SHAK - Shake Shack Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
+0.71 (+0.70%)
As of 3:33PM EDT. Market open.
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Previous Close100.78
Bid101.48 x 800
Ask101.54 x 1000
Day's Range101.39 - 103.68
52 Week Range40.67 - 105.84
Avg. Volume956,540
Market Cap4.058B
Beta (3Y Monthly)1.30
PE Ratio (TTM)195.17
EPS (TTM)0.52
Earnings DateOct 30, 2019 - Nov 4, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est81.00
Trade prices are not sourced from all markets

    Shake Shack Is Winning in Its Chicken Challenge, Analyst Says

    The addition of chicken nuggets to the menu hurt margins initially, but management has adjusted to the change, Stifel analyst Chris O’Cull says.

  • Benzinga

    'Fast Money' Traders Share Their Thoughts On Shake Shack, Shopify And More

    On CNBC's "Fast Money Halftime Report," Sarat Sethi said that he owns Blackstone Group Inc (NYSE: BX) for a while. If your timeframe is longer than the next 12 months, you want to be in Shopify Inc (NYSE: SHOP), said Joe Terranova. Margaret Reid owns UnitedHealth Group Inc (NYSE: UNH).

  • 7 Stocks to Buy Benefiting From Millennial Money

    7 Stocks to Buy Benefiting From Millennial Money

    Millennials are one of the largest generations in history, and yet they continue to get a bad rap for either being fiscally irresponsible or for failing to keep certain industries alive as their parents did. However, according to CB Insights, Generation Y are expected to receive $30 trillion in wealth over the next couple of decades, and this transfer of wealth is going to transform many industries that will benefit from their increased spending power. While many tend to point to millennials' focus on experiences, it's also true that they like many of the same things that baby boomers and Gen X's before them do. InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe companies that will win in the next 10-20 years are those that reprioritize around Generation Y. By embracing new technology to provide affordable products in a customized manner, companies can benefit from the spending habits of millennials. * 10 Battered Tech Stocks to Buy Now CB Insights has identified 12 industries that should benefit from Gen Y. Here are seven stocks to buy from seven of those industries identified as winners. Camping Stocks, Thor Industries (THO)Source: Shutterstock Millennials are driving the growth in camping, literally and figuratively. In 2018, almost 80 million Americans went camping, many of them millennials. "Last year, 56% of all new campers were millennials (up from 51% in 2017), and 41% of total reported campers were millennials," CB Insights report on millennials stated. "Part of millennials' enthusiasm for camping springs from the fact that many of them are entering their prime spending years and starting families of their own."Millennials are looking for relatively inexpensive forms of relaxation. Many are opting for recreational vehicles rather than good old fashioned camping in a tent. One company that continues to benefit from the millennials attraction to camping is Thor Industries (NYSE:THO), who manufactures trailers and motor coaches under many different brand names including Air Stream, the classic silver trailer that Americans know and love. In 2018, RV shipments were 483,672, the second-largest number since the Recreational Vehicle Industry Association's been tracking sales. Only 2017 was better. To meet the demand of younger campers, Airstream offers the Nest, a compact trailer that costs just $46,000 to buy, making the open road a more cost-effective alternative to buying a cabin or staying at a five-year hotel on every vacation. Stocks to Buy: Fitness Stocks, Lululemon (LULU)Source: Richard Frazier / You can call millennials a lot of things but don't call them lazy. According to CB Insights' report, 76% of millennials exercise at least once a week, more than Gen Xers at 70% and boomers at 64%. Millennials are dropping close to $7 billion each year on gym memberships, double what Gen Xers and boomers do. Naturally, you'd think I'd recommend a fitness club chain such as Planet Fitness (NYSE:PLNT), whose stock's done well since going public in 2015. However, the capital requirements of fitness facilities make them terrible investments when the economy sours. So, I'd rather bet on a company like Lululemon (NASDAQ:LULU), that's making sure millennials not only are dressed to perform while exercising, but they look good doing it. Lululemon reported Q2 2019 results September 5 that were off-the-charts good. "Exceptional" 2Q results further demonstrate that Lulu is the "premiere retailer in our (and likely any) coverage universe and is deserved of a premium valuation," wrote Susquehanna analyst Sam Poser. "Best-in-class" execution and customer engagement, including a new loyalty program which has so far only launched in four North American cities, and innovative product offerings should continue to drive "top-tier results." * 10 Healthcare Stocks to Buy Despite the Headlines With the company expecting double-digit earnings gains each year until at least 2023, the sky is the limit for LULU stock. Travel Stocks, Booking Holdings (BKNG)Source: Shutterstock While it can be stereotyping to say all millennials thrive on experiences rather than buying stuff, they do indeed like to travel. "An Airbnb study from 2016 showed that many millennials prioritize saving for their next trip over paying off debts or saving to purchase their first home," CB Insights report stated. "Another found that 21% of millennials would accept a lower salary if it meant they could travel more frequently." However, just because they want to travel, doesn't mean they want to do it in the same manner as their parents. Therefore, for travel companies to be successful, they've got to provide a combination of unique experiences, budget prices, and excellent customer service; three things that aren't easy to deliver.Booking Holdings (NASDAQ:BKNG), which used to be known as Priceline, increased its roster of available homes and apartments on its website in 2018 by 47% to 1.75 million. At the same time,'s hotel portfolio increased by just 10% to 436,000. The push toward a pre-pay business model where alternative accommodations are paid for ahead of time as opposed to at the time of hotel stay, is in large part being driven by the millennials desire to stay somewhere more authentic or local.While it makes Booking's business a little trickier, it's the wave of the future, and much better for cash flow. Fast Casual Dining, Shake Shack (SHAK)Source: