58.03 0.00 (0.00%)
After hours: 5:15PM EDT
|Bid||57.51 x 1200|
|Ask||0.00 x 800|
|Day's Range||56.58 - 58.76|
|52 Week Range||33.34 - 70.12|
|Beta (3Y Monthly)||0.72|
|PE Ratio (TTM)||426.69|
|Earnings Date||Nov 1, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||55.70|
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.
Shake Shack Inc. (“Shake Shack” or the “Company”) (SHAK), today announced that it will report its third quarter 2018 financial results after the close of the financial markets on Thursday, November 1, 2018. The announcement will be followed by a conference call at 5:00 p.m. EDT. The conference call can be accessed live over the phone by dialing (800) 239-9838 or for international callers by dialing (323) 794-2551.
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 ...
We’re comin’ to the city where east meets west! Shake Shack Inc. (“Shake Shack” or the “Company”) (SHAK) is poised for continued growth in Asia. After announcing that flagship locations in Shanghai and Manila will open next year, plans are now underway for Shake Shack and partner SPC Group to launch the first Shack in Singapore in 2019. Shake Shack is proud to partner with SPC Group, a leading global food company based in South Korea with 30 brands and over 6,000 stores worldwide including seven Shake Shack locations in the greater Seoul area.
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.
Short interest is moderate for SHAK with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on August 23. Over the last month, ETFs holding SHAK are favorable, with net inflows of $2.82 billion.
After the announcement of second-quarter results on September 14, two analysts have revised their price target for Dave & Buster’s Entertainment (PLAY) stock. We expect a few more revisions in the coming days.