What Are The Chances Of Shake Shack Inc. (NYSE: SHAK) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Shake Shack Inc. (SHAK) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$3.60, or -7.43%, to $44.88. Volume reached 21,434 shares, with price reaching a high of $44.88 and a low of $44.6. The stock was recently discussed on Yahoo Finance as it revealed that Shake Shack to Participate in September Investor Conferences.

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Stocks Info

As a NYSE listed company, SHAK falls under the Consumer Cyclical sector while operating within the Restaurants industry segment. At the end of the last regular session, the stock closed at $44.88 and fluctuated between $48.24 as its day high and $43.91 as its day low. The current market capitalization of Shake Shack Inc. is $1.92B. A total of 1.16 million shares were traded on the day, compared to an average of 840.01K shares.

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, SHAK has seen 3 BUY and 2 SELL insider trades, representing the acquisition of 26,000 and the disposition of 6,550 shares. Over the last 12 months, there were 18 BUYs and 7 SELLs from insiders. Insiders purchased 107,324 shares during that period but sold 8,188.

In the most recent transaction, Koff Zach sold 5,000 shares of SHAK for 45.00 per share on Jul 14. After the transaction, the Chief Operating Officer now owns 31,085 company shares. In a previous transaction on Jul 11, Meyer Daniel Harris bought 21,000 shares at 39.58 per share. SHAK shares that Director owns now total 576,364.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for SHAK in the last 3 months, the mean price target is $55.95 with high estimates of $69.00 and low estimates of $44.00. In terms of 52-week highs and lows, SHAK has a high of $100.85 and a low of $37.72.

As of this writing, SHAK has an earnings estimate of $-0.11 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of $-0.01 per share and a lower estimate of $-0.6. The company reported an EPS of $0.0 in the last quarter, which was 100% higher than expectations of $-0.02.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. SHAK’s latest balance sheet shows that the firm has $382.41M in Cash & Short Term Investments as of fiscal 2021. There were $686.19M in debt and $121.50M in liabilities at the time. Its Book Value Per Share was $10.27, while its Total Shareholder’s Equity was $435.60M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 22 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SHAK is Sell with a score of 3.71. A total of 8 analysts rated the stock as Buy while 0 rated it as Overweight while 13 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.

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