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

$3,066.00
+139.24 (+4.76%)
(As of 09:46 AM ET)
Today's Range
$2,952.23
$3,071.71
50-Day Range
$2,569.48
$2,990.69
52-Week Range
$1,768.64
$3,071.71
Volume
109,669 shs
Average Volume
233,303 shs
Market Capitalization
$84.07 billion
P/E Ratio
69.13
Dividend Yield
N/A
Price Target
$2,759.14

Chipotle Mexican Grill MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
5.6% Downside
$2,759.14 Price Target
Short Interest
Healthy
2.78% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.96
Upright™ Environmental Score
News Sentiment
0.57mentions of Chipotle Mexican Grill in the last 14 days
Based on 42 Articles This Week
Insider Trading
Selling Shares
$18.32 M Sold Last Quarter
Proj. Earnings Growth
21.42%
From $53.49 to $64.95 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.

3.98 out of 5 stars

Retail/Wholesale Sector

66th out of 199 stocks

Eating Places Industry

11th 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

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Company Calendar

Last Earnings
2/06/2024
Today
4/25/2024
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
$2,759.14
High Stock Price Target
$3,400.00
Low Stock Price Target
$1,750.00
Potential Upside/Downside
-5.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
28 Analysts

Profitability

Net Income
$1.23 billion
Pretax Margin
16.42%

Debt

Sales & Book Value

Annual Sales
$9.87 billion
Cash Flow
$57.70 per share
Book Value
$111.58 per share

Miscellaneous

Free Float
27,158,000
Market Cap
$80.16 billion
Optionable
Optionable
Beta
1.28

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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 has shown consistent growth in revenue and profitability over recent quarters, indicating a strong financial performance.
  • The company has a solid presence in multiple countries, diversifying its revenue streams and reducing dependency on a single market.
  • Chipotle's focus on digital innovation, including delivery services through its app and website, has positioned it well in the evolving consumer landscape.
  • Recent positive analyst ratings and recommendations for Chipotle Mexican Grill stock suggest a favorable outlook for potential investors.
  • Despite fluctuations, Chipotle's stock price has shown resilience and potential for long-term growth, making it an attractive investment option.

Cons

Investors should be bearish about investing in Chipotle Mexican Grill, Inc. for these reasons:

  • Chipotle's heavy reliance on the restaurant industry makes it vulnerable to economic downturns and shifts in consumer preferences, posing a risk to its financial stability.
  • Increased competition in the fast-casual dining sector could impact Chipotle's market share and profitability in the future.
  • Concerns about food safety and quality issues in the past have led to reputational damage for Chipotle, potentially affecting consumer trust and brand loyalty.
  • Fluctuations in commodity prices, particularly for ingredients like avocados and meat, could impact Chipotle's operating costs and profit margins.
  • Regulatory changes or legal issues related to labor practices, health regulations, or advertising could pose challenges for Chipotle's operations and financial performance.
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 Thursday, April 11, 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

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

28 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chipotle Mexican Grill in the last twelve months. There are currently 10 hold ratings and 18 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?

28 Wall Street analysts have issued 1 year price objectives for Chipotle Mexican Grill's stock. Their CMG share price targets range from $1,750.00 to $3,400.00. On average, they predict the company's share price to reach $2,759.14 in the next twelve months. This suggests that the stock has a possible downside of 5.6%.
View analysts price targets for CMG
or view top-rated stocks among Wall Street analysts.

How have CMG shares performed in 2024?

Chipotle Mexican Grill's stock was trading at $2,286.96 at the beginning of the year. Since then, CMG stock has increased by 27.8% and is now trading at $2,923.32.
View the best growth stocks for 2024 here
.

Are investors shorting Chipotle Mexican Grill?

Chipotle Mexican Grill saw a increase in short interest in March. As of March 15th, there was short interest totaling 733,100 shares, an increase of 7.3% from the February 29th total of 683,300 shares. Based on an average daily volume of 222,800 shares, the short-interest ratio is currently 3.3 days. Approximately 2.7% of the company's stock are short sold.
View Chipotle Mexican Grill's Short Interest
.

How were Chipotle Mexican Grill's earnings last quarter?

Chipotle Mexican Grill, Inc. (NYSE:CMG) issued its quarterly earnings data on Tuesday, February, 6th. The restaurant operator reported $10.36 earnings per share for the quarter, topping analysts' consensus estimates of $9.73 by $0.63. The restaurant operator earned $2.52 billion during the quarter, compared to analysts' expectations of $2.49 billion. Chipotle Mexican Grill had a net margin of 12.45% and a trailing twelve-month return on equity of 44.41%. The company's quarterly revenue was up 15.4% on a year-over-year basis. During the same period last year, the firm earned $8.29 earnings per share.
Read the conference call transcript
.

When did Chipotle Mexican Grill's stock split?

Chipotle Mexican Grill's stock split before market open on Wednesday, June 26th 2024. The 50-1 split was announced on Tuesday, March 19th 2024. The newly minted shares will be payable to shareholders after the market closes 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.

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 Xtrackers California Municipal Bond ETF (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 institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.27%), Sumitomo Mitsui Trust Holdings Inc. (0.26%), Global Assets Advisory LLC (0.21%), Assenagon Asset Management S.A. (0.15%), Summit Financial LLC (0.11%) and Raymond James & Associates (0.10%). 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, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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.
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This page (NYSE:CMG) was last updated on 4/25/2024 by MarketBeat.com Staff

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