Shake Shack
SHAK

$93.35

2.89%

Market Cap: $3.73B

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

Consumer Discretionary Eating & Drinking Places

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 19 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

12% more repeat investments, than reductions

Existing positions increased: 124 | Existing positions reduced: 111

3.24% more ownership

Funds ownership: 92.55% [Q1] → 95.79% (+3.24%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 4 [Q1] → 4 (+0) [Q2]

2% less funds holding

Funds holding: 345 [Q1] → 339 (-6) [Q2]

10% less capital invested

Capital invested by funds: $3.8B [Q1] → $3.42B (-$383M) [Q2]

12% less first-time investments, than exits

New positions opened: 43 | Existing positions closed: 49

38% less call options, than puts

Call options by funds: $82.9M | Put options by funds: $133M

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Research analyst outlook

19 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$90

4%

downside

Avg. target

$113

21%

upside

High target

$127

36%

upside

19 analyst ratings

8 positive

42%

11 neutral

58%

0 negative

0%

Truist Securities Jake Bartlett 45% 1-year accuracy 30 / 67 met price target	36%upside $127	Buy Maintained	28 Aug 2024
Deutsche Bank Lauren Silberman 67% 1-year accuracy 12 / 18 met price target	23%upside $115	Hold Maintained	28 Aug 2024
B of A Securities Sara Senatore 54% 1-year accuracy 13 / 24 met price target	24%upside $116	Neutral Maintained	19 Aug 2024
Piper Sandler Brian Mullan 62% 1-year accuracy 8 / 13 met price target	22%upside $114	Neutral Downgraded	19 Aug 2024
Deutsche Bank Lauren Silberman 67% 1-year accuracy 12 / 18 met price target	23%upside $115	Hold Maintained	2 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 17 articles about SHAK published over the past 30 days

24/7 Wall Street

Buy These 3 Classic Fast Food Stocks Before Its Too Late

When investing in the stock market, it makes sense to always look for businesses that have seen the ups and downs and thrived.

Buy These 3 Classic Fast Food Stocks Before Its Too Late

Shake Shack to Participate in September Investor Conferences

NEW YORK--(BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), today announced that Rob Lynch, Chief Executive Officer, and Katherine Fogertey, Chief Financial Officer, will be participating in the following investor conferences: On Wednesday, September 4, 2024, the Company will host a fireside chat at Goldman Sach's 31st Annual Global Retailing Conference. The fireside chat will begin at 3:15 p.m. Eastern Time. On Tuesday, September 17, 2024, the Company will host a.

Shake Shack to Participate in September Investor Conferences

Shake Shack to shut 6 California locations, including 5 in LA, after state's $20 minimum wage hike

It is the first time the burger-and-shake chain will close stores for non-construction-related reasons.

Shake Shack to shut 6 California locations, including 5 in LA, after state's $20 minimum wage hike

Shake Shack is closing 9 underperforming locations. Here's the full list of impacted cities

Fast-casual burger chain Shake Shack said yesterday that it will close nine of its company-owned restaurants in California, Ohio, and Texas. This decision follows a recent evaluation that identified these locations as underperforming, partly due to shifts in local trade areas and customer overlap from nearby locations.

Shake Shack is closing 9 underperforming locations. Here's the full list of impacted cities

Shake Shack: Set To Thrive Under New Leadership

Shake Shack has risen more than 40% year to date, but there's further upside ahead. Initiating the stock with a buy rating. The company has continued to drive accelerating same-store sales growth, as recent price increases have done little to dent profit. And amid an inflationary environment, particularly in labor and the price of beef, the company has increased its gross margins.

Shake Shack: Set To Thrive Under New Leadership

CNBC Television

Calls of the Day: Ferrari, Snowflake, Lululemon, Mastercard, Sweetgreen, Shake Shack and Live Nation

The Investment Committee discuss the latest Calls of the Day.

Calls of the Day: Ferrari, Snowflake, Lululemon, Mastercard, Sweetgreen, Shake Shack and Live Nation

Schaeffers Research

Bull Signal Has Never Been Wrong on Downgraded Food Stock

Shake Shack Inc (NYSE:SHAK) stock is down 3.1% to trade at $104 at last check, after Piper Sandler downgraded the fast food chain to "neutral" from "overweight," and cut its price objective to $114 from $121.

Bull Signal Has Never Been Wrong on Downgraded Food Stock

A Morning of Downgrades, Weak Guidance & Retiring CEOs

Analysts waved yellow flags before markets opened muted on Monday. Crowdstrike (CRWD), Shake Shack (SHAK), and Dutch Bros (BROS) all received downgrades or price cuts.

A Morning of Downgrades, Weak Guidance & Retiring CEOs

Liquidia, Shake Shack And Other Big Stocks Moving Lower In Monday's Pre-Market Session

U.S. stock futures were slightly higher this morning, with the S&P 500 futures gaining around 0.1% on Monday.

Liquidia, Shake Shack And Other Big Stocks Moving Lower In Monday's Pre-Market Session

The Motley Fool

Shake Shack Has Outgrown Chipotle Over the Last 5 Years. This 1 Chart Shows Why Chipotle Is Still Crushing Shake Shack in the Stock Market

Shake Shack's stellar revenue growth is very attractive. But growth can't be the only thing a stock has going for it.

Shake Shack Has Outgrown Chipotle Over the Last 5 Years. This 1 Chart Shows Why Chipotle Is Still Crushing Shake Shack in the Stock Market

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