Shake Shack Inc. (SHAK)

NYSE: SHAK · Real-Time Price · USD
119.27
+0.18 (0.15%)
At close: Nov 20, 2024, 4:00 PM
120.91
+1.64 (1.38%)
Pre-market: Nov 21, 2024, 7:19 AM EST
0.15%
Market Cap 5.07B
Revenue (ttm) 1.21B
Net Income (ttm) 8.72M
Shares Out 42.48M
EPS (ttm) 0.20
PE Ratio 601.92
Forward PE 116.89
Dividend n/a
Ex-Dividend Date n/a
Volume 533,090
Open 119.00
Previous Close 119.09
Day's Range 117.50 - 119.41
52-Week Range 59.92 - 134.90
Beta 1.82
Analysts Buy
Price Target 114.29 (-4.18%)
Earnings Date Oct 30, 2024

About SHAK

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. [Read more]

Industry Restaurants
IPO Date Jan 30, 2015
Employees 12,196
Stock Exchange NYSE
Ticker Symbol SHAK
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for SHAK stock is "Buy." The 12-month stock price forecast is $114.29, which is a decrease of -4.18% from the latest price.

Price Target
$114.29
(-4.18% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Shake Shack: Proving Premium Is 'Worth It' In Fast Food's Exodus

Fast-casual chains like Shake Shack are outperforming traditional QSRs, driven by superior value perception and strategic pricing despite QSRs' value promotions. Shake Shack's Q3 results show strong c...

2 days ago - Seeking Alpha

Shake Shack to Participate in Upcoming Investor Conferences

NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), today announced that Rob Lynch, Chief Executive Officer, and Katherine Fogertey, Chief Financial Officer, wil...

8 days ago - Business Wire

Shake Shack: Operational Excellence Is Shining Through

Shake Shack's stock has surged over 60% YTD, driven by new locations, increased customer traffic, and improved operating margins despite price hikes. Shares have continued to rally after a strong Q3 e...

16 days ago - Seeking Alpha

Shake Shack CEO talks earnings, pricing, and menu

Fast-casual restaurant Shake Shack (SHAK) reported same-store sales to have grown by 4.4% in its third quarter. The burger chain also topped Wall Street estimates for the quarter.

20 days ago - Yahoo Finance

Shake Shack CEO Rob Lynch goes one-on-one with Jim Cramer

Shake Shack CEO Rob Lynch joins 'Mad Money' host Jim Cramer to talk quarterly results, consumer trends, strategic priorities and more.

21 days ago - CNBC Television

My goal is to bring Shake Shack to the world, says CEO Rob Lynch

Shake Shack CEO Rob Lynch joins 'Mad Money' host Jim Cramer to talk quarterly results, consumer trends, strategic priorities and more.

21 days ago - CNBC Television

Shake Shack CEO talks expansion goals as shares climb after earnings beat: 'Now's our opportunity'

Shake Shack CEO Rob Lynch talked plans to expand across the country and internationally, suggesting the burger chain fits into a "fine casual" dining niche not occupied by many in the industry. Nearin...

21 days ago - CNBC

Shake Shack Inc. (SHAK) Q3 2024 Earnings Call Transcript

Shake Shack Inc. (NYSE:SHAK) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Michael Oriolo - Vice President, FP&A & Investor Relations Rob Lynch - Chief Executive O...

21 days ago - Seeking Alpha

Shake Shack Announces Third Quarter 2024 Financial Results

NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) has posted its results for the third quarter of 2024 in a Shareholder Letter in the Quarterly Results section ...

22 days ago - Business Wire

Barclays: Look at these restaurant stocks ahead of earnings

Jeffrey Bernstein, Barclays analyst, joins 'Money Movers' to discuss which types of restaurants are stabilizing the best, if traffic is the answer to restaurant woes, and much more.

