Streetbeat News

SHAK

Shake Shack Inc.

https://www.shakeshack.com

Industry

Restaurants

Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants (Shacks) in the United States and internationally. Its Shacks offers hamburgers, hot dogs, chicken, crinkle cut fries, shakes, frozen custard, beer, wine, and other products. As of December 29, 2021, it operated 369 Shacks, including 218 domestic company-operated Shacks, 25 domestic licensed Shacks, and 126 international licensed Shacks. Shake Shack Inc. was founded in 2001 and is headquartered in New York, New York.

Open

130.12

Mkt cap

5.3B

Volume

130K

High

132.43

P/E Ratio

657.75

52-wk high

134.90

Low

129.14

Div yield

N/A

52-wk low

54.06

Serve Robotics, a company involved in robotics, has the ticker symbol 'SERV'.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:19 pm

Serve Robotics and Shake Shack have announced a partnership to deliver Shake Shack orders using Serve's autonomous delivery robots via Uber Eats, the delivery platform of Uber Technologies.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:15 am

The article highlights the top-performing mid-cap stocks from July 28 to August 3, including Lumen Technologies, Shake Shack, Parsons Corp, Clearwater Analytics Holdings, Repligen Corp, Frontdoor Inc, and NeoGenomics. These companies saw significant stock price increases due to positive earnings reports, supply agreements, and raised revenue outlooks.

Portfolio Pulse from Lekha Gupta

August 05, 2024 | 12:01 am

Shares of hotel, restaurant, and leisure companies are trading lower due to overall market weakness following weak US data.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:27 pm

Deutsche Bank analyst Lauren Silberman maintains a Hold rating on Shake Shack (NYSE:SHAK) and raises the price target from $105 to $115.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:11 pm

Goldman Sachs analyst Christine Cho maintains a Buy rating on Shake Shack (NYSE:SHAK) and raises the price target from $110 to $125.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:50 pm

Barclays analyst Jeffrey Bernstein maintains an Equal-Weight rating on Shake Shack (NYSE:SHAK) and raises the price target from $108 to $110.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 3:35 pm

Baird analyst David Tarantino maintains a Neutral rating on Shake Shack (NYSE:SHAK) and raises the price target from $93 to $105.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 2:42 pm

Shake Shack, Inc. (NYSE:SHAK) reported better-than-expected Q2 results, with sales surpassing analyst expectations. The company also provided positive guidance for FY2024. Analysts have raised their price targets following the earnings announcement.

Portfolio Pulse from Avi Kapoor

August 02, 2024 | 1:33 pm

Truist Securities analyst Jake Bartlett maintains a Buy rating on Shake Shack (NYSE:SHAK) and raises the price target from $125 to $127.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 1:24 pm

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