Shake Shack Inc (NYSE: SHAK) on Monday, soared 5.21% from the previous trading day, before settling in for the closing price of $123.01. Within the past 52 weeks, SHAK’s price has moved between $59.92 and $134.90.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 20.27%. The company achieved an average annual earnings per share of 118.83%. With a float of $38.06 million, this company’s outstanding shares have now reached $39.47 million.
Considering the fact that the conglomerate employs 12196 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 13.37%, operating margin of 0.49%, and the pretax margin is 0.23%.
Shake Shack Inc (SHAK) Insider Activity
Observing investor behavior towards Restaurants industry stocks is more important than anything else. The insider ownership of Shake Shack Inc is 4.93%, while institutional ownership is 97.25%. The most recent insider transaction that took place on Nov 06 ’24, was worth 85,541. In this transaction Chief Financial Officer of this company sold 642 shares at a rate of $133.24, taking the stock ownership to the 31,359 shares. Before that another transaction happened on Nov 06 ’24, when Company’s Director sold 27,209 for $131.53, making the entire transaction worth $3,578,716. This insider now owns 380,437 shares in total.
Shake Shack Inc (SHAK) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 118.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 53.76% 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
Shake Shack Inc (SHAK) is currently performing well based on its current performance indicators. A quick ratio of 1.98 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.56. Likewise, its price to free cash flow for the trailing twelve months is 163.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.18, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 1.14 in one year’s time.
Technical Analysis of Shake Shack Inc (SHAK)
Compared to the last year’s volume of 0.94 million, its volume of 0.82 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 52.92%. Additionally, its Average True Range was 4.60.
During the past 100 days, Shake Shack Inc’s (SHAK) raw stochastic average was set at 90.45%, which indicates a significant increase from 72.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.00% in the past 14 days, which was lower than the 45.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $114.31, while its 200-day Moving Average is $101.47. Nevertheless, the first resistance level for the watch stands at $131.37 in the near term. At $133.33, the stock is likely to face the second major resistance level. The third major resistance level sits at $136.65. If the price goes on to break the first support level at $126.09, it is likely to go to the next support level at $122.77. Should the price break the second support level, the third support level stands at $120.81.
Shake Shack Inc (NYSE: SHAK) Key Stats
Market capitalization of the company is 5.52 billion based on 42,484K outstanding shares. Right now, sales total 1,088 M and income totals 20,260 K. The company made 316,920 K in profit during its latest quarter, and -10,210 K in sales during its previous quarter.