JHENG YAO / If you want to please millennials and you operate in the restaurant industry, you've got to be fast because Gen Y is always on the go. According to the CB Insights report, 40% of millennials eat on the go, significantly higher than either Gen Xers at 26% and boomers at 19%. Not only that, but millennials want a good deal with that tasty burger to go. One of the biggest trends in the restaurant industry at the moment is plant-based meat, also known as Meat 2.0. Shake Shack (NYSE:SHAK), whose stock is up 114% year to date through September 10, is one of the fast-casual dining establishments to jump on meatless burgers. It's sold the Shroom Burger for years, a fried portobello mushroom stuffed with cheese and served on a bun. That said, it still hasn't embraced the Beyond Meat (NASDAQ:BYND) movement as other concepts have. But it's working on it. "I think we're going to keep an eye on that, but the meat substitute is not as interesting to us right now," Shake Shack CMO Jay Livingston told Ad Age in August. "We're really interested in creating, like a veggie experience that people are super excited about. We're kind of figuring out what that might look like right now.Business is good at Shake Shack. * 10 Stocks to Sell in Market-Cursed September It is the 90th largest restaurant chain in the U.S. Its same-store sales rose 3.6% in the second quarter with overall revenues growing by 31% due to more store openings. It plans to open as many as 60 locations in 2019, which should help keep SHAK stock moving higher in 2020. Coffee Stocks, Starbucks (SBUX)Source: monticello / On the one hand, the fact that millennials love coffee is excellent news for Starbucks (Nasdaq:SBUX), whose U.S. stores had seen several quarters of slower than average same-store sales growth before breaking out in the third quarter with a 7% increase in U.S. comps. On the other hand, millennials are predisposed to try boutique coffee roasters, which Starbucks is not. To make matters worse, Starbucks released revised 2020 guidance September 4, that suggests its earnings growth next year won't meet its "ongoing growth model of 10%."However, much of the slowdown has to do with one-time tax benefits in 2019. The company itself continues to do just fine. "I would say that we're firing on all cylinders from an operating performance perspective with the focus and discipline necessary to drive growth at scale for a company like Starbucks and our long-term double-digit EPS growth model is fully intact," CFO Pat Grismer stated recently while speaking at the Goldman Sachs' Global Retailing Conference. Furthermore, as a result of its stock generating a year to date total return of 42% through September 10, Starbucks has made $2 billion in share repurchases this fiscal year instead of next year so that it can deliver on its promise of share repurchases delivering 2% EPS growth in 2019. While SBUX stock might get knocked around from time to time, it's operationally one of the best companies in America. Oh, and millennials love their cold drinks. Frozen Foods, Kellogg (K)Source: DenisMArt / The global frozen food market is projected to grow to $290 billion by 2021. Two stats suggest that millennials are driving a frozen food renaissance: First, millennials spent 9% more on frozen foods per trip to the grocery store in 2017 than other demographics. Furthermore, frozen food sales in the U.S. in 2018 grew for the first time in five years, thanks in large part to millennials. Frozen foods meet the millennials desire to eat healthy, fast, and relatively inexpensively. One company that's benefiting from the resurgence in both frozen foods and plant-based meats is Kellogg (NYSE:K), the company better known for Special K and Frosted Flakes. However, between its Eggo and Morningstar Farms brands, Kellogg's managed to increase frozen sales by 3.2% in the second quarter ended June 29, only 50 basis points less than its snacks division, which counts Pringles and Pop-Tarts amongst its brands. On September 4, the company introduced Incogmeato by MorningStar brands, a portfolio of products that are both ready-to-cook and frozen including a plant-based burger and Chik'n tenders and nuggets. "We know that about three-fourths of Americans are open to plant-based eating, yet only 1 in 4 actually purchase a plant-based alternative," said Sara Young, General Manager, MorningStar Farms, Plant-Based Proteins. "We know the number one barrier to trying plant-based protein is taste. These consumers are still seeking the amazing taste, texture, and sizzling qualities of meat but want a better alternative for themselves and the planet." * Take Buffett's Advice: 5 Vanguard Funds to Buy They're expected to be available early in 2020. Personal Finance Stocks, Intuit (INTU)Source: dennizn / Millennials have the highest student loan debt of any previous generation. Combine this with the fact the cost of living is rising faster than it has in the past decade, and it's no wonder millennials are willing to try personal finance apps that help them save money that they can use to pay down debt."One of the most popular verticals for personal finance tech is banking. In one survey, 71% of millennials said that they would rather go to the dentist than listen to what a bank has to tell them -- a sentiment driven largely by poor customer service and poor technological integration," stated the CB Insights report on millennials.However, rather than recommend a bank that uses technology, I'm going to suggest Intuit (NASDAQ:INTU), the granddaddy of fintech companies. Most investors are probably familiar with Intuit's main products: QuickBooks and TurboTax. The former focused on small businesses and the latter on taxpayers of all sizes. In fiscal 2019, it generated $2.2 billion in free cash flow from $6.8 billion in revenue. I love companies that grow their free cash flow each year by double digits. Intuit does this by investing in R&D. In fiscal 2019, it spent $1.2 billion on new products and innovation, approximately 18% of its annual revenue. It plans to spend most of this money improving its existing products. One free Intuit product that millennials use quite frequently is Mint, and while other apps get higher ratings, the fact that a $69 billion company develops it ought to be comforting to most.Long term you can't go wrong with INTU.At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Battered Tech Stocks to Buy Now * 7 Strong-Buy Stocks Hedge Funds Are Buying Now * The 7 Best Penny Stocks to Buy The post 7 Stocks to Buy Benefiting From Millennial Money appeared first on InvestorPlace.


