에 대한 최신 뉴스 Shake Shack (NYSE:SHAK) 주식

Shake Shack

Shake Shack Inc is a roadside burger stand. It is serving a classic American menu of premium burgers, hot dogs, crispy chicken, frozen custard, crinkle-cut fries, shakes, beer, wine and more. The company's burgers are made with a whole-muscle blend of all-natural, hormone and antibiotic-free Angus beef, ground fresh daily, cooked to order and served on a non-genetically modified organism (GMO) potato bun. Its menu focuses on food and beverages, crafted from a range of classic American foods. The company serves draft Root Beer, seasonal freshly-squeezed lemonade, organic fresh brewed iced tea, cold brew coffee, organic apple juice, and Shack20 bottled water.

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다음은 지난주 큰 폭의 상승세를 보인 7개의 중형주 주식이다. 이 주식들은 여러분의 포트폴리오에 있나요? 루멘 테크놀러지스(NYSE:LUMN)의 주가는 65.95% 상승했다. 이 회사는 데이터 센터의 AI 수요를 지원하기 위해 코닝과 차세대 광섬유 케이블 공급 계약을 체결했다.

쉐이크쉑와 루멘 테크는 지난주 최고 성과를 보여준 7개 중형주 중 일부 (7월 28일-8월 3일)

Shake Shack Inc

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/12/19/final-trades-cheniere-energy-qxo-first-trust-nasdaq-cybersecurity-and-shake-shack.html">Halftime Report Final Trades</a>,&#8221; Jim Lebenthal of Cerity Partners named Cheniere Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>) as his final trade, saying we are going to export liquified natural gas<a href="https://www.benzinga.com/quote/LNG/earnings"> all over the world.</a>
On Oct. 31, Cheniere Energy reported better-than-expected third-quarter financial results and raised its FY24 adjusted EBITDA guidance. Cheniere Energy reported quarterly earnings of $3.93 per share which beat the analyst consensus estimate of $1.87 per share. The company reported quarterly sales of $3.763 billion which beat the analyst consensus estimate of $3.729 billion.
Stephen Weiss of Short Hills Capital Partners picked QXO, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QXO#NASDAQ">QXO</a>) as his final trade.
On Nov. 13, QXO, reported its financial results for the third quarter 2024. The company reported a loss of 1 cent per basic and diluted share attributable to common shareholders.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here </a>
Liz Young Thomas of SoFi named First Trust NASDAQ Cybersecurity ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIBR#NASDAQ">CIBR</a>).
Joshua Brown of Ritholtz Wealth Management picked Shake Shack Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) as his final trade.
On Dec. 19, Truist Securities analyst Jake Bartlett maintained Shake Shack with a Buy and raised the price target from $144 to $147.
Price Action:
<ul>
<li>Cheniere Energy shares fell by 0.3% to close at $205.94 on Thursday.</li>
<li>QXO shares gained 0.8% to close at $16.12 during Thursday's session.</li>
<li>First Trust NASDAQ Cybersecurity ETF rose by 0.1% on Thursday.</li>
<li>Shake Shack gained by 3% to settle at $129.63 during Thursday's session.</li>
</ul>
Check This Out:<a href="https://www.benzinga.com/24/12/42582254/top-3-consumer-stocks-you-may-want-to-dump-this-quarter"> </a>
<ul>
<li><a href="https://www.benzinga.com/24/12/42582254/top-3-consumer-stocks-you-may-want-to-dump-this-quarter">Top 3 Consumer Stocks You May Want To Dump This Quarter</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

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Shake Shack, Cheniere Energy, QXO And More: CNBC's 'Final Trades'

