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NYSE:SHAK

Shake Shack (SHAK) Stock Price, News & Analysis

$93.35
-2.78 (-2.89%)
(As of 09/6/2024 ET)
Today's Range
$92.66
$97.15
50-Day Range
$78.85
$109.49
52-Week Range
$52.79
$111.29
Volume
746,515 shs
Average Volume
816,467 shs
Market Capitalization
$3.96 billion
P/E Ratio
169.73
Dividend Yield
N/A
Price Target
$106.37

Shake Shack MarketRank™ Stock Analysis

Analyst Rating
Hold
2.42 Rating Score
Upside/​Downside
13.9% Upside
$106.37 Price Target
Short Interest
Bearish
10.50% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.23
Upright™ Environmental Score
News Sentiment
-0.01mentions of Shake Shack in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$1.31 M Sold Last Quarter
Proj. Earnings Growth
46.58%
From $0.73 to $1.07 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.

3.68 out of 5 stars

Retail/Wholesale Sector

78th out of 194 stocks

Eating & Drinking Places Industry

3rd out of 6 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

China Stockpiling Gold “Like No Tomorrow”
For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… .
Serve Robotics Delivery. On Delivery Food to Customer
Serve Robotics Is Serving Up a Selling Opportunity (SHAK)
Serve Robotics had a decent quarter, but strength is not expected to last; mounting losses and the threat of dilution are expected to last.
China Stockpiling Gold “Like No Tomorrow”
For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… .
Buy These 3 Classic Fast Food Stocks Before Its Too Late
Shake Shack to close one Ohio location
See More Headlines
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Company Calendar

Last Earnings
8/01/2024
Today
9/07/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$106.37
High Stock Price Target
$127.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+13.9%
Consensus Rating
Hold
Rating Score (0-4)
2.42
Research Coverage
19 Analysts

Profitability

Net Income
$20.26 million
Pretax Margin
2.26%

Debt

Sales & Book Value

Annual Sales
$1.09 billion
Cash Flow
$2.45 per share
Book Value
$11.45 per share

Miscellaneous

Free Float
38,192,000
Market Cap
$3.96 billion
Optionable
Optionable
Beta
1.83

Social Links

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Key Executives


SHAK Stock Analysis - Frequently Asked Questions

How have SHAK shares performed this year?

Shake Shack's stock was trading at $74.12 at the beginning of 2024. Since then, SHAK stock has increased by 25.9% and is now trading at $93.35.
View the best growth stocks for 2024 here
.

How were Shake Shack's earnings last quarter?

Shake Shack Inc. (NYSE:SHAK) issued its quarterly earnings data on Thursday, August, 1st. The company reported $0.27 earnings per share for the quarter, meeting analysts' consensus estimates of $0.27. Shake Shack's revenue for the quarter was up 16.4% compared to the same quarter last year.

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.

Does Shake Shack have any subsidiaries?

Shake Shack subsidiaries include these companies: 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, Shake Shack Texas Management Company LLC, SSE Holdings LLC, and SSE IP LLC.

When did Shake Shack IPO?

Shake Shack (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 top institutional shareholders include Dimensional Fund Advisors LP (1.89%), Van Berkom & Associates Inc. (1.72%), Armistice Capital LLC (1.37%) and Marshall Wace LLP (1.28%). Insiders that own company stock include Daniel Harris Meyer, Zach Koff, Katherine Irene Fogertey and Jeffrey Flug.
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.

What other stocks do shareholders of Shake Shack own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Shake Shack investors own include NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), Walt Disney (DIS), Tesla (TSLA), Micron Technology (MU) and Starbucks (SBUX).

This page (NYSE:SHAK) was last updated on 9/7/2024 by MarketBeat.com Staff

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