that investor sentiment is improving 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 1.9 News and Social Media Coverage News SentimentShake Shack has a news sentiment score of 0.45. 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 0.76 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Shake Shack this week, compared to 13 articles on an average week.Search Interest17 people have searched for SHAK on MarketBeat in the last 30 days. This is an increase of 143% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Shake Shack to their MarketBeat watchlist in the last 30 days. This is a decrease of -55% compared to the previous 30 days. Previous Next 2.5 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 $31,315.00 in company stock.Percentage Held by InsidersOnly 9.73% of the stock of Shake Shack is held by insiders.Percentage Held by Institutions86.07% of the stock of Shake Shack is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Shake Shack's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Shake Shack are expected to grow by 39.19% in the coming year, from $0.74 to $1.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Shake Shack is 165.18, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 140.21.Price to Earnings Ratio vs. SectorThe P/E ratio of Shake Shack is 165.18, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 25.09.Price to Earnings Growth RatioShake Shack has a PEG Ratio of 3.64. 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 8.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Shake Shack's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsNvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.Find out details on these three critical Nvidia partners immediately. 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.Read More SHAK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SHAK Stock News HeadlinesJune 10 at 7:25 AM | marketbeat.com3 Sector Stars Lead Growth: Foot Locker, Shake Shack, Hims & HersOne of the market's most closely watched economic reports made a sudden turn last week. The employment situation report (NFP) showed that the U.S. economy is still resiliently adding jobs despite seeing some contradicting indicators placing a ceiling on its growth.June 10 at 7:25 AM | marketbeat.com3 Sector Stars Lead Growth: Foot Locker, Shake Shack, Hims & Hers (SHAK)These three stocks are looking to get a chunk of the total added jobs in the economy, meaning that analyst double-digit upside and growth projections are realJune 11 at 3:44 AM | americanbankingnews.comBrokerages Set Shake Shack Inc. (NYSE:SHAK) PT at $98.53June 7, 2024 | americanbankingnews.comShake Shack (NYSE:SHAK) Stock Rating Reaffirmed by TD CowenJune 5, 2024 | americanbankingnews.comShake Shack (NYSE:SHAK) PT Raised to $105.00May 28, 2024 | msn.comRI’s 3rd Shake Shack coming to WarwickMay 28, 2024 | msn.comShake Shack to open new restaurant in WarwickMay 26, 2024 | finance.yahoo.comInvesting in Shake Shack (NYSE:SHAK) five years ago would have delivered you a 59% gainMay 23, 2024 | businesswire.comShake Shack to Participate in June Investor ConferencesMay 21, 2024 | msn.comShake Shack Brings The Heat with Their Summer BBQ Menu!May 21, 2024 | investorplace.com3 Restaurant Stocks to Buy Now: May 2024May 21, 2024 | msn.comShake Shack kicks off summer with a smoky BBQ menuMay 21, 2024 | msn.comShake Shack Has 2 New Burgers Coming to MenusMay 20, 2024 | msn.comNew Shake Shack Coming To Ridge Hill In YonkersMay 20, 2024 | msn.comShake Shack opens first Pittsburgh locationMay 20, 2024 | bizjournals.comPittsburgh native Rob Lynch becomes CEO of Shake Shack on same day chain opens first Pittsburgh-area restaurantMay 17, 2024 | msn.comShake Shack to open its fourth location in Westchester. Find out whereMay 17, 2024 | msn.comPittsburgh's First Shake Shack Poised For Grand OpeningMay 16, 2024 | msn.comSizzling Hot News: New Shake Shack Is Coming To Ridge HillMay 16, 2024 | msn.comMonmouth Park breaks ground on new sportsbook that will include a Shake ShackMay 16, 2024 | investorplace.com3 Sizzling Restaurant Stocks to Buy as Margins ExpandMay 16, 2024 | msn.comMonmouth Park breaks ground on new sportsbook that will includes a Shake ShackMay 15, 2024 | msn.comEngaged Capital's Q1 moves: adds Envestnet, trims Shake Shack, othersMay 15, 2024 | bizjournals.comPottery Barn, Shake Shack coming to Wrentham OutletsMay 13, 2024 | msn.comQueens squatter who tried to prove address with Shake Shack receipt indicted for burglary, identity theft: DASee 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 Company Calendar Last Earnings5/02/2024Today6/11/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorRetail/Wholesale Industry Eating & drinking places Sub-IndustryN/A Current SymbolNYSE:SHAK CUSIPN/A CIK1620533 Webwww.shakeshack.com Phone(646) 747-7200FaxN/AEmployees12,196Year Founded2004Price Target and Rating Average Stock Price Target$98.53 High Stock Price Target$125.00 Low Stock Price Target$60.00 Potential Upside/Downside+8.3%Consensus RatingHold Rating Score (0-4)2.38 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)$0.55 Trailing P/E Ratio165.40 Forward P/E Ratio122.93 P/E Growth3.64Net