Analyst Ratings for Shake Shack Inc. Cl A (SHAK)Updated: 2017-07-27
An average rating of Hold has been given to Shake Shack Inc. Cl A (NYSE:SHAK) by analysts covering the stock. SHAK had previously received a consensus rating of Hold a month ago.
12 analysts issued ratings on the stock, where 5 gave SHAK a buy rating, 0 issued an overweight rating, 4 gave a hold rating, 1 issued an underweight rating, and 2 gave a sell rating. Compared to three months ago, there has been an increase of 2 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for SHAK. The most optimistic price target was 50, implying a possible profit of 43.93 percent. The most pessimistic analyst gave a price target of 29, which equates to a potential downside of -16.52 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -8.5 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.
The growth rate of SHAK's earnings is estimated by analysts to be 2 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of SHAK is 35.71.
SHAK has a 52-week high of 42.94 and a 52-week low of 30.36. The current market price is above the trailing year's low by 14.43 percent, and 19.1 percent below the high. SHAK has a price/earnings ratio of 71.42. Investors typically compare the P/E ratio to a company's peers in the industry. The SHAK value stock report compares SHAK to some of its peers using value stock charts. The market cap of SHAK is $1.28 billion. SHAK's next earnings release will be on 0000-00-00, which is days away.