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

Shares of Shake Shack, Inc. (NYSE:SHAK) have been given a consensus recommendation of “Hold” by the twenty-two brokerages that are presently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $123.00.

A number of research analysts recently issued reports 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 for the company in a report on Thursday, October 16th. Raymond James Financial reiterated a “strong-buy” rating and issued a $160.00 price target (down previously from $165.00) on shares of Shake Shack in a report on Friday, August 1st. Bank of America reiterated an “underperform” rating and issued a $86.00 price target (down previously from $148.00) on shares of Shake Shack in a report on Monday, October 6th. Jefferies Financial Group cut Shake Shack from a “hold” rating to an “underperform” rating and raised their price target for the company from $100.00 to $120.00 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.

Hedge Funds Weigh In On Shake Shack

Several hedge funds have recently added to or reduced their stakes in SHAK. Farther Finance Advisors LLC boosted its holdings in Shake Shack by 939.3% in the first quarter. Farther Finance Advisors LLC now owns 291 shares of the company’s stock valued at $26,000 after acquiring an additional 263 shares during the last quarter. Geneos Wealth Management Inc. acquired a new position in Shake Shack in the first quarter valued at about $26,000. Ameritas Advisory Services LLC acquired a new position in Shake Shack in the second quarter valued at about $31,000. Global Retirement Partners LLC lifted its stake in Shake Shack by 83.7% in the third quarter. Global Retirement Partners LLC now owns 327 shares of the company’s stock valued at $31,000 after buying an additional 149 shares during the period. Finally, Garde Capital Inc. acquired a new position in Shake Shack in the first quarter valued at about $35,000. Institutional investors own 86.07% of the company’s stock.

Shake Shack Stock Performance

Shares of NYSE:SHAK opened at $91.91 on Tuesday. The business’s fifty day moving average price is $97.87 and its two-hundred day moving average price is $110.65. Shake Shack has a fifty-two week low of $72.93 and a fifty-two week high of $144.65. The stock has a market capitalization of $3.92 billion, a price-to-earnings ratio of 199.82, a price-to-earnings-growth ratio of 2.23 and a beta of 1.65. 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 announced its quarterly earnings results on Thursday, July 31st. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.07. Shake Shack had a return on equity of 9.78% and a net margin of 1.50%.The firm had revenue of $356.47 million for the quarter, compared to analysts’ expectations of $352.56 million. During the same period in the prior year, the business posted $0.27 earnings per share. The business’s revenue was up 12.6% compared to the same quarter last year. Shake Shack has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, analysts predict that Shake Shack will post 1.26 EPS for the current fiscal year.

Shake Shack Company Profile

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.