About Chipotle Mexican Grill
Chipotle Mexican Grill, Inc., together with its subsidiaries operates Chipotle Mexican Grill restaurants. The Company's Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. The Company operates approximately 1,970 Chipotle restaurants throughout the United States, over 10 in Canada, seven in England, four in France and one in Germany. The Company's restaurants include over 10 ShopHouse Southeast Asian Kitchen restaurants, serving Asian-inspired cuisine. The Company owned and operated approximately three Pizzeria Locale restaurants, a fast casual pizza concept, resulting in a totaling of approximately 2,010 restaurants. The Company sells gift cards which do not have an expiration date.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Restaurants
- Sub-Industry: Restaurants
- Exchange: NYSE
- Symbol: CMG
- CUSIP: 16965610
- Previous Close: $420.90
- 50 Day Moving Average: $414.05
- 200 Day Moving Average: $403.47
- 52-Week Range: $28,772,000.00 - $352.96
- Trailing P/E Ratio: 546.62
- Foreward P/E Ratio: 35.40
- P/E Growth: 0.36
- Market Cap: $12.11B
- Outstanding Shares: 28,772,000
- Beta: 0.59
- Net Margins: 0.59%
- Return on Equity: 2.60%
- Return on Assets: 1.83%
Companies Related to Chipotle Mexican Grill:
- Current Ratio: 1.85%
- Quick Ratio: 1.80%
What is Chipotle Mexican Grill's stock symbol?
Chipotle Mexican Grill trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMG."
Where is Chipotle Mexican Grill's stock going? Where will Chipotle Mexican Grill's stock price be in 2017?
34 brokerages have issued 12 month price targets for Chipotle Mexican Grill's stock. Their forecasts range from $215.00 to $564.00. On average, they anticipate Chipotle Mexican Grill's stock price to reach $416.59 in the next twelve months.
When will Chipotle Mexican Grill announce their earnings?
Chipotle Mexican Grill is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.
What are analysts saying about Chipotle Mexican Grill stock?
Here are some recent quotes from research analysts about Chipotle Mexican Grill stock:
According to Zacks Investment Research, "Chipotle’s Q4 adjusted earnings of $0.55 per share topped the Zacks Consensus Estimate by 1.9%, but fell considerably year over year. Revenues rose 3.7% to $1.03 billion and were almost in line with the consensus mark. Despite various food-safety initiatives, the company’s results in the past few quarters continued to be affected by the negative publicity linked with the food-borne illnesses. As a result, Chipotle shares have underperformed the Zacks classified Retail–Restaurants industry over the last year. Nonetheless, Chipotle’s recovery plan to restore its economic model and customers trust to build sales, along with efforts to enhance guest experience bode well. Moreover, various sales and technology driven initiatives undertaken should aid in bringing back customers. However, higher costs are expected to impact margins, while a choppy sales environment in the U.S. restaurant space might limit revenue growth." (2/22/2017)
- Instinet analysts commented, "After yesterday's market close, Chipotle Mexican Grill reported Q4 EPS of $0.55, within the pre-announced range of $0.50-0.58, and matching our $0.55 estimate. Consensus Metrix was at $0.54. Fourth-quarter same-store sales'which had been previously divulged'declined by 4.8%. For full-year 2017, the company continues to target high-single-digit same-store sales, 195-210 new units, and a tax rate of 39.0-39.5%. We retain our 2017 and 2018 EPS projections of $8.40 and $12.40, respectively, and maintain our Neutral rating on CMG." (2/3/2017)
- RBC Capital Markets analysts commented, "Following 4Q16 results, our EPS estimates are largely unchanged reflecting a slightly faster sales recovery offset by higher assumed G&A from executive bonuses. Upside to our base case target of $465 will largely depend on accelerating sales momentum from operations improvements, digital ordering and new marketing'all of which can increase in impact in the coming months." (1/31/2017)
Canaccord Genuity analysts commented, "Date and time of first dissemination: December 16, 2016, 10:15 ET Date and time of production: December 16, 2016, 10:15 ET Target Price / Valuation Methodology: Chipotle Mexican Grill – CMG Our $375 price target is based on 19x our ’17 EBITDA estimate of $556.6 million. Risks to achieving Target Price / Valuation: Chipotle Mexican Grill – CMG We consider the following as risks: (1) another food-borne incident surfaces that results in SSS decelerating once again; (2) the criminal investigation implicates CMG employees which results in further negative publicity; (3) worsening labor pressure in the U.S.; (4) prolonged commodity inflation; (5) inability to source product; (6) a lower outlook for the global and U.S. economy, whereby consumer sentiment and spending declines; and (7) a downside move to the broad equity market multiple. Distribution of Ratings: Global Stock Ratings (as of 12/16/16) Rating Coverage Universe IB Clients # % % Buy 581 61.03% 35.80% Hold 277 29.10% 18.41% Sell 29 3.05% 20.69% Speculative Buy 65 6.83% 72.31% 952* 100.0% *Total includes stocks that are Under Review Canaccord Genuity Ratings System BUY: The stock is expected to generate risk-adjusted returns of over 10% during the next 12 months. HOLD: The stock is expected to generate risk-adjusted returns of 0-10% during the next 12 months. SELL: The stock is expected to generate negative risk-adjusted returns during the next 12 months. NOT RATED: Canaccord Genuity does not provide research coverage of the relevant issuer." (12/19/2016)
Who owns Chipotle Mexican Grill stock?
Chipotle Mexican Grill's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (11.39%), Pershing Square Capital Management, LP (9.96%), Sands Capital Management LLC (5.80%), State Street Corp (4.14%), Ruane Cunniff & Goldfarb Inc. (1.88%) and Discovery Capital Management LLC CT (0.88%). Company insiders that own Chipotle Mexican Grill stock include Darlene J Friedman, Jack Hartung, Mark Crumpacker, Matthew H Paull, Montgomery F Moran and Steve Ells.
Who sold Chipotle Mexican Grill stock? Who is selling Chipotle Mexican Grill stock?
Chipotle Mexican Grill's stock was sold by a variety of institutional investors in the last quarter, including Putnam Investments LLC, Sands Capital Management LLC, William Blair Investment Management LLC, TCW Group Inc., Fiera Capital Corp, Darsana Capital Partners LP, Ruane Cunniff & Goldfarb Inc. and Archon Capital Management LLC.
Who bought Chipotle Mexican Grill stock? Who is buying Chipotle Mexican Grill stock?
Chipotle Mexican Grill's stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Discovery Capital Management LLC CT, Brown Advisory Inc., Russell Investments Group Ltd., MIG Capital LLC, Renaissance Technologies LLC, Asset Management One Co. Ltd. and State Street Corp.
How do I buy Chipotle Mexican Grill stock?
Shares of Chipotle Mexican Grill can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Chipotle Mexican Grill stock cost?
One share of Chipotle Mexican Grill stock can currently be purchased for approximately $420.90.