Ratings for Shake Shack (NYSE:SHAK) were provided by 21 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 12 | 2 | 5 | 2 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 4 | 0 | 0 | 1 | 0 |
| 2M Ago | 3 | 0 | 4 | 1 | 0 |
| 3M Ago | 4 | 2 | 1 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $117.57, a high estimate of $125.00, and a low estimate of $102.00. This upward trend is apparent, with the current average reflecting a 6.03% increase from the previous average price target of $110.88.
Understanding Analyst Ratings: A Comprehensive Breakdown
In examining recent analyst actions, we gain insights into how financial experts perceive Shake Shack. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Andrew Charles | TD Cowen | Maintains | Buy | $125.00 | $125.00 |
| Andrew Charles | TD Cowen | Maintains | Buy | $125.00 | $125.00 |
| Christine Cho | Goldman Sachs | Announces | Buy | $110.00 | - |
| Andrew Charles | TD Cowen | Maintains | Buy | $125.00 | $125.00 |
| John Ivankoe | JP Morgan | Raises | Underweight | $105.00 | $102.00 |
| Andrew Charles | TD Cowen | Maintains | Buy | $125.00 | $125.00 |
| John Ivankoe | JP Morgan | Raises | Underweight | $102.00 | $100.00 |
| Peter Saleh | BTIG | Raises | Buy | $125.00 | $120.00 |
| Dennis Geiger | UBS | Raises | Neutral | $115.00 | $110.00 |
| Jeffrey Bernstein | Barclays | Raises | Equal-Weight | $108.00 | $92.00 |
| Jake Bartlett | Truist Securities | Raises | Buy | $124.00 | $115.00 |
| Nick Setyan | Wedbush | Raises | Neutral | $110.00 | $100.00 |
| David Tarantino | Baird | Raises | Neutral | $105.00 | $102.00 |
| Andrew Charles | TD Cowen | Maintains | Buy | $125.00 | $125.00 |
| Brian Harbour | Morgan Stanley | Raises | Equal-Weight | $105.00 | $88.00 |
| Andrew Charles | TD Cowen | Maintains | Buy | $125.00 | - |
| Andrew Charles | TD Cowen | Maintains | Buy | $125.00 | - |
| Andrew Charles | TD Cowen | Maintains | Buy | $125.00 | - |
| Jake Bartlett | Truist Securities | Raises | Buy | $115.00 | $112.00 |
| Brian Bittner | Oppenheimer | Raises | Outperform | $120.00 | $108.00 |
| Andrew Charles | TD Cowen | Maintains | Outperform | $125.00 | - |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Shake Shack. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Shake Shack compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Shake Shack's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Shake Shack's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Shake Shack analyst ratings.
Unveiling the Story Behind Shake Shack
Shake Shack Inc is a roadside burger stand. It is serving a classic American menu of premium burgers, hot dogs, crispy chicken, frozen custard, crinkle-cut fries, shakes, beer, wine and more. The company's burgers are made with a whole-muscle blend of all-natural, hormone and antibiotic-free Angus beef, ground fresh daily, cooked to order and served on a non-genetically modified organism (GMO) potato bun. Its menu focuses on food and beverages, crafted from a range of classic American foods. The company serves draft Root Beer, seasonal freshly-squeezed lemonade, organic fresh brewed iced tea, cold brew coffee, organic apple juice, and Shack20 bottled water.
Key Indicators: Shake Shack's Financial Health
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Shake Shack's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 14.7%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 0.7%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Shake Shack's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 0.46%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.13%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.74.
Analyst Ratings: Simplified
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.