Shake Shack FY2026 EPS Forecast Boosted by Zacks Research

Shake Shack Inc. (NYSE:SHAK - Free Report) - Analysts at Zacks Research boosted their FY2026 earnings per share (EPS) estimates for shares of Shake Shack in a research report issued on Tuesday, December 10th. Zacks Research analyst H. Ray now forecasts that the company will post earnings of $1.38 per share for the year, up from their previous estimate of $1.33. The consensus estimate for Shake Shack's current full-year earnings is $0.82 per share.

Shake Shack (NYSE:SHAK - Get Free Report) last issued its earnings results on Wednesday, October 30th. The company reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.05. Shake Shack had a return on equity of 6.28% and a net margin of 0.68%. The firm had revenue of $316.92 million for the quarter, compared to analyst estimates of $316.03 million. During the same quarter in the prior year, the firm earned $0.17 earnings per share. Shake Shack's revenue for the quarter was up 14.7% on a year-over-year basis.

Other equities research analysts have also issued reports about the stock. Oppenheimer upped their price target on shares of Shake Shack from $122.00 to $135.00 and gave the company an "outperform" rating in a report on Monday, October 28th. TD Cowen reissued a "buy" rating and set a $125.00 target price on shares of Shake Shack in a research note on Wednesday, September 18th. JPMorgan Chase & Co. reaffirmed an "underweight" rating and issued a $102.00 price target (down previously from $105.00) on shares of Shake Shack in a report on Tuesday, September 24th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a $115.00 target price on shares of Shake Shack in a research report on Wednesday, August 28th. Finally, Truist Financial increased their price objective on shares of Shake Shack from $127.00 to $144.00 and gave the company a "buy" rating in a report on Friday, November 1st. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Shake Shack currently has a consensus rating of "Hold" and a consensus price target of $112.94.

Shake Shack Stock Performance

Shares of NYSE:SHAK traded down $3.33 during midday trading on Thursday, reaching $134.84. The company's stock had a trading volume of 449,872 shares, compared to its average volume of 928,349. The company has a quick ratio of 1.98, a current ratio of 2.01 and a debt-to-equity ratio of 0.51. The stock has a fifty day moving average of $121.37 and a 200 day moving average of $104.37. Shake Shack has a twelve month low of $64.16 and a twelve month high of $139.89. The firm has a market capitalization of $5.73 billion, a PE ratio of 812.59, a P/E/G ratio of 2.98 and a beta of 1.85.

Insider Buying and Selling

In other news, Director Daniel Harris Meyer sold 30,000 shares of the company's stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $121.79, for a total value of $3,653,700.00. Following the transaction, the director now directly owns 407,646 shares in the company, valued at approximately $49,647,206.34. This represents a 6.85 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Katherine Irene Fogertey sold 321 shares of Shake Shack stock in a transaction that occurred on Wednesday, October 2nd. The shares were sold at an average price of $103.93, for a total transaction of $33,361.53. Following the completion of the sale, the chief financial officer now owns 36,180 shares of the company's stock, valued at $3,760,187.40. This trade represents a 0.88 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 63,112 shares of company stock worth $7,623,215. Insiders own 9.73% of the company's stock.

Hedge Funds Weigh In On Shake Shack

Several hedge funds have recently bought and sold shares of the company. State Street Corp lifted its holdings in Shake Shack by 3.5% during the 3rd quarter. State Street Corp now owns 1,452,736 shares of the company's stock worth $149,937,000 after buying an additional 49,324 shares in the last quarter. Holocene Advisors LP grew its position in shares of Shake Shack by 68.3% during the third quarter. Holocene Advisors LP now owns 946,350 shares of the company's stock worth $97,673,000 after buying an additional 384,131 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Shake Shack by 3.1% during the third quarter. Geode Capital Management LLC now owns 876,380 shares of the company's stock worth $90,470,000 after buying an additional 26,620 shares during the period. Dimensional Fund Advisors LP raised its holdings in Shake Shack by 9.0% in the second quarter. Dimensional Fund Advisors LP now owns 801,003 shares of the company's stock valued at $72,088,000 after acquiring an additional 66,090 shares in the last quarter. Finally, Point72 Asset Management L.P. lifted its stake in Shake Shack by 154.8% in the third quarter. Point72 Asset Management L.P. now owns 650,685 shares of the company's stock worth $67,157,000 after acquiring an additional 395,311 shares during the last quarter. Institutional investors and hedge funds own 86.07% of the company's stock.

Shake Shack Company Profile

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.