Shake Shack (SHAK) Projected to Post Quarterly Earnings on Thursday

Shake Shack (NYSE:SHAK - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.16 per share and revenue of $330.24 million for the quarter. Shake Shack has set its Q1 2025 guidance at EPS.

Shake Shack (NYSE:SHAK - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.26 earnings per share for the quarter, beating analysts' consensus estimates of $0.25 by $0.01. Shake Shack had a net margin of 0.81% and a return on equity of 8.40%. The business had revenue of $328.68 million during the quarter, compared to analyst estimates of $329.02 million. On average, analysts expect Shake Shack to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shake Shack Stock Up 3.4 %

Shares of NYSE SHAK opened at $88.22 on Thursday. The firm has a market cap of $3.75 billion, a P/E ratio of 383.57 and a beta of 1.80. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.98 and a current ratio of 1.97. Shake Shack has a 1 year low of $72.93 and a 1 year high of $139.89. The firm's 50 day moving average price is $92.58 and its 200 day moving average price is $112.21.

Analyst Ratings Changes

A number of brokerages have recently commented on SHAK. Wells Fargo & Company initiated coverage on Shake Shack in a research report on Wednesday, March 26th. They issued an "equal weight" rating and a $95.00 price objective for the company. TD Securities restated a "buy" rating and issued a $140.00 price target on shares of Shake Shack in a report on Friday, February 21st. Truist Financial cut their price objective on shares of Shake Shack from $154.00 to $131.00 and set a "buy" rating on the stock in a report on Tuesday. Loop Capital upgraded shares of Shake Shack from a "hold" rating to a "buy" rating and set a $127.00 target price for the company in a report on Tuesday, April 1st. Finally, JPMorgan Chase & Co. cut their price target on shares of Shake Shack from $107.00 to $105.00 and set an "underweight" rating on the stock in a research note on Thursday, March 20th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $118.29.

About Shake Shack

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.

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