Q1 EPS Estimates for Shake Shack Cut by Zacks Research

Shake Shack, Inc. (NYSE:SHAK) – Equities researchers at Zacks Research reduced their Q1 2027 earnings per share estimates for shares of Shake Shack in a note issued to investors on Wednesday, July 8th. Zacks Research analyst Team now expects that the company will post earnings per share of $0.07 for the quarter, down from their previous forecast of $0.13. The consensus estimate for Shake Shack’s current full-year earnings is $1.16 per share. Zacks Research also issued estimates for Shake Shack’s Q2 2027 earnings at $0.43 EPS, Q3 2027 earnings at $0.36 EPS, Q4 2027 earnings at $0.40 EPS, FY2027 earnings at $1.26 EPS, Q1 2028 earnings at $0.23 EPS, Q2 2028 earnings at $0.51 EPS and FY2028 earnings at $1.68 EPS.

Several other research analysts have also recently issued reports on the stock. Barclays cut their target price on shares of Shake Shack from $118.00 to $96.00 and set an “overweight” rating on the stock in a report on Friday, May 8th. JPMorgan Chase & Co. cut their target price on shares of Shake Shack from $100.00 to $85.00 and set a “neutral” rating on the stock in a research note on Friday, May 8th. TD Cowen reissued a “hold” rating and set a $70.00 price target on shares of Shake Shack in a research report on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $117.00 target price on shares of Shake Shack in a report on Wednesday, April 15th. Finally, Citigroup restated a “buy” rating on shares of Shake Shack in a research note on Wednesday, June 3rd. Fifteen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $91.00.

Shake Shack Stock Performance

Shares of SHAK stock opened at $54.24 on Thursday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.66 and a current ratio of 1.69. Shake Shack has a fifty-two week low of $51.60 and a fifty-two week high of $144.65. The stock has a 50 day moving average price of $63.12 and a two-hundred day moving average price of $82.05. The company has a market capitalization of $2.32 billion, a P/E ratio of 55.35, a PEG ratio of 2.44 and a beta of 1.63.

Insider Buying and Selling

In other news, Director Sumaiya Balbale purchased 4,068 shares of the business’s stock in a transaction on Friday, May 15th. The stock was acquired at an average cost of $61.42 per share, for a total transaction of $249,856.56. Following the purchase, the director directly owned 13,407 shares in the company, valued at $823,457.94. This trade represents a 43.56% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Daniel Harris Meyer purchased 32,258 shares of Shake Shack stock in a transaction dated Friday, May 15th. The shares were acquired at an average cost of $61.88 per share, with a total value of $1,996,125.04. Following the transaction, the director directly owned 378,670 shares in the company, valued at approximately $23,432,099.60. The trade was a 9.31% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased 50,616 shares of company stock valued at $3,109,782 in the last 90 days. Insiders own 8.32% of the company’s stock.

Institutional Investors Weigh In On Shake Shack

A number of hedge funds have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Shake Shack by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,627 shares of the company’s stock worth $1,995,000 after purchasing an additional 976 shares during the period. Jones Financial Companies Lllp grew its holdings in Shake Shack by 4,210.3% during the first quarter. Jones Financial Companies Lllp now owns 2,500 shares of the company’s stock valued at $220,000 after purchasing an additional 2,442 shares during the period. United Services Automobile Association bought a new stake in Shake Shack during the first quarter valued at about $219,000. Geneos Wealth Management Inc. purchased a new stake in Shake Shack in the first quarter worth about $26,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in Shake Shack by 159.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 748 shares of the company’s stock worth $105,000 after buying an additional 460 shares in the last quarter. Institutional investors own 86.07% of the company’s stock.

Key Stories Impacting Shake Shack

Here are the key news stories impacting Shake Shack this week:

• Negative Sentiment: Zacks Research lowered Shake Shack’s Q1 2027 EPS estimate to $0.07 from $0.13, signaling weaker expected profitability in the near term.
• Negative Sentiment: The firm also trimmed Q2 2027, Q3 2027, Q4 2027, Q1 2028, and Q2 2028 estimates, pointing to a more conservative outlook across several future quarters.
• Negative Sentiment: FY2027 EPS was cut to $1.26 from $1.39, and FY2028 EPS was reduced to $1.68 from $1.81, which may weigh on valuation expectations. SHAK analyst estimate updates
• Neutral Sentiment: Additional media coverage touched on Shake Shack in broader restaurant and consumer-food stories, but these items did not appear to be material stock-moving catalysts. Dairy Queen hires Shake Shack vet to modernize tech

Shake Shack Company Profile

Shake Shack, Inc (NYSE: SHAK) is a publicly traded hospitality company known for its modern take on the classic American roadside burger stand. The company operates a chain of quick-casual restaurants offering premium hamburgers, hot dogs, crinkle-cut fries, frozen custard, milkshakes and a curated selection of beer and wine. Shake Shack emphasizes high-quality ingredients, including 100% all-natural Angus beef with no hormones or antibiotics, and works with local suppliers where possible to maintain its commitment to fresh, responsibly sourced food.

Shake Shack traces its origins to a hot dog cart opened in New York City’s Madison Square Park in 2001 by Danny Meyer’s Union Square Hospitality Group.