    Shake Shack Inc (SHAK) CEO Randall J Garutti Sold $6.2 million of Shares

    CEO of Shake Shack Inc (30-Year Financial, Insider Trades) Randall J Garutti (insider trades) sold 60,000 shares of SHAK on 09/09/2019 at an average price of $103 a share. Continue reading...

  • Why McDonald's is turning its drive-thru menu into an Amazon Alexa-like device
    Yahoo Finance

    Why McDonald's is turning its drive-thru menu into an Amazon Alexa-like device

    McDonald's efforts to digitize its drive through menu board makes sense.

  • Dave & Buster's (PLAY) Q2 Earnings Top, Stock Down on View Cut

    Dave & Buster's (PLAY) Q2 Earnings Top, Stock Down on View Cut

    Dave & Buster's (PLAY) top line in second-quarter fiscal 2019 gains from solid Amusements and Other revenues as well as Food and Beverage revenues.

  • McDonald's Apprente Buyout to Boost Technology Offerings

    McDonald's Apprente Buyout to Boost Technology Offerings

    McDonald's (MCD) announces the acquisition of Apprente, a voice-based conversational system startup.

  • Restaurant Stocks Dip, Fight for Morning Traffic Heats Up
    Market Realist

    Restaurant Stocks Dip, Fight for Morning Traffic Heats Up

    Restaurant stocks closed lower on Tuesday as the fight to win the morning traffic intensified. Wendy’s will expand its breakfast menu nationwide in 2020.

