It’s Not Over Yet For Shake Shack Inc (NYSE: SHAK)

After Hours

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. Most recently, Yahoo Finance reported about the stock as it publicized that CEO Randy Garutti to Retire from Shake Shack in 2024.

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Stocks Info

Shake Shack Inc is listed on the NYSE as a member of the Consumer Cyclical sector and is a part of the Restaurants industry. At the end of the last regular session, the stock closed at $71.16 and fluctuated between $71.29 as its day high and $69.00 as its day low. The current market capitalization of Shake Shack Inc is $2.81B. A total of 0.92 million shares were traded on the day, compared to an average of 819.93K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, SHAK has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 19 BUYs and 11 SELLs from insiders. Insiders purchased 86,242 shares during that period but sold 17,316.

In the most recent transaction, Flug Jeffrey sold 771 shares of SHAK for 75.07 per share on Dec 26. After the transaction, the Director now owns 5,740 company shares. In a previous transaction on Aug 21, Flug Jeffrey sold 1,987 shares at 69.86 per share. SHAK shares that Director owns now total 6,511.

Among the insiders who sold shares, Koff Zach disposed of 5,000 shares on Jun 21 at a per-share price of $75.00. This resulted in the Chief Operating Officer holding 38,682 shares of SHAK after the transaction. In another insider transaction, Koff Zach sold 5,000 shares at $60.00 per share on Feb 02. Company shares held by the Chief Operating Officer now total 31,085.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for SHAK in the last 3 months, the mean price target is $75.00 with high estimates of $90.00 and low estimates of $60.00. In terms of 52-week highs and lows, SHAK has a high of $80.58 and a low of $52.01.

As of this writing, SHAK has an earnings estimate of $iShares Cybersecurity and Tech per share for the current quarter. EPS was calculated based on a consensus of Shake Shack, Inc. estimates, with a high estimate of $Spree Acquisition Corp. 1 Limit per share and a lower estimate of $IHAK.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. 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 $10.55, while its Total Shareholder’s Equity was $435.60M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 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 Buy with a score of 3.63.

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