Brokerages Set Shake Shack, Inc. (NYSE:SHAK) PT at $127.84

Shares of Shake Shack, Inc. (NYSE:SHAK) have earned an average recommendation of “Hold” from the twenty-two ratings firms that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, six have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $123.00.

A number of analysts have recently commented on SHAK shares. Wells Fargo & Company cut their price target on Shake Shack from $125.00 to $100.00 and set an “equal weight” rating on the stock in a report on Thursday, October 16th. Oppenheimer restated an “outperform” rating and issued a $160.00 target price (up previously from $125.00) on shares of Shake Shack in a research note on Thursday, June 26th. UBS Group decreased their price target on shares of Shake Shack from $140.00 to $104.00 and set a “neutral” rating for the company in a research note on Thursday. Bank of America reissued an “underperform” rating and issued a $86.00 price objective (down previously from $148.00) on shares of Shake Shack in a research report on Monday, October 6th. Finally, Truist Financial decreased their target price on shares of Shake Shack from $162.00 to $156.00 and set a “buy” rating for the company in a research report on Monday, September 29th.

Shake Shack Stock Performance

SHAK stock opened at $91.51 on Tuesday. Shake Shack has a twelve month low of $72.93 and a twelve month high of $144.65. The company has a quick ratio of 1.89, a current ratio of 1.92 and a debt-to-equity ratio of 0.48. The company has a market cap of $3.91 billion, a P/E ratio of 198.95, a price-to-earnings-growth ratio of 2.21 and a beta of 1.65. The business’s fifty day moving average is $98.17 and its 200-day moving average is $110.29.

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

Institutional Trading of Shake Shack

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. boosted its position in Shake Shack by 157.3% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 5,957 shares of the company’s stock valued at $525,000 after purchasing an additional 3,642 shares during the last quarter. Cooper Investors PTY Ltd. boosted its holdings in shares of Shake Shack by 17,729.9% in the 2nd quarter. Cooper Investors PTY Ltd. now owns 89,506 shares of the company’s stock valued at $12,585,000 after buying an additional 89,004 shares during the last quarter. Bessemer Group Inc. grew its stake in shares of Shake Shack by 60.7% in the first quarter. Bessemer Group Inc. now owns 5,874 shares of the company’s stock valued at $518,000 after buying an additional 2,218 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Shake Shack by 53.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,421 shares of the company’s stock valued at $566,000 after buying an additional 2,229 shares in the last quarter. Finally, GAMMA Investing LLC increased its holdings in Shake Shack by 52.6% during the first quarter. GAMMA Investing LLC now owns 1,123 shares of the company’s stock worth $99,000 after buying an additional 387 shares during the last quarter. Institutional investors and hedge funds own 86.07% of the company’s stock.

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.