FY2025 EPS Estimates for Shake Shack Lowered by Analyst

Shake Shack Inc. (NYSE:SHAK) – Stock analysts at Zacks Research cut their FY2025 earnings per share (EPS) estimates for shares of Shake Shack in a research report issued to clients and investors on Tuesday, March 25th. Zacks Research analyst H. Ray now forecasts that the company will post earnings per share of $1.24 for the year, down from their prior estimate of $1.26. The consensus estimate for Shake Shack’s current full-year earnings is $1.26 per share.

Shake Shack (NYSE:SHAK) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.01. Shake Shack had a net margin of 0.81% and a return on equity of 8.40%. The business had revenue of $328.68 million during the quarter, compared to analyst estimates of $329.02 million.

Other analysts have also recently issued research reports about the company. Wells Fargo & Company initiated coverage on Shake Shack in a research report on Wednesday. They set an “equal weight” rating and a $95.00 price objective for the company. Wedbush lifted their price target on Shake Shack from $115.00 to $125.00 and gave the company a “neutral” rating in a report on Friday, February 21st. Stifel Nicolaus cut their price objective on shares of Shake Shack from $128.00 to $110.00 and set a “hold” rating on the stock in a research report on Friday, January 17th. JPMorgan Chase & Co. decreased their target price on shares of Shake Shack from $107.00 to $105.00 and set an “underweight” rating for the company in a research report on Thursday, March 20th. Finally, Oppenheimer raised their price target on shares of Shake Shack from $145.00 to $155.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $124.05.

Shake Shack Stock Down 5.7 %

SHAK stock opened at $88.25 on Friday. The company has a 50 day moving average of $105.33 and a two-hundred day moving average of $115.06. The company has a quick ratio of 1.98, a current ratio of 1.97 and a debt-to-equity ratio of 0.50. Shake Shack has a 12-month low of $77.50 and a 12-month high of $139.89. The company has a market cap of $3.75 billion, a price-to-earnings ratio of 383.71 and a beta of 1.89.

Institutional Trading of Shake Shack

Several institutional investors have recently modified their holdings of SHAK. Driehaus Capital Management LLC acquired a new stake in Shake Shack during the fourth quarter worth $66,349,000. Point72 Asset Management L.P. raised its position in Shake Shack by 154.8% in the third quarter. Point72 Asset Management L.P. now owns 650,685 shares of the company’s stock worth $67,157,000 after purchasing an additional 395,311 shares in the last quarter. Holocene Advisors LP lifted its stake in Shake Shack by 68.3% during the third quarter. Holocene Advisors LP now owns 946,350 shares of the company’s stock worth $97,673,000 after purchasing an additional 384,131 shares during the period. Invesco Ltd. boosted its holdings in Shake Shack by 30.7% during the fourth quarter. Invesco Ltd. now owns 1,245,093 shares of the company’s stock valued at $161,613,000 after purchasing an additional 292,348 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of Shake Shack by 204.0% in the 4th quarter. Ameriprise Financial Inc. now owns 324,109 shares of the company’s stock valued at $42,064,000 after purchasing an additional 217,493 shares during the period. Institutional investors and hedge funds own 86.07% of the company’s stock.

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.