SHAK - Shake Shack Inc.
48.59 0.00 (0.00%)
After hours: 4:17PM EST
| Previous Close | 50.68 |
| Open | 50.70 |
| Bid | 48.22 x 1400 |
| Ask | 53.00 x 900 |
| Day's Range | 47.93 - 51.00 |
| 52 Week Range | 36.58 - 70.12 |
| Volume | 920,013 |
| Avg. Volume | 766,441 |
| Market Cap | 1.801B |
| Beta (3Y Monthly) | 1.45 |
| PE Ratio (TTM) | 365.34 |
| EPS (TTM) | 0.13 |
| Earnings Date | Feb 13, 2019 - Feb 18, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 53.09 |
- CNBC Videos•4 days ago
Traders mixed on Piper Jaffray's restaurant stocks list
CNBC's 'Fast Money Halftime Report' discusses Piper Jaffray's top restaurant picks, including McDonald's and Chipotle.
- Yahoo Finance Video•18 days ago
The future of sustainable meats
The future of food. One brand aims to capitalize on the sustainable farming trend for chains like Panera and Shake Shack. Niman Ranch produces beef, pork and lamb on a network of 720 family run farms. Yahoo Finance's Adam Shapiro, Julie Hyman and Brian Sozzi discuss with CEO Jeff Tripician.
Yahoo Finance Video•28 days agoGoldbelly sends the best food in the U.S. right to your doorstep
Goldbelly CEO, Joe Ariel, joins the Final Round to discuss how the site helps small businesses expand their e-commerce presence
- Motley Fool•4 hours ago
3 Top Restaurant Stocks to Watch in January
Investors should keep an eye on Shake Shack, Wingstop, and McDonald's this month.
- Markit•10 hours ago
See what the IHS Markit Score report has to say about Shake Shack Inc.
# Shake Shack Inc ### NYSE:SHAK View full report here! ## Summary * Bearish sentiment is moderate * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Neutral 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. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $1.46 billion over the last one-month into ETFs that hold SHAK are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- American City Business Journals•yesterday
It’s official: Shake Shack to open downtown Houston location
New York-based burger chain Shake Shack Inc. (NYSE: SHAK) just opened its latest Houston location in December and is gearing up for its next. A spokesperson for the company confirmed that Shake Shack will open a 3,242-square-foot location at 702 Main St. this summer. The location will feature an outdoor patio, the spokeswoman said.
- Simply Wall St.•5 days ago
Read This Before Buying Shake Shack Inc. (NYSE:SHAK) Shares
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders Read More...
- Market Realist•6 days ago
Why Analysts Expect Chipotle’s EPS Growth to Increase in 2019
Is There More Upside to Chipotle’s Stock Price? (Continued from Prior Part) ## Analysts’ EPS expectations for 2018 Chipotle Mexican Grill (CMG) posted adjusted EPS of $7.16 in the first three quarters of 2018, representing a rise of 36.4% from $5.25 in the corresponding three quarters of 2017. Revenue growth of 8.1%, the expansion of its net margins, and share repurchases drove the company’s EPS. During the period, the company’s net margin expanded from 3.9% in the corresponding three quarters of 2017 to 5.5%. A fall in food, beverage, and packaging costs, a fall in other operating costs, and a lower effective tax rate improved Chipotle’s net margin. However, some of the expansion was offset by increased labor costs, general and administrative expenses, and depreciation and amortization expenses. Analysts expect Chipotle to post EPS of $1.32 in the fourth quarter to take its total EPS for 2018 to $8.53, a rise of 29.2% from $6.60 in 2017. In comparison, Shake Shack (SHAK) and McDonald’s (MCD) are expected to post EPS rises of 19.4% and 16.4%, respectively, in 2018. ## Analysts’ 2019 EPS expectations Analysts expect Chipotle to post EPS of $11.96 in 2019, a rise of 40.3% from $8.53 in 2018. Revenue growth and the expansion of its net margin are expected to drive the company’s EPS. In 2019, analysts expect Chipotle’s revenue to rise 7.9% to $5.21 billion. This revenue growth is likely to be driven by the opening of new restaurants and positive same-store sales growth. Management expects to open 140–155 new restaurants in 2019. Chipotle’s net margin is likely to expand from 4.9% in 2018 to 6.3%. This expansion is expected to be driven by the company’s improved gross margin, lower selling, general, and administrative expenses, and lower effective tax rate. During the same period, the EPS of Shake Shack and McDonald’s are expected to rise 7.1% and 6.1%, respectively. Browse this series on Market Realist: * Part 1 - Is There More Upside to Chipotle’s Stock Price? * Part 2 - What Analysts Are Recommending for Chipotle
- Market Realist•6 days ago
What Analysts Are Recommending for Chipotle
