Is Shake Shack stock a good investment?
Shake Shack Inc. ("Shake Shack") (NYSE: SHAK) today announced the pricing of $225 million aggregate principal amount of 0% Convertible Senior Notes due 2028 (the "notes") in a private placement (the "offering") to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").
Is Shake Shack stock a sound investment?
The bottom line: Shake Shack is a strong brand with big plans. But the stock is pricey right now. Historically for this company, a price-to-sales ratio of 3 has been an opportunistic entry point. For now, you could wait for a better entry.
What is the market cap of Shake Shack?
Shake Shack Market Cap: 2.568B for April 11, 2022. Market Cap Chart. Historical Market Cap Data. View and export this data back to 2015. Upgrade now. Date Value; April 11, 2022: 2.568B April 08, 2022: 2.581B April 07, 2022: 2.621B ...
Is Shake Shack expensive?
Since ingredients are more expensive to buy, Shake Shack has to take on a higher cost. To stay afloat, they need to increase the price of their food. This ensures that they keep making a profit and keep running the business. Shake Shack is expensive because the cost of ingredients is expensive. 2. Shipping Bottlenecks
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Is Shake Shack publicly traded?
Shake Shack became a publicly-owned company through an initial public offering (IPO) in early 2015 and now commands a market capitalization of $3.16 billion, as of February 2022.
Is Shak a buy?
Out of 15 analysts, 4 (26.67%) are recommending SHAK as a Strong Buy, 2 (13.33%) are recommending SHAK as a Buy, 8 (53.33%) are recommending SHAK as a Hold, 0 (0%) are recommending SHAK as a Sell, and 1 (6.67%) are recommending SHAK as a Strong Sell. What is SHAK's earnings growth forecast for 2022-2024?
How many shares does Shake Shack have?
Share StatisticsAvg Vol (3 month) 3905.47kShares Outstanding 539.22MImplied Shares Outstanding 62.91MFloat 837.24M% Held by Insiders 15.15%7 more rows
Is Shake Shack in debt?
What Is Shake Shack's Net Debt? As you can see below, Shake Shack had US$243.8m of debt, at March 2022, which is about the same as the year before. You can click the chart for greater detail. However, it does have US$358.9m in cash offsetting this, leading to net cash of US$115.1m.
Should I sell Shake Shack?
Industry trading multiples show that Shake Shack is currently trading below its slower-growth competition while projected revenue estimates for 2022 highlight potential 55% increase in today's share price. I view Shake Shack as a long-term buy and hold with this being a great entry point.
Who owns Shake Shack?
Leonard Green & PartnersShake Shack / Parent organizationLeonard Green & Partners is an American private equity investment firm founded in 1989 and based in Los Angeles. The firm specializes in private equity investments. LGP has invested in over 95 companies since its inception, including Petco and The Container Store. Wikipedia
Who invested in Shake Shack?
Shake Shack has 2 investors including M13 and Alliance Consumer Growth .
Who are the stakeholders of Shake Shack?
Top 10 Owners of Shake Shack Inc The Vanguard Group, Inc. Invesco Advisers, Inc. Amundi Asset Management US, Inc. Van Berkom & Associates, Inc.
Who is the CEO of Shake Shack?
When will shake shack release results?
CEO Randy Garutti of Shake Shack Inc (NYSE: SHAK) said in an interview with CNBC on Thursday that the burger chain is planning a regional expansion drive in Asia, starting with new outlets in South Chin...
How many people will shake shack hire in 2020?
NEW YORK-- (BUSINESS WIRE)--Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE: SHAK), will release First Quarter 2021 financial results on May 6, 2021, after the market closes. In conjunction with ...
How many Shake Shacks are there in China?
Shake Shack has emerged as one of the most diverse employers in America after hiring more than 1,000 people in 2020. But the premium burger chain's executive management team is also one of the least div...
Is Shake Shack expanding to Asia?
Shake Shack (NYSE:SHAK) recently announced plans to expand its footprint of 16 restaurants in China by opening 10 more locations, continuing toward its goal of having 79 restaurants in the region by 2031.
How much does Shake Shack make?
Shake Shack has 'big plans for Asia' as it ramps up expansion in the region. New York burger chain Shake Shack has "big plans for Asia," its CEO has said, as the company embarks on a regional expansion drive. 3 months ago - CNBC.
When is Shake Shack earnings call?
Shake Shack has a market capitalization of $4.38 billion and generates $522.87 million in revenue each year. The company earns $-42,160,000.00 in net income (profit) each year or ($0.56) on an earnings per share basis.
