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

Company Overview

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.

Key Stats

• Today's Range: $60.96 to $61.94
• 50-Day Range: $55.76 to $66.18
• 52-Week Range: $44.08 to $69.26
• Volume: 8.46 million shs
• Average Volume: 13.32 million shs
• Market Capitalization: $83.91 billion
• P/E Ratio: 57.32
• Dividend Yield: N/A
• Price Target: $66.55
• Consensus Rating: Moderate Buy

Chipotle Mexican Grill Stock Analysis - MarketRank™

Chipotle Mexican Grill scored higher than 88% of companies evaluated by MarketBeat, and ranked 52nd out of 218 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Chipotle Mexican Grill has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 18 buy ratings, 9 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Chipotle Mexican Grill has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 18.02%

Earnings Growth

Earnings for Chipotle Mexican Grill are expected to grow by 18.02% in the coming year, from $1.11 to $1.31 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Chipotle Mexican Grill is 57.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.35.

Price to Earnings Ratio vs. Sector

The P/E ratio of Chipotle Mexican Grill is 57.32, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 107.82.

Price to Earnings Growth Ratio

Chipotle Mexican Grill has a PEG Ratio of 2.64. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Chipotle Mexican Grill has a P/B Ratio of 27.61. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.88% of the outstanding shares of Chipotle Mexican Grill have been sold short.

Short Interest Ratio / Days to Cover

Chipotle Mexican Grill has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Chipotle Mexican Grill has recently decreased by 6.08%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Chipotle Mexican Grill does not currently pay a dividend.

Dividend Growth

Chipotle Mexican Grill does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.0 / 5
• Environmental Score: -1.96

Percentage of Shares Shorted

1.88% of the outstanding shares of Chipotle Mexican Grill have been sold short.

Short Interest Ratio / Days to Cover

Chipotle Mexican Grill has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Chipotle Mexican Grill has recently decreased by 6.08%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.20

News Sentiment

Chipotle Mexican Grill has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 44 news articles for Chipotle Mexican Grill this week, compared to 31 articles on an average week.

Search Interest

Only 78 people have searched for CMG on MarketBeat in the last 30 days. This is a decrease of -41% compared to the previous 30 days.

MarketBeat Follows

Only 38 people have added Chipotle Mexican Grill to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Chipotle Mexican Grill insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,184,842.00 in company stock.

Percentage Held by Insiders

Only 1.02% of the stock of Chipotle Mexican Grill is held by insiders.

Percentage Held by Institutions

91.31% of the stock of Chipotle Mexican Grill is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

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 shares have increased by 34.6% and is now trading at $61.58.
View the best growth stocks for 2024 here.

How were Chipotle Mexican Grill's earnings last quarter?

Chipotle Mexican Grill, Inc. (NYSE:CMG) posted its earnings results on Tuesday, October, 29th. The restaurant operator reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.02. The firm's revenue was up 13.0% compared to the same quarter last year.
Read the conference call transcript.

When did Chipotle Mexican Grill's stock split?

Chipotle Mexican Grill shares split on Wednesday, June 26th 2024. The 50-1 split was announced on Tuesday, March 19th 2024. The newly minted shares were payable 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.

Does Chipotle Mexican Grill have any subsidiaries?

Chipotle Mexican Grill subsidiaries include 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 others.

Who are Chipotle Mexican Grill's major shareholders?

Top institutional investors of Chipotle Mexican Grill include State Street Corp (4.04%), FMR LLC (2.47%), Geode Capital Management LLC (2.06%) and Edgewood Management LLC (1.57%). Insiders that own company stock include Albert S Baldocchi, Brian R Niccol, Curtis E Garner, Christopher W Brandt, Marissa Andrada, Laurie Schalow, Scott Boatwright, Roger E Theodoredis, Robin S Hickenlooper and Patricia Filikrushel.
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 NVIDIA (NVDA), Meta Platforms (META), Xtrackers California Municipal Bond ETF (CA), Tesla (TSLA), Advanced Micro Devices (AMD), Netflix (NFLX) and BlackRock (BLK).

Company Calendar

• Last Earnings: 10/29/2024
• Today: 12/23/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Retail/Wholesale
• Industry: Eating places
• Sub-Industry: Restaurants
• Current Symbol: NYSE:CMG
• CUSIP: 16965610
• CIK: 1058090
• Web: www.chipotle.com
• Phone: (949) 524-4000
• Fax: 302-674-5266
• Employees: 116,068
• Year Founded: 1993

Price Target and Rating

• Average Stock Price Target: $66.55
• High Stock Price Target: $77.76
• Low Stock Price Target: $55.00
• Potential Upside/Downside: +8.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 27 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.07
• Trailing P/E Ratio: 57.24
• Forward P/E Ratio: 55.41
• P/E Growth: 2.64
• Net Income: $1.23 billion
• Net Margins: 13.51%
• Pretax Margin: 17.78%
• Return on Equity: 43.20%
• Return on Assets: 17.27%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.62
• Quick Ratio: 1.57

Sales & Book Value

• Annual Sales: $10.98 billion
• Price / Sales: 7.63
• Cash Flow: $1.07 per share
• Price / Cash Flow: 57.59
• Book Value: $2.23 per share
• Price / Book: 27.58

Miscellaneous

• Outstanding Shares: 1,362,593,000
• Free Float: 1,348,695,000
• Market Cap: $83.80 billion
• Optionable: Optionable
• Beta: 1.27