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

$56.92
-1.58 (-2.70%)
(As of 09/18/2024 ET)

About Chipotle Mexican Grill Stock (NYSE:CMG)

Key Stats

Today's Range
$56.81
$58.54
50-Day Range
$49.81
$58.50
52-Week Range
$35.37
$69.26
Volume
10.20 million shs
Average Volume
14.78 million shs
Market Capitalization
$78.17 billion
P/E Ratio
60.73
Dividend Yield
N/A
Price Target
$62.36
Consensus Rating
Moderate Buy

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.

Chipotle Mexican Grill Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 84th Percentile

Chipotle Mexican Grill scored higher than 84% of companies evaluated by MarketBeat, and ranked 64th out of 212 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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 18 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Chipotle Mexican Grill's stock forecast and price target.
  • Earnings Growth

    Earnings for Chipotle Mexican Grill are expected to grow by 18.52% in the coming year, from $1.08 to $1.28 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Chipotle Mexican Grill is 60.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.17.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Chipotle Mexican Grill is 60.73, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 21.78.

  • Price to Earnings Growth Ratio

    Chipotle Mexican Grill has a PEG Ratio of 2.33. 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 25.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Chipotle Mexican Grill's valuation and earnings.
  • Percentage of Shares Shorted

    2.34% 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 1.6, 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 0.22%, indicating that investor sentiment is improving.
  • 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.

  • Percentage of Shares Shorted

    2.34% 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 1.6, 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 0.22%, indicating that investor sentiment is improving.
  • News Sentiment

    Chipotle Mexican Grill has a news sentiment score of 0.51. 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 0.63 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 31 news articles for Chipotle Mexican Grill this week, compared to 24 articles on an average week.
  • Search Interest

    Only 148 people have searched for CMG on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.
  • MarketBeat Follows

    Only 37 people have added Chipotle Mexican Grill to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.
  • 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 $1,918,589.00 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.

  • Read more about Chipotle Mexican Grill's insider trading history.

CMG Stock News Headlines

Booking com logo on a computer screen. Home page of the Internet resource Booking com
3 Stocks the Market Is Willing to Overpay for Right Now (CMG)
Three stocks stand out in the way markets are willing to overpay for them, premiums are justified by fundamental tailwinds and EPS growth forecasts
Central Bank Abandons USD
Startling new evidence shows the U.S. Central Bank is abandoning the currency we’ve relied on for centuries – the United States Dollar… And placing a ‘quiet bet’ on a new type of currency… Gold.
Wingstop stock
Is Wingstop The Perfect Fast Casual Restaurant Model? (CMG)
Wingstop Inc. (NASDAQ: WING) has a simple restaurant concept. Sell chicken wings, chicken tenders and chicken sandwiches with fries and sodas
Restaurant stocks
4 Stocks That Boosted Their Bottom Line with Beef (CMG)
The advent of GLP-1 weight-loss treatments has inadvertently underscored the importance of protein in mitigating muscle loss and these restaurants are winners
Chipotle Mexican Grill (NYSE:CMG) Shares Down 1.6%
See More Headlines

CMG Stock Analysis - Frequently Asked Questions

Chipotle Mexican Grill's stock was trading at $45.7392 at the beginning of 2024. Since then, CMG stock has increased by 24.4% and is now trading at $56.92.
View the best growth stocks for 2024 here
.

Chipotle Mexican Grill, Inc. (NYSE:CMG) released its quarterly earnings results on Wednesday, July, 24th. The restaurant operator reported $0.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.32 by $0.02. The firm's revenue was up 18.2% compared to the same quarter last year.
Read the conference call transcript
.

Shares of Chipotle Mexican Grill split before market open on Wednesday, June 26th 2024. The 50-1 split was announced on Tuesday, March 19th 2024. The newly issued shares were distributed to shareholders after the market closes 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.

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 others.

Top institutional investors of Chipotle Mexican Grill 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, Curtis E Garner, Christopher W Brandt, Marissa Andrada, Scott Boatwright, Laurie Schalow, Roger E Theodoredis, Robin S Hickenlooper and Patricia Filikrushel.
View institutional ownership trends
.

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.

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).

Company Calendar

Last Earnings
7/24/2024
Today
9/18/2024
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
+9.6%
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
$1.16 per share
Book Value
$2.23 per share

Miscellaneous

Outstanding Shares
1,373,350,000
Free Float
1,359,342,000
Market Cap
$78.17 billion
Optionable
Optionable
Beta
1.25

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

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 Monday, September 9, 2024. Please send any questions or comments about these Chipotle Mexican Grill pros and cons to contact@marketbeat.com.

Chipotle Mexican Grill
Bull Case

green Wall Street bull icon

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

  • Chipotle Mexican Grill, Inc. has a strong brand presence and loyal customer base, which can lead to consistent revenue streams.
  • The company has been expanding its digital sales channels, including delivery and online ordering, which can drive growth and improve convenience for customers.
  • Chipotle Mexican Grill, Inc. has been focusing on sustainability and ethical sourcing of ingredients, which can attract socially conscious consumers and enhance brand reputation.
  • Recent financial reports show that Chipotle Mexican Grill, Inc. has been achieving strong revenue and profit growth, indicating a positive outlook for the company.
  • As of the most recent update, Chipotle Mexican Grill, Inc.'s stock price is performing well, showing potential for capital appreciation for investors.

Chipotle Mexican Grill
Bear Case

red Wall Street bear icon

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

  • Chipotle Mexican Grill, Inc. faces competition in the fast-casual dining industry, which could impact market share and profitability.
  • The company's success is closely tied to consumer preferences and trends, making it susceptible to shifts in the market and changing consumer behavior.
  • Chipotle Mexican Grill, Inc. may be vulnerable to food safety concerns or incidents, which could damage its reputation and lead to financial losses.
  • Fluctuations in commodity prices, such as those of avocados or meat, can impact Chipotle Mexican Grill, Inc.'s operating costs and profit margins.
  • While the stock price has shown positive performance, investors should consider market volatility and potential risks associated with investing in the restaurant industry.

This page (NYSE:CMG) was last updated on 9/18/2024 by MarketBeat.com Staff
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