17 Analysts Assess Shake Shack: What You Need To Know
Portfolio Pulse from Benzinga Insights
Analysts have varied opinions on Shake Shack (NYSE:SHAK), with recent ratings ranging from bullish to bearish. The average 12-month price target has risen to $106.06, up 21.61% from $87.21. Analyst actions include maintaining, raising, and adjusting price targets, reflecting changing market dynamics and company performance. Shake Shack's financial performance shows solid revenue growth of 20.0% as of December 31, 2023, a net margin of 2.52%, but below-average ROE and ROA, indicating potential efficiency challenges.
April 10, 2024 | 7:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Analysts' mixed ratings and the raised average price target to $106.06 reflect optimism. Shake Shack's strong revenue growth and net margin are positives, but its below-average ROE and ROA suggest efficiency challenges.
The raised average price target and positive revenue growth indicate a bullish outlook for SHAK in the short term. However, the mixed analyst ratings and below-average ROE and ROA suggest that investors should be cautious about potential efficiency and profitability challenges.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100