Shake Shack (NYSE:SHAK) Issues Quarterly Earnings Results

Shake Shack (NYSE:SHAK) announced its quarterly earnings results on Thursday. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.01, Zacks reports. Shake Shack had a net margin of 0.68% and a return on equity of 6.28%. Shake Shack updated its Q1 2025 guidance to EPS.

Shake Shack Stock Performance

NYSE SHAK traded up $11.57 during trading hours on Thursday, reaching $122.80. 1,473,343 shares of the company were exchanged, compared to its average volume of 1,314,101. Shake Shack has a 1 year low of $77.50 and a 1 year high of $139.89. The business’s 50 day simple moving average is $122.46 and its 200-day simple moving average is $116.11. The company has a quick ratio of 1.98, a current ratio of 2.01 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $5.22 billion, a P/E ratio of 715.36 and a beta of 1.86.

Insider Buying and Selling

In related news, CFO Katherine Irene Fogertey sold 642 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $137.51, for a total transaction of $88,281.42. Following the completion of the sale, the chief financial officer now owns 30,717 shares in the company, valued at approximately $4,223,894.67. This trade represents a 2.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 9.73% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on SHAK shares. Truist Financial decreased their price objective on shares of Shake Shack from $149.00 to $143.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Stifel Nicolaus decreased their price objective on shares of Shake Shack from $128.00 to $110.00 and set a “hold” rating for the company in a research report on Friday, January 17th. Oppenheimer increased their price objective on shares of Shake Shack from $145.00 to $155.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 7th. UBS Group increased their price objective on shares of Shake Shack from $130.00 to $140.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 7th. Finally, Gordon Haskett upgraded shares of Shake Shack from a “hold” rating to a “buy” rating and set a $154.00 price objective for the company in a research report on Wednesday, January 8th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, Shake Shack has a consensus rating of “Hold” and a consensus price target of $124.29.

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.