Shake Shack (NYSE:SHAK) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Shake Shack (NYSE:SHAK) announced its quarterly earnings data on Thursday. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.01, Zacks reports. The business had revenue of $328.68 million during the quarter, compared to analysts’ expectations of $329.02 million. Shake Shack had a return on equity of 6.28% and a net margin of 0.68%. Shake Shack updated its Q1 2025 guidance to EPS.

Shake Shack Trading Down 5.2 %

Shake Shack stock traded down $6.41 during trading on Friday, hitting $117.20. The company’s stock had a trading volume of 582,052 shares, compared to its average volume of 1,378,880. The stock has a market capitalization of $4.98 billion, a price-to-earnings ratio of 684.41 and a beta of 1.86. 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’s fifty day moving average is $122.24 and its 200 day moving average is $116.17. Shake Shack has a 1-year low of $77.50 and a 1-year high of $139.89.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on SHAK. Barclays upgraded Shake Shack from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $125.00 to $159.00 in a research note on Tuesday, January 7th. Stifel Nicolaus cut their target price on Shake Shack from $128.00 to $110.00 and set a “hold” rating on the stock in a research report on Friday, January 17th. Gordon Haskett raised Shake Shack from a “hold” rating to a “buy” rating and set a $154.00 target price on the stock in a research report on Wednesday, January 8th. Wedbush boosted their target price on Shake Shack from $115.00 to $125.00 and gave the company a “neutral” rating in a report on Friday. Finally, UBS Group boosted their target price on Shake Shack from $130.00 to $140.00 and gave the company a “neutral” rating in a report on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $124.89.

Insiders Place Their Bets

In other news, CFO Katherine Irene Fogertey sold 642 shares of the company’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $137.51, for a total value of $88,281.42. Following the completion of the sale, the chief financial officer now owns 30,717 shares of the company’s stock, valued at $4,223,894.67. This represents a 2.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 9.73% of the stock is currently owned by insiders.

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.