|Bid||0.00 x 1000|
|Ask||0.00 x 900|
|Day's Range||53.86 - 58.92|
|52 Week Range||34.60 - 70.12|
|Beta (3Y Monthly)||0.72|
|PE Ratio (TTM)||401.62|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Short interest is moderate for SHAK with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last one-month, outflows of investor capital in ETFs holding SHAK totaled $2.20 billion.
“Restaurants need to demand antibiotic restrictions from their beef suppliers. We simply cannot afford to lose life-saving medicines to produce a slightly cheaper burger.”
Short interest is moderate for SHAK with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The net inflows of $2.25 billion over the last one-month into ETFs that hold SHAK are not among the highest of the last year and have been slowing.
Snap (NYSE:SNAP) has been a total and utter disaster. Snap stock is down a whopping 50% so far this year and more than 70% from its highs. Heck, even from its March 2017 IPO price of $17 per share, SNAP shares are down almost 60%.
Grubhub, Cheesecake Factory, Shake Shack, and Ruth's Hospitality Group will be big beneficiaries of a new statement credit feature for American Express Gold Card users.
Shake Shack and Macrina Bakery are open and the new Grand Central Bakery and Daniel's Broiler are not far off.
If you’ve ever dined out in St. Louis, you’ve probably set foot in a restaurant built by Spiegelglass Construction Co.
Randy Garutti discusses his plans for the Seattle area, the special local burger and why Shake Shack shook up its model for the newest store.
This small "better burger" concept known for its Chargburgers is feeding investors well with a 70% gain this year.
A Pitch company raises a big Series B round led by the founder of Shake Shack, 11 other Bay Area startups score nearly $275 million in funding, new targets were set for two upcoming IPOs and a former NEA partner starts a new fund. Read more about all this midweek news here.
Restaurant chain Shake Shack Inc. (NYSE: SHAK ) is among the fastest-growing publicly traded restaurants , but that isn't reason enough to buy the stock, according to Stifel. The Analyst Stifel's Chris ...
The company behind fast-casual burger chain Shake Shack joined Intel Capital, 500 Startups and 645 Ventures.
Goldbelly raises $20 million in Series B funding led by Shake Shack founder Danny Meyer's Enlightened Hospitality Investments. Founded by Joe Ariel, Goldbelly was created not to bring the fastest or cheapest meal to your door, but the most authentic. When an unsolicited six pack of Ted Drewes Frozen Custard arrived at Shake Shack founder Danny Meyer's door four years ago, he became nostalgic about his hometown.
There is "no doubt" restaurant stocks are going higher, according to Piper Jaffray's Nicole Miller Regan. McDonald's, Shake Shack, Chipotle and Potbelly are among the companies Regan predicts will perform well. There is "no doubt" restaurant stocks are going higher, according to Nicole Miller Regan, senior restaurant analyst for Piper Jaffray PJC .
UPDATE: Shake Shack said on Wednesday that its first Seattle store will open Oct. 11 at 11 a.m. EARLIER: While the opening date of Shake Shack in Seattle has been pushed back to an as-yet-unannounced date, the New York burger chain opened its doors to show off what its first Washington (first Pacific Northwest actually) restaurant looks like. The company announced the restaurant would open on Saturday Oct. 6, but now says that due to "some last minute adjustments that needed to be made," that date is being pushed back and to expect the opening "very soon." Washington's first Shake Shack is at 2115 Westlake Ave. in the Denny Triangle neighborhood, in the heart of Amazon's Seattle headquarter campus. For the first time, Shake Shack is serving a city-specific burger.
Restaurant chain Shake Shack (NYSE:SHAK) is a throwback style restaurant that serves hamburgers, hot, dogs, french fries and milkshakes. From 2014 through 2017, Shake Shack’s gross profit grew from $44.5 million to over $140 million.
In addition to cost-cutting kiosks, Washington's first Shake Shack will have a Seattle-specific burger called the Montlake Double Cut.
The Nasdaq and small-cap indexes kept the bull run alive on Wall Street Tuesday. Market leader Square continues to sculpt a big uptrend and hit new highs.
Of the 32 analysts following Chipotle Mexican Grill (CMG), 31.3% recommend “buy,” 56.3% recommend “hold,” and 12.5% recommend “sell.” Their average price target of $471.70 implies a 0.9% upside to its stock price of $467.73.
In the next four quarters, analysts expect Chipotle Mexican Grill’s (CMG) EPS to grow 33.2% YoY (year-over-year) to $10.22 from $7.67, driven by revenue growth and net margin expansion. They expect the company’s net margin to expand YoY to 5.5% from 4.2%, driven by higher menu prices and sales leverage from positive SSSG (same-store sales growth), and offset by higher wages and general and administrative expenses.
Could Chipotle’s Price Correction Mean a Buying Opportunity? In the next four quarters, analysts expect Chipotle Mexican Grill’s (CMG) revenue to grow 8.3% YoY (year-over-year) to $5.04 billion from $4.65 billion, driven by the addition of new restaurants and positive SSSG (same-store sales growth). After posting its second-quarter earnings, Chipotle raised its SSSG guidance for 2018 from low single digits to mid-to-high single digits.
Chipotle Mexican Grill’s (CMG) strong second-quarter earnings and upgrade from Morgan Stanley boosted its stock to a 52-week high of $530.68 on August 16. The company’s stock fell due to Wedbush’s downgrade, Pershing Square Capital Management reducing its stake in Chipotle, and rising labor wages. On August 27, Wedbush downgraded Chipotle from “neutral” to “underperform” due to weaker-than-expected SSSG (same-store sales growth) since the beginning of the third quarter and increased pressure on the company’s margins.
The concern about investing in growth stocks usually comes down to valuation. Both software products drive exactly the kind of “sticky,” recurring revenue investors are looking for in the software space.