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In the latest session, Shake Shack Inc (NYSE: SHAK) closed at $107.48 up 3.49% from its previous closing price of $103.86. In other words, the price has increased by $3.49 from its previous closing price. On the day, 0.63 million shares were traded. SHAK stock price reached its highest trading level at $107.49 during the session, while it also had its lowest trading level at $105.422.
Ratios:
For a deeper understanding of Shake Shack Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 256.54. For the most recent quarter (mrq), Quick Ratio is recorded 2.03 and its Current Ratio is at 2.06. In the meantime, Its Debt-to-Equity ratio is 1.73 whereas as Long-Term Debt/Eq ratio is at 1.61.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 04 ’24 when Fogertey Katherine Irene sold 321 shares for $98.57 per share. The transaction valued at 31,641 led to the insider holds 36,822 shares of the business.
Fogertey Katherine Irene sold 321 shares of SHAK for $31,202 on Sep 05 ’24. The Chief Financial Officer now owns 36,501 shares after completing the transaction at $97.20 per share. On Aug 15 ’24, another insider, Meyer Daniel Harris, who serves as the Director of the company, sold 10,000 shares for $110.24 each. As a result, the insider received 1,102,403 and left with 470,437 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 4411011584 and an Enterprise Value of 4816564736. As of this moment, Shake’s Price-to-Earnings (P/E) ratio for their current fiscal year is 172.94, and their Forward P/E ratio for the next fiscal year is 104.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.67 while its Price-to-Book (P/B) ratio in mrq is 9.29. Its current Enterprise Value per Revenue stands at 4.119 whereas that against EBITDA is 40.086.
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 11.85%, while the 200-Day Moving Average is calculated to be 18.15%.
Shares Statistics:
For the past three months, SHAK has traded an average of 1.00M shares per day and 768990 over the past ten days. A total of 39.47M shares are outstanding, with a floating share count of 37.92M. Insiders hold about 5.16% of the company’s shares, while institutions hold 95.51% stake in the company. Shares short for SHAK as of 1724976000 were 3868246 with a Short Ratio of 3.85, compared to 1722384000 on 4183202. Therefore, it implies a Short% of Shares Outstanding of 3868246 and a Short% of Float of 14.12.
