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Shake Shack Inc Stock Research

SHAK

65.40USD-0.50(-0.76%)Delayed

Market Summary

USD65.40-0.50
Delayed
-0.76%

SHAK Stock Price

SHAK RSI Chart

SHAK Valuation

Market Cap

2.2B

Price/Earnings (Trailing)

-90.07

Price/Sales (Trailing)

2.41

EV/EBITDA

43.65

Price/Free Cashflow

-32.97

SHAK Price/Sales (Trailing)

SHAK Profitability

EBT Margin

-2.70%

Return on Equity

-6.1%

Return on Assets

-1.61%

Free Cashflow Yield

-3.03%

SHAK Fundamentals

SHAK Revenue

Revenue (TTM)

900.5M

Revenue Y/Y

17.35%

Revenue Q/Q

4.7%

SHAK Earnings

Earnings (TTM)

-24.1M

Earnings Y/Y

-10.14%

Earnings Q/Q

-429.5%

Price Action

52 Week Range

37.7271.94
(Low)(High)

Last 7 days

-1.9%

Last 30 days

22.2%

Last 90 days

15.7%

Trailing 12 Months

38.4%

SHAK Financial Health

Current Ratio

2.33

Debt/Equity

0.62

Debt/Cashflow

0.31

SHAK Investor Care

Shares Dilution (1Y)

0.35%

Diluted EPS (TTM)

-0.61

Peers (Alternatives to Shake Shack)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
212.6B
23.4B
-1.28% 17.90%
34.42
9.17
-1.47% -3.33%
113.2B
34.0B
-11.61% 35.24%
31.83
3.33
8.52% -19.36%
57.2B
9.0B
3.04% 54.45%
55.41
6.37
14.78% 50.90%
39.0B
6.9B
-5.91% 11.32%
31.81
5.62
4.44% -25.61%
19.6B
10.3B
8.59% 31.48%
20.64
1.9
10.91% -8.76%
MID-CAP
10.3B
17.7B
18.17% 18.56%
41.82
0.58
23.57% 68.31%
7.4B
4.0B
2.10% 39.70%
27.46
1.85
15.91% 10.00%
6.0B
390.0M
0.69% 166.04%
100.38
15.43
35.42% 57.02%
4.7B
2.1B
1.51% 19.42%
26.14
2.2
10.92% -8.47%
2.2B
900.5M
22.15% 38.41%
-90.07
2.41
21.70% -178.35%
SMALL-CAP
1.6B
2.0B
-2.56% -12.98%
11.69
0.82
50.64% 26.23%
729.2M
1.3B
9.24% 19.93%
119.59
0.55
14.11% 512.76%
686.3M
505.9M
39.36% 20.13%
17.77
1.36
17.88% -8.64%
658.4M
434.2M
7.07% 64.09%
27.94
1.52
6.10% -18.87%
647.9M
470.8M
7.99% 13.76%
12.12
1.38
11.91% -30.35%

Financials for Shake Shack

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue4.1%900,486,000865,213,000831,294,000788,002,000739,893,000
Operating Expenses3.9%927,380,000892,286,000856,187,000808,769,000755,746,000
  S&GA Expenses5.5%118,790,000112,601,000106,460,00097,751,00085,996,000
EBITDA14.2%50,029,00043,795,00041,047,00041,128,00043,233,000
EBITDA Margin9.8%0.060.050.050.050.06
Earnings Before Taxes9.7%-24,285,000-26,902,000-26,061,000-22,409,000-17,335,000
EBT Margin13.3%-0.03-0.03-0.03-0.03-0.02
Interest Expenses1.3%1,518,0001,498,0001,373,0001,417,0001,577,000
Net Income-4.3%-24,091,000-23,104,000-23,258,000-20,126,000-8,655,000
Net Income Margin-0.2%-0.03-0.03-0.03-0.03-0.01
Free Cahsflow-12.6%-65,818,000-58,445,000-55,495,000-49,894,000-43,093,000
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-0.5%1,4951,5021,4801,4501,458
  Current Assets-6.3%344367388387410
    Cash Equivalents-10.3%231257278279302
  Inventory4.7%4.004.004.004.004.00
  Net PPE5.7%467442411399389
Liabilities0.1%1,0751,0741,0521,0241,022
  Current Liabilities2.2%148145134126121
  Long Term Debt0.1%245244244244244
Shareholder's Equity-2.1%395403428425410
  Retained Earnings-109.1%-20.54-9.82-7.80-6.614.00
  Additional Paid-In Capital0.6%416413411407406
Accumulated Depreciation6.9%272254237223-
Shares Outstanding0.1%39.0039.0039.00--
Minority Interest-0.5%25.0025.0025.0025.0026.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations11.2%77.0069.0057.0056.0058.00
  Share Based Compensation3.3%13.0013.0012.0010.009.00
Cashflow From Investing-12.1%-143-127-112-145-144
Cashflow From Financing5.2%-5.20-5.48-5.95-6.45242

Risks for SHAK

What is the probability of a big loss on SHAK?

