As of May, 3 Shake Shack Inc. (SHAK) Analysts See $0.09 EPS

As of May, 3 Shake Shack Inc. (SHAK) Analysts See $0.09 EPS

Shake Shack (NYSE:SHAK) last announced its quarterly earnings results on Thursday, February 15th.

On average, analysts expect that Shake Shack will report full-year sales of $448.41 million for the current fiscal year, with estimates ranging from $444.34 million to $455.37 million. The company was upgraded on Thursday, December 7 by Morgan Stanley. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, four have issued a buy recommendation and two have given a strong buy recommendation to the company.

Shake Shack stock traded up $0.11 during trading hours on Tuesday, reaching $43.44. SHAK outperformed by 15.57% the S&P 500. The stock's average target of $94 is 571.43% above today's ($14) share price. On Friday, February 16 SunTrust maintained the shares of SHAK in report with "Buy" rating. Insiders sold a total of 388,000 shares of company stock valued at $15,948,997 over the last quarter. Crossmark Global Holdings Inc. bought a new position in Shake Shack during the 4th quarter worth $236,000. (NYSE:SHAK) has "Equal-Weight" rating given by Barclays Capital. About 281,851 shares traded. Mallinckrodt Public Limited Company (MNK) has declined 68.69% since April 16, 2017 and is downtrending. It has underperformed by 21.59% the S&P500.

In other news, Director Daniel Harris Meyer sold 100,000 shares of the business's stock in a transaction that occurred on Thursday, February 1st. (NYSE:SHAK) rating. Cowen & Co has "Hold" rating and $36.0 target. On Tuesday, January 16 the stock of Shake Shack Inc.

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. It now has negative earnings. Zacks Investment Research's EPS calculations are an average based on a survey of research firms that that provide coverage for Shake Shack. The stock presently has an average rating of "Buy" and an average price target of $40.81. (NYSE:SHAK)'s stock was 0.56%. The firm earned "Underperform" rating on Friday, December 22 by Jefferies. On Thursday, November 2 Barclays Capital maintained the shares of SHAK in report with "Equal-Weight" rating. The ratio dived, as 118 funds opened new or increased holdings, while 167 trimmed and sold positions in Mallinckrodt PLC. Guggenheim Ltd Liability Company accumulated 0.1% or 256,191 shares. Municipal Employees Retirement System of MI now owns 6,960 shares of the company's stock worth $231,000 after acquiring an additional 2,580 shares during the period. Following the transaction, the chief executive officer now directly owns 38,041 shares of the company's stock, valued at $1,560,061.41. If reported the P/E will be 122.08 with $3.36 million profit. Spark Investment Management Llc owns 503,400 shares or 0.61% of their U.S. portfolio. As of December 27, 2017, it had 159 Shacks, including 90 domestic company-operated Shacks, 10 domestic licensed Shacks, and 59 worldwide licensed Shacks. Neuberger Berman Group LLC now owns 24,194 shares of the company's stock worth $839,000 after buying an additional 4,244 shares during the period. Enterprise Corp holds 0% in Whirlpool Corporation (NYSE:WHR) or 6 shares. After $4.10 actual EPS reported by Whirlpool Corporation for the previous quarter, Wall Street now forecasts -25.85% negative EPS growth.

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