Shake Shack, Inc. (NYSE:SHAK) Receives Average Recommendation of “Hold” from Analysts

Shake Shack, Inc. (NYSE:SHAK) has been assigned a consensus rating of “Hold” from the twenty-one research firms that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell rating, twelve have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $132.4211.

Several equities research analysts recently commented on the company. Sanford C. Bernstein set a $166.00 target price on Shake Shack and gave the stock an “overweight” rating in a research note on Thursday, June 26th. The Goldman Sachs Group decreased their target price on Shake Shack from $160.00 to $137.00 and set a “buy” rating for the company in a research note on Tuesday. Oppenheimer reaffirmed an “outperform” rating and set a $160.00 target price (up previously from $125.00) on shares of Shake Shack in a research note on Thursday, June 26th. Wells Fargo & Company increased their price target on Shake Shack from $115.00 to $125.00 and gave the stock an “equal weight” rating in a report on Thursday, July 17th. Finally, Loop Capital reiterated a “hold” rating and issued a $127.00 price target on shares of Shake Shack in a report on Tuesday, July 8th.

Insider Transactions at Shake Shack

In other Shake Shack news, CFO Katherine Irene Fogertey sold 2,023 shares of the stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of $141.28, for a total value of $285,809.44. Following the transaction, the chief financial officer owned 33,165 shares in the company, valued at approximately $4,685,551.20. This represents a 5.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 8.50% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in SHAK. Orion Porfolio Solutions LLC bought a new position in shares of Shake Shack in the second quarter valued at approximately $263,000. Thrivent Financial for Lutherans lifted its holdings in shares of Shake Shack by 0.6% in the second quarter. Thrivent Financial for Lutherans now owns 29,576 shares of the company’s stock valued at $4,158,000 after purchasing an additional 175 shares in the last quarter. Hudson Bay Capital Management LP bought a new position in shares of Shake Shack in the second quarter valued at approximately $3,836,000. Public Sector Pension Investment Board lifted its holdings in shares of Shake Shack by 8.0% in the second quarter. Public Sector Pension Investment Board now owns 137,109 shares of the company’s stock valued at $19,278,000 after purchasing an additional 10,169 shares in the last quarter. Finally, Evergreen Capital Management LLC lifted its holdings in shares of Shake Shack by 9.7% in the second quarter. Evergreen Capital Management LLC now owns 3,265 shares of the company’s stock valued at $459,000 after purchasing an additional 290 shares in the last quarter. Institutional investors own 86.07% of the company’s stock.

Shake Shack Trading Down 1.2%

NYSE SHAK opened at $93.48 on Friday. The business has a 50 day simple moving average of $107.68 and a 200 day simple moving average of $110.04. Shake Shack has a one year low of $72.93 and a one year high of $144.65. The stock has a market capitalization of $3.99 billion, a P/E ratio of 203.22, a P/E/G ratio of 2.16 and a beta of 1.68. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.92 and a quick ratio of 1.89.

Shake Shack (NYSE:SHAK) last released its earnings results on Thursday, July 31st. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.37 by $0.07. Shake Shack had a return on equity of 9.78% and a net margin of 1.50%.The business had revenue of $356.47 million during the quarter, compared to analysts’ expectations of $352.56 million. During the same quarter last year, the firm posted $0.27 earnings per share. The firm’s revenue was up 12.6% on a year-over-year basis. Shake Shack has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts expect that Shake Shack will post 1.26 earnings per share for the current year.

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.