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

$59.53
-3.22 (-5.13%)
(As of 07/8/2024 ET)
Today's Range
$59.04
$62.66
50-Day Range
$59.53
$3,284.80
52-Week Range
$35.37
$69.26
Volume
24.44 million shs
Average Volume
13.54 million shs
Market Capitalization
$81.76 billion
P/E Ratio
63.52
Dividend Yield
N/A
Price Target
$64.29

Chipotle Mexican Grill MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
8.0% Upside
$64.29 Price Target
Short Interest
Healthy
3.26% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.96
Upright™ Environmental Score
News Sentiment
0.55mentions of Chipotle Mexican Grill in the last 14 days
Based on 32 Articles This Week
Insider Trading
Selling Shares
$35.02 M Sold Last Quarter
Proj. Earnings Growth
19.82%
From $1.11 to $1.33 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.

3.98 out of 5 stars

Retail/Wholesale Sector

63rd out of 184 stocks

Eating Places Industry

10th out of 38 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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MarketBeat Week in Review – 6/24 - 6/28 (CMG)
A benign reading on inflation may keep the stock market rally going as traders and investors get a break with a holiday-shortened week before earnings season
Chipotle Mexican Grill Restaurant logo sign
Chipotle Mexican Grill Stock Split: Where Does it Go From Here?
Investors wondering where Chipotle Mexican Grill's NYSE: CMG stock price will go from here should be comforted to know this market will likely continue to rise. That is because the meteoric rise in the share price is driven by fundamental factors, including growth, margin, and an outlook for accelerating growth as the international expansion gains momentum.
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Chipotle Mexican Grill Restaurant logo sign
Chipotle Mexican Grill Stock Split: Where Does it Go From Here?
Analyst's don't care much about Chipotle's stock split because they know this market is moving higher on fundamental factors that are unchanged.
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MarketBeat Week in Review – 6/17 - 6/21 (CMG)
Markets were calmer this week, with the Dow index posting the biggest gains, but it's too early to tell if this is the start of a broader market rally
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Lyft offered enough growth at a discount for Wall Street to come and boost its valuations on masse. Double-digit upside lies ahead for the stock today
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CAVA's Per-Restaurant Stock Value Outshines Chipotle's
Cava's brand is now becoming worth more than Chipotle, on a per restaurant basis, a valuation that is backed up by the company's latest quarterly growth
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MarketBeat Week in Review – 6/10 - 6/14 (CMG)
Markets pulled back to end the week, but investors are climbing the wall of worry despite higher-for-longer interest rates and lingering recession concerns
Young billionaire opens the door for millions of Americans
You can now profit from a catalog of 11 inventions that will likely make their way into millions of U.S. households in the months and years to come. And you can do this whether you’re rich or poor… There are no special income requirements.
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3 Sector Stars Lead Growth: Foot Locker, Shake Shack, Hims & Hers
These three stocks are looking to get a chunk of the total added jobs in the economy, meaning that analyst double-digit upside and growth projections are real
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Chipotle Mexican Grill (NYSE:CMG) Shares Down 4.4%
Chipotle And Its Real Value
See More Headlines
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Company Calendar

Last Earnings
4/24/2024
Today
7/09/2024
Next Earnings (Confirmed)
7/24/2024
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
$64.29
High Stock Price Target
$77.76
Low Stock Price Target
$39.00
Potential Upside/Downside
+8.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
27 Analysts

Profitability

Net Income
$1.23 billion
Pretax Margin
16.70%

Debt

Sales & Book Value

Annual Sales
$9.87 billion
Cash Flow
$1.08 per share
Book Value
$2.23 per share

Miscellaneous

Outstanding Shares
1,373,350,000
Free Float
1,359,342,000
Market Cap
$81.76 billion
Optionable
Optionable
Beta
1.24

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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 shown consistent growth in its stock price, with a recent increase of 1.4% during mid-day trading on Tuesday, reaching $3,238.20.
  • The company has a strong market capitalization of $90.23 billion, indicating stability and potential for further growth.
  • Chipotle Mexican Grill reported a solid quarterly earnings performance, surpassing analysts' expectations with an EPS of $0.27, showcasing financial strength.
  • Analysts have given the company a "Moderate Buy" rating with an average target price of $64.02, suggesting positive sentiment towards future performance.
  • Hedge funds and institutional investors have been increasing their stakes in Chipotle Mexican Grill, indicating confidence in the company's future prospects.

Cons

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

  • Chipotle Mexican Grill's stock has a high PE ratio of 70.10, which may indicate an overvaluation compared to industry peers.
  • The stock is trading at a premium, with a price-to-earnings-growth ratio of 2.55, potentially limiting short-term upside for investors.
  • The company's beta of 1.25 suggests higher volatility compared to the market average, posing risks for investors during market fluctuations.
  • While the company has shown growth, the recent insider selling activity, including the CEO selling a significant number of shares, may raise concerns about future performance.
  • Chipotle Mexican Grill's stock split may impact liquidity and trading dynamics, potentially affecting investor sentiment in the short term.
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, July 2, 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 beginning of 2024. Since then, CMG shares have increased by 30.2% and is now trading at $59.53.
View the best growth stocks for 2024 here
.

How were Chipotle Mexican Grill's earnings last quarter?

Chipotle Mexican Grill, Inc. (NYSE:CMG) announced its earnings results on Wednesday, April, 24th. The restaurant operator reported $0.27 EPS for the quarter, topping the consensus estimate of $0.23 by $0.03. The restaurant operator had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.67 billion. Chipotle Mexican Grill had a trailing twelve-month return on equity of 43.74% and a net margin of 12.70%.
Read the conference call transcript
.

When did Chipotle Mexican Grill's stock split?

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 issued 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.

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?

The following companies are subsidiaries of Chipotle Mexican Grill: 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?

Chipotle Mexican Grill's top institutional investors include DNB Asset Management AS (0.02%), Appleton Partners Inc. MA (0.02%), Institutional & Family Asset Management LLC and GP Brinson Investments LLC. 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, Patricia Filikrushel, John J Scelfo, Pershing Square Capital Manage and Jack Hartung.
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 7/9/2024 by MarketBeat.com Staff

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