With 0.59 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.0 million shares. During the session, the Restaurants company that operates in wider Consumer Cyclical sector, reached to the highest price of $99.99 whereas the lowest price it dropped to was $96.58. The 52-week range on SHAK shows that it touched its highest point at $110.90 and its lowest point at $52.64 during that stretch. It currently has a 1-year price target of $105.52. Beta for the stock currently stands at 1.81.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SHAK was down-trending over the past week, with a drop of -5.29%, but this was down by -6.39% over a month. Three-month performance surged to 47.30% while six-month performance rose 77.85%. The stock gained 76.97% in the past year, while it has gained 30.96% so far this year. A look at the trailing 12-month EPS for SHAK yields 0.46 with Next year EPS estimates of 0.95. For the next quarter, that number is 0.09. This implies an EPS growth rate of 84.80% for this year and 38.22% for next year. EPS is expected to grow by 44.33% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -2.36%.
Float and Shares Shorts:
At present, 39.47 million SHAK shares are outstanding with a float of 37.47 million shares on hand for trading. On 2024-03-28, short shares totaled 3.16 million, which was 8.0 higher than short shares on 1709164800. In addition to Mr. Daniel Harris Meyer as the firm’s Founder & Chairman of the Board of Directors, Mr. Randall J. Garutti serves as its CEO & Director.
Institutional Ownership:
Through their ownership of 0.9553 of SHAK’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-27, SHAK reported revenue of $286243000.0 and operating income of $4742000.0. The EBITDA in the recently reported quarter was $33029000.0 and diluted EPS was $0.15.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SHAK since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
