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NYSE:CMG

Chipotle Mexican Grill - CMG Stock Forecast, Price & News

$1,672.26
-38.47 (-2.25%)
(As of 08/19/2022 12:00 AM ET)
Add
Compare
Today's Range
$1,662.41
$1,705.00
50-Day Range
$1,204.01
$1,714.68
52-Week Range
$1,196.28
$1,958.55
Volume
247,917 shs
Average Volume
288,901 shs
Market Capitalization
$46.43 billion
P/E Ratio
62.61
Dividend Yield
N/A
Price Target
$1,831.75

Chipotle Mexican Grill MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.81 Rating Score
Upside/​Downside
9.5% Upside
$1,831.75 Price Target
Short Interest
Bearish
4.28% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.96
Upright™ Environmental Score
News Sentiment
0.30mentions of Chipotle Mexican Grill in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$11.69 M Sold Last Quarter
Proj. Earnings Growth
28.83%
From $32.50 to $41.87 Per Share

Overall MarketRank

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

2.11 out of 5 stars

Retail/Wholesale Sector

155th out of 219 stocks

Eating Places Industry

35th out of 46 stocks

CMG stock logo

About Chipotle Mexican Grill (NYSE:CMG) Stock

Chipotle Mexican Grill, Inc., together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. As of February 15, 2022, it owned and operated approximately 3,000 restaurants in the United States, Canada, the United Kingdom, France, Germany, and rest of Europe. The company was founded in 1993 and is headquartered in Newport Beach, California.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. OTR Global upgraded Chipotle Mexican Grill from a "mixed" rating to a "positive" rating in a research report on Monday, June 27th. KeyCorp lowered their price objective on Chipotle Mexican Grill from $1,900.00 to $1,750.00 and set an "overweight" rating for the company in a research report on Wednesday, July 27th. Deutsche Bank Aktiengesellschaft lowered their price objective on Chipotle Mexican Grill from $1,505.00 to $1,503.00 and set a "hold" rating for the company in a research report on Wednesday, July 27th. Morgan Stanley increased their price objective on Chipotle Mexican Grill from $1,768.00 to $1,808.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 27th. Finally, Oppenheimer upped their price target on Chipotle Mexican Grill to $1,800.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 27th. Seven equities research analysts have rated the stock with a hold rating and twenty-five have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $1,831.75.

Chipotle Mexican Grill Stock Performance

Shares of CMG Stock traded down $38.47 during mid-day trading on Friday, hitting $1,672.26. 247,917 shares of the stock were exchanged, compared to its average volume of 288,901. The stock's fifty day simple moving average is $1,408.04 and its two-hundred day simple moving average is $1,447.59. The stock has a market capitalization of $46.43 billion, a price-to-earnings ratio of 64.05, a P/E/G ratio of 2.25 and a beta of 1.32. Chipotle Mexican Grill has a 12-month low of $1,196.28 and a 12-month high of $1,958.55.

Chipotle Mexican Grill (NYSE:CMG - Get Rating) last issued its quarterly earnings data on Tuesday, July 26th. The restaurant operator reported $9.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.04 by $0.26. Chipotle Mexican Grill had a return on equity of 35.14% and a net margin of 9.28%. During the same quarter last year, the business earned $7.46 EPS. On average, research analysts expect that Chipotle Mexican Grill will post 32.5 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CMO Christopher W. Brandt sold 1,532 shares of the firm's stock in a transaction dated Thursday, July 28th. The stock was sold at an average price of $1,503.96, for a total transaction of $2,304,066.72. Following the transaction, the chief marketing officer now owns 8,508 shares of the company's stock, valued at $12,795,691.68. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, CTO Curtis E. Garner sold 1,000 shares of the firm's stock in a transaction dated Thursday, June 9th. The stock was sold at an average price of $1,382.47, for a total transaction of $1,382,470.00. Following the transaction, the chief technology officer now owns 16,387 shares of the company's stock, valued at $22,654,535.89. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CMO Christopher W. Brandt sold 1,532 shares of the firm's stock in a transaction dated Thursday, July 28th. The stock was sold at an average price of $1,503.96, for a total value of $2,304,066.72. Following the transaction, the chief marketing officer now directly owns 8,508 shares in the company, valued at approximately $12,795,691.68. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 7,719 shares of company stock valued at $11,629,340. 1.00% of the stock is currently owned by insiders.

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CMG Stock News Headlines

Chipotle to pay NYC workers $20M for violating labor laws
The fast-food chain Chipotle Mexican Grill will pay $20 million to current and former workers at its New York City restaurants for violating city labor laws
Volume Surges Spark Turnarounds for These 3 Stocks
There are countless historical chart examples of high volume moves that mark the beginning of sustained rallies or slumps. Let’s tune into a few examples.
Chipotle Mexican Grill Or Shake Shak? Which Is The Tastier Play 
Shake Shack is a growing concern but Chipotle Mexican Grill is outperforming and the results are clear. Chipotle Mexican Grill is on an upswing.
McDonalds Just Confirmed Its Place As A Top Defensive Stock (CMG)
It’s not like there was much uncertainty about whether or not McDonalds (NYSE: MCD) would be an inflation and recession proof stock, but yesterday’s earnings report pretty much confirmed it.
Five (5) Stocks Under $50 With Double-Digit Upside  (CMG)
It’s easy to say “value is where you find it” with an account worth 6 figures. A single purchase of Chipotle Mexican Grill (NASDAQ: CMG) won’t tilt the meter in regard to account diversification and risk
Chipotle closes store in Maine, thwarting union efforts
Chipotle is closing a Maine store that had been leading efforts to unionize the chain
Papa John's Has a Bizarre New Menu Item
Papa John's Newest 'Pizza' is Very Different
Fast-Casual vs. Fast-Food: What's the Difference?
See More Headlines
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CMG Company Calendar

