After finishing at $102.38 in the prior trading day, Shake Shack Inc (NYSE: SHAK) closed at $104.28, up 1.86%. In other words, the price has increased by $+1.90 from its previous closing price. On the day, 909056 shares were traded.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Ratios:
Our goal is to gain a better understanding of SHAK by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.01 and its Current Ratio is at 2.04. In the meantime, Its Debt-to-Equity ratio is 1.74 whereas as Long-Term Debt/Eq ratio is at 1.62.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Oppenheimer on March 22, 2024, Reiterated its Outperform rating but revised its target price to $120 from $108 previously.
On March 07, 2024, TD Cowen Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $91 to $125.
On December 20, 2023, HSBC Securities started tracking the stock assigning a Hold rating and target price of $74.HSBC Securities initiated its Hold rating on December 20, 2023, with a $74 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 04 ’24 when Flug Jeffrey sold 304 shares for $108.05 per share. The transaction valued at 32,846 led to the insider holds 4,058 shares of the business.
Meyer Daniel Harris sold 40,000 shares of SHAK for $4,253,629 on Mar 01 ’24. The Director now owns 480,437 shares after completing the transaction at $106.34 per share. On Feb 26 ’24, another insider, Meyer Daniel Harris, who serves as the Director of the company, sold 6,034 shares for $100.08 each. As a result, the insider received 603,877 and left with 520,437 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SHAK now has a Market Capitalization of 4.12B and an Enterprise Value of 4.60B. As of this moment, Shake’s Price-to-Earnings (P/E) ratio for their current fiscal year is 227.54, and their Forward P/E ratio for the next fiscal year is 111.34. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.79 while its Price-to-Book (P/B) ratio in mrq is 9.28. Its current Enterprise Value per Revenue stands at 4.23 whereas that against EBITDA is 41.12.
Stock Price History:
Over the past 52 weeks, SHAK has reached a high of $110.90, while it has fallen to a 52-week low of $52.40. The 50-Day Moving Average of the stock is 90.90, while the 200-Day Moving Average is calculated to be 73.05.
Shares Statistics:
The stock has traded on average 1.01M shares per day over the past 3-months and 983.6k shares per day over the last 10 days, according to various share statistics. A total of 39.47M shares are outstanding, with a floating share count of 37.47M. Insiders hold about 5.09% of the company’s shares, while institutions hold 92.87% stake in the company. Shares short for SHAK as of Feb 29, 2024 were 3.17M with a Short Ratio of 3.23, compared to 3.55M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.04% and a Short% of Float of 11.69%.
Earnings Estimates
Its stock is currently analyzed by 17 different market analysts. On average, analysts expect EPS of $0.1 for the current quarter, with a high estimate of $0.15 and a low estimate of $0.04, while EPS last year was -$0.01. The consensus estimate for the next quarter is $0.26, with high estimates of $0.32 and low estimates of $0.17.
Analysts are recommending an EPS of between $0.84 and $0.47 for the fiscal current year, implying an average EPS of $0.69. EPS for the following year is $0.95, with 19 analysts recommending between $1.19 and $0.63.
Revenue Estimates
17 analysts predict $290.62M in revenue for the current quarter. It ranges from a high estimate of $299M to a low estimate of $279M. As of the current estimate, Shake Shack Inc’s year-ago sales were $253.28M, an estimated increase of 14.70% from the year-ago figure. For the next quarter, 17 analysts are estimating revenue of $312.46M, an increase of 15.00% over than the figure of $14.70% in the same quarter last year. There is a high estimate of $317M for the next quarter, whereas the lowest estimate is $309.8M.
A total of 20 analysts have provided revenue estimates for SHAK’s current fiscal year. The highest revenue estimate was $1.27B, while the lowest revenue estimate was $1.23B, resulting in an average revenue estimate of $1.25B. In the same quarter a year ago, actual revenue was $1.09B, up 14.60% from the average estimate. Based on 20 analysts’ estimates, the company’s revenue will be $1.44B in the next fiscal year. The high estimate is $1.47B and the low estimate is $1.37B. The average revenue growth estimate for next year is up 15.30% from the average revenue estimate for this year.
