97.03 +0.71 (0.74%)
After hours: 5:37PM EDT
|Bid||96.20 x 800|
|Ask||96.78 x 1000|
|Day's Range||95.29 - 97.12|
|52 Week Range||40.67 - 98.06|
|Beta (3Y Monthly)||1.54|
|PE Ratio (TTM)||185.23|
|Earnings Date||Oct 30, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||77.33|
Jimmy John's is doubling down on its "freaky fast" delivery promise — and is refusing to work with food delivery giants like GrubHub, Uber Eats, and Postmates.
SunTrust Robinson Humphrey analysts paid a visit to the Shake Shack Inc. Innovation Kitchen in New York City and say there's a "delicious" BLT in the works, which could end up being a limited-time offer (LTO). Analysts think LTOs will be a sales driver in 2020, giving a boost to same-store sales. There's been a lull in LTOs after the Chick'n Bites launched in January. "Management explained that the decrease has to do with continued iterations of the Chick'n Bites as Shake Shack contemplates adding it to the permanent menu, as well as a pause in menu complexity as Shake Shack adds new digital sales channels (mobile orders and delivery)," analysts said. Shake Shack announced last week that there could be "volatility" as the company makes the transition to the GrubHub Inc. delivery service nationwide. SunTrust says there are "clear long-term benefits" including faster delivery times and use of customer data. SunTrust rates Shake Shack buy with a $102 price target a rise from the previous price target of $86. Shake Shack stock edged down 0.4% in Thursday premarket trading, but has nearly doubled, up 97%, for the year to date. The S&P 500 index has gained 13.3% for 2019 so far.
NEW YORK , Aug. 12, 2019 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty ...
The stock market plunged Monday on a China yuan devaluation but then started to rally. Disney and Uber were earnings losers. Roku, Shake Shack were winners.
COO of Shake Shack Inc (30-Year Financial, Insider Trades) Zach Koff (insider trades) sold 20,000 shares of SHAK on 08/08/2019 at an average price of $87.5 a share. Continue reading...
Wendy's has success with hamburgers and now it plans on feeding off of chicken, CEO Todd Penegor tells Yahoo Finance.
Five fast-food stocks have crushed the broader market this year despite a slowing economy, and could be poised for further gains, including Shake Shack Inc. (SHAK), The Wendy's Co. (WEN), Yum! Brands Inc. (YUM), Chipotle Mexican Grill Inc. (CMG) and McDonald's Corp. (MCD). Stocks of fast food chains are often thought of as defensive because they continue to draw cost-conscious customers in times of economic trouble. “The earning growth rates could slow, but [these chains] could do better than full food service,” said Eric Gonzalez, a senior restaurant analyst with KeyBanc Capital Markets.