Zacks Research Decreases Earnings Estimates for Shake Shack

Shake Shack, Inc. (NYSE:SHAK) – Equities research analysts at Zacks Research dropped their Q3 2026 earnings per share (EPS) estimates for shares of Shake Shack in a research report issued on Wednesday, August 19th. Zacks Research analyst Team now expects that the company will earn $0.34 per share for the quarter, down from their prior estimate of $0.37. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Shake Shack’s current full-year earnings is $1.13 per share. Zacks Research also issued estimates for Shake Shack’s Q4 2026 earnings at $0.37 EPS, FY2026 earnings at $1.15 EPS, Q1 2028 earnings at $0.20 EPS, Q2 2028 earnings at $0.49 EPS and FY2028 earnings at $1.57 EPS.

Other research analysts also recently issued research reports about the stock. Guggenheim cut their target price on shares of Shake Shack from $120.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Stifel Nicolaus upgraded Shake Shack from a “hold” rating to a “buy” rating and cut their price target for the company from $105.00 to $85.00 in a report on Friday, May 8th. UBS Group reduced their price target on Shake Shack from $79.00 to $68.00 and set a “neutral” rating for the company in a research report on Monday, August 3rd. Mizuho set a $90.00 price target on Shake Shack in a research report on Thursday, August 6th. Finally, Robert W. Baird set a $72.00 price objective on Shake Shack in a research note on Wednesday, August 5th. Fifteen equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $89.74.

Shake Shack Stock Up 3.4%

NYSE:SHAK opened at $73.38 on Thursday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.67 and a quick ratio of 1.64. Shake Shack has a 1-year low of $51.60 and a 1-year high of $107.49. The company has a 50-day moving average of $61.45 and a 200 day moving average of $76.79. The firm has a market cap of $3.14 billion, a PE ratio of 78.07, a price-to-earnings-growth ratio of 7.78 and a beta of 1.63.

Shake Shack (NYSE:SHAK) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.31 by $0.12. The firm had revenue of $417.62 million for the quarter, compared to analyst estimates of $417.18 million. Shake Shack had a return on equity of 9.29% and a net margin of 2.56%.The business’s revenue for the quarter was up 17.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.44 earnings per share.

Institutional Investors Weigh In On Shake Shack

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Geneos Wealth Management Inc. purchased a new stake in shares of Shake Shack during the first quarter valued at $26,000. Hilton Head Capital Partners LLC acquired a new position in shares of Shake Shack in the 4th quarter valued at $25,000. Assetmark Inc. raised its stake in Shake Shack by 457.6% in the 4th quarter. Assetmark Inc. now owns 368 shares of the company’s stock worth $30,000 after acquiring an additional 302 shares during the last quarter. UMB Bank n.a. raised its stake in Shake Shack by 42.2% in the 4th quarter. UMB Bank n.a. now owns 391 shares of the company’s stock worth $32,000 after acquiring an additional 116 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new stake in Shake Shack during the 3rd quarter valued at about $38,000. 86.07% of the stock is currently owned by institutional investors and hedge funds.

About Shake Shack

Shake Shack, Inc (NYSE: SHAK) is a publicly traded hospitality company known for its modern take on the classic American roadside burger stand. The company operates a chain of quick-casual restaurants offering premium hamburgers, hot dogs, crinkle-cut fries, frozen custard, milkshakes and a curated selection of beer and wine. Shake Shack emphasizes high-quality ingredients, including 100% all-natural Angus beef with no hormones or antibiotics, and works with local suppliers where possible to maintain its commitment to fresh, responsibly sourced food.

Shake Shack traces its origins to a hot dog cart opened in New York City’s Madison Square Park in 2001 by Danny Meyer’s Union Square Hospitality Group.