FY2025 EPS Estimates for Shake Shack Decreased by Analyst

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

Other equities analysts have also recently issued reports about the company. JPMorgan Chase & Co. reduced their target price on Shake Shack from $107.00 to $105.00 and set an “underweight” rating on the stock in a research note on Thursday, March 20th. Wedbush boosted their price objective on shares of Shake Shack from $115.00 to $125.00 and gave the company a “neutral” rating in a research report on Friday, February 21st. UBS Group upped their price objective on shares of Shake Shack from $130.00 to $140.00 and gave the stock a “neutral” rating in a report on Tuesday, January 7th. Barclays raised shares of Shake Shack from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $125.00 to $159.00 in a research note on Tuesday, January 7th. Finally, Truist Financial increased their price target on shares of Shake Shack from $143.00 to $154.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. One analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $124.05.

Shake Shack Stock Down 5.7 %

Shares of NYSE:SHAK opened at $88.25 on Friday. The stock’s 50-day moving average is $105.33 and its 200 day moving average is $115.18. The company has a market cap of $3.75 billion, a PE ratio of 383.71 and a beta of 1.89. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.97 and a quick ratio of 1.98. Shake Shack has a 1 year low of $77.50 and a 1 year high of $139.89.

Shake Shack (NYSE:SHAK) last announced 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. The business had revenue of $328.68 million for the quarter, compared to analyst estimates of $329.02 million. Shake Shack had a net margin of 0.81% and a return on equity of 8.40%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. GDS Wealth Management increased its position in shares of Shake Shack by 253.6% during the fourth quarter. GDS Wealth Management now owns 14,277 shares of the company’s stock valued at $1,853,000 after acquiring an additional 10,239 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Shake Shack by 2.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 361,930 shares of the company’s stock worth $46,979,000 after purchasing an additional 8,429 shares in the last quarter. FMR LLC raised its stake in shares of Shake Shack by 3.6% in the third quarter. FMR LLC now owns 243,549 shares of the company’s stock worth $25,137,000 after purchasing an additional 8,512 shares during the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of Shake Shack during the fourth quarter valued at $260,000. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Shake Shack during the third quarter valued at $867,000. 86.07% of the stock is owned by hedge funds and other institutional investors.

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.