Throughout the last three months, 6 analysts have evaluated Shake Shack (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>), offering a diverse set of opinions from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $128.0, a high estimate of $147.00, and a low estimate of $102.00. Surpassing the previous average price target of $120.50, the current average has increased by 6.22%.
<img src="https://www.benzinga.com/files/images/story/2024/1734645634_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
The analysis of recent analyst actions sheds light on the perception of Shake Shack by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jake Bartlett</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$147.00</td>
<td>$144.00</td>
</tr>
<tr>
<td>Jake Bartlett</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$144.00</td>
<td>$127.00</td>
</tr>
<tr>
<td>Jeffrey Bernstein</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$125.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>Brian Bittner</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$135.00</td>
<td>$122.00</td>
</tr>
<tr>
<td>Jeffrey Bernstein</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$115.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>John Ivankoe</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$102.00</td>
<td>$105.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Shake Shack. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Shake Shack compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Shake Shack's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Shake Shack's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/SHAK/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Shake Shack analyst ratings.</a>
<h2>Unveiling the Story Behind Shake Shack</h2>
Shake Shack Inc is a roadside burger stand. It is serving a classic American menu of premium burgers, hot dogs, crispy chicken, frozen custard, crinkle-cut fries, shakes, beer, wine and more. The company's burgers are made with a whole-muscle blend of all-natural, hormone and antibiotic-free Angus beef, ground fresh daily, cooked to order and served on a non-genetically modified organism (GMO) potato bun. Its menu focuses on food and beverages, crafted from a range of classic American foods. The company serves draft Root Beer, seasonal freshly-squeezed lemonade, organic fresh brewed iced tea, cold brew coffee, organic apple juice, and Shack20 bottled water.
<h3>Understanding the Numbers: Shake Shack's Finances</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Shake Shack's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 14.74%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -3.22%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Shake Shack's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -2.22%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Shake Shack's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.61%, the company may face hurdles in achieving optimal financial performance.
Debt Management: With a below-average debt-to-equity ratio of 1.76, Shake Shack adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>Analyst Ratings: What Are They?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

6 Analysts Have This To Say About Shake Shack

Truist Securities analyst Jake Bartlett maintains Shake Shack (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) with a Buy and raises the price target from $144 to $147.

Price Target

Truist Securities Maintains Buy on Shake Shack, Raises Price Target to $147

Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) announced on Tuesday that it will soon serve Shake Shack, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) burgers to its first-class <a href="https://www.benzinga.com/24/11/42087211/delta-charts-its-path-to-high-margins-and-shareholder-gains-at-2024-investor-day">passengers on select flights. </a>
What Happened: Delta&#8217;s <a href="https://news.delta.com/now-boarding-delta-serve-shake-shack-burgers-flights">partnership</a> with Shake Shack will begin on flights out of Boston on Dec. 1. 
First-class customers on routes over 900 miles may pre-select a Shake Shack cheeseburger as their meal option. Delta said it has plans to expand the offering to other U.S. markets throughout 2025. 
"A delicious cheeseburger is an iconic comfort food – our customers know that which is why burgers are one of the top ordered menu items we offer, and we're thrilled to elevate the offering with Shake Shack," said Delta managing director Stephanie Laster. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">.<a href="https://twitter.com/Delta?ref_src=twsrc%5Etfw">@Delta</a>'s first-of-its-kind partnership with Shake Shack will begin on flights out of Boston on Dec. 1, with plans for expansion to other U.S. markets throughout 2025.<a href="https://t.co/rKoNsij02K">https://t.co/rKoNsij02K</a>
&mdash; Delta News Hub (@DeltaNewsHub) <a href="https://twitter.com/DeltaNewsHub/status/1858875363721400601?ref_src=twsrc%5Etfw">November 19, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Read More:<a href="https://www.benzinga.com/general/travel/24/11/42014787/delta-united-alaska-air-are-top-analyst-picks-in-airline-sector"> Delta, United, Alaska Air Are Top Analyst Picks In Airline Sector</a>
Delta has a separate partnership with Shake Shack's founder Danny Meyer and his Union Square Hospitality Group (USGH). Meals from Union Square Events, USHG's catering arm, are available on select Delta flights out of JFK airport.&nbsp;
Why It Matters: Airlines of <a href="https://www.travelandleisure.com/airlines-airports/old-airline-meals">yesteryear</a> would typically serve up lavish meals to passengers, including lobster, roasted chicken and foie grois. Today, it&#8217;s fast-food cheeseburgers. 
Still, it&#8217;s enough to convince investment bank Goldman Sachs analysts to praise Delta&#8217;s penchant for catering to first-class passengers. A move like this is key to the carrier&#8217;s recent recovery from the COVID-19 pandemic travel restrictions, analysts say. 
Delta's First Class offerings include priority check-in and boarding, free earbuds and in-flight entertainment, luxury bedding, as well as complimentary Starbucks Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) coffee, wine, beer, spirits and soft drinks. 
Other perks include free Wi-Fi, charging outlets, gourmet dining options, reclining seats and additional legroom. 
Goldman Sachs&#8217; Catherine O&#8217;Brien expects airlines exposed to premium and corporate demand to outperform other airlines that do not offer as many options and upgrades. 
Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Delta Air Lines shares are down 0.06% at $64.71 at the time of publication Wednesday. 
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/etfs/24/11/42044642/trump-appears-frustrated-as-elon-musk-chimes-in-on-treasury-secretary-adds-more-names-to-a-list-of-potential-picks">Trump Appears &#8216;Frustrated&#8217; As Elon Musk Chimes In On Treasury Secretary, Adds More Names To Short List&nbsp;</a></li>
</ul>
Image: Shutterstock&nbsp;

