Shake Shack, Inc. (SHAK)

NYSE: SHAK · IEX Real-Time Price · USD
46.43
+1.35 (2.99%)
At close: Sep 27, 2022 4:00 PM
46.45
+0.02 (0.04%)
After-hours: Sep 27, 2022 4:22 PM EDT
2.99%
Market Cap 1.96B
Revenue (ttm) 831.29M
Net Income (ttm) -23.26M
Shares Out 42.15M
EPS (ttm) -0.51
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 498,475
Open 46.33
Previous Close 45.08
Day's Range 45.11 - 47.21
52-Week Range 37.72 - 100.85
Beta 1.60
Analysts Buy
Price Target 56.84 (+22.4%)
Earnings Date Nov 2, 2022

About SHAK

Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States and internationally. Its Shacks offers hamburgers, hot dogs, chicken, crinkle cut fries, shakes, frozen custard, beer, wine, and other products. As of December 29, 2021, it operated 369 Shacks, including 218 domestic company-operated Shacks, 25 domestic licensed Shacks, and 126 international licensed Shacks. Shake Shack Inc. was founded in 2001 and is headquartered in New York, New York. [Read more...]

Industry Hotels, Restaurants & Leisure
IPO Date Jan 30, 2015
CEO Randall Garutti
Employees 9,695
Stock Exchange NYSE
Ticker Symbol SHAK
Full Company Profile

Financial Performance

In 2021, Shake Shack's revenue was $739.89 million, an increase of 41.51% compared to the previous year's $522.87 million. Losses were -$8.66 million, -79.47% less than in 2020.

Financial Statements

Analyst Forecast

According to 28 analysts, the average rating for SHAK stock is "Buy." The 12-month stock price forecast is 56.84, which is an increase of 22.42% from the latest price.

Price Target
$56.84
(22.42% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Only Burgers In the Building: 3 Hot Fast-Food Stocks

If you're hungry for fast-food stocks, you don't need a podcast to show you the way.

Other symbols: BYNDMCD
5 days ago - The Motley Fool

Investment in Innovation Pays Off for Shake Shack

After a massive investment in digital sales channels, Shake Shack has had to rethink how their physical restaurants operate. CEO Randy Garutti and CFO Katie Fogertey explained the innovations to Matt Mi...

1 week ago - Bloomberg Markets and Finance

Why Shake Shack Spends Millions on its Workers

Shake Shack CFO Katie Fogertey and CEO Randy Garutti explain how the burger chain's focus on it's people and digital platforms have set it up for strong future growth. They spoke with Matt Miller on Blo...

1 week ago - Bloomberg Markets and Finance

7 Kim Kardashian Stocks to Buy

Kim Kardashian, one of the biggest names in the entertainment world, is making her move in the world of private equity. The development already has Wall Street buzzing over the top Kim Kardashian stocks...

1 week ago - InvestorPlace

Shake Shack CEO: 'You're not going to see us discount'

Shake Shack CEO Randy Garutti and CFO Katherine Fogertey sit down with Yahoo Finance's Brian Sozzi at the 2022 Goldman Sachs Annual Retail Conference.

2 weeks ago - Yahoo Finance

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 the Company will be participating in the following investor conferences: On Wednesday, Sep...

3 weeks ago - Business Wire

Here's Why Investors Should Retain Shake Shack (SHAK) Stock

Shake Shack (SHAK) benefits from the increased focus on unit expansion efforts as well as robust Same-Shack sales.

4 weeks ago - Zacks Investment Research

Shake Shack (SHAK) Q2 Earnings Top, Q3 View Disappoints, Stock Down

Shake Shack's (SHAK) second-quarter fiscal 2022 results benefited from robust Shack sales.

1 month ago - Zacks Investment Research

Three Stock Lunch: Carvana, Shake Shack and Lucid Group

Quint Tatro, Joule Financial founder and president, joins 'Power Lunch' to discuss Tatro's investing take on three stocks: Carvana, Shake Shack and Lucid Group.

Other symbols: CVNALCID
1 month ago - CNBC Television

Why Shake Shack Stock Fell Today

The trend toward remote work might persist for longer than many people thought.

1 month ago - The Motley Fool

Shake Shack falls short on Q2 earnings, Crocs cuts forecast, Yeti slashes 2022 outlook

Yahoo Finance anchors Brian Sozzi and Julie Hyman discuss earnings for Shake Shack, Crocs, and Yeti.

Other symbols: CROXYETI
1 month ago - Yahoo Finance

Shake Shack (SHAK) Reports Break-Even Earnings for Q2

Shake Shack (SHAK) delivered earnings and revenue surprises of 100% and 3.05%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Shake Shack shares slide 7% premarket as it swings to a loss and revenue falls short of estimates

Shake Shack Inc. shares SHAK, +8.02% slid 7% in premarket trade Thursday, after the fast-food chain missed revenue estimates for the second quarter, hurt by inflationary pressures and their impact on co...

1 month ago - Market Watch

Shake Shack Announces Second Quarter 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK) has posted its results for the second quarter of 2022 in a Shareholder Letter in the Quarterly Results section o...

1 month ago - Business Wire

Union Square Hospitality Group Announces Chip Wade to Succeed Founder Danny Meyer as CEO

Danny Meyer remains Executive Chairman; Chip Wade, current President and COO of USHG, becomes CEO effective September 6, 2022 NEW YORK , Aug. 1, 2022 /PRNewswire/ -- Union Square Hospitality Group (USHG...

Other symbols: HUGS
1 month ago - PRNewsWire

Earnings Preview: Shake Shack (SHAK) Q2 Earnings Expected to Decline

Shake Shack (SHAK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Final Trades: NXP Semi, Compass, Shake Shack

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: NXPICODITLT
2 months ago - CNBC Television

Shake Shack to Announce Second Quarter 2022 Financial Results on August 4, 2022

NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), will release second quarter 2022 financial results on August 4, 2022, before the market opens. In conjunction w...

2 months ago - Business Wire

Restaurants need the Fed to step in, says Wedbush's Nick Setyan

Nick Setyan, Wedbush Securities senior equity analyst, joins 'The Exchange' to discuss restaurant stocks and the inflation's impact on them.

Other symbols: CMGDINMCDWENWING
2 months ago - CNBC Television

Why These Restaurant Stocks Fell Hard This Week

The short-term growth outlook is cloudy, and Wall Street hates uncertainty.

Other symbols: BJRIBLMN
3 months ago - The Motley Fool

Shake Shack's Unit Growth Target Had To Be Adjusted Because Of Labor And Supply Chain Issues

Shake Shack started the year targeting 45 to 50 new units but has since refined that number to about 40 to 45 due to the macroenvironment, including supply chain and labor shortages.

3 months ago - Forbes

Shake Shack (SHAK) Down 49% in the Past Year: Is Revival Likely?

Shake Shack (SHAK) is benefiting from global same-Shack sales growth and digital sales.

3 months ago - Zacks Investment Research

Shake Shack to Participate in 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, May 2...

4 months ago - Business Wire

NotCo and Shake Shack Kick Off Test of First Plant-Based Chocolate Frozen Custard and Milkshake

NEW YORK--(BUSINESS WIRE)--NotCo, the fast-growing food-tech pioneer that's disrupting plant-based innovation with its proprietary AI technology, and Shake Shack, which serves elevated versions of Ameri...

4 months ago - Business Wire

Why Shake Shack, Caesars Entertainment, and Six Flags All Fell By 10% or More Today

Investors appear to be in a "risk off" mood.

Other symbols: CZRSIX
4 months ago - The Motley Fool