Robert W. Baird Has Lowered Expectations for Shake Shack (NYSE:SHAK) Stock Price

Shake Shack (NYSE:SHAK) had its target price lowered by analysts at Robert W. Baird from $127.00 to $104.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Robert W. Baird’s price target points to a potential upside of 7.60% from the company’s previous close.

A number of other analysts have also weighed in on SHAK. Morgan Stanley set a $115.00 price objective on shares of Shake Shack in a research note on Tuesday, October 21st. Wells Fargo & Company lowered their price target on shares of Shake Shack from $125.00 to $100.00 and set an “equal weight” rating on the stock in a report on Thursday, October 16th. Truist Financial lowered their price target on shares of Shake Shack from $162.00 to $156.00 and set a “buy” rating on the stock in a report on Monday, September 29th. Loop Capital reissued a “hold” rating and set a $127.00 price target on shares of Shake Shack in a report on Tuesday, July 8th. Finally, Raymond James Financial reissued a “strong-buy” rating and set a $160.00 price target (down from $165.00) on shares of Shake Shack in a report on Friday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, fourteen have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $121.00.

Shake Shack Stock Up 5.8%

NYSE:SHAK opened at $96.65 on Friday. The firm has a market capitalization of $4.13 billion, a P/E ratio of 94.76, a PEG ratio of 2.35 and a beta of 1.65. Shake Shack has a 1-year low of $72.93 and a 1-year high of $144.65. The company’s fifty day moving average price is $96.81 and its 200-day moving average price is $111.12. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.84 and a quick ratio of 1.89.

Shake Shack (NYSE:SHAK) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.05. The firm had revenue of $367.41 million for the quarter, compared to analyst estimates of $363.69 million. Shake Shack had a net margin of 3.10% and a return on equity of 10.43%. The business’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.25 earnings per share. Shake Shack has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts anticipate that Shake Shack will post 1.26 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Ameritas Advisory Services LLC purchased a new position in Shake Shack in the 2nd quarter valued at about $31,000. Parallel Advisors LLC lifted its stake in Shake Shack by 679.4% in the 2nd quarter. Parallel Advisors LLC now owns 265 shares of the company’s stock valued at $37,000 after buying an additional 231 shares in the last quarter. Geneos Wealth Management Inc. purchased a new position in Shake Shack in the 1st quarter valued at about $26,000. Global Retirement Partners LLC lifted its stake in Shake Shack by 83.7% in the 3rd quarter. Global Retirement Partners LLC now owns 327 shares of the company’s stock valued at $31,000 after buying an additional 149 shares in the last quarter. Finally, SRH Advisors LLC purchased a new position in Shake Shack in the 1st quarter valued at about $44,000. 86.07% of the stock is owned by hedge funds and other institutional investors.

Shake Shack Company Profile

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.