Market Watch Highlights: Shake Shack Inc (SHAK) Ends on an Downturn Note at 108.55

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As of close of business last night, Shake Shack Inc’s stock clocked out at $108.55, down -0.16% from its previous closing price of $108.72. In other words, the price has decreased by -$0.16 from its previous closing price. On the day, 1.03 million shares were traded. SHAK stock price reached its highest trading level at $113.1299 during the session, while it also had its lowest trading level at $106.39.

Ratios:

To gain a deeper understanding of SHAK’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 259.09. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 04 ’24 when Meyer Daniel Harris sold 10,000 shares for $110.08 per share. The transaction valued at 1,100,835 led to the insider holds 460,337 shares of the business.

Fogertey Katherine Irene sold 321 shares of SHAK for $33,464 on Oct 03 ’24. The Chief Financial Officer now owns 35,859 shares after completing the transaction at $104.25 per share. On Oct 02 ’24, another insider, Fogertey Katherine Irene, who serves as the Chief Financial Officer of the company, sold 321 shares for $103.93 each. As a result, the insider received 33,360 and left with 36,180 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 4610205696 and an Enterprise Value of 4859346432. As of this moment, Shake’s Price-to-Earnings (P/E) ratio for their current fiscal year is 174.66, and their Forward P/E ratio for the next fiscal year is 105.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.71 while its Price-to-Book (P/B) ratio in mrq is 9.38. Its current Enterprise Value per Revenue stands at 4.155 whereas that against EBITDA is 40.442.

Stock Price History:

Over the past 52 weeks, SHAK has reached a high of $113.50, while it has fallen to a 52-week low of $53.63. The 50-Day Moving Average of the stock is 3.52%, while the 200-Day Moving Average is calculated to be 13.45%.

Shares Statistics:

It appears that SHAK traded 970.60K shares on average per day over the past three months and 914760 shares per day over the past ten days. A total of 39.47M shares are outstanding, with a floating share count of 37.93M. Insiders hold about 5.14% of the company’s shares, while institutions hold 95.52% stake in the company. Shares short for SHAK as of 1727654400 were 3789584 with a Short Ratio of 3.90, compared to 1724976000 on 3868246. Therefore, it implies a Short% of Shares Outstanding of 3789584 and a Short% of Float of 13.83.

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