Last Earnings
7/26/2022
Today
8/19/2022
Next Earnings (Estimated)
10/20/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Eating places
Sub-Industry
Restaurants
CUSIP
16965610
Employees
97,660
Year Founded
1993

Price Target and Rating

Average Stock Price Forecast
$1,831.75
High Stock Price Forecast
$2,500.00
Low Stock Price Forecast
$1,400.00
Forecasted Upside/Downside
+9.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.81
Research Coverage
31 Analysts

Profitability

Net Income
$652.98 million
Pretax Margin
11.60%

Debt

Sales & Book Value

Annual Sales
$7.55 billion
Cash Flow
$34.13 per share
Book Value
$77.59 per share

Miscellaneous

Free Float
27,487,000
Market Cap
$46.43 billion
Optionable
Optionable
Beta
1.32

Social Links


Key Executives

  • Mr. Brian R. NiccolMr. Brian R. Niccol (Age 48)
    Chairman & CEO
    Comp: $5.88M
  • Mr. John R. Hartung (Age 65)
    Chief Financial Officer
    Comp: $2.67M
  • Mr. Curtis E. Garner IIIMr. Curtis E. Garner III (Age 52)
    Chief Technology Officer
    Comp: $2.2M
  • Mr. Christopher BrandtMr. Christopher Brandt (Age 53)
    Chief Marketing Officer
    Comp: $1.9M
  • Mr. Scott BoatwrightMr. Scott Boatwright (Age 49)
    Chief Restaurant Officer
    Comp: $1.59M
  • Mr. Ashish Kohli C.F.A. (Age 53)
    Head of Investor Relations
  • Mr. Roger E. TheodoredisMr. Roger E. Theodoredis (Age 63)
    Chief Legal Officer, Gen. Counsel & Corp. Sec.
  • Ms. Marissa AndradaMs. Marissa Andrada (Age 54)
    Chief Diversity, Inclusion & People Officer
  • Dr. James Marsden Ph.D.
    Exec. Director of Food Safety
  • Mr. Jim Slater
    Managing Director of Europe













CMG Stock - Frequently Asked Questions

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

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

What is Chipotle Mexican Grill's stock price forecast for 2022?

31 brokers have issued 1 year price targets for Chipotle Mexican Grill's shares. Their CMG share price forecasts range from $1,400.00 to $2,500.00. On average, they anticipate the company's stock price to reach $1,831.75 in the next twelve months. This suggests a possible upside of 9.5% from the stock's current price.
View analysts price targets for CMG
or view top-rated stocks among Wall Street analysts.

How have CMG shares performed in 2022?

Chipotle Mexican Grill's stock was trading at $1,748.25 at the beginning of the year. Since then, CMG stock has decreased by 4.3% and is now trading at $1,672.26.
View the best growth stocks for 2022 here
.

When is Chipotle Mexican Grill's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 20th 2022.
View our CMG earnings forecast
.

How were Chipotle Mexican Grill's earnings last quarter?

Chipotle Mexican Grill, Inc. (NYSE:CMG) released its quarterly earnings data on Tuesday, July, 26th. The restaurant operator reported $9.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.04 by $0.26. Chipotle Mexican Grill had a net margin of 9.28% and a trailing twelve-month return on equity of 35.14%. During the same period in the previous year, the firm posted $7.46 earnings per share.
Read the conference call transcript
.

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).

What is Chipotle Mexican Grill's stock symbol?

Chipotle Mexican Grill trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMG."

Who are Chipotle Mexican Grill's major shareholders?

Chipotle Mexican Grill's stock is owned by many different retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (9.75%), State Street Corp (3.79%), FMR LLC (2.19%), Jennison Associates LLC (1.94%), Citadel Advisors LLC (0.00%) and Artisan Partners Limited Partnership (1.64%). 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, Matthew H Paull, Neil Flanzraich, 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.

What is Chipotle Mexican Grill's stock price today?

One share of CMG stock can currently be purchased for approximately $1,672.26.

How much money does Chipotle Mexican Grill make?

Chipotle Mexican Grill (NYSE:CMG) has a market capitalization of $46.43 billion and generates $7.55 billion in revenue each year. The restaurant operator earns $652.98 million in net income (profit) each year or $26.71 on an earnings per share basis.

How many employees does Chipotle Mexican Grill have?

The company employs 97,660 workers across the globe.

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
When was Chipotle Mexican Grill founded?

Chipotle Mexican Grill was founded in 1993.

How can I contact Chipotle Mexican Grill?

Chipotle Mexican Grill's mailing address is 610 Newport Center Drive Suite 1300, Newport Beach CA, 92660. The official website for the company is www.chipotle.com. The restaurant operator can be reached via phone at (949) 524-4000, via email at ir@chipotle.com, or via fax at 302-674-5266.

This page (NYSE:CMG) was last updated on 8/19/2022 by MarketBeat.com Staff

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