Zacks Research Decreases Earnings Estimates for Shake Shack

Shake Shack Inc. (NYSE:SHAK) – Research analysts at Zacks Research reduced their Q1 2026 earnings per share estimates for shares of Shake Shack in a report released on Tuesday, December 10th. Zacks Research analyst H. Ray now anticipates that the company will post earnings per share of $0.24 for the quarter, down from their prior forecast of $0.25. The consensus estimate for Shake Shack’s current full-year earnings is $0.82 per share.

Several other research analysts also recently commented on the company. Piper Sandler downgraded Shake Shack from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $121.00 to $114.00 in a research note on Monday, August 19th. Truist Financial upped their price target on shares of Shake Shack from $127.00 to $144.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. JPMorgan Chase & Co. restated an “underweight” rating and set a $102.00 price objective (down from $105.00) on shares of Shake Shack in a research report on Tuesday, September 24th. Barclays increased their price target on Shake Shack from $115.00 to $125.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 31st. Finally, TD Cowen reaffirmed a “buy” rating and set a $125.00 target price on shares of Shake Shack in a research note on Wednesday, September 18th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $112.94.

Shake Shack Price Performance

Shares of Shake Shack stock opened at $134.84 on Friday. The stock’s fifty day moving average is $121.98 and its 200 day moving average is $104.58. Shake Shack has a one year low of $64.16 and a one year high of $139.89. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.98 and a current ratio of 2.01. The stock has a market cap of $5.73 billion, a P/E ratio of 793.18, a P/E/G ratio of 2.97 and a beta of 1.85.

Shake Shack (NYSE:SHAK) last announced its earnings results on Wednesday, October 30th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.05. The company had revenue of $316.92 million during the quarter, compared to analyst estimates of $316.03 million. Shake Shack had a net margin of 0.68% and a return on equity of 6.28%. The firm’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.17 earnings per share.

Insider Transactions at Shake Shack

In related news, CFO Katherine Irene Fogertey sold 321 shares of the business’s stock in a transaction that occurred on Wednesday, October 2nd. The shares were sold at an average price of $103.93, for a total transaction of $33,361.53. Following the completion of the transaction, the chief financial officer now owns 36,180 shares in the company, valued at $3,760,187.40. The trade was a 0.88 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Daniel Harris Meyer sold 10,000 shares of the company’s stock in a transaction on Friday, October 4th. The stock was sold at an average price of $110.08, for a total value of $1,100,800.00. Following the transaction, the director now directly owns 460,337 shares in the company, valued at approximately $50,673,896.96. The trade was a 2.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 63,112 shares of company stock valued at $7,623,215. Company insiders own 9.73% of the company’s stock.

Institutional Investors Weigh In On Shake Shack

A number of large investors have recently modified their holdings of SHAK. Point72 Asset Management L.P. raised its stake in Shake Shack by 154.8% in the 3rd quarter. Point72 Asset Management L.P. now owns 650,685 shares of the company’s stock worth $67,157,000 after acquiring an additional 395,311 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in shares of Shake Shack during the third quarter worth about $39,677,000. Holocene Advisors LP boosted its position in Shake Shack by 68.3% in the third quarter. Holocene Advisors LP now owns 946,350 shares of the company’s stock valued at $97,673,000 after buying an additional 384,131 shares during the last quarter. Marshall Wace LLP increased its holdings in Shake Shack by 101.2% in the 2nd quarter. Marshall Wace LLP now owns 544,336 shares of the company’s stock worth $48,990,000 after buying an additional 273,822 shares during the period. Finally, Armistice Capital LLC raised its position in Shake Shack by 69.1% during the 2nd quarter. Armistice Capital LLC now owns 579,904 shares of the company’s stock worth $52,191,000 after buying an additional 236,950 shares during the last quarter. Hedge funds and other institutional investors own 86.07% of the company’s stock.

Shake Shack Company Profile

Shake Shack Inc owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States and internationally. Its Shacks offers hamburgers, chicken, hot dogs, crinkle cut fries, shakes, frozen custard, beer, wine, and other products. The company was founded in 2001 and is headquartered in New York, New York.