Shake Shack Inc. (SHAK)

NYSE: SHAK · IEX Real-Time Price · USD
98.04
+1.01 (1.04%)
At close: Feb 23, 2024, 4:00 PM
97.59
-0.45 (-0.46%)
After-hours: Feb 23, 2024, 7:24 PM EST
1.04%
Market Cap 3.87B
Revenue (ttm) 1.04B
Net Income (ttm) 2.32M
Shares Out 39.47M
EPS (ttm) 0.04
PE Ratio 2,451.00
Forward PE 182.39
Dividend n/a
Ex-Dividend Date n/a
Volume 941,753
Open 97.29
Previous Close 97.03
Day's Range 97.05 - 100.71
52-Week Range 52.01 - 100.71
Beta 1.75
Analysts Buy
Price Target 84.19 (-14.13%)
Earnings Date Feb 15, 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 11,704
Stock Exchange NYSE
Ticker Symbol SHAK
Full Company Profile

Financial Performance

In 2022, Shake Shack's revenue was $900.49 million, an increase of 21.70% compared to the previous year's $739.89 million. Losses were -$24.09 million, 178.3% more than in 2021.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for SHAK stock is "Buy." The 12-month stock price forecast is $84.19, which is a decrease of -14.13% from the latest price.

Price Target
$84.19
(-14.13% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Final Trades: Shake Shake, Fortinet, BlackRock and JEPQ

Today's “Halftime Report” Investment Committee, Bryn Talkington, Stephanie Link, Jim Lebenthal and Josh Brown give their top picks to watch for the second half.

Other symbols: FTNTBLKJEPQ
3 days ago - CNBC Television

Best restaurant stocks to buy now

Sinking your teeth into a juicy burger from your favorite fast-food chain is comfort food at its finest. But as an investor, capitalizing on a flourishing restaurant empire may prove even more delicio...

Other symbols: CAKECMGDRIMCDYUM
6 days ago - MarketBeat

Shake Shack Stock Jumps 26% on Strong Earnings, Outlook

Shake Shack Inc.'s (SHAK) shares skyrocketed Thursday as the burger restaurant chain posted better-than-expected earnings for the fourth quarter and gave a strong outlook on boosted margins and added ...

10 days ago - Investopedia

SHAK Soars, WEN Falls: Best Positioned Fast Food Stocks

Shake Shack (SHAK) soars to 52-week high after an earnings beat. Nick Setyan and Sean Dunlop discuss fast food stocks.

Other symbols: WEN
10 days ago - Schwab Network

Final Trades: Invesco's Equal Weight Energy ETF, Cardinal Health and Shake Shack

Today's “Halftime Report” Investment Committee, Bryn Talkington, Josh Brown and Jason Snipe, give their top picks to watch for the second half.

Other symbols: CAHRSPG
10 days ago - CNBC Television

Chart of the Day: Shake Shack

Josh Brown, CEO at Ritholtz Wealth Management, joins 'Halftime Report' to discuss Shake Shack's earnings beat and the stock surging to a new 52-week high.

10 days ago - CNBC Television

Shack Is Back: Shake Shack's Stock Rallies To 2-Year High

Shake Shack's stock surged Thursday after the burger chain smashed expectations for its quarterly financial results, sending its shares to their priciest level in more than two years.

10 days ago - Forbes

Shake Shack Jumps. Earnings Were Sweet.

The chain reported same-store sales growth of 2.8% in the fourth quarter, beating expectations of 1.6%.

10 days ago - Barrons

Shake Shack stock surges 20% on fourth-quarter profit, strong 2024 outlook

For 2024, Shake Shack expects to grow total revenue by 11% to 15% and open 80 new restaurants.

10 days ago - CNBC

Investors savor Shake Shack stock on fatter-than-expected profit

Shake Shack Inc.'s stock was rallying by more than 20% in premarket trades on Thursday after the burger chain swung to a fourth-quarter profit and beat analyst estimates.

10 days ago - Market Watch

Shake Shack Promotes Michael Kark to Expanded Role of President of Global Licensing

NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) today announced the promotion of Michael Kark to the expanded role of President of Global Licensing, effective...

10 days ago - Business Wire

Shake Shack Announces Fourth Quarter and Fiscal Year 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) has posted its results for the fourth quarter and the fiscal year ended December 27, 2023 in a Shareholder Let...

10 days ago - Business Wire

New Street's Delano Saporu rates Shake Shack a buy, here's why

Delano Saporu, New Street Advisors founder and CEO, joins 'The Exchange' to discuss how to trade Cisco, Occidental Petroleum, and Shake Shack.

11 days ago - CNBC Television

Wendy's vs Shake Shack: Out with the new, in with the old?

This isn't the stock market you got used to seeing during the past three years when the FED's stimulus in response to the negative effects of the COVID-19 pandemic sparked a new wave of investor prefe...

Other symbols: WEN
13 days ago - MarketBeat

Shake Shack to Announce Fourth Quarter 2023 Financial Results on February 15, 2024

NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), will release fourth quarter and fiscal year 2023 financial results on February 15, 2024, before the market op...

4 weeks ago - Business Wire

How to use the FED cuts to your advantage with these 3 stocks

The winds start blowing from East to West, and you sit at a sunny beach shore and find yourself staring at the horizon. In one of those 'a-ha' moments, you realize something right in front of you: blo...

Other symbols: FLTCOM
2 months ago - MarketBeat

Final Trades: Shake Shack, Pfizer, Humana and iShares US Healthcare

The 'Halftime Report' traders give their top picks to watch for.

Other symbols: HUMPFEIYH
2 months ago - CNBC Television

3 Charts For Investors to Watch Tuesday: Coinbase, Shake Shack, SOXX ETF

Here's our daily look at three charts tied to news-driven price moves on Monday, with key technical levels to monitor.

Other symbols: COINSOXX
2 months ago - Investopedia

Shake Shack CEO Randy Garutti to retire in 2024: Here's what's ahead for the company

Danny Meyer, Union Square Hospitality Group founder, and Randy Garutti, Shake Shack CEO, join 'Money Movers' to discuss why Garutti has decided to step down from chief executive and more.

2 months ago - CNBC Television

Shake Shack CEO stepping down in 2024

Shake Shack CEO Randy Garutti will be retiring from his role in 2024. Shake Shack (SHAK) is planning to keep Garutti on as an advisor until the end of 2024 to transition the company's new CEO.

2 months ago - Yahoo Finance

Shake Shack Stock, Up 62% This Year, Jumps as Burger Chain Launches CEO Search

Shares of the upscale burger chain are on pace for their best year on record.

2 months ago - Barrons

Shake Shack launches search for new chief executive

Shake Shake Inc.'s stock SHAK, -1.20% was down by 1% in premarket trading on Monday after it said it's launching a search with consultant Korn Ferry for a new chief executive because Randy Garutti pla...

2 months ago - Market Watch

CEO Randy Garutti to Retire from Shake Shack in 2024

NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) today announced that Randy Garutti, the Company's Chief Executive Officer, has informed the Board that, after ...

2 months ago - Business Wire

Goldman Sachs money manager digs into three themes for long-term growth

Most exchange-traded funds are passively managed — they are designed to mirror the performance of stock indexes and typically have low management fees. They can work out very well for investors, which...

2 months ago - Market Watch

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 the Company will be participating in the following investor conferences: On Tuesday, Nov...

3 months ago - Business Wire