On Friday, Shake Shack Inc (NYSE: SHAK) was -1.90% drop from the session before settling in for the closing price of $109.90. A 52-week range for SHAK has been $52.79 – $112.64.
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 20.27% over the past five years. When this article was written, the company’s average yearly earnings per share was at 96.28%. With a float of $37.93 million, this company’s outstanding shares have now reached $39.47 million.
Let’s look at the performance matrix of the company that is accounted for 12196 employees. In terms of profitability, gross margin is 20.07%, operating margin of 2.53%, and the pretax margin is 2.26%.
Shake Shack Inc (SHAK) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Shake Shack Inc stocks. The insider ownership of Shake Shack Inc is 5.16%, while institutional ownership is 95.53%. The most recent insider transaction that took place on Oct 04 ’24, was worth 1,100,835. In this transaction Director of this company sold 10,000 shares at a rate of $110.08, taking the stock ownership to the 460,337 shares. Before that another transaction happened on Oct 03 ’24, when Company’s Chief Financial Officer sold 321 for $104.25, making the entire transaction worth $33,464. This insider now owns 35,859 shares in total.
Shake Shack Inc (SHAK) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 96.28% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 45.89% 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
You can see what Shake Shack Inc (SHAK) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.69. Likewise, its price to free cash flow for the trailing twelve months is 257.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.62, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 1.02 in one year’s time.
Technical Analysis of Shake Shack Inc (SHAK)
Shake Shack Inc (NYSE: SHAK) saw its 5-day average volume 1.21 million, a positive change from its year-to-date volume of 0.93 million. As of the previous 9 days, the stock’s Stochastic %D was 68.06%. Additionally, its Average True Range was 4.36.
During the past 100 days, Shake Shack Inc’s (SHAK) raw stochastic average was set at 84.19%, which indicates a significant increase from 55.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.39% in the past 14 days, which was lower than the 45.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $103.33, while its 200-day Moving Average is $94.20. Nevertheless, the first resistance level for the watch stands at $113.54 in the near term. At $119.27, the stock is likely to face the second major resistance level. The third major resistance level sits at $125.04. If the price goes on to break the first support level at $102.04, it is likely to go to the next support level at $96.27. Assuming the price breaks the second support level, the third support level stands at $90.54.
Shake Shack Inc (NYSE: SHAK) Key Stats
There are 42,309K outstanding shares of the company, which has a market capitalization of 4.31 billion. As of now, sales total 1,088 M while income totals 20,260 K. Its latest quarter income was 316,500 K while its last quarter net income were 9,670 K.