Income$20.26 million Net Margins2.08% Pretax Margin1.82% Return on Equity4.86% Return on Assets1.40% Debt Debt-to-Equity Ratio0.52 Current Ratio2.03 Quick Ratio1.99 Sales & Book Value Annual Sales$1.09 billion Price / Sales3.54 Cash Flow$2.57 per share Price / Cash Flow35.38 Book Value$11.09 per share Price / Book8.20Miscellaneous Outstanding Shares42,310,000Free Float38,192,000Market Cap$3.85 billion OptionableOptionable Beta1.79 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Daniel Harris Meyer (Age 66)Founder & Chairman of the Board of Directors Comp: $18.75kMr. Randall J. Garutti (Age 49)CEO & Director Comp: $1.85MMs. Katherine Irene Fogertey (Age 40)Chief Financial Officer Comp: $794.52kMr. Dave HarrisChief Information OfficerMr. Michael OrioloSenior Director of FP&A and IRMr. Ronald Palmese Jr. (Age 45)Esq., Chief Legal Officer Comp: $340.02kMr. Jay LivingstonChief Marketing OfficerMs. Diane NevilleChief People OfficerMr. Michael KarkPresident of Global LicensingMr. Andrew McCaughanChief Development OfficerMore ExecutivesKey CompetitorsDutch BrosNYSE:BROSWendy'sNASDAQ:WENCannaeNYSE:CNNEPinstripesNYSE:PNSTSadot GroupNASDAQ:SDOTView All CompetitorsInsiders & InstitutionsVirtu Financial LLCBought 6,282 shares on 5/20/2024Ownership: 0.015%Walleye Trading LLCSold 15,400 shares on 5/17/2024Ownership: 0.000%Comerica BankSold 2,572 shares on 5/17/2024Ownership: 0.028%California State Teachers Retirement SystemSold 2,099 shares on 5/16/2024Ownership: 0.089%Silvercrest Asset Management Group LLCBought 4,018 shares on 5/16/2024Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions SHAK Stock Analysis - Frequently Asked Questions Should I buy or sell Shake Shack stock right now? 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shake Shack in the last year. There are currently 1 sell rating, 9 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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? 16 Wall Street research analysts have issued 1 year price objectives for Shake Shack's shares. Their SHAK share price targets range from $60.00 to $125.00. On average, they predict the company's share price to reach $98.53 in the next year. This suggests a possible upside of 8.5% 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 2024? Shake Shack's stock was trading at $74.12 at the start of the year. Since then, SHAK stock has increased by 22.6% and is now trading at $90.85. 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) announced 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 business earned $290.50 million during the quarter, compared to analysts' expectations of $291 million. Shake Shack had a trailing twelve-month return on equity of 4.86% and a net margin of 2.08%. The company's quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter last year, the firm earned ($0.01) EPS. What ETFs hold Shake Shack's stock? ETFs with the largest weight of Shake Shack (NYSE:SHAK) stock in their portfolio include Alger Mid Cap 40 ETF (FRTY), AdvisorShares Restaurant ETF (EATZ), Invesco Food & Beverage ETF (PBJ), Invesco Leisure and Entertainment ETF (PEJ), Alger 35 ETF (ATFV), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), WisdomTree U.S. Growth & Momentum Fund (WGRO) and Goldman Sachs Small Cap Core Equity ETF (GSC). What guidance has Shake Shack issued on next quarter's earnings? Shake Shack issued an update on its second quarter 2024 earnings guidance on Friday, May, 3rd. The company provided 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 (IPO) on Friday, January 30th 2015. The company issued 5,000,000 shares at a price of $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. Who are Shake Shack's major shareholders? Shake Shack's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.39%), 12 West Capital Management LP (4.24%), Champlain Investment Partners LLC (1.69%), Wasatch Advisors LP (0.97%), Principal Financial Group Inc. (0.61%) and Blair William & Co. IL (0.42%). 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.Read More This page (NYSE:SHAK) was last updated on 6/11/2024 by MarketBeat.com Staff From Our PartnersAI's Next Magnificent SevenThe Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years.The Oxford Club | SponsoredTop 5 Tech Stocks to Buy for 2024The next evolution of technology is already upending industries worth $7 Trillion… It's already got the world'...Daily Market Alerts | SponsoredTop 5 AI Stocks to Buy for 2024The electric vehicle boom is accelerating – and fast.Market Moving Trends | SponsoredNo Strings Attached: Get 30 Days of Hedgeye’s Top Stock Picks for FreeOptimize your stock investing strategy with Hedgeye's Investing Ideas, where rigorous fundamental stock analys...Hedgeye | SponsoredThe Only Energy Play You Should Be Looking AtOpen AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has alr...Wealthpin Pro | SponsoredBiden Nomination CANCELED?And I believe when they do take the oath of office, their fingers will be crossed… and America will descend in...The Freeport Society | SponsoredWho are Nvidia’s Silent Partners?Nvidia recently became just the third $2 trillion company. 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