Shake ShackSHAK
About: Shake Shack Inc is a roadside burger stand. It is serving a classic American menu of premium burgers, hot dogs, crispy chicken, frozen custard, crinkle-cut fries, shakes, beer, wine and more. The company's burgers are made with a whole-muscle blend of all-natural, hormone and antibiotic-free Angus beef, ground fresh daily, cooked to order and served on a non-genetically modified organism (GMO) potato bun. Its menu focuses on food and beverages, crafted from a range of classic American foods. The company serves draft Root Beer, seasonal freshly-squeezed lemonade, organic fresh brewed iced tea, cold brew coffee, organic apple juice, and Shack20 bottled water.
Employees: 12,196
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
14% more capital invested
Capital invested by funds: $3.48B [Q2] → $3.97B (+$492M) [Q3]
11% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 108
1% less funds holding
Funds holding: 341 [Q2] → 339 (-2) [Q3]
0.61% less ownership
Funds ownership: 97.62% [Q2] → 97.01% (-0.61%) [Q3]
4% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 51
25% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 3 (-1) [Q3]
32% less call options, than puts
Call options by funds: $94.1M | Put options by funds: $138M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Truist Securities Jake Bartlett 52% 1-year accuracy 36 / 69 met price target | 14%upside $147 | Buy Maintained | 19 Dec 2024 |
Barclays Jeffrey Bernstein 45% 1-year accuracy 46 / 102 met price target | 3%downside $125 | Equal-Weight Maintained | 31 Oct 2024 |
Oppenheimer Brian Bittner 45% 1-year accuracy 17 / 38 met price target | 5%upside $135 | Outperform Maintained | 28 Oct 2024 |
JP Morgan John Ivankoe 52% 1-year accuracy 16 / 31 met price target | 21%downside $102 | Underweight Assumed | 24 Sept 2024 |
Financial journalist opinion
Based on 10 articles about SHAK published over the past 30 days
