A share price of Shake Shack Inc [SHAK] is currently trading at $90.64, up 1.00%. An important factor to consider is whether the stock is rising or falling in short-term value. The SHAK shares have gain 9.51% over the last week, with a monthly amount drifted -18.51%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Shake Shack Inc [NYSE: SHAK] stock has seen the most recent analyst activity on January 08, 2025, when Gordon Haskett upgraded its rating to a Buy but kept the price target unchanged to $154 for it. Previously, Barclays upgraded its rating to Overweight on January 07, 2025, and elevated its price target to $159. On August 19, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $114 on the stock. CapitalOne started tracking the stock assigning a Overweight rating and suggested a price target of $95 on July 29, 2024. Goldman initiated its recommendation with a Buy and recommended $110 as its price target on June 13, 2024. Oppenheimer reiterated a Outperform rating for this stock on March 22, 2024, and upped its price target to $120. In a note dated March 07, 2024, TD Cowen upgraded an Outperform rating on this stock and boosted its target price from $91 to $125.
Shake Shack Inc experienced fluctuations in its stock price throughout the past year between $77.50 and $139.89. Currently, Wall Street analysts expect the stock to reach $129 within the next 12 months. Shake Shack Inc [NYSE: SHAK] shares were valued at $90.64 at the most recent close of the market. An investor can expect a potential return of 42.32% based on the average SHAK price forecast.
Analyzing the SHAK fundamentals
Trailing Twelve Months sales for Shake Shack Inc [NYSE:SHAK] were 1.25B which represents 14.83% growth. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.7.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 88.79 points at the first support level, and at 86.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 92.06, and for the 2nd resistance point, it is at 93.49.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Shake Shack Inc [NYSE:SHAK] is 1.97. On the other hand, the Quick Ratio is 1.93, and the Cash Ratio is 1.71. Considering the valuation of this stock, the price to sales ratio is 3.08, the price to book ratio is 7.73 and price to earnings (TTM) ratio is 385.21.
Transactions by insiders
Recent insider trading involved Fogertey Katherine Irene, Chief Financial Officer, that happened on Dec 11 ’24 when 642.0 shares were sold. Chief Financial Officer, Fogertey Katherine Irene completed a deal on Dec 12 ’24 to sell 642.0 shares. Meanwhile, Chief Financial Officer Fogertey Katherine Irene sold 642.0 shares on Nov 06 ’24.
