Shake Shack Inc. (NYSE:SHAK)

04 Août, 2017, 20:54 | Author: Marc Bacque
  • Shake Shack bacon burgers and bacon cheese fries

During the quarter, the company opened four domestic company-operated restaurants, including the its first location in Lexington, Kentucky, as well as in Melville, New York, Chicago and Orlando at the Florida Mall.

Shares of Shake Shack (NYSE SHAK) traded down 4.0844% during mid-day trading on Friday, reaching $31.8056. Three research analysts have rated the stock with a sell rating, seven have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The stock's market capitalization is 861.83M, it has a 52-week low of 30.36 and a 52-week high of 42.94.

TRADEMARK VIOLATION WARNING: "Shake Shack, Inc". The stock was sold at an average price of $38.00, for a total value of $190,000.00.

'Game of Thrones' Season 7: Gilly's White Walker connection could be important
He presents his prisoners to Cersei , telling her he's brought her what "no other man can", complete with a pointed look at Jaime. In Episode 3, the Lannisters cleverly gave up their home, Casterly Rock , so they could surprise Daenerys and her allies.


Huge Australia-bound cocaine haul seized by French navy
Four men, believed to be Latvian and Lithuanian nationals, were detained during the operation. All told, it's estimated the cocaine would have had a street value of around $322 million.


WhatsApp on JioPhone could be a reality, talks on
The phone was not expected to have Whatsapp as the company had not announced the operating system to be used in the new phone. The JioPhone will serve as a sensible and affordable upgrade to feature phone users, which is still a majority in India.


Shake Shack Inc. press release dated August 3, 2017 announcing its financial results for the fiscal second quarter ended June 28, 2017. The business's revenue was up 41.5% compared to the same quarter a year ago. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Following the sale, the chief operating officer now directly owns 8,978 shares of the company's stock, valued at $341,164. Shake Shack had a return on equity of 7.15% and a net margin of 4.55%.

On a GAAP basis, Shake Shack Q2 2017 earnings rose to 19 cents per share from 14 cents per share in the year-ago quarter. During the same period past year, the company posted $0.08 EPS. The correct version of this news story can be viewed at https://www.chaffeybreeze.com/2017/08/04/shake-shack-inc-nyseshak-pt-lowered-to-40-00-at-wedbush.html. Analysts are expecting EPS growth rates to be at 182.20% this quarter and EPS estimate for next year reflect 21.84% growth rate. The disclosure for this sale can be found here. These holdings make up 79.51% of the company's outstanding shares. Dimensional Fund Advisors LP now owns 97,555 shares of the company's stock worth $3,491,000 after buying an additional 4,092 shares during the last quarter. Municipal Employees Retirement System of MI now owns 4,380 shares of the company's stock worth $153,000 after buying an additional 280 shares in the last quarter. Finally, Texas Permanent School Fund raised its stake in shares of Shake Shack by 4.2% in the second quarter. Finally, Point72 Asset Management L.P. raised its stake in Shake Shack by 520.9% in the first quarter. BNP Paribas Arbitrage SA boosted its stake in shares of Shake Shack by 206.3% in the first quarter. Teachers Advisors LLC now owns 25,983 shares of the company's stock worth $930,000 after buying an additional 1,504 shares during the last quarter. Corporate insiders own 34.91% of the company's stock. Arizona State Retirement System bought a new stake in Shake Shack during the first quarter worth about $311,000. Viacom Outlook Spooks Investors Viacom last night delivered a bleak outlook for its fiscal fourth-quarter, and the stock is now set to open nearly 9% lower.

"While never welcome, we do not view same-store sales as a good measure of Shake Shack's brand strength... and focus instead on average weekly sales, which were in line with our expectations", analysts led by Jake Bartlett wrote. The Company's signature items are its all-natural, hormone and antibiotic-free burgers, hot dogs, crispy chicken, crinkle cut fries, shakes and frozen custard.

Conseillé:



Populaire

Maine Smoking Age Jumps to 21
The Portland Press Herald reports that the ME senate voted 29-5, while the House voted 90-44 to override Gov. He also said it wasn't fair to ask 18-year-olds to join the military and not have a choice on tobacco usage.

Euro Mixed Ahead Of Eurozone GDP Data
GBP EUR began the week trading at around 1.1174 and has trended in a narrow range between 1.1145 and 1.1206 since then. If there are more hawks than expected though, Sterling will surge and should easily recover against the Euro.

Analysts' Views: Gopro Inc Cl A Cmn (GPRO)
Gopro Inc Cl A Cmn (NASDAQ:GPRO) shares traded 2.86% up during most recent session to reach at the closing price of $8.26. Zacks Investment Research lowered GoPro from a "buy" rating to a "hold" rating in a research note on Tuesday, May 16th.

Surveillance accrue de la consommation d'alcool sur les plans d'eau du Québec
Au Québec, il n'est pas interdit de consommer de l'alcool à bord d'une embarcation, même s'il s'agit d'un bateau à moteur. Toutefois, les conducteurs qui boivent de l'alcool augmentent considérablement les risques de collisions.

TreeHouse Foods to close Brooklyn Park plant, idle 90
Finally, BidaskClub lowered Treehouse Foods from a "buy" rating to a "hold" rating in a report on Wednesday, June 28th. FineMark National Bank & Trust's holdings in Treehouse Foods were worth $216,000 as of its most recent SEC filing.

Raises Stake in Dunkin' Brands Group, Inc. (NASDAQ:DNKN)
Finally, State of Alaska Department of Revenue increased its stake in shares of Dunkin' Brands Group by 5.2% in the first quarter. OppenheimerFunds Inc. purchased a new stake in shares of Dunkin' Brands Group during the first quarter valued at about $204,000.

La théorie de l'iPhone 8 XXL se confirme
Mais un taux de rendement de 100% est impossible, il y a toujours des déchets - notamment sur des technologies récentes. Le fabricant a toujours utilisé des écrans LCD, et ce depuis le premier modèle sorti en 2007.

Aegis Reiterates Buy Rating for IAC/InterActiveCorp (IAC)
Finally, Schwab Charles Investment Management Inc. boosted its position in IAC/InterActiveCorp by 0.4% in the second quarter. Two research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company's stock.

President Trump's Latest Approval Rating Is Worse Than Obama's Ever Was
White House Press Secretary Sean Spicer resigned in protest of then-Communications Director Anthony Scaramucci being hired. The nationwide poll of 1,125 voters was taken from July 27 to August 1; it has a margin of error of 3.4 percentage points.

Neuchâtel a son salaire minimum — Première suisse
Le canton de Neuchâtel est le premier des 26 cantons formant la Suisse à introduire un salaire minimum dans le pays. Le TF a estimé vendredi que le salaire minimum était conforme au principe constitutionnel de liberté économique.