#7 - Chipotle Mexican Grill (NYSE:CMG)
Chipotle Mexican Grill Inc. (NYSE: CMG) has delivered an annual average total return of over 59% in the last five years. That’s why, after a 50-for-1 stock split in June and the departure of their popular CEO Brian Niccol, some investors may wonder if there’s still room for Chipotle stock to run.
However, there’s something to be said for leaving a company in better shape than when you got there. And Niccol has done just that. Chipotle remains the category leader in the fast-casual space, and with the company’s Chipotlane, it has cracked the code on mobile ordering. In fact, digital orders accounted for 34% of the company’s revenue in Q32024.
The Chipotle analyst forecast on MarketBeat shows a consensus price target of $66.07, which is just a 2% increase from the stock’s closing price on December 16. However, analysts are beginning to raise their targets, suggesting expectations of higher earnings in 2025.
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.
Read More - Current Price
- $57.52
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 18 Buy Ratings, 9 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $66.81 (16.1% Upside)
Many economists will caution consumers that the monthly inflation readings are lagging indicators. That means they report data that's already baked into the economy. To put it another way, by the time you hear about the monthly CPI report, you already know how much prices have gone up or down at the grocery store.
As a consumer, there may not be much you can do about inflation. But, as an investor, you can leverage opportunities created by its effects. Specifically, if the PPI is higher or lower than the CPI, you can expect the CPI to reflect that change in future months. That's why a hotter or cooler reading in these reports has the chance to move markets.
In this presentation, we've given you seven strategic stock picks that can help position your portfolio for potentially sticky inflation. These companies share one or more key attributes: they offer defensive products or services (i.e.,must-have products and services), have pricing power, and are receiving upgraded ratings and/or price targets from analysts.
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