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As of close of business last night, Shake Shack Inc’s stock clocked out at $104.66, down -2.57% from its previous closing price of $107.42. In other words, the price has decreased by -$2.57 from its previous closing price. On the day, 0.83 million shares were traded. SHAK stock price reached its highest trading level at $106.37 during the session, while it also had its lowest trading level at $103.8.
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 13.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 249.81. 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 Aug 15 ’24 when Meyer Daniel Harris sold 10,000 shares for $110.24 per share. The transaction valued at 1,102,403 led to the insider holds 470,437 shares of the business.
Daniel Meyer bought 100,000 shares of SHAK for $10,441,000 on Aug 15 ’24. On Aug 02 ’24, another insider, Fogertey Katherine Irene, who serves as the Chief Financial Officer of the company, sold 963 shares for $96.03 each. As a result, the insider received 92,475 and left with 37,464 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 4562213376 and an Enterprise Value of 4703813120. As of this moment, Shake’s Price-to-Earnings (P/E) ratio for their current fiscal year is 168.40, and their Forward P/E ratio for the next fiscal year is 100.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.58 while its Price-to-Book (P/B) ratio in mrq is 9.05. Its current Enterprise Value per Revenue stands at 4.022 whereas that against EBITDA is 39.148.
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 13.01%, while the 200-Day Moving Average is calculated to be 18.94%.
Shares Statistics:
It appears that SHAK traded 993.94K shares on average per day over the past three months and 849960 shares per day over the past ten days. A total of 39.47M shares are outstanding, with a floating share count of 37.90M. Insiders hold about 5.21% of the company’s shares, while institutions hold 97.86% stake in the company. Shares short for SHAK as of 1723680000 were 3975407 with a Short Ratio of 4.00, compared to 1721001600 on 4403777. Therefore, it implies a Short% of Shares Outstanding of 3975407 and a Short% of Float of 14.510000000000002.
