Recent extremely meaningful positive changes in investment behavior have benefitted Shake Shack Inc (NYSE: SHAK): the stock rose on very heavy volume, and the stock’s recent price rise disrupted its longer term downtrend.
Recent significant positive changes in fundamentals have benefitted Shake Shack Inc (NYSE: SHAK): the consensus estimate for December, 2025 increased significantly, and the consensus estimate for December, 2024 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
SHAK is expected to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Shake Shack has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Shake Shack has a very low Appreciation Score of 8 but a very high Power Rating of 88, producing the Neutral Value Trend Rating.
Recent Price Action
Shake Shack Inc (NYSE: SHAK) stock closed at $90.00 on 6/28/24 after a large increase of 2.2%. Moreover, trading volume in this advance was exceptionally high at 227% of normal. The stock is unchanged during the last week and has been exceptionally strong relative to the market over the last nine months.
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