Shake Shack Inc. (SHAK): Multiple analysts giving recommendations

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Shake Shack Inc. (NYSE:SHAK) changes shares on Friday trading session, with a change of 3.57% or $1.88 shares. The trading starts at $55.07 and closed at $52.72 throughout the day. The trading session low price was $52.2202 and day high was $55.48 on Friday, June 12. After the session, the Consumer Cyclical sector daily volume shifted to 1.16 million while its average volume is 2.10M. In other hand, the SHAK market cap reached to $2.18B. While, its current target price is $54.60 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -8.68% and up 14.54% for month. Its quarterly performance was 41.09% above, while its half year performance is down -7.27%. SHAK yearly performance stood at negative -19.75% and fall -8.34% for year-to-date. Current recommendation for Shake Shack Inc. is 2.90.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. SHAK EPS (TTM) for 12-month is 0.52. EPS for this year is 18.20%, while for the next year its value is 0.29. Its EPS Q/Q reached -133.30%. It has an EPS of 59.40% up for past five years.

Let’s take a look on the analyst recommendations on SHAK for the current month and previous month. For the current month, 2 of 19 analysts recommend stock as Buy while 2 as Sell, 0 as overweight, 0 as underweight and 15 as Hold. As compared with the previous month ratings, 18 analysts participate in stock recommendation. Out of 18, 2 rated it sell, 3 rated it as Buy and 13 as Hold Ratings. On the other hand, target price ranges from $45.00-$59.00. Average target price for SHAK was reached at $51.21.

Blackrock Inc., Vanguard Group, Inc. (The) and Select Equity Group, Inc. are the top three holders in Shake Shack Inc. (SHAK) stock. On Mar 30, 2020, Blackrock Inc. has 4.36 million shares which valued 164.41 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 3.1 million shares which valued at 116.93 million. On Mar 30, 2020, Select Equity Group, Inc. has a total of 2.89 million shares which valued at 109.21 million. In the end, Select Equity Group, Inc. have 7.58% shares outstanding of Shake Shack Inc. (SHAK) on Mar 30, 2020. The insider ownership moved to 0.40% and institutional holding shifted to 89.80%.

The company posted an EPS (TTM) of 0.52. According to the most recent quarter report on (Jun 2020), 19 analysts estimated an average EPS of -0.33, while 0.27 EPS posted a year ago period. Analyst Estimated EPS for SHAK published in the report was -0.86–0.13 during the same period. Comparing with last year, the average estimated EPS was 0.27 which is higher than 0.02 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for SHAK fall -17.08% for period of 200 days. SMA for 50 days was 9.69% which is showing green signal, while SMA-20 was -0.22%. The moving average value for Shake Shack Inc. (SHAK) is 55.79 and 53.60 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in SHAK stock. On Jun 01, Meyer Daniel Harris, Director, sold 25,000 trading shares at the cost of $55.16, which valued at 1.38 million. On May 18, VIVIAN ROBERT T, Director, sold 25,000 shares at the cost of $52.25, with total shares of 10,312. On May 08, Meyer Daniel Harris, Director, sold 25,000 shares at the cost of 55.15. After this transaction, Meyer Daniel Harris total shares reached to 1,324,732 which valued at 1.38 million.