Market Momentum Report: Shake Shack Inc (SHAK)’s Negative Close at 131.86

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The price of Shake Shack Inc (NYSE: SHAK) closed at $131.86 in the last session, down -0.98% from day before closing price of $133.16. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 1.11 million shares were traded. SHAK stock price reached its highest trading level at $134.88 during the session, while it also had its lowest trading level at $131.34.

Ratios:

We take a closer look at SHAK’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 166.28. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 05 ’24 when Fogertey Katherine Irene sold 3,858 shares for $125.78 per share. The transaction valued at 485,275 led to the insider holds 32,001 shares of the business.

Meyer Daniel Harris sold 30,000 shares of SHAK for $3,653,559 on Nov 01 ’24. The Director now owns 407,646 shares after completing the transaction at $121.79 per share. On Oct 30 ’24, another insider, Meyer Daniel Harris, who serves as the Director of the company, sold 22,691 shares for $124.47 each. As a result, the insider received 2,824,357 and left with 437,646 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 5657110528 and an Enterprise Value of 5803526144. As of this moment, Shake’s Price-to-Earnings (P/E) ratio for their current fiscal year is 727.30, and their Forward P/E ratio for the next fiscal year is 115.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 13.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.63 while its Price-to-Book (P/B) ratio in mrq is 11.57. Its current Enterprise Value per Revenue stands at 4.796 whereas that against EBITDA is 45.448.

Stock Price History:

Over the past 52 weeks, SHAK has reached a high of $134.77, while it has fallen to a 52-week low of $54.06. The 50-Day Moving Average of the stock is 21.99%, while the 200-Day Moving Average is calculated to be 33.75%.

Shares Statistics:

According to the various share statistics, SHAK traded on average about 920.00K shares per day over the past 3-months and 1477960 shares per day over the past 10 days. A total of 39.47M shares are outstanding, with a floating share count of 37.99M. Insiders hold about 5.08% of the company’s shares, while institutions hold 95.79% stake in the company. Shares short for SHAK as of 1728950400 were 3563963 with a Short Ratio of 3.87, compared to 1726185600 on 4007400. Therefore, it implies a Short% of Shares Outstanding of 3563963 and a Short% of Float of 12.989999999999998.

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