Shake Shack Inc (NYSE: SHAK) is 28.05% higher on its value in year-to-date trading and has touched a low of $52.64 and a high of $110.90 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SHAK stock was last observed hovering at around $96.53 in the last trading session, with the day’s loss setting it -1.62%.
Currently trading at $94.91, the stock is -7.39% and -3.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.74 million and changing -1.68% at the moment leaves the stock 26.87% off its SMA200. SHAK registered 71.78% gain for a year compared to 6-month gain of 76.31%.
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The stock witnessed a -9.43% loss in the last 1 month and extending the period to 3 months gives it a 43.61%, and is -3.82% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.93% over the week and 3.32% over the month.
Shake Shack Inc (SHAK) has around 12196 employees, a market worth around $3.75B and $1.09B in sales. Current P/E ratio is 207.09 and Fwd P/E is 100.42. Profit margin for the company is 1.82%. Distance from 52-week low is 80.30% and -14.42% from its 52-week high. The company has generated returns on investments over the last 12 months (1.70%).
The EPS is expected to grow by 84.80% this year
The shares outstanding are 39.47M, and float is at 37.47M with Short Float at 8.43%.
Shake Shack Inc (SHAK) Insider Activity
The most recent transaction is an insider sale by Flug Jeffrey, the company’s Director. SEC filings show that Flug Jeffrey sold 304 shares of the company’s common stock on Apr 04 ’24 at a price of $103.01 per share for a total of $31315.0. Following the sale, the insider now owns 3754.0 shares.
Shake Shack Inc disclosed in a document filed with the SEC on Mar 04 ’24 that Flug Jeffrey (Director) sold a total of 304 shares of the company’s common stock. The trade occurred on Mar 04 ’24 and was made at $108.05 per share for $32846.0. Following the transaction, the insider now directly holds 4058.0 shares of the SHAK stock.
Still, SEC filings show that on Mar 01 ’24, Meyer Daniel Harris (Director) disposed off 40,000 shares at an average price of $106.34 for $4.25 million. The insider now directly holds 480,437 shares of Shake Shack Inc (SHAK).