Travel

Restaurants

General

SBUX

Delta Will Serve Shake Shack Burgers As Airline Continues Catering To First-Class

<a href="https://news.delta.com/now-boarding-delta-serve-shake-shack-burgers-flights">https://news.delta.com/now-boarding-delta-serve-shake-shack-burgers-flights</a>
&nbsp;
In a sky-high collaboration that's sure to make your taste buds take off, Delta is teaming up with Shake Shack to serve delicious burgers at 30,000 feet.&nbsp;&nbsp;
Delta's first-of-its-kind partnership with Shake Shack will begin on flights out of Boston on Dec. 1, with plans for expansion to other U.S. markets throughout 2025. Customers sitting in First Class on routes over 900 miles will be able to pre-select a Shake Shack Cheeseburger as their meal option.&nbsp;
"A delicious cheeseburger is an iconic comfort food – our customers know that which is why burgers are one of the top ordered menu items we offer, and we're thrilled to elevate the offering with Shake Shack," said Stephanie Laster, Managing Director of Onboard Service. "However, our partnership with Shake Shack goes beyond the burger. Shake Shack's people-first culture and commitment to enriching their neighborhoods are spot on with our own brand values of service excellence and helping the communities we serve."&nbsp;

Delta To Serve Shake Shack Burgers On Flights; Delta's Partnership With Shake Shack Will Begin On Flights Out Of Boston On Dec. 1, With Plans For Expansion To Other U.S. Markets Throughout 2025

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Shares of restaurant companies are trading higher. Investors may be reacting to the US presidential election and its impact on consumer spending.

Truist Securities analyst Jake Bartlett maintains Shake Shack (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) with a Buy and raises the price target from $127 to $144.

Truist Securities Maintains Buy on Shake Shack, Raises Price Target to $144

Barclays analyst Jeffrey Bernstein maintains Shake Shack (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) with a Equal-Weight and raises the price target from $115 to $125.

Barclays Maintains Equal-Weight on Shake Shack, Raises Price Target to $125

Shake Shack, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) shares are trading higher after the company reported better-than-expected <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/b41620840/shake-shack-announces-third-quarter-2024-financial-results" rel="noreferrer noopener">third-quarter financial results.</a>
Shake Shack reported adjusted earnings per share of 25 cents, beating the street view of 20 cents.
Quarterly revenues of $316.9 million (+14.7%) marginally outpaced the analyst consensus estimate of $316.13 million. Sales included $304.9 million from Shack sales and $12.0 million from licensing revenue.
Adjusted EBITDA was $45.8 million, representing a 28.0% increase compared to 2023. Restaurant-level profit was $64.2 million, representing 21.0% of Shack sales.
Also Read: <a target="_blank" href="https://www.benzinga.com/general/biotech/24/10/41622207/eli-lilly-q3-earnings-mounjaro-sales-more-than-double-takes-2-98-billion-hit-to-profit-cuts-annua" rel="noreferrer noopener">Eli Lilly Q3 Earnings: Mounjaro Sales More Than Double, Takes $2.98 Billion Hit To Profit, Cuts Annual Outlook, Stock Tanks</a>
&#8220;With strong sales and operational improvements, we grew Restaurant-level profit margin by 60 bps year-over-year and Adjusted EBITDA margin by 140 bps year-over-year. Third quarter also marks the highest 3Q Restaurant-level profit margin and Adjusted EBITDA margin since FY2019,&#8221; <a target="_blank" href="https://s27.q4cdn.com/357966323/files/doc_financials/2024/q3/3Q24-Shareholder-Letter.pdf" rel="noreferrer noopener">said</a> Chief Financial Officer Katie Fogertey.
System-wide sales reached $495.1 million, reflecting a 12.8% increase compared to 2023. Same-Shack sales rose by 4.4%.
The company reported an operating loss of $18.0 million, which included a $29.1 million charge for impairments, asset disposals, and Shack closures, compared to an operating income of $5.7 million in 2023.
The company exited the quarter with cash and equivalents worth $310.865 million. Inventories as of quarter-end totaled $5.146 million.
&#8220;We opened 17 new Shacks worldwide in the quarter and are on path to end FY2024 on a very strong note, setting a solid foundation for next year,&#8221; said Chief Executive Officer Rob Lynch.
Outlook: The company expects fourth-quarter total revenue of $322.6 million &#8211; $327 million versus $323.89 million estimate. The company projects FY24 revenues of ~$1.25 billion (prior view: $1.24 billion &#8211; $1.25 billion) <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">versus the $1.248 billion estimate.</a>
Price Action: SHAK shares are trading higher by 13% to $128.35 at last check Wednesday.
Photo by YAO23 via Shutterstock
Read Next:
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<li><a href="https://www.benzinga.com/news/24/10/41609022/openai-chooses-broadcom-for-ai-interface-chip-development" target="_blank" rel="noreferrer noopener">OpenAI Chooses Broadcom For AI Interface Chip Development</a></li>
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Earnings

