Shake Shack Inc [NYSE: SHAK] jumped around 12.38 points on Thursday, while shares priced at $123.61 at the close of the session, up 11.13%.
Compared to the average trading volume of 1.03M shares, SHAK reached a trading volume of 4490349 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Shake Shack Inc [SHAK]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SHAK shares is $135.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SHAK stock is a recommendation set at 2.25. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Gordon Haskett have made an estimate for Shake Shack Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 08, 2025. While these analysts kept the previous recommendation, Barclays raised their target price from $125 to $159. The new note on the price target was released on January 07, 2025, representing the official price target for Shake Shack Inc stock. Previously, the target price had yet another drop from $121 to $114, while Piper Sandler kept a Neutral rating on SHAK stock.
The Average True Range (ATR) for Shake Shack Inc is set at 5.44, with the Price to Sales ratio for SHAK stock in the period of the last 12 months amounting to 4.19. The Price to Book ratio for the last quarter was 10.54, with the Price to Cash per share for the same quarter was set at 7.55. Price to Free Cash Flow for SHAK in the course of the last twelve months was 147.26 with Quick ratio for the last quarter at 1.93.
How has SHAK stock performed recently?
Shake Shack Inc [SHAK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 15.83. With this latest performance, SHAK shares gained by 3.12% in over the last four-week period, additionally plugging by 18.07% over the last 6 months – not to mention a rise of 25.76% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SHAK stock in for the last two-week period is set at 57.74, with the RSI for the last a single of trading hit 63.67, and the three-weeks RSI is set at 54.44 for Shake Shack Inc [SHAK]. The present Moving Average for the last 50 days of trading for this stock 123.43, while it was recorded at 113.66 for the last single week of trading, and 108.37 for the last 200 days.
Shake Shack Inc [SHAK]: Deeper insight into the fundamentals
Shake Shack Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.93 and a Current Ratio set at 1.97.
Earnings analysis for Shake Shack Inc [SHAK]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SHAK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Shake Shack Inc go to 29.01%.
Insider trade positions for Shake Shack Inc [SHAK]
The top three institutional holders of SHAK stocks are: BLACKROCK INC. with ownership of 5.94 million shares, which is approximately 15.0428%. VANGUARD GROUP INC, holding 4.37 million shares of the stock with an approximate value of $$393.71 million in SHAK stocks shares; and VANGUARD GROUP INC, currently with $$161.38 million in SHAK stock with ownership which is approximately 4.5109%.
