Chipotle Mexican Grill (CMG) Expected to Announce Quarterly Earnings on Wednesday

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.28 per share and revenue of $2.98 billion for the quarter.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The restaurant operator reported $0.29 EPS for the quarter, topping the consensus estimate of $0.28 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. On average, analysts expect Chipotle Mexican Grill to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Chipotle Mexican Grill Trading Up 3.6 %

NYSE CMG traded up $1.68 on Wednesday, hitting $48.78. 22,040,861 shares of the company traded hands, compared to its average volume of 13,456,019. The business's 50 day moving average price is $50.48 and its 200-day moving average price is $56.43. Chipotle Mexican Grill has a 52-week low of $44.46 and a 52-week high of $69.26. The company has a market capitalization of $66.11 billion, a price-to-earnings ratio of 43.93, a P/E/G ratio of 2.04 and a beta of 1.27.

Hedge Funds Weigh In On Chipotle Mexican Grill

An institutional investor recently raised its position in Chipotle Mexican Grill stock. Revolve Wealth Partners LLC boosted its position in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 4.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,804 shares of the restaurant operator's stock after purchasing an additional 214 shares during the period. Revolve Wealth Partners LLC's holdings in Chipotle Mexican Grill were worth $290,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 91.31% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on CMG shares. Morgan Stanley raised Chipotle Mexican Grill from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $65.00 to $70.00 in a research report on Monday, March 3rd. Piper Sandler dropped their price target on shares of Chipotle Mexican Grill from $60.00 to $59.00 and set a "neutral" rating for the company in a research report on Wednesday, February 5th. Wells Fargo & Company reduced their price objective on shares of Chipotle Mexican Grill from $70.00 to $60.00 and set an "overweight" rating for the company in a research note on Tuesday. Wedbush lowered their target price on shares of Chipotle Mexican Grill from $69.00 to $64.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 5th. Finally, Stephens reiterated an "equal weight" rating and issued a $54.00 price target on shares of Chipotle Mexican Grill in a research note on Monday. Eight investment analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $63.99.

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages through offering burritos, burrito bowls, quesadillas, tacos, and salads. The company also provides delivery and related services its app and website. It has operations in the United States, Canada, France, Germany, and the United Kingdom.