Closing Strong: Shake Shack Inc (SHAK) Ends at 119.09, Up 2.23 from Last Close

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After finishing at $116.49 in the prior trading day, Shake Shack Inc (NYSE: SHAK) closed at $119.09, up 2.23%. In other words, the price has increased by $2.23 from its previous closing price. On the day, 0.95 million shares were traded. SHAK stock price reached its highest trading level at $120.72 during the session, while it also had its lowest trading level at $115.25.

Ratios:

Our goal is to gain a better understanding of SHAK by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 150.17. For the most recent quarter (mrq), Quick Ratio is recorded 1.98 and its Current Ratio is at 2.01. In the meantime, Its Debt-to-Equity ratio is 1.78 whereas as Long-Term Debt/Eq ratio is at 1.65.

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 the company, Piper Sandler on August 19, 2024, Downgraded its rating to Neutral and sets its target price to $114 from $121 previously.

On July 29, 2024, CapitalOne started tracking the stock assigning a Overweight rating and target price of $95.

On June 13, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $110.Goldman initiated its Buy rating on June 13, 2024, with a $110 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 Nov 06 ’24 when Fogertey Katherine Irene sold 642 shares for $133.24 per share. The transaction valued at 85,541 led to the insider holds 31,359 shares of the business.

Meyer Daniel Harris sold 27,209 shares of SHAK for $3,578,716 on Nov 06 ’24. The Director now owns 380,437 shares after completing the transaction at $131.53 per share. On Nov 05 ’24, another insider, Fogertey Katherine Irene, who serves as the Chief Financial Officer of the company, sold 3,858 shares for $125.78 each. As a result, the insider received 485,275 and left with 32,001 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 5059359744 and an Enterprise Value of 5188305920. As of this moment, Shake’s Price-to-Earnings (P/E) ratio for their current fiscal year is 656.87, and their Forward P/E ratio for the next fiscal year is 104.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 12.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.18 while its Price-to-Book (P/B) ratio in mrq is 10.45. Its current Enterprise Value per Revenue stands at 4.287 whereas that against EBITDA is 40.63.

Stock Price History:

Over the past 52 weeks, SHAK has reached a high of $134.90, while it has fallen to a 52-week low of $59.92. The 50-Day Moving Average of the stock is 5.84%, while the 200-Day Moving Average is calculated to be 18.44%.

Shares Statistics:

The stock has traded on average 924.66K shares per day over the past 3-months and 966400 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 38.06M. Insiders hold about 4.93% of the company’s shares, while institutions hold 97.38% stake in the company. Shares short for SHAK as of 1730332800 were 3552083 with a Short Ratio of 3.84, compared to 1727654400 on 3789584. Therefore, it implies a Short% of Shares Outstanding of 3552083 and a Short% of Float of 12.94.

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