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How to Buy Shake Shack Stock

Shake Shack Inc

Shake Shack is a restaurant company located in New York, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker SHAK on the NYSE exchange.

Shake Shack stock last closed at $89.01, down 0.9% from the previous day, and has increased 18.38% in one year. It has underperformed other stocks in the Restaurants industry by 0.1 percentage points. Shake Shack stock is currently +68.61% from its 52-week low of $52.79, and -20.02% from its 52-week high of $111.29.

As of Jun 21, 2024, there are 42.44M shares of SHAK outstanding. The market capitalization of SHAK is $3.78B. In the last 24 hours, 1.03M SHAK shares were traded.

How to Buy Shake Shack Stock

Not sure how to invest in Shake Shack stock? Here's how.
  1. Decide where to buy Shake Shack stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Shake Shack stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Pick your payment method and add your details.
  4. Evaluate Shake Shack stock: The Shake Shack ticker symbol is SHAK. Is Shake Shack stock a good investment? Should you buy shares of SHAK? How do SHAK's underlying business fundamentals look? Do top analysts think Shake Shack is a good buy? Why has SHAK's stock price moved recently? (Hint: Our stock market research tools can help you decide if SHAK is a good stock to buy).
  5. Place your SHAK buy order: Decide if you will purchase SHAK shares at the current market price or use a limit order to purchase SHAK stock at a specific price.
  6. Get the latest scoop on your investment in SHAK: Create a watchlist to monitor your investment in Shake Shack stock.

Step 1: Decide where to buy Shake Shack stock

You need a brokerage account to access the NYSE market and buy SHAK shares.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal info so you can invest in SHAK stock today.

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Step 3: Fund your investment account

Now that you have filled out your info on our top ranked stock trading app, your next step is to transfer the money for your investment:

Check out the tutorial below if you need help depositing funds into your investment account.

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Step 4: Evaluate Shake Shack stock

After you have identified the best place to buy Shake Shack stock, it's important to evaluate their stock before you buy, so you truly comprehend the risk as well as the opportunity.

Overview of key SHAK info

SHAK Price
$89.01
1w %
0.01%
1y %
18.38%
5y %
33.35%
P/E
148.35x
P/B
8.46x
P/S
3.36x
PEG
5.45x
Revenue
$1.12B
Earnings
$23.84M
Fore. Rev. Growth
12.86%
Fore. Earn. Growth
30.22%
Market Cap
$3.78B
Next Earnings
Aug 1, 2024
Next Dividend
N/A

Shake Shack Zen Score

WallStreetZen was created to help part-time investors perform better fundamental analysis.

You can see all of the due diligence checks on SHAK's stock page.

Is SHAK stock undervalued?

You can use many financial metrics, analyses, models, and charts to gauge SHAK's fair value.

Using relative valuations methods:

  • SHAK could be overvalued based on its P/E ratio of 148.35x, relative to Restaurants industry P/E ratio of 40.5x
  • SHAK may be undervalued based on its P/B ratio of 8.46x, relative to Restaurants industry P/B ratio of -233.64x
  • SHAK could be overvalued based on its PEG ratio of 5.45x

You can do more valuation analysis on SHAK's stock here.

A quick look at SHAK Financials

Positive Financial Indicators:

  • SHAK profit margin has gone up from -1.3% to 2.1% in the past year.
  • SHAK has $284.77M in cash and short term investments. This is enough to cover its annual cash burn of $1.91M.
  • There are more short-term assets than short-term liabilities on the SHAK balance sheet.
  • SHAK has cash burn of 1911000. It has sufficient cash and short-term investments to cover this for at least one year.

Negative Financial Indicators:

  • There are more long-term liabilities than short-term assets on the SHAK balance sheet.
  • Total SHAK debt is higher than 5 years ago, relative to shareholder equity.
  • SHAK has a relatively high debt to equity ratio of 2.57.