Equities

Guidance

Shake Shack Stock Gains After Q3 Earnings Beat Amid Strong Sales Growth, Strategic Expansion

Shake Shack shares are trading higher after the company reported better-than-expected Q3 financial results.

Earnings Beats

Shake Shack Q3 2024 Adj. EPS $0.25 Beats $0.20 Estimate, Sales $316.9M Beat $316.131M Estimate

Shake Shack (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) is preparing to release its quarterly earnings on Wednesday, 2024-10-30. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Shake Shack to report an earnings per share (EPS) of $0.19.
Investors in Shake Shack are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Overview of Past Earnings</h3>
Last quarter the company missed EPS by $0.00, which was followed by a 5.84% drop in the share price the next day.
Here's a look at Shake Shack's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.27</td>
<td>0.10</td>
<td>0.01</td>
<td>0.10</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.27</td>
<td>0.13</td>
<td>0.02</td>
<td>0.17</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-6.0%</td>
<td>2.0%</td>
<td>-0.0%</td>
<td>5.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730214075_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Shake Shack were trading at $114.26 as of October 28. Over the last 52-week period, shares are up 99.42%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<h3>Analysts' Perspectives on Shake Shack</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Shake Shack.
A total of 16 analyst ratings have been received for Shake Shack, with the consensus rating being Neutral. The average one-year price target stands at $115.38, suggesting a potential 0.98% upside.
<h3>Comparing Ratings with Competitors</h3>
The following analysis focuses on the analyst ratings and average 1-year price targets of Sweetgreen, Wendy's and Dutch Bros, three prominent industry players, providing insights into their relative performance expectations and market positioning.
<ul>
<li>The consensus outlook from analysts is an Buy trajectory for Sweetgreen, with an average 1-year price target of $37.78, indicating a potential 66.94% downside.</li>
<li>The consensus among analysts is an Neutral trajectory for Wendy's, with an average 1-year price target of $19.49, indicating a potential 82.94% downside.</li>
<li>Analysts currently favor an Buy trajectory for Dutch Bros, with an average 1-year price target of $40.56, suggesting a potential 64.5% downside.</li>
</ul>
<h3>Overview of Peer Analysis</h3>
Within the peer analysis summary, vital metrics for Sweetgreen, Wendy's and Dutch Bros are presented, shedding light on their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Shake Shack</td>
<td>Neutral</td>
<td>16.44%</td>
<td>$144.83M</td>
<td>2.13%</td>
</tr>
<tr>
<td>Sweetgreen</td>
<td>Buy</td>
<td>21.06%</td>
<td>$41.52M</td>
<td>-3.08%</td>
</tr>
<tr>
<td>Wendy's</td>
<td>Neutral</td>
<td>1.63%</td>
<td>$162.41M</td>
<td>19.26%</td>
</tr>
<tr>
<td>Dutch Bros</td>
<td>Buy</td>
<td>30.03%</td>
<td>$90.28M</td>
<td>2.58%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Shake Shack ranks in the middle for revenue growth among its peers. It has the highest gross profit margin. However, its return on equity is below average compared to its peers. Overall, Shake Shack is positioned well in terms of financial performance when compared to its peers.
<h3>Delving into Shake Shack's Background</h3>
Shake Shack Inc is a roadside burger stand. It is serving a classic American menu of premium burgers, hot dogs, crispy chicken, frozen custard, crinkle-cut fries, shakes, beer, wine and more. The company's burgers are made with a whole-muscle blend of all-natural, hormone and antibiotic-free Angus beef, ground fresh daily, cooked to order and served on a non-genetically modified organism (GMO) potato bun. Its menu focuses on food and beverages, crafted from a range of classic American foods. The company serves draft Root Beer, seasonal freshly-squeezed lemonade, organic fresh brewed iced tea, cold brew coffee, organic apple juice, and Shack20 bottled water.
<h3>Key Indicators: Shake Shack's Financial Health</h3>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, Shake Shack showcased positive performance, achieving a revenue growth rate of 16.44% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.
Net Margin: Shake Shack's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 3.05%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Shake Shack's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.13%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.59%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Shake Shack's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.71.
<a href="https://www.benzinga.com/quote/SHAK/earnings">To track all earnings releases for Shake Shack visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Preview For Shake Shack

Oppenheimer analyst Brian Bittner maintains Shake Shack (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) with a Outperform and raises the price target from $122 to $135.

