Shake Shack Inc (SHAK) concluded trading on Thursday at a closing price of $98.40, with 6.1 million shares of worth about $599.77 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 33.68% during that period and on Thursday the price saw a gain of about 26.04%. Currently the company’s common shares owned by public are about 39.28M shares, out of which, 37.39M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 27 times over the past 12 months. They bought 81,242 shares in 18 of the transactions. In 9 selling transactions, insiders dumped 10,452 shares.
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However, the stock later moved at a day high price of 98.90, or with a gain of 26.04%. Stock saw a price change of 24.35% in past 5 days and over the past one month there was a price change of 48.89%. Year-to-date (YTD), SHAK shares are showing a performance of 32.76% which increased to 73.00% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $52.01 but also hit the highest price of $81.89 during that period. The average intraday trading volume for Shake Shack Inc shares is 817.64K. The stock is currently trading 31.12% above its 20-day simple moving average (SMA20), while that difference is up 37.35% for SMA50 and it goes to 45.42% higher than SMA200.
Shake Shack Inc (NYSE: SHAK) currently have 39.28M outstanding shares and institutions hold larger chunk of about 92.79% of that.
The stock has a current market capitalization of $3.88B and its 3Y-monthly beta is at 1.73. PE ratio of stock for trailing 12 months is 3123.81, while it has posted earnings per share of $0.03 in the same period. It has Quick Ratio of 2.09 while making debt-to-equity ratio of 1.84. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SHAK, volatility over the week remained 4.60% while standing at 3.69% over the month.
Analysts are in expectations that Shake Shack Inc (SHAK) stock would likely to be making an EPS of $IHAK in the current quarter, while forecast for next quarter EPS is $25.03 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $iShares Cybersecurity and Tech which is $Spree Acquisition Corp. 1 Limit at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $SHAKE SHACK INC SHAKE SHACK ORD in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 44.94% while it is estimated to increase by 43.99% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by HSBC Securities on December 20, 2023 offering a Hold rating for the stock and assigned a target price of $74 to it.
