Zacks Research Lifts Earnings Estimates for Shake Shack

Shake Shack Inc. (NYSE:SHAK) – Zacks Research lifted their FY2025 earnings estimates for Shake Shack in a research note issued on Thursday, March 6th. Zacks Research analyst H. Ray now expects that the company will earn $1.26 per share for the year, up from their previous forecast of $1.24. The consensus estimate for Shake Shack’s current full-year earnings is $1.26 per share. Zacks Research also issued estimates for Shake Shack’s Q4 2026 earnings at $0.48 EPS and FY2027 earnings at $1.87 EPS.

A number of other research firms also recently weighed in on SHAK. TD Securities restated a “buy” rating and issued a $140.00 price target on shares of Shake Shack in a research note on Friday, February 21st. Wedbush raised their price target on shares of Shake Shack from $115.00 to $125.00 and gave the company a “neutral” rating in a research note on Friday, February 21st. Oppenheimer raised their price target on shares of Shake Shack from $145.00 to $155.00 and gave the company an “outperform” rating in a research note on Tuesday, January 7th. Gordon Haskett upgraded shares of Shake Shack from a “hold” rating to a “buy” rating and set a $154.00 price target on the stock in a research note on Wednesday, January 8th. Finally, Barclays upgraded shares of Shake Shack from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $125.00 to $159.00 in a research note on Tuesday, January 7th. One analyst has rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, Shake Shack presently has an average rating of “Hold” and an average price target of $125.50.

Shake Shack Trading Down 1.0 %

SHAK opened at $92.64 on Friday. The company’s 50 day moving average is $117.32 and its 200-day moving average is $116.41. Shake Shack has a 1-year low of $77.50 and a 1-year high of $139.89. The company has a current ratio of 1.97, a quick ratio of 1.98 and a debt-to-equity ratio of 0.50. The company has a market cap of $3.94 billion, a P/E ratio of 402.78 and a beta of 1.89.

Shake Shack (NYSE:SHAK) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.01. Shake Shack had a net margin of 0.81% and a return on equity of 8.40%. The business had revenue of $328.68 million during the quarter, compared to analysts’ expectations of $329.02 million.

Institutional Trading of Shake Shack

Several hedge funds have recently modified their holdings of SHAK. Private Advisor Group LLC bought a new stake in shares of Shake Shack in the 3rd quarter valued at $279,000. New York State Teachers Retirement System increased its stake in shares of Shake Shack by 1.7% in the 3rd quarter. New York State Teachers Retirement System now owns 39,025 shares of the company’s stock valued at $4,028,000 after acquiring an additional 650 shares in the last quarter. QRG Capital Management Inc. increased its stake in shares of Shake Shack by 14.9% in the 3rd quarter. QRG Capital Management Inc. now owns 3,997 shares of the company’s stock valued at $413,000 after acquiring an additional 519 shares in the last quarter. Amalgamated Bank increased its stake in shares of Shake Shack by 1.8% in the 3rd quarter. Amalgamated Bank now owns 11,721 shares of the company’s stock valued at $1,210,000 after acquiring an additional 211 shares in the last quarter. Finally, Radnor Capital Management LLC bought a new stake in shares of Shake Shack in the 3rd quarter valued at $320,000. Institutional investors own 86.07% of the company’s stock.

Insiders Place Their Bets

In other Shake Shack news, CFO Katherine Irene Fogertey sold 642 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $137.51, for a total transaction of $88,281.42. Following the completion of the transaction, the chief financial officer now owns 30,717 shares in the company, valued at approximately $4,223,894.67. This trade represents a 2.05 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 9.73% of the company’s stock.

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.