Oppenheimer Maintains Outperform on Shake Shack, Raises Price Target to $135

In the last three months, 15 analysts have published ratings on Shake Shack (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>), offering a diverse range of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $114.07, along with a high estimate of $127.00 and a low estimate of $90.00. This upward trend is evident, with the current average reflecting a 3.51% increase from the previous average price target of $110.20.
<img src="https://www.benzinga.com/files/images/story/2024/1729623628_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
The perception of Shake Shack by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jeffrey Bernstein</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$115.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>John Ivankoe</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$102.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Andrew Charles</td>
<td>TD Cowen</td>
<td>Maintains</td>
<td>Buy</td>
<td>$125.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Jake Bartlett</td>
<td>Truist Securities</td>
<td>Maintains</td>
<td>Buy</td>
<td>$127.00</td>
<td>$127.00</td>
</tr>
<tr>
<td>Lauren Silberman</td>
<td>Deutsche Bank</td>
<td>Maintains</td>
<td>Hold</td>
<td>$115.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>Sara Senatore</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$116.00</td>
<td>$104.00</td>
</tr>
<tr>
<td>Brian Mullan</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$114.00</td>
<td>$121.00</td>
</tr>
<tr>
<td>Lauren Silberman</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Hold</td>
<td>$115.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Christine Cho</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$125.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Jeffrey Bernstein</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$110.00</td>
<td>$108.00</td>
</tr>
<tr>
<td>David Tarantino</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$105.00</td>
<td>$93.00</td>
</tr>
<tr>
<td>Jake Bartlett</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$127.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Nick Setyan</td>
<td>Wedbush</td>
<td>Raises</td>
<td>Neutral</td>
<td>$100.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Andrew Charles</td>
<td>TD Cowen</td>
<td>Maintains</td>
<td>Buy</td>
<td>$125.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Nick Setyan</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$90.00</td>
<td>$90.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Shake Shack. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Shake Shack compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Shake Shack's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Shake Shack's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/SHAK/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Shake Shack analyst ratings.</a>
<h2>Discovering Shake Shack: A Closer Look</h2>
Shake Shack Inc is a roadside burger stand. It is serving a classic American menu of premium burgers, hot dogs, crispy chicken, frozen custard, crinkle-cut fries, shakes, beer, wine and more. The company's burgers are made with a whole-muscle blend of all-natural, hormone and antibiotic-free Angus beef, ground fresh daily, cooked to order and served on a non-genetically modified organism (GMO) potato bun. Its menu focuses on food and beverages, crafted from a range of classic American foods. The company serves draft Root Beer, seasonal freshly-squeezed lemonade, organic fresh brewed iced tea, cold brew coffee, organic apple juice, and Shack20 bottled water.
<h3>Key Indicators: Shake Shack's Financial Health</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, Shake Shack showcased positive performance, achieving a revenue growth rate of 16.44% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 3.05%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 2.13%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Shake Shack's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.59%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Shake Shack's debt-to-equity ratio is below the industry average. With a ratio of 1.71, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>The Basics of Analyst Ratings</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Expert Outlook: Shake Shack Through The Eyes Of 15 Analysts

