Making the most of one's investment time in the stock market and doing it with self-assurance are common objectives for both novice and seasoned investors.
Even if you already have a preferred investment strategy, the Zacks Style Scores can help you identify promising companies. These two metrics work hand in hand to rank companies according to their growth, momentum, and value.
Just One Reason Why You Should Keep an Eye On This Growth Stock
Companies with solid financial footing and promising futures are the building blocks of growth investors' portfolios. The Growth Style Score is a tool for sifting through past and forecast sales, profits, and cash flow to find businesses with sustainable growth potential.
Welcome to Shake Shack! Fast food hamburger franchise Shake Shack, Inc. was established in 2001 in New York. You can find Shake Shack locations all throughout the world, not only in America. The business runs and licenses Shake Shack restaurants, or "Shacks" for short. Burgers, chicken, hot dogs, crinkle-cut fries, freeze-dried custard, shakes, beer, wine, and more are all available on this menu.
Zacks ranks SHAK as a Buy, and the company has a Growth Style Score of A and a VGM Score of B. The prediction for earnings is an 86.5% increase over last year, while the prediction for sales is a 14.4% increase.
Thirteen analysts have raised their profit prediction for fiscal 2024 in the past sixty days. An increase of $0.22 brings the Zacks Consensus Estimate for the stock price to $0.69. On average, SHAK's earnings have surprised investors by 92.6%.
In terms of cash flow, Shake Shack is predicted to post a 76.6% growth this year, with a total of 14.5% growth over the previous three to five years.
STAY TURNED FOR DEVELOPMENT