Chipotle Mexican Grill (CMG) Projected to Post Earnings on Wednesday

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) will likely be releasing its Q1 2025 earnings data after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.28 per share and revenue of $2.98 billion for the quarter.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The restaurant operator reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.01. Chipotle Mexican Grill had a return on equity of 42.92% and a net margin of 13.56%. The firm had revenue of $2.88 billion for the quarter, compared to analysts' expectations of $2.98 billion. On average, analysts expect Chipotle Mexican Grill to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Chipotle Mexican Grill Price Performance

Shares of CMG traded up $1.52 during trading hours on Friday, hitting $51.06. The stock had a trading volume of 5,329,883 shares, compared to its average volume of 13,486,279. The firm has a market capitalization of $69.20 billion, a PE ratio of 45.91, a PEG ratio of 2.04 and a beta of 1.27. Chipotle Mexican Grill has a 12 month low of $44.46 and a 12 month high of $69.26. The stock has a fifty day moving average price of $50.16 and a 200 day moving average price of $56.33.

Wall Street Analysts Forecast Growth

CMG has been the subject of several research reports. Stephens reduced their price target on shares of Chipotle Mexican Grill from $54.00 to $49.00 and set an "equal weight" rating for the company in a research report on Thursday. JPMorgan Chase & Co. dropped their price target on shares of Chipotle Mexican Grill from $64.00 to $58.00 and set a "neutral" rating on the stock in a research note on Thursday, March 20th. Robert W. Baird reduced their price objective on Chipotle Mexican Grill from $62.00 to $56.00 and set an "outperform" rating for the company in a research note on Thursday. Wells Fargo & Company lowered their target price on Chipotle Mexican Grill from $70.00 to $60.00 and set an "overweight" rating on the stock in a research report on Tuesday. Finally, Piper Sandler reduced their price target on Chipotle Mexican Grill from $59.00 to $52.00 and set a "neutral" rating for the company in a research report on Thursday. Eight equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $61.96.

Hedge Funds Weigh In On Chipotle Mexican Grill

A hedge fund recently raised its stake in Chipotle Mexican Grill stock. Revolve Wealth Partners LLC lifted its position in Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) by 4.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,804 shares of the restaurant operator's stock after buying an additional 214 shares during the period. Revolve Wealth Partners LLC's holdings in Chipotle Mexican Grill were worth $290,000 as of its most recent SEC filing. 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.