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

Shake Shack (NYSE:SHAK) issued its quarterly earnings data on Thursday. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.25 by $0.01, Zacks reports. Shake Shack had a net margin of 0.81% and a return on equity of 8.40%. The company had revenue of $328.68 million during the quarter, compared to analysts’ expectations of $329.02 million. Shake Shack updated its Q1 2025 guidance to EPS.

Shake Shack Trading Down 11.9 %

NYSE:SHAK opened at $108.96 on Friday. The company has a fifty day moving average of $121.79 and a 200 day moving average of $116.27. Shake Shack has a 52 week low of $77.50 and a 52 week high of $139.89. 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 $4.63 billion, a P/E ratio of 473.73 and a beta of 1.86.

Insider Activity at Shake Shack

In other Shake Shack news, CFO Katherine Irene Fogertey sold 642 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $137.51, for a total transaction of $88,281.42. Following the transaction, the chief financial officer now directly owns 30,717 shares of the company’s stock, valued at approximately $4,223,894.67. The trade was a 2.05 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 9.73% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms have commented on SHAK. TD Securities reissued a “buy” rating and issued a $140.00 price target on shares of Shake Shack in a research note on Friday. Wedbush boosted their price target on shares of Shake Shack from $115.00 to $125.00 and gave the stock a “neutral” rating in a research note on Friday. Barclays raised shares of Shake Shack from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $125.00 to $159.00 in a research note on Tuesday, January 7th. Oppenheimer boosted their price target on shares of Shake Shack from $145.00 to $155.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 7th. Finally, UBS Group boosted their price target on shares of Shake Shack from $130.00 to $140.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 7th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $125.50.

About Shake Shack

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.