Shake Shack (SHAK) Tops Q4 EPS by 6c, Revenues Miss; Offers FY20 Revenue Guidance Below Consensus

Go back to Shake Shack (SHAK) Tops Q4 EPS by 6c, Revenues Miss; Offers FY20 Revenue Guidance Below Consensus

Shake Shack (SHAK) IV and volume up into EPS and outlook

February 24, 2020 11:14 AM EST

Shake Shack (NYSE: SHAK) February weekly call option implied volatility is at 164, March is at 69; compared to its 52-week range of 31 to 65 into the expected release of quarter results today after the bell. Call put ratio 1.5 calls to 1 put.

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UPDATE: SunTrust Downgrades Shake Shack (SHAK) to Hold on Near-Term Concerns

February 21, 2020 6:08 AM EST

(Updated - February 21, 2020 6:27 AM EST)

(updated to add analyst comments)

SunTrust analyst Jake Bartlett downgraded Shake Shack (NYSE: SHAK) from Buy to Hold with a price target of $79.00 (from $82.00), citing near/medium term concerns, including potentially disappointing '20... More