15 analysts have shared their evaluations of Shake Shack (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">5</td>
<td align="right">0</td>
<td align="right">9</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">7</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $114.07, a high estimate of $127.00, and a low estimate of $90.00. This upward trend is apparent, with the current average reflecting a 3.51% increase from the previous average price target of $110.20.
<img src="https://www.benzinga.com/files/images/story/2024/1729620311_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
The standing of Shake Shack among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jeffrey Bernstein</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$115.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>John Ivankoe</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$102.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Andrew Charles</td>
<td>TD Cowen</td>
<td>Maintains</td>
<td>Buy</td>
<td>$125.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Jake Bartlett</td>
<td>Truist Securities</td>
<td>Maintains</td>
<td>Buy</td>
<td>$127.00</td>
<td>$127.00</td>
</tr>
<tr>
<td>Lauren Silberman</td>
<td>Deutsche Bank</td>
<td>Maintains</td>
<td>Hold</td>
<td>$115.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>Sara Senatore</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$116.00</td>
<td>$104.00</td>
</tr>
<tr>
<td>Brian Mullan</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$114.00</td>
<td>$121.00</td>
</tr>
<tr>
<td>Lauren Silberman</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Hold</td>
<td>$115.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Christine Cho</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$125.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Jeffrey Bernstein</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$110.00</td>
<td>$108.00</td>
</tr>
<tr>
<td>David Tarantino</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$105.00</td>
<td>$93.00</td>
</tr>
<tr>
<td>Jake Bartlett</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$127.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Nick Setyan</td>
<td>Wedbush</td>
<td>Raises</td>
<td>Neutral</td>
<td>$100.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Andrew Charles</td>
<td>TD Cowen</td>
<td>Maintains</td>
<td>Buy</td>
<td>$125.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Nick Setyan</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$90.00</td>
<td>$90.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Shake Shack. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Shake Shack compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Shake Shack's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Shake Shack's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/SHAK/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Shake Shack analyst ratings.</a>
<h2>Unveiling the Story Behind Shake Shack</h2>
Shake Shack Inc is a roadside burger stand. It is serving a classic American menu of premium burgers, hot dogs, crispy chicken, frozen custard, crinkle-cut fries, shakes, beer, wine and more. The company's burgers are made with a whole-muscle blend of all-natural, hormone and antibiotic-free Angus beef, ground fresh daily, cooked to order and served on a non-genetically modified organism (GMO) potato bun. Its menu focuses on food and beverages, crafted from a range of classic American foods. The company serves draft Root Beer, seasonal freshly-squeezed lemonade, organic fresh brewed iced tea, cold brew coffee, organic apple juice, and Shack20 bottled water.
<h3>Financial Insights: Shake Shack</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Shake Shack's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 16.44%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Shake Shack's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 3.05%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Shake Shack's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 2.13%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Shake Shack's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.59%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 1.71, Shake Shack adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>What Are Analyst Ratings?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Navigating 15 Analyst Ratings For Shake Shack

Barclays analyst Jeffrey Bernstein maintains Shake Shack (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) with a Equal-Weight and raises the price target from $110 to $115.

Barclays Maintains Equal-Weight on Shake Shack, Raises Price Target to $115

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<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
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<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
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<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$100.00</td>
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<td>22.9K</td>
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<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$10.00</td>
<td>$86.5K</td>
<td>919</td>
<td>2.8K</td>
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<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/29/24</td>
<td>$11.50</td>
<td>$38.5K</td>
<td>1</td>
<td>900</td>
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<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/08/24</td>
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<td>$28.8K</td>
<td>3.1K</td>
<td>518</td>
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<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$10.00</td>
<td>$26.0K</td>
<td>16.5K</td>
<td>425</td>
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<tr>
<td>HD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$380.00</td>
<td>$134.9K</td>
<td>727</td>
<td>157</td>
</tr>
<tr>
<td>CMG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$54.00</td>
<td>$45.5K</td>
<td>802</td>
<td>94</td>
</tr>
<tr>
<td>SHAK</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$110.00</td>
<td>$51.0K</td>
<td>42</td>
<td>60</td>
</tr>
<tr>
<td>MAR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$280.00</td>
<td>$201.0K</td>
<td>13</td>
<td>60</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on October 18, 2024. This event was a transfer of 128 contract(s) at a $220.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $39.6K, with a price of $310.0 per contract. There were 23384 open contracts at this strike prior to today, and today 89942 contract(s) were bought and sold. 
• For BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we notice a put option trade that happens to be bullish, expiring in 1 day(s) on October 18, 2024. This event was a transfer of 300 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $30.3K, with a price of $101.0 per contract. There were 22961 open contracts at this strike prior to today, and today 14457 contract(s) were bought and sold. 
• Regarding SERV (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SERV#NASDAQ">SERV</a>), we observe a put option sweep with bearish sentiment. It expires in 155 day(s) on March 21, 2025. Parties traded 206 contract(s) at a $10.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $86.5K, with a price of $420.0 per contract. There were 919 open contracts at this strike prior to today, and today 2896 contract(s) were bought and sold. 
• For XPEV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>), we notice a call option trade that happens to be bearish, expiring in 43 day(s) on November 29, 2024. This event was a transfer of 500 contract(s) at a $11.50 strike. The total cost received by the writing party (or parties) was $38.5K, with a price of $77.0 per contract. There were 1 open contracts at this strike prior to today, and today 900 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a put option trade that happens to be bullish, expiring in 22 day(s) on November 8, 2024. This event was a transfer of 75 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $28.8K, with a price of $385.0 per contract. There were 3159 open contracts at this strike prior to today, and today 518 contract(s) were bought and sold. 
• Regarding UAA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAA#NYSE">UAA</a>), we observe a call option trade with bullish sentiment. It expires in 92 day(s) on January 17, 2025. Parties traded 383 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $68.0 per contract. There were 16552 open contracts at this strike prior to today, and today 425 contract(s) were bought and sold. 
• For HD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on October 18, 2024. This event was a transfer of 37 contract(s) at a $380.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $134.9K, with a price of $3645.0 per contract. There were 727 open contracts at this strike prior to today, and today 157 contract(s) were bought and sold. 
• Regarding CMG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>), we observe a call option trade with bullish sentiment. It expires in 456 day(s) on January 16, 2026. Parties traded 35 contract(s) at a $54.00 strike. The total cost received by the writing party (or parties) was $45.5K, with a price of $1300.0 per contract. There were 802 open contracts at this strike prior to today, and today 94 contract(s) were bought and sold. 
• Regarding SHAK (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>), we observe a put option trade with neutral sentiment. It expires in 64 day(s) on December 20, 2024. Parties traded 60 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $51.0K, with a price of $850.0 per contract. There were 42 open contracts at this strike prior to today, and today 60 contract(s) were bought and sold. 
• For MAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>), we notice a call option trade that happens to be neutral, expiring in 820 day(s) on January 15, 2027. This event was a transfer of 50 contract(s) at a $280.00 strike. The total cost received by the writing party (or parties) was $201.0K, with a price of $4020.0 per contract. There were 13 open contracts at this strike prior to today, and today 60 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AMZN

