Morgan Stanley Upgrades Shake Shack (SHAK) To “Hold”; Zebra Technologies (ZBRA) Has 1.12 Sentiment

December 7, 2017 - By Adrian Mccoy

Among 13 analysts covering Shake Shack (NYSE:SHAK), 6 have Buy rating, 1 Sell and 6 Hold. Therefore 46% are positive. Shake Shack has $56.34 highest and $30 lowest target. $40.34’s average target is -3.45%

below currents $41.78 stock price. Shake Shack had 37 analyst reports since August 11, 2015 according to SRatingsIntel. Buckingham Research downgraded Shake Shack Inc. (NYSE:SHAK) on Friday, January 6 to “Neutral” rating. Suntrust Robinson upgraded the shares of SHAK in report on Thursday, August 11 to “Buy” rating. The firm has “Neutral” rating by Wedbush given on Monday, March 20. Morgan Stanley maintained Shake Shack Inc. (NYSE:SHAK) on Thursday, November 2 with “Underweight” rating. Wedbush downgraded the shares of SHAK in report on Tuesday, September 26 to “Neutral” rating. The stock has “Buy” rating by Wedbush on Friday, August 4. As per Thursday, August 11, the company rating was upgraded by SunTrust. The firm has “Equal-Weight” rating by Barclays Capital given on Thursday, November 2. The firm has “Neutral” rating given on Wednesday, January 6 by SunTrust. The firm has “Hold” rating given on Friday, August 4 by Cowen & Co.

Zebra Technologies Corporation, together with its subsidiaries, designs, makes, sells, and supports direct thermal and thermal transfer label printers, radio frequency identification printer/encoders, dye sublimation card printers, real-time locating solutions, related accessories, and support software worldwide. The company has market cap of $5.60 billion. The Company’s products are primarily used in automatic identification, data collection, and personal identification applications. It currently has negative earnings. The firm also provides mobile computing and advanced data capture technologies and services, which include rugged and enterprise-grade mobile computers; laser, imaging, and radio frequency identification based data capture products; wireless LAN solutions and software; and applications that are associated with these services and products.

Makaira Partners Llc holds 15.9% of its portfolio in Zebra Technologies Corporation for 1.21 million shares. Goodnow Investment Group Llc owns 465,659 shares or 9.8% of their US portfolio. Moreover, New South Capital Management Inc has 5.73% invested in the company for 2.41 million shares. The Connecticut-based Westport Asset Management Inc has invested 3.46% in the stock. Hwg Holdings Lp, a Texas-based fund reported 36,684 shares.

The stock decreased 1.91% or $2.05 during the last trading session, reaching $105.31. About 314,553 shares traded or 3.13% up from the average. Zebra Technologies Corporation (ZBRA) has risen 101.68% since December 7, 2016 and is uptrending. It has outperformed by 84.98% the S&P500.

Analysts await Zebra Technologies Corporation (NASDAQ:ZBRA) to report earnings on February, 22. They expect $1.97 earnings per share, up 8.24% or $0.15 from last year’s $1.82 per share. ZBRA’s profit will be $104.78M for 13.36 P/E if the $1.97 EPS becomes a reality. After $1.74 actual earnings per share reported by Zebra Technologies Corporation for the previous quarter, Wall Street now forecasts 13.22% EPS growth.

Analysts await Shake Shack Inc. (NYSE:SHAK) to report earnings on March, 7. They expect $0.05 earnings per share, down 44.44% or $0.04 from last year’s $0.09 per share. SHAK’s profit will be $1.84M for 208.90 P/E if the $0.05 EPS becomes a reality. After $0.17 actual earnings per share reported by Shake Shack Inc. for the previous quarter, Wall Street now forecasts -70.59% negative EPS growth.

Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants in the United States and internationally. The company has market cap of $1.54 billion. Shacks offers hamburgers, hot dogs, crispy chicken, crinkle-cut fries, shakes, frozen custard, beer, shakes, wine, and other products. It has a 67.71 P/E ratio. As of December 28, 2016, it had 114 Shacks, including 64 domestic company-operated Shacks, 7 domestic licensed Shacks, and 43 international licensed Shacks.

By

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

>