90%


Probability that Shake Shack stock will be more than 20% underwater in next one year

85%


Probability that Shake Shack stock will be more than 30% underwater in next one year.

55.8%


Probability that Shake Shack stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SHAK drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Shake Shack was unfortunately bought at previous high price.

Drawdowns

Returns for SHAK

Cumulative Returns on SHAK

8.1%


7-Year Cumulative Returns

2.3%


5-Year Cumulative Returns

6.9%


3-Year Cumulative Returns

What are the long-term rolling returns for SHAK?

FIve years rolling returns for Shake Shack.

Annualized Returns

Which funds bought or sold SHAK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-23
Brookfield Corp /ON/
new
-
472,886
472,886
-%
2023-05-23
Capital Impact Advisors, LLC
unchanged
-
160,693
638,745
0.78%
2023-05-22
Raleigh Capital Management Inc.
unchanged
-
699
2,775
-%
2023-05-22
PUTNAM INVESTMENTS LLC
reduced
-7.95
96,180
10,241,200
0.02%
2023-05-22
AMERIPRISE FINANCIAL INC
reduced
-4.07
1,842,240
8,399,240
-%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-19.81
105,000
1,572,000
-%
2023-05-18
JPMORGAN CHASE & CO
reduced
-44.51
-923,504
2,651,500
-%
2023-05-17
Thrivent Financial for Lutherans
reduced
-3.39
462,000
2,052,000
-%
2023-05-17
Westside Investment Management, Inc.
unchanged
-
16,635
16,647
-%
2023-05-16
Hudson Bay Capital Management LP
new
-
3,641,590
3,641,590
0.02%

1–10 of 34

Latest Funds Activity

Are funds buying SHAK calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own SHAK
No. of Funds

Shake Shack News

Forbes
Don’t Bailout This IPO ‘CAVAstrophe’.
Forbes,
42 hours ago
Zacks Investment Research
Marketscreener.com
InvestorsObserver
TheStreet
3 Stocks to Buy.
TheStreet,
10 days ago

Schedule 13G FIlings of Shake Shack

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 13, 2023
alger associates inc
0.7%
263,811
SC 13G/A
Feb 14, 2023
gilder gagnon howe & co llc
4.1%
1,616,128
SC 13G/A
Feb 14, 2023
alger associates inc
6.0%
2,370,170
SC 13G/A
Feb 09, 2023
vanguard group inc
10.47%
4,114,443
SC 13G/A
Jan 27, 2023
blackrock inc.
15.8%
6,204,596
SC 13G/A
Jan 23, 2023
blackrock inc.
15.8%
6,204,596
SC 13G/A
May 10, 2022
alger associates inc
10.4%
4,081,160
SC 13G/A
Mar 11, 2022
blackrock inc.
17.0%
6,662,315
SC 13G/A
Feb 14, 2022
select equity group, l.p.
0%
0
SC 13G/A
Feb 14, 2022
alger associates inc
9.3%
3,640,306
SC 13G/A

SHAK Fair Value

Recent SEC filings of Shake Shack

View All Filings
Date Filed Form Type Document
May 25, 2023
4
Insider Trading
May 19, 2023
DEFA14A
DEFA14A
May 19, 2023
DEF 14A
DEF 14A
May 19, 2023
ARS
ARS
May 16, 2023
8-K
Current Report
May 16, 2023
3
Insider Trading
May 05, 2023
10-Q
Quarterly Report
May 04, 2023
8-K
Current Report
Apr 27, 2023
10-K/A
Annual Report
Mar 17, 2023
4
Insider Trading