BABA

SERV

TSLA

XPEV

10 Consumer Discretionary Stocks Whale Activity In Today's Session

Shake Shack's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) short percent of float has fallen 5.47% since its last report. The company recently reported that it has 3.79 million shares sold short, which is 13.83% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.26 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Shake Shack Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729103418_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Shake Shack has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Shake Shack's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Shake Shack's peer group average for short interest as a percentage of float is 10.63%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Looking Into Shake Shack's Recent Short Interest

&nbsp;Torontonians, here's the news you've been waiting for - Shake Shack is now available for delivery and pickup, exclusively on Skip! That's right! Skip, Canada's homegrown delivery network, is delighted to announce the addition of Shake Shack to its growing roster of iconic brands and restaurants.
As Shake Shack's exclusive delivery partner, Skip is bringing the ultimate convenience to Torontonians, making it easier than ever to enjoy Shake Shack, delivered right to doorsteps, couches and dining tables across the city.
&nbsp;
"We're thrilled to officially welcome Shake Shack to the Skip network as their exclusive delivery partner," said Rob Payne, Senior Vice President of Partnerships at Skip. "As part of our ambition to provide Canadians with unparalleled convenience, Shake Shack is a fantastic addition to our expanding lineup of renowned restaurant brands in Toronto, giving our customers exclusive access to its iconic menu, with ShackBurgers, crinkle-cut fries and more now delivering to neighbourhoods across the city!"
The global burger chain launched in Canada earlier this year, with its first location in Toronto at the corner of Yonge and Dundas. Since opening, it has drawn massive lines, but now, thanks to Skip, you can enjoy Shack classics like, 100% Canadian Angus beef burgers and crispy chicken—both fresh, never frozen, and raised without antibiotics or added hormones—alongside crispy crinkle-cut fries and hand-spun frozen custard, all from the comfort of your own home. Whether you're in The Annex, King West, Yorkville, Queen West, or Cabbagetown, Shake Shack is just a tap away - only on Skip!
"We're thrilled to partner with Skip to bring Shake Shack to even more Torontonians. As Canada's homegrown delivery network, Skip truly understands Canadian cities and their communities, making them best equipped to serve up the Shack experience to customers across the city," said Billy Richmond, Business Director at Shake Shack Canada. "Since our Toronto opening, we've been delighted with the reception from our guests, and with Skip's help, we're so excited to offer our customers the convenience of their Shack favourites, delivered right to their homes."
Now exclusively available through Skip, satisfying your lunch, dinner, or late-night cravings has never been easier—bringing the Shake Shack experience right to your home!

