What is William Blair's Forecast for CMG FY2026 Earnings?

Chipotle Mexican Grill, Inc. (NYSE:CMG - Free Report) - William Blair cut their FY2026 earnings per share estimates for shares of Chipotle Mexican Grill in a report issued on Thursday, July 17th. William Blair analyst S. Zackfia now forecasts that the restaurant operator will post earnings of $1.44 per share for the year, down from their previous forecast of $1.45. The consensus estimate for Chipotle Mexican Grill's current full-year earnings is $1.29 per share.

Other research analysts have also issued reports about the stock. Citigroup boosted their price target on shares of Chipotle Mexican Grill from $65.00 to $68.00 and gave the stock a "buy" rating in a research note on Thursday, July 10th. BMO Capital Markets raised Chipotle Mexican Grill from a "market perform" rating to an "outperform" rating and increased their target price for the stock from $56.00 to $65.00 in a research note on Friday. TD Securities restated a "buy" rating and issued a $57.00 price target on shares of Chipotle Mexican Grill in a research note on Wednesday, June 18th. Robert W. Baird increased their price objective on Chipotle Mexican Grill from $58.00 to $62.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 2nd. Finally, Redburn Atlantic began coverage on shares of Chipotle Mexican Grill in a research report on Tuesday, June 10th. They set a "neutral" rating and a $55.00 target price on the stock. Nine investment analysts have rated the stock with a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $61.72.

Chipotle Mexican Grill Stock Performance

Shares of Chipotle Mexican Grill stock opened at $53.88 on Monday. Chipotle Mexican Grill has a one year low of $44.46 and a one year high of $66.74. The company has a market cap of $72.60 billion, a P/E ratio of 47.68, a PEG ratio of 2.66 and a beta of 1.08. The firm has a fifty day moving average of $52.90 and a two-hundred day moving average of $52.84.

Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The restaurant operator reported $0.29 EPS for the quarter, topping the consensus estimate of $0.28 by $0.01. Chipotle Mexican Grill had a return on equity of 43.29% and a net margin of 13.59%. The business had revenue of $2.88 billion during the quarter, compared to analysts' expectations of $2.98 billion. During the same quarter in the prior year, the business earned $13.37 earnings per share. The company's quarterly revenue was up 6.4% compared to the same quarter last year.

Insiders Place Their Bets

In other Chipotle Mexican Grill news, insider Roger E. Theodoredis sold 113,875 shares of Chipotle Mexican Grill stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of $49.70, for a total value of $5,659,587.50. Following the completion of the sale, the insider owned 109,815 shares in the company, valued at $5,457,805.50. The trade was a 50.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.02% of the company's stock.

Institutional Investors Weigh In On Chipotle Mexican Grill

Several hedge funds have recently modified their holdings of CMG. Norges Bank purchased a new stake in shares of Chipotle Mexican Grill during the 4th quarter valued at $1,093,345,000. Nuveen LLC acquired a new position in Chipotle Mexican Grill in the first quarter valued at $535,023,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in Chipotle Mexican Grill by 4,138,574.1% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 8,318,735 shares of the restaurant operator's stock valued at $501,620,000 after acquiring an additional 8,318,534 shares during the period. Alliancebernstein L.P. increased its stake in Chipotle Mexican Grill by 29.5% during the fourth quarter. Alliancebernstein L.P. now owns 30,100,520 shares of the restaurant operator's stock worth $1,815,061,000 after acquiring an additional 6,853,470 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in shares of Chipotle Mexican Grill by 98.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,900,521 shares of the restaurant operator's stock worth $497,105,000 after purchasing an additional 4,903,969 shares during the period. 91.31% of the stock is owned by institutional investors and hedge funds.

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.

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