Shake Shack Inc. (NYSE:SHAK - Free Report) - Equities researchers at Zacks Research lowered their Q1 2026 earnings estimates for shares of Shake Shack in a research note issued to investors on Tuesday, December 10th. Zacks Research analyst H. Ray now anticipates that the company will post earnings per share of $0.24 for the quarter, down from their previous forecast of $0.25. The consensus estimate for Shake Shack's current full-year earnings is $0.82 per share.
A number of other analysts also recently issued reports on the company. Barclays raised their target price on Shake Shack from $115.00 to $125.00 and gave the stock an "equal weight" rating in a research report on Thursday, October 31st. Oppenheimer upped their price objective 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. Bank of America lifted their target price on shares of Shake Shack from $104.00 to $116.00 and gave the stock a "neutral" rating in a research note on Monday, August 19th. Piper Sandler lowered shares of Shake Shack from an "overweight" rating to a "neutral" rating and reduced their price objective for the company from $121.00 to $114.00 in a research note on Monday, August 19th. Finally, JPMorgan Chase & Co. reissued an "underweight" rating and set a $102.00 target price (down previously from $105.00) on shares of Shake Shack in a report on Tuesday, September 24th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Shake Shack currently has an average rating of "Hold" and an average target price of $112.94.
View Our Latest Research Report on Shake Shack
NYSE:SHAK opened at $134.84 on Friday. Shake Shack has a 12 month low of $64.16 and a 12 month high of $139.89. The company has a current ratio of 2.01, a quick ratio of 1.98 and a debt-to-equity ratio of 0.51. The firm's 50 day moving average is $121.98 and its 200 day moving average is $104.58. The stock has a market capitalization of $5.73 billion, a PE ratio of 793.18, a price-to-earnings-growth ratio of 2.97 and a beta of 1.85.
Shake Shack (NYSE:SHAK - Get Free Report) last released its earnings results on Wednesday, October 30th. The company reported $0.25 EPS for the quarter, topping analysts' consensus estimates of $0.20 by $0.05. The company had revenue of $316.92 million for the quarter, compared to analysts' expectations of $316.03 million. Shake Shack had a return on equity of 6.28% and a net margin of 0.68%. The business's revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.17 EPS.
In related news, CFO Katherine Irene Fogertey sold 321 shares of the stock in a transaction dated Wednesday, October 2nd. The shares were sold at an average price of $103.93, for a total value of $33,361.53. Following the completion of the transaction, the chief financial officer now directly owns 36,180 shares in the company, valued at $3,760,187.40. This trade represents a 0.88 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Daniel Harris Meyer sold 10,000 shares of the business's stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $110.08, for a total transaction of $1,100,800.00. Following the sale, the director now directly owns 460,337 shares in the company, valued at $50,673,896.96. The trade was a 2.13 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 63,112 shares of company stock valued at $7,623,215 in the last quarter. Insiders own 9.73% of the company's stock.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Hsbc Holdings PLC grew its holdings in shares of Shake Shack by 303.3% during the second quarter. Hsbc Holdings PLC now owns 16,604 shares of the company's stock valued at $1,460,000 after buying an additional 12,487 shares during the last quarter. Fisher Asset Management LLC boosted its stake in Shake Shack by 4.8% during the 3rd quarter. Fisher Asset Management LLC now owns 354,114 shares of the company's stock valued at $36,548,000 after purchasing an additional 16,097 shares during the last quarter. GDS Wealth Management bought a new stake in shares of Shake Shack in the 3rd quarter worth $417,000. Jennison Associates LLC raised its stake in shares of Shake Shack by 10.8% in the third quarter. Jennison Associates LLC now owns 294,111 shares of the company's stock worth $30,355,000 after purchasing an additional 28,661 shares during the last quarter. Finally, Qsemble Capital Management LP bought a new position in shares of Shake Shack during the second quarter valued at $661,000. Institutional investors own 86.07% of the company's stock.
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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