  • Zacks

    Wendy's Plans to Launch Breakfast Nationwide, Trims 2019 View

    Wendy's (WEN) plans to launch its breakfast menu across the United States by 2020.

  • Should Shake Shack Inc. (NYSE:SHAK) Focus On Improving This Fundamental Metric?
    Simply Wall St.

    Should Shake Shack Inc. (NYSE:SHAK) Focus On Improving This Fundamental Metric?

    Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...

  • Motley Fool

    How to Invest in Fast-Food Stocks

    You can profit from investing in the high-growth, easy-to-understand fast-food industry.

  • Red Robin Rejects Vintage Capital Buyout Offer, Appoints CEO

    Red Robin Rejects Vintage Capital Buyout Offer, Appoints CEO

    Red Robin (RRGB) turns down Vintage Capital Management's offer to acquire 100% of the company's shares for $40 per share.

  • Shake Shack to open second location in St. Louis
    American City Business Journals

    Shake Shack to open second location in St. Louis

    The burger chain, founded by St. Louis native Danny Meyer, is heading west for its second location in St. Louis.

  • Zacks

    McDonald's Ties Up With Grubhub to Augment Delivery Services

    McDonald's (MCD) partners with Grubhub for the rollout of McDelivery to nearly 500 restaurants in the NYC and Tri-State Area.

  • Starbucks Trims 2020 Earnings Forecast, Long-term View Intact

    Starbucks Trims 2020 Earnings Forecast, Long-term View Intact

    Starbucks (SBUX) warns that its earnings in fiscal 2020 are likely to be below its long-term growth target of a minimum of 10%.

  • American City Business Journals

    Slideshow: See inside the newly opened Short North Shake Shack

    Shake Shack’s second Columbus restaurant is now open. The popular New York-based eatery finally arrived in Central Ohio this spring with a unit at Easton Town Center. Its Short North restaurant at 740 N. High St. on the ground level of what will be the Graduate Columbus hotel opened Wednesday.

  • Yum China (YUMC) Rides on Unit Expansion & Menu Innovation

    Yum China (YUMC) Rides on Unit Expansion & Menu Innovation

    Yum China (YUMC) banks on accelerated store openings, robust performance at KFC, menu innovation and increased focus on technology to drive growth.

  • Why Shake Shack Stock Gained 33% in August
    Motley Fool

    Why Shake Shack Stock Gained 33% in August

    The "better burger" chain raised its growth outlook after a strong second-quarter report.

  • McDonald's Strategic Efforts Bode Well: Should You Hold?

    McDonald's Strategic Efforts Bode Well: Should You Hold?

    McDonald's (MCD) robust delivery channel, accelerated deployment of EOTF restaurants, sales-building initiatives and growth in international markets bode well.

  • How Shake Shack Shares Have More Than Doubled This Year
    Motley Fool

    How Shake Shack Shares Have More Than Doubled This Year

    After a few years in the doldrums, the better burger chain's stock is back to setting new all-time highs.

  • MoneyShow

    Bernie's Options for Eating Out

    Bernie Schaeffer is a leading expert in options trading and his flagship newsletter, The Options Advisor, has been published since 1981. Each month, he features 10 buy recommendations -- including these two food and beverage bets.

  • Taco Bell scales back menu, cuts 2 Doritos Locos Tacos flavors
    Yahoo Finance

    Taco Bell scales back menu, cuts 2 Doritos Locos Tacos flavors

    In order to simplify current menu options and make room for future menu items, Taco Bell is cutting nine items on September 12.

  • Business Wire

    Shake Shack to Participate in Goldman Sachs 26th Annual Global Retailing Conference

    Shake Shack Inc. , today announced Chief Executive Officer Randy Garutti and Chief Financial Officer Tara Comonte will be hosting a fireside chat at the Goldman Sachs 26th Annual Global Retailing Conference in New York at 10:35 a.m.

  • Popeyes' new fried chicken sandwich has created a frenzy in its stores: new data
    Yahoo Finance

    Popeyes' new fried chicken sandwich has created a frenzy in its stores: new data

    Hat tip to you Popeyes Louisiana Kitchen for cutting through the clutter in the fast-food industry this summer.