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As of close of business last night, Shake Shack Inc’s stock clocked out at $104.41, up 0.65% from its previous closing price of $103.74. In other words, the price has increased by $0.65 from its previous closing price. On the day, 0.52 million shares were traded. SHAK stock price reached its highest trading level at $104.63 during the session, while it also had its lowest trading level at $102.81.
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 13.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 249.21. 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 this company, CapitalOne on July 29, 2024, initiated with a Overweight rating and assigned the stock a target price of $95.
On June 13, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $110.
Oppenheimer reiterated its Outperform rating for the stock on March 22, 2024, while the target price for the stock was revised from $108 to $120.
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 02 ’24 when Fogertey Katherine Irene sold 963 shares for $96.03 per share. The transaction valued at 92,475 led to the insider holds 37,464 shares of the business.
Fogertey Katherine Irene sold 321 shares of SHAK for $30,528 on Aug 05 ’24. The Chief Financial Officer now owns 37,143 shares after completing the transaction at $95.10 per share. On Aug 05 ’24, another insider, Flug Jeffrey, who serves as the Director of the company, sold 304 shares for $90.39 each. As a result, the insider received 27,478 and left with 3,347 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 4434376192 and an Enterprise Value of 4693817344. As of this moment, Shake’s Price-to-Earnings (P/E) ratio for their current fiscal year is 168.00, and their Forward P/E ratio for the next fiscal year is 100.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.57 while its Price-to-Book (P/B) ratio in mrq is 9.02. Its current Enterprise Value per Revenue stands at 4.014 whereas that against EBITDA is 39.065.
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 16.28%, while the 200-Day Moving Average is calculated to be 22.11%.
Shares Statistics:
It appears that SHAK traded 960.38K shares on average per day over the past three months and 1412260 shares per day over the past ten days. A total of 39.47M shares are outstanding, with a floating share count of 37.89M. Insiders hold about 5.24% of the company’s shares, while institutions hold 94.73% stake in the company. Shares short for SHAK as of 1722384000 were 4183202 with a Short Ratio of 4.36, compared to 1719532800 on 3980405. Therefore, it implies a Short% of Shares Outstanding of 4183202 and a Short% of Float of 15.27.