Other symbols: CAVAMCD
4 weeks ago - CNBC Television

Shake Shack: Surfing The Wave Of Fast-Food Inflation

Shake Shack's strong performance is driven by its successful value proposition, premium pricing, and consistent comparable sales growth, outperforming QSRs and other fast-casual chains. The company le...

5 weeks ago - Seeking Alpha

Calls of the Day: Shake Shack, Chipotle and Netflix

The Investment Committee debate the latest Calls Of The Day.

Other symbols: CMGNFLX
5 weeks ago - CNBC Television

Shake Shack founder Danny Meyer on restaurant demand trends

Shake Shack founder Danny Meyer discusses overall restaurant demand and why earlier dinner reservations are doing better.

6 weeks ago - CNBC Television

Restaurant demand is 'better than ever', says Shake Shack founder Danny Meyer

Rob Lynch, Shake Shack CEO, and Danny Meyer, Union Square Hospitality Group founder, join 'Money Movers' to discuss overall restaurant demand, why earlier reservations are doing better, and much more.

6 weeks ago - CNBC Television

Shake Shack to Announce Third Quarter 2024 Financial Results on October 30, 2024

NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), will release third quarter 2024 financial results on October 30, 2024, before the market opens. In conjunctio...

7 weeks ago - Business Wire

Battered Restaurant Stocks Shop for Fresh Ideas From New CEOs

The year has seen more restaurant and fast-food chain CEO turnover than the previous three years combined. The reason: Inflation-wracked customers are eating out less frequently and making new demands...

Other symbols: LOCOWEN
7 weeks ago - Barrons

Shake Shack CEO Rob Lynch joins CNBC for first interview since assuming role

Rob Lynch, Shake Shack CEO, joins 'Closing Bell Overtime' to talk entering the CEO position, its store format, its labor model and more.

2 months ago - CNBC Television

Shake Shack to Participate in September Investor Conferences

NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), today announced that Rob Lynch, Chief Executive Officer, and Katherine Fogertey, Chief Financial Officer, wil...

3 months ago - Business Wire

Shake Shack to shut 6 California locations, including 5 in LA, after state's $20 minimum wage hike

It is the first time the burger-and-shake chain will close stores for non-construction-related reasons.

3 months ago - New York Post

Shake Shack is closing 9 underperforming locations. Here's the full list of impacted cities

Fast-casual burger chain Shake Shack said yesterday that it will close nine of its company-owned restaurants in California, Ohio, and Texas. This decision follows a recent evaluation that identified t...

3 months ago - Fast Company

Shake Shack: Set To Thrive Under New Leadership

Shake Shack has risen more than 40% year to date, but there's further upside ahead. Initiating the stock with a buy rating. The company has continued to drive accelerating same-store sales growth, as ...

3 months ago - Seeking Alpha

Calls of the Day: Ferrari, Snowflake, Lululemon, Mastercard, Sweetgreen, Shake Shack and Live Nation

The Investment Committee discuss the latest Calls of the Day.

Other symbols: LULULYVMARACESGSNOW
3 months ago - CNBC Television

A Morning of Downgrades, Weak Guidance & Retiring CEOs

Analysts waved yellow flags before markets opened muted on Monday. Crowdstrike (CRWD), Shake Shack (SHAK), and Dutch Bros (BROS) all received downgrades or price cuts.

Other symbols: BROSCRWD
3 months ago - Schwab Network

Liquidia, Shake Shack And Other Big Stocks Moving Lower In Monday's Pre-Market Session

U.S. stock futures were slightly higher this morning, with the S&P 500 futures gaining around 0.1% on Monday.

Other symbols: LQDA
3 months ago - Benzinga

Shake Shack: A Solid Performance Outlook For The Business

SHAK is expected to grow at a mid-teen percentage level for the next two years. Strong 2Q24 performance with 16% revenue growth and expanding margins. Marketing initiatives and drive-through improveme...

3 months ago - Seeking Alpha