What is William Blair's Forecast for CMG Q1 Earnings?

Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) - Analysts at William Blair reduced their Q1 2025 earnings estimates for Chipotle Mexican Grill in a research note issued to investors on Tuesday, March 25th. William Blair analyst S. Zackfia now expects that the restaurant operator will earn $0.26 per share for the quarter, down from their prior estimate of $0.28. The consensus estimate for Chipotle Mexican Grill's current full-year earnings is $1.29 per share. William Blair also issued estimates for Chipotle Mexican Grill's FY2025 earnings at $1.27 EPS.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.01. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%.

Other equities analysts have also recently issued research reports about the company. Morgan Stanley upgraded Chipotle Mexican Grill from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $65.00 to $70.00 in a research report on Monday, March 3rd. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $70.00 price objective on shares of Chipotle Mexican Grill in a report on Tuesday, January 28th. Cfra raised Chipotle Mexican Grill from a "buy" rating to a "strong-buy" rating and raised their target price for the company from $59.00 to $73.00 in a report on Wednesday, February 5th. Wells Fargo & Company lowered their price target on shares of Chipotle Mexican Grill from $75.00 to $70.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 5th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Chipotle Mexican Grill from $64.00 to $58.00 and set a "neutral" rating for the company in a research note on Thursday, March 20th. Eight research analysts have rated the stock with a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Chipotle Mexican Grill currently has a consensus rating of "Moderate Buy" and a consensus price target of $66.67.

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Chipotle Mexican Grill Trading Down 2.0 %

Shares of Chipotle Mexican Grill stock traded down $1.02 on Thursday, reaching $49.91. 13,163,476 shares of the stock were exchanged, compared to its average volume of 13,272,012. The firm has a market capitalization of $67.64 billion, a PE ratio of 44.95, a PEG ratio of 2.04 and a beta of 1.27. Chipotle Mexican Grill has a 1-year low of $47.55 and a 1-year high of $69.26. The business has a fifty day moving average price of $53.81 and a two-hundred day moving average price of $57.56.

Institutional Investors Weigh In On Chipotle Mexican Grill

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Ethos Financial Group LLC acquired a new stake in shares of Chipotle Mexican Grill during the fourth quarter valued at about $31,000. Sound Income Strategies LLC boosted its holdings in Chipotle Mexican Grill by 1,110.0% in the fourth quarter. Sound Income Strategies LLC now owns 605 shares of the restaurant operator's stock valued at $36,000 after purchasing an additional 555 shares during the last quarter. Truvestments Capital LLC acquired a new stake in Chipotle Mexican Grill during the 3rd quarter valued at approximately $37,000. Murphy & Mullick Capital Management Corp purchased a new stake in Chipotle Mexican Grill during the 4th quarter worth approximately $38,000. Finally, Financial Life Planners acquired a new position in shares of Chipotle Mexican Grill in the 4th quarter valued at approximately $45,000. Hedge funds and other institutional investors own 91.31% of the company's stock.

About Chipotle Mexican Grill

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.