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Chipotle Mexican Grill (CMG) Stock Price, News & Analysis

$53.68
+0.65 (+1.23%)
(As of 09/6/2024 ET)
Today's Range
$53.08
$54.52
50-Day Range
$49.81
$62.75
52-Week Range
$35.37
$69.26
Volume
13.25 million shs
Average Volume
15.00 million shs
Market Capitalization
$73.72 billion
P/E Ratio
57.28
Dividend Yield
N/A
Price Target
$62.36

Chipotle Mexican Grill MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
16.2% Upside
$62.36 Price Target
Short Interest
Healthy
2.34% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.96
Upright™ Environmental Score
News Sentiment
0.72mentions of Chipotle Mexican Grill in the last 14 days
Based on 27 Articles This Week
Insider Trading
Selling Shares
$951,104 Sold Last Quarter
Proj. Earnings Growth
18.52%
From $1.08 to $1.28 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.67 out of 5 stars

Retail/Wholesale Sector

20th out of 194 stocks

Eating Places Industry

4th out of 39 stocks

CMG stock logo

About Chipotle Mexican Grill Stock (NYSE:CMG)

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. Chipotle Mexican Grill, Inc. was founded in 1993 and is headquartered in Newport Beach, California.

CMG Stock Price History

CMG Stock News Headlines

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Chipotle Mexican Grill: Take a Bite of This Smoking Hot Deal
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Company Calendar

Last Earnings
7/24/2024
Today
9/07/2024
Next Earnings (Confirmed)
10/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Eating places
Sub-Industry
Restaurants
CUSIP
16965610
Employees
116,068
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$62.36
High Stock Price Target
$77.76
Low Stock Price Target
$48.50
Potential Upside/Downside
+16.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
27 Analysts

Profitability

Net Income
$1.23 billion
Pretax Margin
17.48%

Debt

Sales & Book Value

Annual Sales
$10.66 billion
Cash Flow
$1.09 per share
Book Value
$2.71 per share

Miscellaneous

Outstanding Shares
1,373,350,000
Free Float
1,359,342,000
Market Cap
$73.72 billion
Optionable
Optionable
Beta
1.25

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Should I Buy Chipotle Mexican Grill Stock? CMG Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Chipotle Mexican Grill, Inc.:

  • Chipotle Mexican Grill, Inc. has a strong brand presence in the fast-casual dining industry, which can lead to customer loyalty and repeat business.
  • The company has been focusing on digital initiatives, such as online ordering and delivery services, which have become increasingly important in the current market environment.
  • Chipotle Mexican Grill, Inc. has shown consistent revenue growth in recent quarters, indicating a positive trend in its financial performance.
  • Recent menu innovations and marketing campaigns have helped attract new customers and drive sales for the company.
  • Despite market fluctuations, Chipotle Mexican Grill, Inc. stock price has remained relatively stable, providing a sense of security for investors.

Cons

Investors should be bearish about investing in Chipotle Mexican Grill, Inc. for these reasons:

  • Chipotle Mexican Grill, Inc. faces intense competition in the fast-casual dining space, which could impact its market share and profitability.
  • The company's heavy reliance on a single brand and product line makes it vulnerable to shifts in consumer preferences and industry trends.
  • Chipotle Mexican Grill, Inc. has experienced food safety issues in the past, which could tarnish its reputation and lead to decreased customer trust.
  • Rising commodity prices, such as those for avocados and beef, could put pressure on Chipotle Mexican Grill, Inc.'s profit margins.
  • Economic downturns or recessions may impact consumer spending on dining out, which could negatively affect Chipotle Mexican Grill, Inc.'s sales and revenue.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 13, 2024. Please send any questions or comments about these Chipotle Mexican Grill pros and cons to contact@marketbeat.com.

CMG Stock Analysis - Frequently Asked Questions

How have CMG shares performed this year?

Chipotle Mexican Grill's stock was trading at $45.7392 at the start of the year. Since then, CMG stock has increased by 17.4% and is now trading at $53.68.
View the best growth stocks for 2024 here
.

How were Chipotle Mexican Grill's earnings last quarter?

Chipotle Mexican Grill, Inc. (NYSE:CMG) released its earnings results on Wednesday, July, 24th. The restaurant operator reported $0.34 EPS for the quarter, topping the consensus estimate of $0.32 by $0.02. The company's revenue for the quarter was up 18.2% on a year-over-year basis.
Read the conference call transcript
.

When did Chipotle Mexican Grill's stock split?

Chipotle Mexican Grill shares split on the morning of Wednesday, June 26th 2024. The 50-1 split was announced on Tuesday, March 19th 2024. The newly minted shares were issued to shareholders after the closing bell on Tuesday, June 25th 2024. An investor that had 100 shares of stock prior to the split would have 5,000 shares after the split.

What is Brian Niccol's approval rating as Chipotle Mexican Grill's CEO?

1,104 employees have rated Chipotle Mexican Grill Chief Executive Officer Brian Niccol on Glassdoor.com. Brian Niccol has an approval rating of 70% among the company's employees.

Does Chipotle Mexican Grill have any subsidiaries?

Chipotle Mexican Grill subsidiaries include these companies: Chipotle Mexican Grill Canada Corp., Chipotle Mexican Grill France SAS, Chipotle Mexican Grill Germany GMBH, Chipotle Mexican Grill Holdings GmbH, Chipotle Mexican Grill Management GmbH, Chipotle Mexican Grill of Berwyn Heights LLC, Chipotle Mexican Grill of Colorado LLC, and more.

Who are Chipotle Mexican Grill's major shareholders?

Chipotle Mexican Grill's top institutional investors include Susquehanna International Group LLP, American Century Companies Inc. (1.47%), Legal & General Group Plc (0.80%) and Massachusetts Financial Services Co. MA (0.75%). Insiders that own company stock include Albert S Baldocchi, Brian R Niccol, Christopher W Brandt, Curtis E Garner, Marissa Andrada, Scott Boatwright, Laurie Schalow, Roger E Theodoredis, Robin S Hickenlooper, Patricia Filikrushel and Pershing Square Capital Manage.
View institutional ownership trends
.

How do I buy shares of Chipotle Mexican Grill?

Shares of CMG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Chipotle Mexican Grill own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Chipotle Mexican Grill investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH) and Micron Technology (MU).

This page (NYSE:CMG) was last updated on 9/7/2024 by MarketBeat.com Staff

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