With 1.74 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.21 million shares. The 52-week range on SHAK shows that it touched its highest point at $139.89 and its lowest point at $77.50 during that stretch. It currently has a 1-year price target of $136.50. Beta for the stock currently stands at 1.77.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SHAK was down-trending over the past week, with a drop of -9.39%, but this was down by -15.09% over a month. Three-month performance dropped to -24.21% while six-month performance fell -1.09%. The stock lost -5.65% in the past year, while it has lost -22.72% so far this year. A look at the trailing 12-month EPS for SHAK yields 0.24 with Next year EPS estimates of 1.58. For the next quarter, that number is 0.17. This implies an EPS growth rate of 39.66% for this year and 22.96% for next year. EPS is expected to grow by 29.03% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -17.79%.
Float and Shares Shorts:
At present, 40.07 million SHAK shares are outstanding with a float of 38.10 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SHAK since 19 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 9 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.94339 being high and $0.8143 being low. For SHAK, this leads to a yearly average estimate of $0.89374. Based on analyst estimates, the high estimate for the next quarter is $0.43 and the low estimate is $0.28. The average estimate for the next quarter is thus $0.34.
Summary of Insider Activity:
Insiders traded SHAK stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
