NYSE:SHAKHospitality
Is Shake Shack (SHAK) Pricing In Too Much Growth After Recent Share Price Surge
If you are wondering whether Shake Shack at around US$99.93 is offering fair value or stretching expectations, you are not alone.
The stock has returned 10.4% over the last 7 days and 19.5% over the last 30 days, with a 19.7% return year to date but a 14.5% decline over the last year and a 7.4% decline over 5 years, alongside an 83.7% return over 3 years.
Recent coverage has focused on how these mixed time frames have left some investors reassessing what they are willing to pay for a premium...