|Bid||40.50 x 200|
|Ask||44.80 x 100|
|Day's Range||42.70 - 43.64|
|52 Week Range||30.12 - 47.39|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 3, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||42.10|
Shake Shack is doubling down on the Queen City. The popular brand confirmed Monday that it has snagged a second location.
Founded by Danny Meyer as a hot dog stand outside Manhattan’s Madison Square Park in 2001, it has since evolved into the modern version of the old roadside hamburger restaurant. In a society that is trying to become healthier, SHAK is on the ball. In fact, the company just debuted its new veggie burger — the Veggie Shack, a house-made veggie burger that blends black beans, brown rice and roasted beets and is topped with provolone cheese, lettuce, onions, pickles and vegan mustard and mayo — on April 19 in select locations.
Southern California development firm CenterCal Properties purchased the building at 3060 Fillmore St. earlier this year with plans to turn the vacant storefronts into Shake Shack and Rumble Fitness.
Shake Shack Inc. , today announced that it will report its first quarter 2018 financial results after the close of the financial markets on Thursday, May 3, 2018.
As of April 13, Chipotle Mexican Grill (CMG) was trading at $318.36. On the same day, analysts were expecting the company’s stock price to reach $311.68 in the next 12 months, which represents a fall of 2.1% from its current levels.
Forward PE multiples are calculated by dividing a company’s stock price from analysts’ earnings estimate for the next four quarters. The appointment of Brian Niccol and Chris Brandt as Chipotle’s new CEO and chief marketing officer appears to have led to a rise in Chipotle’s stock price and valuation multiple.
Analysts expect Chipotle Mexican Grill (CMG) to post adjusted EPS (earnings per share) of $1.58 in 1Q18, which represents a fall of 1.3% from $1.60 in 1Q17. Analysts expect the decline in Chipotle’s EBIT (earnings before interest and tax) margin to offset the effects of revenue growth and a lower effective tax rate to post a decline in Chipotle’s 1Q18 EPS. Analysts expect Chipotle’s EBIT margins to fall from 6.8% in 1Q17 to 5.6% in 1Q18.
Chipotle Mexican Grill (CMG) owns and operate all its restaurants, so sales from all restaurants constitute the company’s revenue. For 1Q18, analysts expect Chipotle to post revenue of $1.15 billion, which represents a rise of 7.3% from $1.07 billion in 1Q17. The revenue growth is expected to be driven by the addition of new restaurants and positive SSSG (same-store sales growth). By the end of 3Q17, Chipotle operated 2,363 restaurants, compared to 2,291 in 1Q17.
Chipotle Mexican Grill (CMG) is scheduled to post its 1Q18 earnings after the market closes on April 25. As of April 13, Chipotle was trading at $318.36, which represents growth of 4.6% since the announcement of its 4Q17 earnings on February 6, 2018.
New York-based Shake Shack Inc. said it has “no news to confirm” regarding a Central Ohio restaurant, but the Dublin-based design firm that works with the chain has teased that the fast casual burger eatery’s arrival may be in the works.
Short interest is moderately high for SHAK with between 10 and 15% of shares outstanding currently on loan. The net inflows of $2.58 billion over the last one-month into ETFs that hold SHAK are not among the highest of the last year and have been slowing.
Shake Shack isn’t open in Charlotte yet — but it appears the brand already has a cult following here.
The restaurants group boasts several hot stocks at the moment, as McDonald's, Starbucks, Yum Brands and Texas Roadhouse flash rising relative strength lines.
On March 26, 2018, Dennis Greiger of UBS stated that a recent survey conducted on 1,500 people revealed that the brand perception of Chipotle Mexican Grill (CMG) remained below levels before the company’s food safety incidents. The survey respondents who ate at quick-service restaurants at least once a month stated that the food safety concerns were still the main reason for eating less frequently at Chipotle. Currently, UBS has “sell” ratings on Chipotle with a 12-month target price of $275, which represents a fall of 16.1% from its current stock price of $327.86.
LONDON, UK / ACCESSWIRE / March 28, 2018 / Active-Investors.com has just released a free earnings report on Shake Shack Inc. (NYSE: SHAK ). If you want access to this report all you need to do is sign ...
Morgan Stanley doesn’t need to fix its brokerage. The financial giant reported a boffo fourth quarter as retail brokers and investment bankers offset a decline in trading. Morgan Stanley (MS) has also hit its goal for a 9% return on equity.
Analysts expect Chipotle Mexican Grill (CMG) to post EPS (earnings per share) of $8.34 in 2018, which represents 26.6% growth from its EPS of $6.59 in 2017. The EPS growth is expected to be driven by revenue growth, EBIT (earnings before interest and tax) margin expansion, and a lower effective tax rate. Analysts expect Chipotle’s EBIT margin to be 7.0%, compared with 6.7% in 2017.
As of March 19, 2018, Shake Shack (SHAK) was trading at $41.08. On the same day, analysts were expecting the company’s stock price to reach $42.10 in the next 12 months, which represents a return potential of 2.5%. The 2018 revenue guidance provided by Shake Shack’s management during its 4Q17 earnings call was lower than analysts’ expectations, which appears to have compelled them to lower their target price.
As Shake Shack (SHAK) is still in the growth phase of its business cycle, expenses will likely be on the higher side and earnings cannot be considered for valuation. The forward EV-to-sales ratio is calculated by dividing the enterprise value with analysts’ sales estimates for the next four quarters. Although the stock price of Shake Shack has increased since the beginning of 2017, the valuation multiple has declined as investors have increased their sales estimates for the next four quarters.
NEW YORK, NY / ACCESSWIRE / March 22, 2018 / Shares of Chipotle climbed higher on Wednesday after it was revealed that the company now has two executives with Taco Bell backgrounds. Chipotle recently hired ...