|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||66.05 - 68.96|
|52 Week Range||30.12 - 69.96|
|PE Ratio (TTM)||1,958.00|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Shake Shack Inc. is stirring up shares of SSI Group Inc. after the burger chain founded in New York selected the upscale Philippine retailer as its local partner. Shake Shack, in a statement, said it selected SSI Group as its Philippine partner because of its retail expertise and culture of hospitality. Shake Shack last year said it plans to open 14 stores in Hong Kong and Macau through 2027.
Short interest is moderate for SHAK with between 5 and 10% of shares outstanding currently on loan. The net inflows of $1.34 billion over the last one-month into ETFs that hold SHAK are not among the highest of the last year and have been slowing.
On July 10, Mizuho Securities downgraded Chipotle Mexican Grill (CMG) from “neutral” to “underperform.” Following the downgrade, Chipotle’s stock price fell. By the end of the day, Chipotle was trading at $454.21—a fall of 2.1% from the previous day’s closing price.
DRI stock trades at an all-time high, and has gained nearly 15% so far this year and 22%+ since the beginning of 2017. As Larry Ramer wisely pointed out back in March, Darden is one of the bigger beneficiaries of tax reform and its lower corporate tax rates. Margin pressure — notably from labor — is a concern.
It's that time again! "Mad Money" host Jim Cramer rang the lightning round bell, which means he gave his take on callers' favorite stocks at rapid speed. Shake Shack SHAK : “No, [it’s not time to sell]. The Kraft Heinz Company KHC : “This stock is making a move.
On June 28, Chipotle Mexican Grill (CMG) was trading at $428.36. After Chipotle’s special investor call on June 27, Canaccord Genuity raised the stock’s price target from $425 to $500, while Morgan Stanley increased its price target from $340 to $372. Of the 32 analysts that follow Chipotle, 25% are favoring “buys,” 68.8% are favoring “holds,” and 6.3% are favoring “sells” on the stock.
Advanced Micro Devices, Rent-a-Center, Shake Shack and Restoration Hardware – all stocks with high short interest – have logged impressive respective returns. Only one of the names looks fit for more gains.
Union Square Hospitality Group faced criticism after testing cashless operations at select restaurants. Digital payments have proven popular in China and other Asian countries where payment-enabled mobile phones leapfrogged over traditional credit and debit cards. A large-scale rollout of cashless operations for Union Square Hospitality could expedite the adoption.
As of June 14, Shake Shack (SHAK) was trading at $65.12. On the same day, analysts expected the company’s stock price to reach $49.8 in next 12 months, which represents a fall of 23.5% from its current stock price. Strong first-quarter earnings and higher 2018 guidance by Shake Shack’s management prompted analysts to raise their target price.
For the next four quarters, analysts expect Shake Shack (SHAK) to post an EPS of $0.52—a fall of 16.1% from $0.62 in the same four quarters the previous year.
It’s getting so a person can’t run a restaurant without being asked about breakfast. McDonald’s (MCD) got so many demands for all-day breakfast that the company finally relented and starting making McMuffins ...
For the next four quarters, analysts expect Shake Shack (SHAK) to post revenues of $484.36 million—27.1% growth from $381.19 million in the same four quarters the previous year. For 2018, Shake Shack’s management has set the revenue guidance at $446 million–$450 million with SSSG (same-store sales growth) of 0%–1%. To drive its SSSG, Shake Shack is focusing on innovating the menu, training employee, implementing technological advancement, and growing loyal customers.
Shake Shack (SHAK) hit a new 52-week high of $65.96 on June 14 and closed the day at $65.12—a rise of 37.4% since the announcement of its first-quarter earnings on May 3.
The breakouts by Starbucks in October 2010 and Shake Shack this April year illustrate how an investor can use the pyramiding technique to build profitable positions in growth stocks while reducing downside risk.
McDonald’s Corporation (NYSE:MCD) has begun to focus on a turnaround. Now, the company plans to lay off workers and put in a new field structure to better support franchises. Given increasing valuations and falling revenues, investors should avoid McDonald’s stock.
In another life, Shake Shack CEO Randy Garutti lived in Seattle and was the general manager of Canlis.
Over the years, New York City restaurateur Danny Meyer has showcased all manner of cuisines, from contemporary American to rustic Italian. This latest foray brings to mind another of Mr. Meyer’s efforts: Shake Shack, the fast-casual burger spot that Mr. Meyer launched in Madison Square Park in 2004. Shake Shack has since grown into a global chain, with annual revenue that tops $350 million.
NEW YORK (AP) — The New York City-based chain restaurant Shake Shack will open a new location in the only city borough that still doesn't have one: Staten Island.
Shake Shack is coming to Columbus. Confirming rumors Columbus Business First reported in April, the cultishly popular burger chain said Tuesday it will add a restaurant at Easton Town Center for its first location in the region. As reporter Dan Eaton pointed out in our story this spring, Columbus makes sense as a new market for the New York-based company.
In the big world of the stock market, there are a whole bunch of growth stocks that have 50%-plus revenue growth with strong margin drivers. After all, such growth stocks usually have growth valuations. Look no further than Fitbit Inc (NYSE:FIT), GoPro Inc (NASDAQ:GPRO), Shake Shak Inc (NYSE:SHAK), Twilio Inc (NYSE:TWLO), or Applied Optoelectronics Inc (NASDAQ:AAOI) to see proof of this.
The "Fast Money" traders set up underdog stocks like Dunkin and Etsy and see how they perform against giants like Starbucks and Amazon.