Shake Shack Inc (NYSE: SHAK) is -32.60% lower on its value in year-to-date trading and has touched a low of $77.50 and a high of $139.89 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SHAK stock was last observed hovering at around $82.77 in the last trading session, with the day’s gains setting it 4.71%.
Currently trading at $87.48, the stock is -14.26% and -22.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.61 million and changing 5.69% at the moment leaves the stock -19.10% off its SMA200. SHAK registered -14.59% loss for a year compared to 6-month gain of -11.90%. The firm has a 50-day simple moving average (SMA 50) of $112.83 and a 200-day simple moving average (SMA200) of $108.1401.
The stock witnessed a -18.03% loss in the last 1 month and extending the period to 3 months gives it a -34.36%, and is -5.37% 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 5.71% over the week and 5.93% over the month.
Shake Shack Inc (SHAK) has around 12826 employees, a market worth around $3.72B and $1.25B in sales. Current P/E ratio is 371.78 and Fwd P/E is 55.34. Profit margin for the company is 0.81%. Distance from 52-week low is 12.88% and -37.47% from its 52-week high. The company has generated returns on investments over the last 12 months (0.84%).
with sales reaching $330.48M over the same period.The EPS is expected to grow by 39.66% this year, but quarterly earnings will post 16.96% year-over-year. Quarterly sales are estimated to grow 13.76% in year-over-year returns.
Shake Shack Inc (SHAK) Top Institutional Holders
480.0 institutions hold shares in Shake Shack Inc (SHAK), with institutional investors hold 107.01% of the company’s shares. The shares outstanding are 40.07M, and float is at 38.07M with Short Float at 10.97%. Institutions hold 101.48% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 5.94 million shares valued at $534.97 million. The investor’s holdings represent 15.0428% of the SHAK Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.37 million shares valued at $393.71 million to account for 11.0706 of the shares outstanding. The other top investors are 12 WEST CAPITAL MANAGEMENT LP which holds 1.79 million shares representing 4.5109% and valued at over $161.38 million, while GILDER GAGNON HOWE & CO LLC holds 3.9417 of the shares totaling 1.57 million with a market value of $141.01 million.
Shake Shack Inc (SHAK) Insider Activity
The most recent transaction is an insider sale by Fogertey Katherine Irene, the company’s Chief Financial Officer. SEC filings show that Fogertey Katherine Irene sold 642 shares of the company’s common stock on Dec 11 ’24 at a price of $137.51 per share for a total of $88284.0. Following the sale, the insider now owns 30717.0 shares.
Shake Shack Inc disclosed in a document filed with the SEC on Dec 12 ’24 that Fogertey Katherine Irene (Chief Financial Officer) sold a total of 642 shares of the company’s common stock. The trade occurred on Dec 12 ’24 and was made at $135.49 per share for $86986.0. Following the transaction, the insider now directly holds 30075.0 shares of the SHAK stock.
Still, SEC filings show that on Nov 06 ’24, Fogertey Katherine Irene (Chief Financial Officer) disposed off 642 shares at an average price of $133.24 for $85541.0. The insider now directly holds 31,359 shares of Shake Shack Inc (SHAK).
