Shake Shack Inc. (SHAK) Reaches $37.90 After 9.00% Down Move; Frequency Electronics Has 1.44 Sentiment

February 22, 2018 - By David Stenberg

Frequency Electronics, Inc. designs, develops, makes, and sells precision time and frequency control products and components for microwave integrated circuit applications. The company has market cap of $88.18 million. It operates through two divisions, FEI-NY and FEI-Zyfer. It currently has negative earnings. The FEI-NY segment offers precision time, frequency generation, and synchronization products and subsystems used in communication satellites, terrestrial cellular telephone, or other ground telecommunication stations; and other components and systems for the United States military.

The stock of Shake Shack Inc. (NYSE:SHAK) is a huge mover today! The stock decreased 1.51% or $0.58 during the last trading session, reaching $37.9. About 338,976 shares traded. Shake Shack Inc. (NYSE:SHAK) has risen 9.19% since February 22, 2017 and is uptrending. It has underperformed by 7.51% the S&P500.The move comes after 8 months negative chart setup for the $1.39 billion company. It was reported on Feb, 22 by We have $34.49 PT which if reached, will make NYSE:SHAK worth $125.28 million less.

Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants in the United States and internationally. The company has market cap of $1.39 billion. Shacks offers hamburgers, hot dogs, crispy chicken, crinkle-cut fries, shakes, frozen custard, beer, shakes, wine, and other products. It currently has negative earnings. As of December 28, 2016, it had 114 Shacks, including 64 domestic company-operated Shacks, 7 domestic licensed Shacks, and 43 international licensed Shacks.

Among 13 analysts covering Shake Shack (NYSE:SHAK), 6 have Buy rating, 1 Sell and 6 Hold. Therefore 46% are positive. Shake Shack had 44 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was upgraded by Morgan Stanley on Thursday, December 7 to “Equal-Weight”. The stock of Shake Shack Inc. (NYSE:SHAK) earned “Strong Sell” rating by Vetr on Friday, August 14. The rating was maintained by Cowen & Co on Friday, August 4 with “Hold”. The firm has “Hold” rating by Barclays Capital given on Friday, February 16. The firm has “Buy” rating given on Friday, May 5 by Buckingham Research. Suntrust Robinson upgraded the stock to “Buy” rating in Thursday, August 11 report. The firm earned “Buy” rating on Friday, February 16 by SunTrust. The rating was initiated by Buckingham Research with “Buy” on Thursday, June 16. The rating was upgraded by SunTrust to “Buy” on Thursday, August 11. As per Wednesday, March 30, the company rating was upgraded by Longbow.

Analysts await Shake Shack Inc. (NYSE:SHAK) to report earnings on May, 3. They expect $0.08 EPS, down 20.00% or $0.02 from last year’s $0.1 per share. SHAK’s profit will be $2.94 million for 118.44 P/E if the $0.08 EPS becomes a reality. After $0.10 actual EPS reported by Shake Shack Inc. for the previous quarter, Wall Street now forecasts -20.00% negative EPS growth.

Needham Investment Management Llc holds 0.76% of its portfolio in Frequency Electronics, Inc. for 313,950 shares. Grace & White Inc Ny owns 312,793 shares or 0.62% of their US portfolio. Moreover, Kennedy Capital Management Inc. has 0.09% invested in the company for 549,204 shares. The New York-based Deltec Asset Management Llc has invested 0.05% in the stock. Moors & Cabot Inc., a Massachusetts-based fund reported 38,840 shares.

Since January 1, 0001, it had 1 buy, and 0 sales for $68,841 activity.

The stock decreased 3.43% or $0.359 during the last trading session, reaching $10.101. About 1,105 shares traded. Frequency Electronics, Inc. (FEIM) has declined 3.88% since February 22, 2017 and is downtrending. It has underperformed by 20.58% the S&P500.

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.

By1 David Stenberg

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: