Brokers Set Expectations for Shake Shack Inc.’s FY2025 Earnings (NYSE:SHAK)

Shake Shack Inc. (NYSE:SHAK) – Equities research analysts at William Blair dropped their FY2025 earnings per share estimates for shares of Shake Shack in a research report issued on Wednesday, April 24th. William Blair analyst S. Zackfia now anticipates that the company will post earnings per share of $0.96 for the year, down from their prior forecast of $0.97. The consensus estimate for Shake Shack’s current full-year earnings is $0.71 per share.

Other equities research analysts also recently issued research reports about the stock. Wedbush restated a “neutral” rating and issued a $80.00 target price on shares of Shake Shack in a research note on Wednesday, February 14th. Truist Financial upped their price objective on shares of Shake Shack from $112.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, April 2nd. BTIG Research increased their price objective on shares of Shake Shack from $110.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, March 14th. StockNews.com cut Shake Shack from a “hold” rating to a “sell” rating in a research note on Monday, March 4th. Finally, Raymond James lifted their target price on Shake Shack from $90.00 to $115.00 and gave the company a “strong-buy” rating in a research report on Friday, February 16th. Two analysts have rated the stock with a sell rating, ten have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $88.67.

Shake Shack Stock Performance

NYSE:SHAK opened at $105.80 on Monday. The company has a quick ratio of 2.01, a current ratio of 2.04 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $4.48 billion, a PE ratio of 230.00, a price-to-earnings-growth ratio of 3.78 and a beta of 1.80. Shake Shack has a 12-month low of $52.64 and a 12-month high of $110.90. The firm has a 50-day moving average price of $101.55 and a 200 day moving average price of $78.98.

Shake Shack (NYSE:SHAK) last posted its quarterly earnings results on Thursday, February 15th. The company reported $0.02 EPS for the quarter. The firm had revenue of $286.20 million during the quarter, compared to analysts’ expectations of $280.45 million. Shake Shack had a return on equity of 3.67% and a net margin of 1.82%. The company’s revenue for the quarter was up 20.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.06) EPS.

Insider Buying and Selling at Shake Shack

In other news, Director Daniel Harris Meyer sold 23,966 shares of the company’s stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $100.13, for a total transaction of $2,399,715.58. Following the completion of the sale, the director now directly owns 526,471 shares in the company, valued at approximately $52,715,541.23. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, Director Daniel Harris Meyer sold 23,966 shares of the company’s stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $100.13, for a total transaction of $2,399,715.58. Following the completion of the sale, the director now directly owns 526,471 shares in the company, valued at approximately $52,715,541.23. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Jeffrey Flug sold 304 shares of the firm’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $108.05, for a total value of $32,847.20. Following the completion of the sale, the director now directly owns 4,058 shares in the company, valued at $438,466.90. The disclosure for this sale can be found here. Insiders have sold a total of 100,760 shares of company stock valued at $10,190,420 in the last ninety days. 10.06% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Shake Shack

A number of institutional investors have recently added to or reduced their stakes in the stock. 12 West Capital Management LP boosted its stake in shares of Shake Shack by 82.2% during the third quarter. 12 West Capital Management LP now owns 1,659,600 shares of the company’s stock valued at $96,373,000 after purchasing an additional 748,789 shares in the last quarter. Linonia Partnership LP acquired a new stake in Shake Shack during the 4th quarter worth approximately $41,046,000. Qube Research & Technologies Ltd grew its holdings in Shake Shack by 130.0% during the 3rd quarter. Qube Research & Technologies Ltd now owns 436,888 shares of the company’s stock worth $25,370,000 after acquiring an additional 246,952 shares during the last quarter. Van Berkom & Associates Inc. increased its position in Shake Shack by 19.3% in the 3rd quarter. Van Berkom & Associates Inc. now owns 1,046,339 shares of the company’s stock valued at $60,761,000 after acquiring an additional 168,947 shares during the period. Finally, Norges Bank acquired a new position in Shake Shack in the 4th quarter valued at approximately $12,238,000. 86.07% of the stock is currently owned by institutional investors and hedge funds.

About Shake Shack

Shake Shack Inc owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States and internationally. Its Shacks offers hamburgers, chicken, hot dogs, crinkle cut fries, shakes, frozen custard, beer, wine, and other products. The company was founded in 2001 and is headquartered in New York, New York.