Shake Shack is a holding company. Through its subsidiary, Co. is a roadside burger stand serving an American menu of burgers, chicken sandwiches, hot dogs, crinkle cut fries, shakes, frozen custard, beer and wine. Co.'s menu include: Burgers, which include the SmokeShack®, 'Shroom Burger™ (a vegetarian burger), Shack Stack®, Avocado Bacon Burger and Hamburger; Chicken, which includes Co.'s Chicken Shack; Crinkle Cut Fries, which are made from Yukon potatoes; Hot Dogs; Shakes and Frozen Custard, which is crafted from its proprietary vanilla and chocolate recipes; and Beer, Wine and Beverages, which include its Shack Red® ,Shack White® and Shack Rose wines. We show 39 historical shares outstanding datapoints in our SHAK shares outstanding history coverage, used to compute SHAK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SHAK market cap history over the course of time is important for investors
interested in comparing SHAK's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of SHAK versus a peer is one thing; comparing
SHAK market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like SHAK can fluctuate over the course of history.
With this page we aim to empower investors researching SHAK by allowing them to research the SHAK market cap history. |
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Video: The Importance of Market Cap