Latest Insider Trading transactions for SHAK

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-15
Koff Zach
sold (taxes)
-29,399
55.47
-530
chief operating officer
2023-03-02
Koff Zach
sold (taxes)
-18,084
57.23
-316
chief operating officer
2023-03-01
Fogertey Katherine Irene
sold (taxes)
-56,271
57.07
-986
chief financial officer
2023-03-01
Koff Zach
sold (taxes)
-93,195
57.07
-1,633
chief operating officer
2023-03-01
GARUTTI RANDALL J
acquired
-
-
26,284
chief executive officer
2023-03-01
Koff Zach
acquired
-
-
10,076
chief operating officer
2023-03-01
Fogertey Katherine Irene
acquired
-
-
10,076
chief financial officer
2023-02-02
Koff Zach
sold
-300,000
60.00
-5,000
chief operating officer
2023-02-02
Flug Jeffrey
sold
-111,970
60.07
-1,864
-
2023-02-02
Koff Zach
acquired
105,000
21.00
5,000
chief operating officer

1–10 of 50

Randall Garutti
9700
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. As of December 29, 2021, it operated 369 Shacks, including 218 domestic company-operated Shacks, 25 domestic licensed Shacks, and 126 international licensed Shacks. Shake Shack Inc. was founded in 2001 and is headquartered in New York, New York.

SHAK Income Statement

2023-03-29
CONDENSED CONSOLIDATED STATEMENT OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 29, 2023
Mar. 30, 2022
TOTAL REVENUE$ 253,278$ 203,391
Shack-level operating expenses:  
Food and paper costs71,77259,884
Labor and related expenses74,26460,465
Other operating expenses34,93630,171
Occupancy and related expenses18,58316,276
General and administrative expenses31,31131,386
Depreciation and amortization expense21,32216,855
Pre-opening costs3,5572,712
Impairment and loss on disposal of assets722577
TOTAL EXPENSES256,467218,326
LOSS FROM OPERATIONS(3,189)(14,935)
Total2,837(289)
Interest expense(403)(355)
LOSS BEFORE INCOME TAXES(755)(15,579)
Income tax expense (benefit)867(4,297)
NET LOSS(1,622)(11,282)
Reallocation of net income attributable to non-controlling interests from the assumed conversion of Class B shares(88)(1,120)
NET LOSS ATTRIBUTABLE TO SHAKE SHACK INC.$ (1,534)$ (10,162)
Loss per share of Class A common stock:  
Basic (in dollars per share)$ (0.04)$ (0.26)
Diluted (in dollars per share)$ (0.04)$ (0.26)
Weighted average shares of Class A common stock outstanding:  
Basic (in shares)39,33239,163
Diluted (in shares)39,33239,163
Shack sales  
TOTAL REVENUE$ 244,254$ 196,791
Licensing revenue  
TOTAL REVENUE$ 9,024$ 6,600

SHAK Balance Sheet

2023-03-29
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 29, 2023
Dec. 28, 2022
Current assets:  
Cash and cash equivalents$ 293,430$ 230,521
Marketable securities080,707
Accounts receivable, net14,17513,877
Inventories4,3944,184
Prepaid expenses and other current assets18,07514,699
Total current assets330,074343,988
Property and equipment, net of accumulated depreciation of $310,939 and $290,362, respectively479,617467,031
Operating lease assets379,475367,488
Deferred income taxes, net301,538300,538
Other assets16,21115,817
TOTAL ASSETS1,506,9151,494,862
Current liabilities:  
Accounts payable16,00220,407
Accrued expenses45,67747,945
Accrued wages and related liabilities18,67817,576
Operating lease liabilities, current44,57842,238
Other current liabilities18,11719,552
Total current liabilities143,052147,718
Long-term debt244,851244,589
Long-term operating lease liabilities441,554427,227
Liabilities under tax receivable agreement, net of current portion235,361234,893
Other long-term liabilities22,19220,687
Total liabilities1,087,0101,075,114
Commitments and contingencies (Note 13)
Stockholders' equity:  
Preferred stock, no par value—10,000,000 shares authorized; none issued and outstanding as of March 29, 2023 and December 28, 2022.00
Additional paid-in capital417,451415,611
Accumulated deficit(22,071)(20,537)
Accumulated other comprehensive loss(4)0
Total stockholders' equity attributable to Shake Shack Inc.395,418395,116
Non-controlling interests24,48724,632
Total equity419,905419,748
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY1,506,9151,494,862
Class A Common Stock  
Stockholders' equity:  
Common stock3939
Class B Common Stock  
Stockholders' equity:  
Common stock$ 3$ 3