Do analysts think it's a good time to buy Shake Shack stock

Out of 13 Equities analysts who monitor SHAK, the consensus analyst rating on SHAK is a Buy

It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.

Most Recent SHAK Analyst Recommendations

Jeffrey A. Bernstein, a top 10% analyst from Barclays maintains SHAK with a hold rating and raises their SHAK price target from $92.00 to $108.00, on May 3, 2024.

Jake Bartlett, a top 2% analyst from Truist Securities maintains SHAK with a strong buy rating and raises their SHAK price target from $115.00 to $124.00, on May 3, 2024.

Nick Setyan, a top 9% analyst from Wedbush maintains SHAK with a hold rating and raises their SHAK price target from $100.00 to $110.00, on May 3, 2024.

David Tarantino, a top 4% analyst from Baird maintains SHAK with a hold rating and raises their SHAK price target from $102.00 to $105.00, on May 3, 2024.

Brian Harbour, a top 27% analyst from Morgan Stanley maintains SHAK with a hold rating and raises their SHAK price target from $88.00 to $105.00, on Apr 12, 2024.

You can dig deeper into what analysts are saying on the Shake Shack stock forecast page.

SHAK Trading Indicators

SMA10
91.29
SMA20
93.05
SMA50
97.81
SMA100
97.15
SMA200
80.03
MACD
-2.41
MACD Signal
-2.27
MACD Histogram
-0.14
RSI
38.45
Stochastic %K
21.09
Stochastic %D
29.67
StochRSI %K
59.27
StochRSI %D
66.48

SHAK Performance Metrics

Last year, SHAK earnings were $23.84M. In the past five year, SHAK's earnings have gone up by 4.13% per year. This was slower than the Restaurants industry average of 15.42%.

Last year, SHAK revenue was $1.12B. Over the past five year, SHAK's revenue has increased by 17.94% per year. This was faster than the Restaurants industry average of 8.58%.

Find out more about SHAK's earnings and revenue performance here.

Who is buying/selling SHAK?

In the past year, insiders at SHAK have sold more shares than they have bought.

Katherine Irene Fogertey, Chief Financial Officer of SHAK, was the latest SHAK insider to sell. They sold $931.80 worth of SHAK shares on Jun 18, 2024.

Dig into more about who owns SHAK shares here.

Can I rely on SHAK as an income stream?

No, Shake Shack doesn't provide an income stream by paying out dividends.

What others are saying about SHAK

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Step 5: Place your SHAK buy order

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a particular dollar amount, use a limit order.

Press the Open button and your broker will place the order.

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Step 6: Get the latest scoop on your investment in SHAK

Now that you own some shares in SHAK, you'll want to stay up-to-date on your new company.

Add SHAK to a watchlist to track the most important metrics related to your SHAK stock.

SHAK Feed

How to Buy Stock in Shake Shack

To summarize, here are the 6 steps to buy stock in Shake Shack:

  1. Decide where to buy Shake Shack stock
  2. Create a brokerage account
  3. Fund your investment account
  4. Evaluate Shake Shack stock
  5. Place your SHAK buy order
  6. Get the latest scoop on your investment in SHAK

If you require a brokerage, eToro is our recommended venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep an eye on your investment in Shake Shack, click the button below.

NYSE: SHAK
$89.01-0.81 (-0.9%)
Updated Jun 21, 2024
Open eToro Account
NYSE: SHAK
$89.01-0.81 (-0.9%)
Updated Jun 21, 2024
Open eToro Account

FAQ

How much does it cost to buy one Shake Shack share?

As of Jun 21, 2024, it costs $89.01 to buy one share of Shake Shack stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.112 shares of SHAK.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Shake Shack stock?

According to 13 Wall Street analysts who monitor Shake Shack, their consensus recommendation is to buy Shake Shack stock.

What is the best way to buy Shake Shack stock?

One way to place an order for Shake Shack stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.