Shake Shack Inc (NYSE: SHAK) has reported E.P.S. of $0.19 for its third fiscal quarter (ending September 30) versus $-0.05 for the same period a year ago. This result exceeded the consensus estimate of $0.10 by $0.09. For the latest four quarters through September 30, E.P.S. were $0.06 compared to $-0.59 a year ago.
Recent Price Action
Shake Shack Inc (NYSE: SHAK) stock closed at $56.47 on 11/2/23 after a decline of -1.4%. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 0.7% during the last week.
Current PriceTarget Research Rating
SHAK is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Shake Shack has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR's two proprietary measures of a stock's attractiveness. Shake Shack has a very low Appreciation Score of 5 but a very high Power Rating of 90, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.