What is William Blair's Estimate for CMG FY2025 Earnings?

Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) - Equities research analysts at William Blair reduced their FY2025 earnings per share estimates for shares of Chipotle Mexican Grill in a research report issued on Wednesday, October 23rd. William Blair analyst S. Zackfia now anticipates that the restaurant operator will post earnings per share of $1.30 for the year, down from their prior estimate of $1.32. The consensus estimate for Chipotle Mexican Grill's current full-year earnings is $1.08 per share.

Other research analysts have also recently issued reports about the stock. Evercore ISI raised their target price on shares of Chipotle Mexican Grill from $59.00 to $70.00 and gave the stock an "outperform" rating in a report on Tuesday, October 15th. TD Cowen reiterated a "buy" rating and set a $65.00 price target on shares of Chipotle Mexican Grill in a report on Thursday, September 12th. BMO Capital Markets lowered their target price on Chipotle Mexican Grill from $57.00 to $55.00 and set a "market perform" rating on the stock in a research note on Thursday, July 25th. Piper Sandler raised their price target on shares of Chipotle Mexican Grill from $56.00 to $59.00 and gave the stock a "neutral" rating in a report on Friday, October 11th. Finally, KeyCorp dropped their price objective on shares of Chipotle Mexican Grill from $68.00 to $66.00 and set an "overweight" rating on the stock in a research note on Thursday, July 25th. Ten analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $63.03.

Chipotle Mexican Grill Price Performance

Shares of NYSE CMG remained flat at $59.44 during mid-day trading on Friday. The stock had a trading volume of 6,009,270 shares, compared to its average volume of 13,892,501. The business's 50-day moving average is $56.63 and its 200 day moving average is $81.17. The firm has a market cap of $81.63 billion, a PE ratio of 63.16, a price-to-earnings-growth ratio of 2.41 and a beta of 1.25. Chipotle Mexican Grill has a twelve month low of $35.97 and a twelve month high of $69.26.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last posted its quarterly earnings results on Wednesday, July 24th. The restaurant operator reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.02. The firm had revenue of $2.97 billion for the quarter, compared to analyst estimates of $2.94 billion. Chipotle Mexican Grill had a net margin of 13.23% and a return on equity of 44.01%. The firm's quarterly revenue was up 18.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $12.65 earnings per share.

Institutional Trading of Chipotle Mexican Grill

A number of hedge funds have recently modified their holdings of CMG. Semmax Financial Advisors Inc. raised its stake in shares of Chipotle Mexican Grill by 225.0% in the first quarter. Semmax Financial Advisors Inc. now owns 13 shares of the restaurant operator's stock valued at $42,000 after purchasing an additional 9 shares in the last quarter. Crewe Advisors LLC bought a new position in shares of Chipotle Mexican Grill during the 1st quarter worth about $44,000. Westside Investment Management Inc. bought a new position in shares of Chipotle Mexican Grill during the 1st quarter worth about $58,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Chipotle Mexican Grill during the 1st quarter valued at about $78,000. Finally, Register Financial Advisors LLC bought a new stake in Chipotle Mexican Grill in the first quarter valued at about $102,000. Institutional investors own 91.31% of the company's stock.

Insider Transactions at Chipotle Mexican Grill

In related news, insider Curtis E. Garner sold 17,394 shares of the stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $54.68, for a total transaction of $951,103.92. Following the completion of the sale, the insider now owns 358,300 shares in the company, valued at $19,591,844. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, insider Curtis E. Garner sold 17,394 shares of the company's stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $54.68, for a total transaction of $951,103.92. Following the completion of the transaction, the insider now directly owns 358,300 shares in the company, valued at $19,591,844. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Curtis E. Garner sold 15,750 shares of the firm's stock in a transaction on Monday, October 7th. The stock was sold at an average price of $57.05, for a total transaction of $898,537.50. Following the completion of the sale, the insider now owns 457,764 shares in the company, valued at $26,115,436.20. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 50,684 shares of company stock worth $2,817,127. Company insiders own 1.02% of the company's stock.

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.