Shake Shack, Inc. (NYSE:SHAK) Given Average Rating of “Hold” by Brokerages

Shake Shack, Inc. (NYSE:SHAK) has received an average rating of “Hold” from the twenty-four research firms that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, thirteen have issued a hold recommendation, seven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $120.5238.

Several research analysts have recently issued reports on SHAK shares. TD Cowen raised their price target on Shake Shack from $105.00 to $110.00 and gave the stock a “hold” rating in a research report on Thursday, July 31st. Bank of America reissued an “underperform” rating and issued a $86.00 target price (down previously from $148.00) on shares of Shake Shack in a research note on Monday, October 6th. Piper Sandler decreased their target price on Shake Shack from $126.00 to $102.00 and set a “neutral” rating for the company in a research report on Friday, October 31st. Loop Capital raised Shake Shack from a “hold” rating to a “buy” rating and upped their price target for the company from $98.00 to $127.00 in a research note on Friday, November 14th. Finally, Stifel Nicolaus reduced their price objective on shares of Shake Shack from $110.00 to $105.00 and set a “hold” rating on the stock in a research note on Friday, October 31st.

Shake Shack Stock Down 2.3%

Shares of NYSE SHAK opened at $84.26 on Friday. Shake Shack has a 1 year low of $72.93 and a 1 year high of $144.65. The firm’s 50-day moving average is $93.69 and its 200-day moving average is $111.48. The company has a current ratio of 1.84, a quick ratio of 1.81 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $3.60 billion, a PE ratio of 82.61, a price-to-earnings-growth ratio of 2.25 and a beta of 1.69.

Shake Shack (NYSE:SHAK) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.05. Shake Shack had a net margin of 3.10% and a return on equity of 10.43%. The business had revenue of $367.41 million for the quarter, compared to analyst estimates of $363.69 million. During the same period in the prior year, the business posted $0.25 earnings per share. Shake Shack’s revenue was up 15.9% compared to the same quarter last year. Shake Shack has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts expect that Shake Shack will post 1.26 EPS for the current year.

Institutional Trading of Shake Shack

Several hedge funds have recently added to or reduced their stakes in SHAK. Ameritas Advisory Services LLC acquired a new position in Shake Shack in the second quarter valued at about $31,000. Parallel Advisors LLC lifted its holdings in shares of Shake Shack by 679.4% during the 2nd quarter. Parallel Advisors LLC now owns 265 shares of the company’s stock valued at $37,000 after purchasing an additional 231 shares in the last quarter. Geneos Wealth Management Inc. acquired a new position in shares of Shake Shack in the 1st quarter valued at approximately $26,000. Global Retirement Partners LLC increased its stake in Shake Shack by 83.7% during the 3rd quarter. Global Retirement Partners LLC now owns 327 shares of the company’s stock worth $31,000 after purchasing an additional 149 shares in the last quarter. Finally, Advisory Services Network LLC bought a new stake in Shake Shack during the 3rd quarter worth approximately $38,000. 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.