Skip Partners with Shake Shack for Exclusive Toronto Delivery

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/11/24</td>
<td>$220.00</td>
<td>$36.5K</td>
<td>2.7K</td>
<td>196.0K</td>
</tr>
<tr>
<td>PDD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$150.00</td>
<td>$53.8K</td>
<td>34.3K</td>
<td>6.4K</td>
</tr>
<tr>
<td>M</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$17.00</td>
<td>$37.7K</td>
<td>3.6K</td>
<td>3.8K</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$130.00</td>
<td>$48.6K</td>
<td>9.8K</td>
<td>3.1K</td>
</tr>
<tr>
<td>JD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$42.00</td>
<td>$47.2K</td>
<td>1.5K</td>
<td>2.2K</td>
</tr>
<tr>
<td>TCOM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$65.00</td>
<td>$36.1K</td>
<td>1.8K</td>
<td>630</td>
</tr>
<tr>
<td>LVS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$47.50</td>
<td>$32.7K</td>
<td>1.5K</td>
<td>560</td>
</tr>
<tr>
<td>CMG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$60.00</td>
<td>$38.0K</td>
<td>20.8K</td>
<td>542</td>
</tr>
<tr>
<td>SHAK</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$105.00</td>
<td>$76.4K</td>
<td>106</td>
<td>415</td>
</tr>
<tr>
<td>GM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$50.00</td>
<td>$28.8K</td>
<td>802</td>
<td>251</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 315 contract(s) at a $220.00 strike. This particular call needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $36.5K, with a price of $116.0 per contract. There were 2743 open contracts at this strike prior to today, and today 196033 contract(s) were bought and sold. 
• For PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we notice a call option trade that happens to be bearish, expiring in 7 day(s) on October 18, 2024. This event was a transfer of 200 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $53.8K, with a price of $269.0 per contract. There were 34397 open contracts at this strike prior to today, and today 6416 contract(s) were bought and sold. 
• For M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>), we notice a call option sweep that happens to be bullish, expiring in 133 day(s) on February 21, 2025. This event was a transfer of 319 contract(s) at a $17.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $37.7K, with a price of $118.0 per contract. There were 3687 open contracts at this strike prior to today, and today 3801 contract(s) were bought and sold. 
• For BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we notice a call option sweep that happens to be bearish, expiring in 35 day(s) on November 15, 2024. This event was a transfer of 202 contract(s) at a $130.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $48.6K, with a price of $241.0 per contract. There were 9827 open contracts at this strike prior to today, and today 3197 contract(s) were bought and sold. 
• Regarding JD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), we observe a put option sweep with bullish sentiment. It expires in 35 day(s) on November 15, 2024. Parties traded 200 contract(s) at a $42.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $47.2K, with a price of $236.0 per contract. There were 1535 open contracts at this strike prior to today, and today 2243 contract(s) were bought and sold. 
• Regarding TCOM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCOM#NASDAQ">TCOM</a>), we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on October 18, 2024. Parties traded 154 contract(s) at a $65.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $36.1K, with a price of $235.0 per contract. There were 1880 open contracts at this strike prior to today, and today 630 contract(s) were bought and sold. 
• Regarding LVS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>), we observe a put option sweep with bullish sentiment. It expires in 70 day(s) on December 20, 2024. Parties traded 315 contract(s) at a $47.50 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $32.7K, with a price of $104.0 per contract. There were 1519 open contracts at this strike prior to today, and today 560 contract(s) were bought and sold. 
• For CMG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>), we notice a call option trade that happens to be bearish, expiring in 98 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $38.0K, with a price of $380.0 per contract. There were 20826 open contracts at this strike prior to today, and today 542 contract(s) were bought and sold. 
• For SHAK (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>), we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on October 18, 2024. This event was a transfer of 325 contract(s) at a $105.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $76.4K, with a price of $235.0 per contract. There were 106 open contracts at this strike prior to today, and today 415 contract(s) were bought and sold. 
• For GM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), we notice a put option trade that happens to be bearish, expiring in 252 day(s) on June 20, 2025. This event was a transfer of 50 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $28.8K, with a price of $576.0 per contract. There were 802 open contracts at this strike prior to today, and today 251 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Citigourp Global Markets 2% Protected Notes Linked To The Djia

TCOM

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BofA raised the firm's price target on Shake Shack (SHAK) to $139 from $134 and keeps a Neutral rating on the shares. The firm raised its price tar...

Shake Shack price target raised to $139 from $134 at BofA

Small cap momentum stocks as its three-year rate of change is turning into positive around

Catalyst Watch:  Goldman Sachs finance conference; Adobe, CostCo earnings

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Jefferies raised the firm's price target on Shake Shack (SHAK) to $123 from $115 and keeps a Hold rating on the shares. The firm views 2025 as "poi...

Shake Shack price target raised to $123 from $115 at Jefferies

Truist raised the firm's price target on Shake Shack (SHAK) to $147 from $144 and keeps a Buy rating on the shares. The firm's analysis of the comp...

Shake Shack price target raised to $147 from $144 at Truist

Truist Financial analyst Jake Bartlett maintained a Buy rating on Shake Shack (SHAK – Research Report) yesterday and set a price target of $147.00....

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사람들이 또한 지켜본다

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