Shake Shack Inc (SHAK)

SHAK (NYSE:Leisure) EQUITY
$34.90
neg -0.74
-2.10%
Today's Range: 34.69 - 35.78 | SHAK Avg Daily Volume: 788,000
Last Update: 06/29/17 - 11:59 AM EDT
Volume: 151,377
YTD Performance: -0.42%
Open: $35.78
Previous Close: $35.64
52 Week Range: $30.36 - $42.94
Oustanding Shares: 36,636,656
Market Cap: 1,300,601,288
6-Month Chart
TheStreet Ratings Grade for SHAK
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 5 5 2 3
Moderate Buy 0 0 0 0
Hold 3 3 5 5
Moderate Sell 0 0 0 0
Strong Sell 1 1 1 1
Mean Rec. 2.03 2.03 2.66 2.48
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: 63.39
Price Earnings Comparisons:
SHAK Sector Avg. S&P 500
63.39 65.70 30.40
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
7.90% 0.99% 0.00%
GROWTH 12 Mo 3 Yr CAGR
Revenue 40.90 2.30 0.48
Net Income 608.90 3.10 0.59
EPS 0.00 -0.90 -0.50
Earnings for SHAK:
EBITDA 0.04B
Revenue 0.27B
Average Earnings Estimates
Qtr (06/17) Qtr (09/17) FY (12/17) FY (12/18)
Average Estimate $0.16 $0.16 $0.50 $0.60
Number of Analysts 8 8 8 8
High Estimate $0.18 $0.19 $0.53 $0.66
Low Estimate $0.15 $0.13 $0.46 $0.51
Prior Year $0.14 $0.15 $0.46 $0.50
Growth Rate (Year over Year) 16.96% 6.67% 8.70% 20.50%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
Despite having little new information vs. yesterday, the market is still riding high.
I would still rather eat a rancid Big Mac than own shares in the company.
The company is in dire need of an executive housecleaning.
But these catalysts could help the fast-food chain's surge.
A look at technicals for Shake Shack and Wendy's,
A bad quarter may only strengthen the activist's hand.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar weakened. The price of crude oil declined by four bits to $49.86. Gold flatlined. Ag commodities rallied: wheat up $0.02, corn up $0.01, soybeans up $0.16 and oats up $0.02. Lumber fell an outsized $9 and closed at a multi-week low. Peak housing? Bonds rallied (I covered a large portion of my bond short early in the day). Yields fell by two to three basis points The 10-year U.S. note yield fell below 1.77% -- though Tepper was quite bearish on bonds. The 2s/10s spread was flat at 95 basis points. Municipals were actually slightly higher in price, but that didn't keep closed-end municipal bond funds from getting schmeissed. the lack of liquidity in that asset class was a subject I wrote about midday. Look at BlackRock Inv. Quality Munic. Trust (BKN) , Invesco Pennsylvania Value Mncpl Incm Tr (VPV) , Etrion (ETX) , BlackRock Municipal Income Trust II (BLE) (more declines of 1.5% to 3%) after a similar drop on Friday! This is supposed to be a conservative asset class, but these funds have lost nearly their annual dividend yields in two days! Junk bonds were slightly weaker but, again, Blackstone/GSO Strategic Credit Fund (BGB) had an outsized decline. Stay far from both closed end municipal bond funds and BGB. Banks were disappointing for the second day in a row. I have expressed my views here. Short JPMorgan Chase (JPM) , Citigroup (C) and Financial Select Sector SPDR Fund (XLF is my Trade of the Week -- down a dime from my cost on the day). See Jim's good columns on sector below. Surprising executive departure at Visa causes price weakness. Insurance was unchanged to lower but brokerages got hit after Friday's strength. Old tech was uneventful. IBM (IBM) down $1 after a slight beat. Retail was a conspicuous market blemish across the board weakness. Home Depot (HD) , Lowe's (LOW)  , Macy's (M) and Nordstrom (JWN) featured losers. Biotech after a very weak Friday. Valeant Pharmaceuticals Intl (VRX) (Ackman) new low, Allergan (AGN)  down $4, but Celgene (CELG)  up $1. Big pharma down small. Consumer staples weakened. Core short, Coca-Cola (KO) , a new low. Autos lower -- Ford at another low. Ag equipment down modestly. (T)FANG mixed. Netflix (NFLX) up big on a nice beat (I remain small short the name) Amazon (AMZN) and Tesla (TSLA) lower. Here are some value-added contributions on our site: 1. Jim "El Capitan" Cramer had several posts on banks.
Today, I'm joining the rogue's gallery -- I'm shorting Disney.
It may be a second-tier brand, but it is still a profitable one that also happens to be asset-rich.

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