Stock of the Day

August 20, 2019

Shake Shack (SHAK)

$68.82
-$1.07 (-1.5%)
Market Cap: $2.99B

About Shake Shack

Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States and internationally. Its Shacks offers hamburgers, chicken, hot dogs, crinkle cut fries, shakes, frozen custard, beer, wine, and other products. The company was founded in 2001 and is headquartered in New York, New York.

Today's Trend

Shake Shack, Inc. (NYSE: SHAK) was trading higher, supported primarily by modestly improved near- and medium-term earnings expectations. However, the stock’s elevated valuation and longer-term estimate reductions remain potential constraints.

  • Zacks raised several 2026–2027 earnings forecasts. The firm increased its FY2026 EPS estimate to $1.15 from $1.13, FY2027 to $1.31 from $1.26, and lifted its Q2, Q3 and Q4 2027 forecasts. The revisions suggest analysts see somewhat better near-term operating performance than previously expected. Zacks nevertheless maintained a “Hold” rating. Zacks Shake Shack earnings estimate updates
  • Shake Shack’s brand and beverage strategy could support sales. A report highlighted the company’s efforts to lead consumer conversations around beverages, potentially supporting traffic, product mix and average ticket growth. How Shake Shack is Owning the Beverage Conversation
  • Analyst changes are positive but relatively small. The current-year consensus remains $1.13 EPS, while Zacks’ “Hold” rating indicates the higher forecasts have not yet translated into a stronger overall recommendation. Shake Shack also trades at a high earnings multiple, increasing sensitivity to any disappointment.
  • Food-inflation risks remain. A report argued that the temporary pause in beef tariffs will not resolve broader food-price pressures. Persistently high beef and other ingredient costs could pressure Shake Shack’s restaurant margins unless offset by pricing, productivity or favorable sales growth. Trump’s 90-Day Inflation Band-Aid
  • Longer-term estimates were reduced. Zacks cut its FY2028 EPS forecast to $1.57 from $1.68 and lowered Q1 2028 expectations to $0.20 from $0.23, signaling some concern about longer-term earnings momentum.

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