Should I buy or sell Chipotle Mexican Grill stock right now?

25 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chipotle Mexican Grill in the last year. There are currently 6 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CMG shares. View CMG analyst ratings or view top-rated stocks .

What is Chipotle Mexican Grill's stock price target for 2024?

25 analysts have issued 12-month price targets for Chipotle Mexican Grill's stock. Their CMG share price targets range from $1,750.00 to $2,570.00. On average, they anticipate the company's share price to reach $2,167.81 in the next twelve months. This suggests that the stock has a possible downside of 2.6%. View analysts price targets for CMG or view top-rated stocks among Wall Street analysts .

How have CMG shares performed in 2023?

Chipotle Mexican Grill's stock was trading at $1,387.49 at the beginning of 2023. Since then, CMG stock has increased by 60.5% and is now trading at $2,226.25. View the best growth stocks for 2023 here .

Are investors shorting Chipotle Mexican Grill?

Chipotle Mexican Grill saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 793,000 shares, an increase of 25.4% from the October 31st total of 632,600 shares. Based on an average trading volume of 236,300 shares, the short-interest ratio is currently 3.4 days. Approximately 2.9% of the company's stock are sold short. View Chipotle Mexican Grill's Short Interest .

When is Chipotle Mexican Grill's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024. View our CMG earnings forecast .

How were Chipotle Mexican Grill's earnings last quarter?

Chipotle Mexican Grill, Inc. (NYSE:CMG) released its quarterly earnings results on Thursday, October, 26th. The restaurant operator reported $11.36 EPS for the quarter, beating analysts' consensus estimates of $10.46 by $0.90. The restaurant operator had revenue of $2.47 billion for the quarter, compared to analysts' expectations of $2.47 billion. Chipotle Mexican Grill had a trailing twelve-month return on equity of 45.26% and a net margin of 12.27%. The firm's revenue for the quarter was up 11.3% on a year-over-year basis. During the same period in the prior year, the business posted $9.51 earnings per share. Read the conference call transcript .

What ETFs hold Chipotle Mexican Grill's stock?

ETFs with the largest weight of Chipotle Mexican Grill (NYSE:CMG) stock in their portfolio include Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ) , IQ Winslow Focused Large Cap Growth ETF (IWFG) , Invesco Food & Beverage ETF (PBJ) , 2ndVote Life Neutral Plus ETF (LYFE) , Gabelli Growth Innovators ETF (GGRW) , Invesco Leisure and Entertainment ETF (PEJ) , American Century Focused Dynamic Growth ETF (FDG) and BTD Capital Fund (DIP) .

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.

What other stocks do shareholders of Chipotle Mexican Grill own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Chipotle Mexican Grill investors own include CA (CA) , Endologix (ELGX) , BlackRock (BLK) , Hawkins (HWKN) , Aegean Marine Petroleum Network (ANW) , Athabasca Oil (ATH) , Micron Technology (MU) , AutoZone (AZO) , Accenture (ACN) and Zoetis (ZTS) .

Who are Chipotle Mexican Grill's major shareholders?

Chipotle Mexican Grill's stock is owned by a variety of retail and institutional investors. Top institutional investors include Artisan Partners Limited Partnership (1.86%), FMR LLC (1.64%), American Century Companies Inc. (1.46%), Wellington Management Group LLP (1.45%), Morgan Stanley (1.27%) and Northern Trust Corp (1.03%). Insiders that own company stock include Albert S Baldocchi , Brian R Niccol, Brian R Niccol , Christopher W Brandt , Curtis E Garner, Curtis E Garner , Jack Hartung , John J Scelfo, Laurie Schalow , Marissa Andrada , Matt Carey , Neil Flanzraich , Patricia Filikrushel , Pershing Square Capital Manage, Robin S Hickenlooper , Roger E Theodoredis and Scott Boatwright . 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Does Chipotle Mexican Grill have any subsidiaries?

