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

Shake Shack (NYSE:SHAK) posted its earnings results on Thursday. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.01, Zacks reports. Shake Shack had a net margin of 0.68% and a return on equity of 6.28%. Shake Shack updated its Q1 2025 guidance to EPS.

Shake Shack Price Performance

Shake Shack stock traded up $11.57 during mid-day trading on Thursday, hitting $122.80. 1,473,343 shares of the company traded hands, compared to its average volume of 1,314,101. The stock has a market cap of $5.22 billion, a price-to-earnings ratio of 715.36 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. Shake Shack has a one year low of $77.50 and a one year high of $139.89. The stock has a fifty day moving average price of $122.46 and a 200-day moving average price of $116.11.

Insider Buying and Selling

In related news, CFO Katherine Irene Fogertey sold 642 shares of Shake Shack stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $137.51, for a total value of $88,281.42. Following the transaction, the chief financial officer now directly owns 30,717 shares of the company’s stock, valued at $4,223,894.67. The trade was 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 through this link. 9.73% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on SHAK shares. Wedbush reiterated a “neutral” rating and issued a $130.00 target price on shares of Shake Shack in a research note on Wednesday, January 15th. UBS Group raised their price objective on shares of Shake Shack from $130.00 to $140.00 and gave the company a “neutral” rating in a research report on Tuesday, January 7th. Gordon Haskett upgraded shares of Shake Shack from a “hold” rating to a “buy” rating and set a $154.00 price objective for the company in a research report on Wednesday, January 8th. Truist Financial cut their price objective on shares of Shake Shack from $149.00 to $143.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Finally, Oppenheimer raised their price objective on shares of Shake Shack from $145.00 to $155.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $124.29.

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.