Shake Shack Inc (NYSE: SHAK) kicked off on Tuesday, down -1.68% from the previous trading day, before settling in for the closing price of $97.51. Over the past 52 weeks, SHAK has traded in a range of $52.79-$111.29.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 20.27%. While this was happening, its average annual earnings per share was recorded 100.00%. With a float of $37.64 million, this company’s outstanding shares have now reached $39.47 million.
The extent of productivity of a business whose workforce counts for 12196 workers is very important to gauge.
Shake Shack Inc (SHAK) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Restaurants Industry. The insider ownership of Shake Shack Inc is 5.04%, while institutional ownership is 92.17%. The most recent insider transaction that took place on May 01 ’24, was worth 31,783. In this transaction Director of this company sold 304 shares at a rate of $104.55, taking the stock ownership to the 3,450 shares. Before that another transaction happened on Apr 04 ’24, when Company’s Director sold 304 for $103.01, making the entire transaction worth $31,315. This insider now owns 3,754 shares in total.
Shake Shack Inc (SHAK) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 3/31/2024, the organization reported 0.18 earnings per share (EPS), higher than consensus estimate (set at 0.1) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.22 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 100.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 44.95% during the next five years compared to -2.36% drop over the previous five years of trading.
Shake Shack Inc (NYSE: SHAK) Trading Performance Indicators
Take a look at Shake Shack Inc’s (SHAK) current performance indicators. Last quarter, stock had a quick ratio of 1.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.38.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.55, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 1.01 in one year’s time.
Technical Analysis of Shake Shack Inc (SHAK)
The latest stats from [Shake Shack Inc, SHAK] show that its last 5-days average volume of 0.68 million was inferior to 0.92 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 18.54%. Additionally, its Average True Range was 3.26.
During the past 100 days, Shake Shack Inc’s (SHAK) raw stochastic average was set at 67.28%, which indicates a significant increase from 7.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.70% in the past 14 days, which was lower than the 49.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $101.67, while its 200-day Moving Average is $78.21. Now, the first resistance to watch is $97.49. This is followed by the second major resistance level at $99.11. The third major resistance level sits at $100.27. If the price goes on to break the first support level at $94.71, it is likely to go to the next support level at $93.54. Assuming the price breaks the second support level, the third support level stands at $91.92.
Shake Shack Inc (NYSE: SHAK) Key Stats
The company with the Market Capitalisation of 3.80 billion has total of 42,309K Shares Outstanding. Its annual sales at the moment are 1,088 M in contrast with the sum of 20,260 K annual income. Company’s last quarter sales were recorded 290,500 K and last quarter income was 2,040 K.
