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

$56.12
-0.23 (-0.41%)
(As of 09/13/2024 ET)
Today's Range
$55.69
$56.57
50-Day Range
$49.81
$59.53
52-Week Range
$35.37
$69.26
Volume
7.92 million shs
Average Volume
14.85 million shs
Market Capitalization
$76.86 billion
P/E Ratio
59.88
Dividend Yield
N/A
Price Target
$62.36

Chipotle Mexican Grill MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
11.1% Upside
$62.36 Price Target
Short Interest
Healthy
2.35% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.96
Upright™ Environmental Score
News Sentiment
0.54mentions of Chipotle Mexican Grill in the last 14 days
Based on 28 Articles This Week
Insider Trading
Selling Shares
$1.92 M Sold Last Quarter
Proj. Earnings Growth
18.52%
From $1.08 to $1.28 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.

4.51 out of 5 stars

Retail/Wholesale Sector

33rd out of 197 stocks

Eating Places Industry

6th out of 40 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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Is It Too Late to Buy Chipotle Stock Now?
Is It Too Late to Buy Chipotle Stock?
Beyond The CEO: Evaluating Chipotle's Fundamental Strengths
See More Headlines
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Company Calendar

Last Earnings
7/24/2024
Today
9/14/2024
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
+11.1%
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
$9.87 billion
Cash Flow
$1.15 per share
Book Value
$2.23 per share

Miscellaneous

Outstanding Shares
1,369,480,000
Free Float
1,359,342,000
Market Cap
$76.86 billion
Optionable
Optionable
Beta
1.25

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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 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.

Cons

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.
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.

CMG Stock Analysis - Frequently Asked Questions

How have CMG shares performed this year?

Chipotle Mexican Grill's stock was trading at $45.7392 on January 1st, 2024. Since then, CMG stock has increased by 22.7% and is now trading at $56.12.
View the best growth stocks for 2024 here
.

How were Chipotle Mexican Grill's earnings last quarter?

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

When did Chipotle Mexican Grill's stock split?

Chipotle Mexican Grill's stock split on the morning of Wednesday, June 26th 2024. The 50-1 split was announced on Tuesday, March 19th 2024. The newly minted shares were distributed 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 more.

Who are Chipotle Mexican Grill's major shareholders?

Top institutional shareholders 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
.

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 9/14/2024 by MarketBeat.com Staff

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