The following companies are subsidiares of Chipotle Mexican Grill: CMG Concessions LLC, CMG Pepper LLC, CMG Strategy Co. LLC, CMG of Prince Georges LLC, CMGGC LLC, 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 Texas Holdings LLC, Chipotle Mexican Grill U.S. Finance Co. LLC, Chipotle Mexican Grill UK Limited, Chipotle Mexican Grill of Berwyn Heights LLC, Chipotle Mexican Grill of Colorado LLC, Chipotle Mexican Grill of Kansas LLC, Chipotle Mexican Grill of Maryland LLC, Chipotle Services LLC, Chipotle Texas LLC, EMEA Tortilla Ltd., N793WF Lease LLC, PL Restaurant Holdings LLC, and PL Restaurant LLC. Read More

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

$2,226.25

+7.05 (+0.32%)

(As of 12/5/2023 ET)

Compare

Today's Range: $2,219.00
▼
$2,236.48
50-Day Range: $1,781.48
▼
$2,233.83
52-Week Range: $1,344.05
▼
$2,243.89

Volume: 113,564 shs
Average Volume: 273,603 shs
Market Capitalization: $61.10 billion

P/E Ratio: 52.80
Dividend Yield: N/A
Price Target: $2,167.81

Chipotle Mexican Grill MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.76 Rating Score
Upside/Downside: 2.6% Downside
$2,167.81 Price Target
Short Interest: Healthy
2.91% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.96
Upright™ Environmental Score
News Sentiment: 0.72
Based on 28 Articles This Week
Insider Trading: Selling Shares
$9.41 M Sold Last Quarter
Proj. Earnings Growth: 18.94%
From $44.04 to $52.38 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.28 out of 5 stars

Retail/Wholesale Sector

82nd out of 179 stocks

Eating Places Industry

22nd out of 37 stocks

2.4

Analyst's Opinion

Consensus Rating
Chipotle Mexican Grill has received a consensus rating of Moderate Buy. The company's average rating score is 2.76, and is based on 19 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2,167.81, Chipotle Mexican Grill has a forecasted downside of 2.6% from its current price of $2,226.25.
Amount of Analyst Coverage
Chipotle Mexican Grill has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
2.91% of the float of Chipotle Mexican Grill has been sold short.
Short Interest Ratio / Days to Cover
Chipotle Mexican Grill has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Chipotle Mexican Grill has recently increased by 25.36%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Chipotle Mexican Grill does not currently pay a dividend.
Dividend Growth
Chipotle Mexican Grill does not have a long track record of dividend growth.

2.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Chipotle Mexican Grill has received a -2.22% net impact score from Upright. The largest negative impact of Chipotle Mexican Grill in category "Physical diseases" seems to be driven mostly by its "Tortilla chips", "Sugar-sweetened soft drinks", and "Vodka-based premixed drinks" products. See details.
Environmental Sustainability
The Environmental Impact score for Chipotle Mexican Grill is -1.96.

3.2

News and Social Media Coverage

News Sentiment
Chipotle Mexican Grill has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.35 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 28 news articles for Chipotle Mexican Grill this week, compared to 13 articles on an average week.
Search Interest
24 people have searched for CMG on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.
MarketBeat Follows
Only 10 people have added Chipotle Mexican Grill to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Chipotle Mexican Grill insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,405,538.00 in company stock.
Percentage Held by Insiders
Only 0.96% of the stock of Chipotle Mexican Grill is held by insiders.
Percentage Held by Institutions
91.19% of the stock of Chipotle Mexican Grill is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Chipotle Mexican Grill are expected to grow by 18.94% in the coming year, from $44.04 to $52.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Chipotle Mexican Grill is 52.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of Chipotle Mexican Grill is 52.80, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 26.07.
Price to Earnings Growth Ratio
Chipotle Mexican Grill has a PEG Ratio of 1.95. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Chipotle Mexican Grill has a P/B Ratio of 26.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Chipotle Mexican Grill Stock (NYSE:CMG)

Chipotle Mexican Grill, Inc., together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It offers burritos, burrito bowls, quesadillas, tacos, and salads. The company was founded in 1993 and is headquartered in Newport Beach, California.

CMG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

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