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Shake Shack Inc. (SHAK)

NYSE - Nasdaq Real Time Price. Currency in USD
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69.29-2.33 (-3.25%)
At close: 04:00PM EST
69.50 +0.21 (+0.30%)
After hours: 07:58PM EST
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  • P
    Pat
    Anyone thinking of dipping in to SHAK stock should be careful. There may be pumping & dumping at work. After last quarter's unremarkable (many would say poor) results, SHAK stock shot up from 78 to 100 in a single day (Nov. 5) , only to fall back to 68 within a month (Dec. 3). Just last quarter, analysts were forecasting 4Q revenue at $202.1 million. Then they slowly ratcheted it down to $197.9 million. Now, a couple months later, SHAK says sales will be $203.3 million after all, a paltry 0.6% increase from the previous forecast and the stock miraculously shoots up 13%. What they didn't release today were profits (maybe losses?) and 1Q2022 sales guidance. That's because I don't think those numbers will be pretty. We may see the stock in the 50 -60 range sooner rather than later.
  • D
    DAVE
    Same-store-sales only up 2.2% over 2019 levels doesn't sound very impressive considering McDonald's and Chipotle s-s-s are already up 10 to 20% over 2019 levels.
  • s
    shake
    so a 3 million in revenue beat with lower projected sales/store hours due to covid and a 16% gain makes sense??? Only in America.
  • S
    Stas
    Wait till the guidance for Q1 and FY22 is announced lol! Will tank like no tomorrow since it is priced as a growth stock, but without any growth as we will see in the guidance...worth no more than $30 being generous...cheers and lets enjoy the upcoming show everyone!!
  • s
    stuckinsideamobile
    I do not get who is buying this hype. I drive by a Shake Shack on my way to work, when I go to lunch, and when I go home and there is NEVER anyone in this joint. Who actually eats this stuff? I went there once and never again.
  • J
    Jeff Jones
    They only reason they're beating forecasts is because forecasts have been continuously lowered.
  • C
    Chris
    Press release sounds like a prelude to poor 1st quarter guidance.
    This temporary bump is a good time to sell.
  • L
    Lee
    I wonder who made money with that press release that caused SHAK to jump from $68 to $80 a share on Tuesday? Now, three days later, it's back down to $68. Probably the same people who made money when it jumped from $78 to $100 in November, and then right back down.
  • s
    shake
    same old pump and dump. SSS were poor. this is a hedge fund chewy toy. no reason this is up 15%. Will come back down, get ready to short this and hard
  • S
    Senor
    I’ll buy in around 45… as soon as interest rates start moving this will start fall just need to be patient
  • W
    William
    The pumping was yesterday.
    The dumping today.
  • I
    IPO
    I went to Shake Shack yesterday. Ordered a cheeseburger with bacon (single patty), regular fries, and milkshake. With tax the total came to $18.35. That's very expensive. And Shake Shack still isn't profitable. If they can't make money with those high prices, I don't know if they ever will.
  • J
    Jeff Jones
    Shake Shack expected 2022 profit/share: 12 cents
    Wendy's expected 2022 profit/share: 89 cents

    And Shake Shack is trading @ $70 whereas Wendy's is only trading @ $22.

    SHAK is way overvalued. It's P/E ratio for next year comes out to 580. WEN's is only 25.

    It's no wonder why insiders of Shake Shack have already sold a lot of shares.
  • N
    Navid
    Been looking at buying SHAK for a while. Would this be a long term hold? My concern is that even with their high prices, they still aren’t profitable.
  • s
    shake
    great way to add losses to your already loss bottom line. Give away free fries. smart.
  • B
    Beachside
    16% Shack level profit margin. Nice.
  • A
    ApexGambit
    this is about to explode up 👀
    Bullish
  • J
    Jeff Jones
    McDonald's stock is up, but Shake Shack is down 3 points. Wall Street is now looking for companies that make money. SHAK won't be making money for a long time. It's going back to $30 a share.
  • S
    Sales101
    February 18 Puts are in order now.
  • A
    Anonymous
    Uhhhhh what happened to this being worth almost $80 a share (*checks notes) 3 days ago?
    Neutral
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