Shake Shack FY2025 EPS Forecast Reduced by Zacks Research

Shake Shack Inc. (NYSE:SHAK) – Investment analysts at Zacks Research dropped their FY2025 earnings per share (EPS) estimates for shares of Shake Shack in a report issued on Tuesday, March 25th. Zacks Research analyst H. Ray now expects that the company will earn $1.24 per share for the year, down from their previous forecast of $1.26. The consensus estimate for Shake Shack’s current full-year earnings is $1.26 per share.

A number of other brokerages have also recently commented on SHAK. JPMorgan Chase & Co. reduced their target price on shares of Shake Shack from $107.00 to $105.00 and set an “underweight” rating for the company in a report on Thursday, March 20th. Gordon Haskett upgraded Shake Shack from a “hold” rating to a “buy” rating and set a $154.00 price objective for the company in a research note on Wednesday, January 8th. TD Securities reaffirmed a “buy” rating and issued a $140.00 target price on shares of Shake Shack in a report on Friday, February 21st. Truist Financial boosted their price target on Shake Shack from $143.00 to $154.00 and gave the company a “buy” rating in a report on Friday, February 21st. Finally, Oppenheimer raised their price objective on Shake Shack from $145.00 to $155.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, Shake Shack presently has a consensus rating of “Hold” and an average target price of $124.05.

Shake Shack Price Performance

NYSE SHAK opened at $88.25 on Friday. The company has a quick ratio of 1.98, a current ratio of 1.97 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $3.75 billion, a P/E ratio of 383.71 and a beta of 1.89. The company has a 50-day moving average price of $105.33 and a 200-day moving average price of $115.18. Shake Shack has a 52 week low of $77.50 and a 52 week high of $139.89.

Shake Shack (NYSE:SHAK) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.01. The company 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 8.40% and a net margin of 0.81%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Nemes Rush Group LLC purchased a new position in Shake Shack during the 4th quarter valued at approximately $29,000. Harvest Fund Management Co. Ltd bought a new position in shares of Shake Shack during the 4th quarter valued at approximately $32,000. Transcendent Capital Group LLC purchased a new position in shares of Shake Shack in the fourth quarter valued at $52,000. R Squared Ltd bought a new stake in Shake Shack in the fourth quarter worth $56,000. Finally, Montag & Caldwell LLC purchased a new stake in Shake Shack during the fourth quarter valued at $68,000. 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.