Is There More Upside to Chipotle’s Stock Price? (Continued from Prior Part) ## Analysts’ recommendations Of the 33 analysts that cover Chipotle Mexican Grill (CMG), 39.4% have given the stock “buy” ratings, 45.5% have given it “holds,” and 15.2% have given it “sells.” On average, analysts have set a price target of $470.46 on the stock, which represents a potential fall of 5.4% from its current price of $497.37. As we discussed in the previous article, BTIG, which has a “buy” rating on Chipotle, has identified Chipotle as one of its top picks for 2019. On January 8, KeyBanc raised its 12-month price target for Chipotle from $500 to $525. Barclays raised its price target from $400 to $450 on December 19. On October 26, Wedbush increased its price target from $380 to $400, Stifel cut its price target from $450 to $440, and SunTrust Robinson cut its price target from $510 to $500. ## Peer comparison Among the 12 analysts covering Shake Shack (SHAK), 33.3% have given it “buys,” 50.0% have given it “holds,” and 16.7% have given it “sells.” Its average price target of $53.09 implies a potential upside of 8.3% from its current price of $49.04. Among the 31 analysts covering McDonald’s (MCD), 78.1% have given it “buys,” and 21.9% have given it “holds.” Its average price target of $195.50 implies a potential upside of 8.3% from its current price of $180.60. ## Valuation multiple As of January 8, Chipotle is trading at a forward PE multiple of 41.6x compared to 32.5x on December 24. The increase in Chipotle’s stock price has increased its valuation multiple. As of the same day, its peers Shake Shack and McDonald’s have forward PE multiples of 67.4x and 22.0x, respectively. Chipotle is currently trading at 58.3 times analysts’ 2018 EPS expectations and 41.6 times analysts’ 2019 EPS expectations. Its EPS are expected to rise 29.2% in 2018 and 40.3% in 2019. Next, we’ll look at the factors that could drive Chipotle’s EPS in 2019. Continue to Next Part Browse this series on Market Realist: * Part 1 - Is There More Upside to Chipotle’s Stock Price? * Part 3 - Why Analysts Expect Chipotle’s EPS Growth to Increase in 2019
- Market Realist•6 days ago
Is There More Upside to Chipotle’s Stock Price?
Is There More Upside to Chipotle’s Stock Price? ## Stock performance The weakness in the broader equity market due to the increase in the interest rate by the Federal Reserve and concerns over the government shutdown led Chipotle Mexican Grill (CMG) stock to fall to $385.84 on December 24. However, since then, the company’s stock has been on the upswing. On January 8, Chipotle was trading at $497.37, a rise of 28.9% from its December 24 closing price. The company is trading 100.9% higher than its 52-week low of $247.52 and 6.3% lower than its 52-week high of $530.68. ## Chipotle’s stock price drivers As reported by Yahoo Finance, Peter Saleh and Ben Parente of BTIG have identified Chipotle as one of their top picks for 2019. In a research note, BTIG wrote, “We believe Chipotle has multiple levers at its disposal in 2019 to drive both top and bottom line outperformance, including menu innovation, digital sales growth, loyalty, menu pricing and improving new unit economics.” Also, on January 8, KeyBanc raised its 12-month price target for Chipotle from $500 to $525. On January 2, Chipotle launched a line of new Lifestyle Bowls, which include the Keto Salad Bowl, the Paleo Salad Bowl, the Whole30 Salad Bowl, and the Double Protein Bowl. It’s launched these healthier options to support customers’ New Year’s resolutions. All these factors have contributed to the rise in Chipotle’s stock price. ## Stock performance in 2018 In recent years, Chipotle stock has been negatively affected by a series of food safety issues. The company was first hit by an E. coli outbreak in December 2015. The food safety issues caused Chipotle stock to fall from its all-time high of $758.61 on August 5, 2015. However, investors’ optimism about the appointment of Brian Niccol as the company’s CEO in March and the company’s strong performance in the first three quarters of 2018 helped the stock rise 49.4% in 2018. Year-to-date, the company’s stock has risen 15.2%. Chipotle’s peers Shake Shack (SHAK) and McDonald’s (MCD) returned 5.1% and 3.2% in 2018, respectively. Next, we’ll look at analysts’ recommendations on CMG. Continue to Next Part Browse this series on Market Realist: * Part 2 - What Analysts Are Recommending for Chipotle * Part 3 - Why Analysts Expect Chipotle’s EPS Growth to Increase in 2019
- Business Wire•8 days ago
Shake Shack to Present at the 21st Annual ICR Conference
Shake Shack Inc. , today announced that the Company will be presenting at the 21st Annual ICR Conference at the JW Marriott Orlando Grande Lakes in Orlando, Florida on Tuesday, January 15, 2019.
