Balance Sheet Dive: Shake Shack Inc (SHAK)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $102.08 in the prior trading day, Shake Shack Inc (NYSE: SHAK) closed at $102.77, up 0.68%. In other words, the price has increased by $0.68 from its previous closing price. On the day, 0.85 million shares were traded. SHAK stock price reached its highest trading level at $105.0 during the session, while it also had its lowest trading level at $102.63.

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 1.99 and its Current Ratio is at 2.02. In the meantime, Its Debt-to-Equity ratio is 1.76 whereas as Long-Term Debt/Eq ratio is at 1.64.

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 May 01 ’24 when Flug Jeffrey sold 304 shares for $104.55 per share. The transaction valued at 31,783 led to the insider holds 3,450 shares of the business.

Flug Jeffrey sold 304 shares of SHAK for $31,315 on Apr 04 ’24. The Director now owns 3,754 shares after completing the transaction at $103.01 per share. On Mar 04 ’24, another insider, Flug Jeffrey, who serves as the Director of the company, sold 304 shares for $108.05 each. As a result, the insider received 32,846 and left with 4,058 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 4331930112 and an Enterprise Value of 4599923200. As of this moment, Shake’s Price-to-Earnings (P/E) ratio for their current fiscal year is 187.98, and their Forward P/E ratio for the next fiscal year is 101.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.62 while its Price-to-Book (P/B) ratio in mrq is 9.13. Its current Enterprise Value per Revenue stands at 4.09 whereas that against EBITDA is 41.927.

Stock Price History:

Over the past 52 weeks, SHAK has reached a high of $111.29, while it has fallen to a 52-week low of $52.79. The 50-Day Moving Average of the stock is 0.40%, while the 200-Day Moving Average is calculated to be 33.30%.

Shares Statistics:

The stock has traded on average 979.61K shares per day over the past 3-months and 1003520 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 37.64M. Insiders hold about 5.04% of the company’s shares, while institutions hold 93.12% stake in the company. Shares short for SHAK as of 1714435200 were 3885926 with a Short Ratio of 3.97, compared to 1711584000 on 3158107. Therefore, it implies a Short% of Shares Outstanding of 3885926 and a Short% of Float of 14.360000000000001.

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