On May 23, 2023, Shake Shack Inc. (NYSE: SHAK) opened at $66.28, lower -2.13% from the last session. During the day, the shares moved up to $66.81 and dropped to $65.23 before settling in for the closing price of $66.67. Price fluctuations for SHAK have ranged from $37.72 to $71.93 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Consumer Cyclical sector company grew by 20.20% over the past five years. Company’s average yearly earnings per share was noted -177.30% at the time writing. With a float of $37.26 million, this company’s outstanding shares have now reached $39.33 million.
Let’s look at the performance matrix of the company that is accounted for 11316 employees. In terms of profitability, gross margin is +5.45, operating margin of -1.05, and the pretax margin is -2.70.
Shake Shack Inc. (SHAK) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Restaurants industry is another important factor to consider. The insider ownership of Shake Shack Inc. is 0.20%, while institutional ownership is 92.40%. The most recent insider transaction that took place on Feb 02, was worth 300,000. In this transaction Chief Operating Officer of this company sold 5,000 shares at a rate of $60.00, taking the stock ownership to the 31,085 shares. Before that another transaction happened on Feb 02, when Company’s Director sold 1,864 for $60.07, making the entire transaction worth $111,970. This insider now owns 6,983 shares in total.
Shake Shack Inc. (SHAK) Latest Financial update
If we go through the results of last quarter, which was made public on 3/30/2023, the company posted -$0.01 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.08) by $0.07. This company achieved a net margin of -2.68 while generating a return on equity of -5.99. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -177.30% per share during the next fiscal year.
Shake Shack Inc. (NYSE: SHAK) Trading Performance Indicators
Check out the current performance indicators for Shake Shack Inc. (SHAK). In the past quarter, the stock posted a quick ratio of 2.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.39, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.27 in one year’s time.
Technical Analysis of Shake Shack Inc. (SHAK)
Shake Shack Inc. (NYSE: SHAK) saw its 5-day average volume 0.83 million, a negative change from its year-to-date volume of 0.93 million. As of the previous 9 days, the stock’s Stochastic %D was 21.00%. Additionally, its Average True Range was 2.42.
During the past 100 days, Shake Shack Inc.’s (SHAK) raw stochastic average was set at 78.51%, which indicates a significant increase from 54.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.02% in the past 14 days, which was higher than the 46.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $58.08, while its 200-day Moving Average is $52.72. Nevertheless, the first resistance level for the watch stands at $66.30 in the near term. At $67.34, the stock is likely to face the second major resistance level. The third major resistance level sits at $67.88. If the price goes on to break the first support level at $64.72, it is likely to go to the next support level at $64.18. The third support level lies at $63.14 if the price breaches the second support level.
Shake Shack Inc. (NYSE: SHAK) Key Stats
There are currently 42,161K shares outstanding in the company with a market cap of 2.76 billion. Presently, the company’s annual sales total 900,490 K according to its annual income of -24,090 K. Last quarter, the company’s sales amounted to 253,280 K and its income totaled -1,530 K.