- Market Realist•11 days ago
Analysts Expect Chipotle’s EPS Growth to Increase in 2019
Can Chipotle Stock Maintain Its Upward Momentum in 2019?(Continued from Prior Part)Chipotle’s EPS growth For the first three quarters in 2018, Chipotle Mexican Grill (CMG) posted an adjusted EPS of $7.
- Market Realist•12 days ago
Chipotle: Analysts’ Revenue Expectations in 2019
Can Chipotle Stock Maintain Its Upward Momentum in 2019? In the first three quarters of 2018, Chipotle Mexican Grill (CMG) posted revenues of $3.64 billion, which represents a rise of 8.1% from $3.37 billion in the same three quarters in 2017. The revenue growth was driven by positive SSSG of 3.3% and the net addition of new restaurants.
- Market Realist•12 days ago
Chipotle: Analysts Favor a ‘Hold’ Rating
Among the 33 analysts that follow Chipotle Mexican Grill (CMG), 39.4% recommended a “buy,” 45.5% recommended a “hold,” and 6.1% recommended a “sell” as of January 2. On average, analysts have set a 12-month target price of $469.5, which represents an upside potential of 5.9% from its stock price of $443.36.
- Market Realist•12 days ago
Chipotle Stock Rose 49.4% in 2018
- Market Realist•22 days ago
Analysts Expect Shake Shack to Maintain Revenue Growth in 2019
Shake Shack’s (SHAK) revenue rose by 27.6% to $335.0 million in the first three quarters of 2018. The revenue growth was largely driven by the addition of 17 new company-owned restaurants and 12 franchised restaurants. For 2018, Shake Shack’s management has set revenue guidance to be in the range of $450 million–$452 million. The management expects to add 33–34 company-owned restaurants and 14–16 franchised restaurants in 2018, while its SSSG is forecasted to be in the range of 0%-1%.
- Market Realist•22 days ago
Analysts Recommend a ‘Hold’ for Shake Shack
Among the 12 analysts that cover Shake Shack (SHAK), 33.3% favor a “buy” as of December 20, while 50% have given the stock a “hold” rating, and 16.7% have given it a “sell.” On average, analysts have set a 12-month price target of $53.09, which represents an upside potential of 21.9% from its current stock price of $43.56.
- Market Realist•22 days ago
Shake Shack Down ~20% since Q3 Results: What’s Next?
As of December 20, Shake Shack (SHAK) was trading at $43.56, which represents a fall of 20.5% since the announcement of its third-quarter earnings on November 1. In the third quarter, which ended on September 26, Shake Shack posted adjusted EPS of $0.21, outperforming analysts’ expectation of $0.17. The company’s revenue of $119.6 million also beat analysts’ estimate of $117 million. After posting its third-quarter earnings, Shake Shack’s management also raised its revenue guidance for 2018.
- Investor's Business Daily•29 days ago
When To Buy Growth Stocks: How Pyramiding Up Can Be As Easy As A Cup Of Coffee
Knowing when to buy growth stocks is a fine skill. Starbucks' breakout in 2010 and Shake Shack in 2018 show how to use the pyramiding technique.
American City Business Journals•29 days agoShake Shack sets opening date for Montrose location
On opening day, 25 percent of total proceeds plus 5 percent of sales from the Pie Oh My concrete will benefit the Houston Humane Society. Also on opening day, the first 100 people in line will receive a custom Shake Shack holiday ornament.
- Insider Monkey•last month
Hedge Funds Are Buying Shake Shack Inc (SHAK)
The 700+ hedge funds and money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the second quarter, which unveil their equity positions as of September 30. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund positions. Our extensive review […]
- Markit•last month
See what the IHS Markit Score report has to say about Shake Shack Inc.
# Shake Shack Inc ### NYSE:SHAK Score: Negative (30) 1 day at current score. Downgraded from Neutral on December 13th 2018 View full report here! ## Summary * This company ranked negatively compared to the Consumer Services sector despite 2 positive IHS Markit Categories * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Neutral 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. ## Money flow ETF/Index ownership | Positive ETF activity is positive. Over the last month, ETFs holding SHAK are favorable, with net inflows of $1.62 billion. Additionally, the rate of inflows is increasing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Market Realist•last month
Chipotle: Analysts Favor a ‘Hold’ Rating
Among the 33 analysts that follow Chipotle Mexican Grill (CMG), 39.4% recommended a “buy” as of December 10, while 45.5% recommended a “hold” and 15.2% recommended a “sell.” Analysts have given the stock an average target price of $467.96, which represents a fall of 1.5% from its stock price of $475.15.
