Chipotle Mexican Grill Company Profile (NYSE:CMG)

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

Chipotle Mexican Grill declared that its board has authorized a share buyback plan on Sunday, April 9th 2017, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 0.8% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

Chipotle Mexican Grill, Inc. (NYSE:CMG) released its quarterly earnings data on Tuesday, July, 25th. The company reported $2.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.16 by $0.16. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.19 billion. Chipotle Mexican Grill had a return on equity of 10.65% and a net margin of 3.17%. Chipotle Mexican Grill's revenue was up 17.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.87 EPS. View Chipotle Mexican Grill's Earnings History.

Chipotle Mexican Grill is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Chipotle Mexican Grill.

35 brokerages have issued 1 year price objectives for Chipotle Mexican Grill's stock. Their predictions range from $250.00 to $564.00. On average, they expect Chipotle Mexican Grill's share price to reach $371.70 in the next twelve months. View Analyst Ratings for Chipotle Mexican Grill.

Here are some recent quotes from research analysts about Chipotle Mexican Grill stock:

• 1. According to Zacks Investment Research, "Chipotle shares have underperformed the industry in the last three months. We note that throughout 2016 Chipotle’s results continued to be affected by the negative publicity related to the food-borne illnesses. Though the company is on the road to recovery, still, it will take some time to completely restore its economic model and customers’ trust and consequently build sales. A string of new food safety concerns may further thwart performance. Nevertheless, marketing initiatives combined with the ongoing improvements in the customer experience, improved digital ordering channels along with increased focus on menu innovation should aid in bringing back customers. Furthermore, adoption of new food safety protocols and changes in the board is expected to reap results in the long term. However, higher costs are expected to hurt margins, while a soft consumer spending environment in the U.S. restaurant space might limit revenue growth." (9/26/2017)
• 2. Maxim Group analysts commented, "We maintain our Buy rating and $435 price target on Chipotle Mexican Grill (CMG) as 3Q17 (September) nears an end." (9/21/2017)
• 3. Wedbush analysts commented, "We believe current valuation appropriately reflects an improving top-line trajectory, offset by limited visibility into Chipotle's nearterm margin trajectory. Checks indicate continued SSS growth momentum in Q1. Our recent checks of 5% of comp base units indicate Q1 SSS growth at least in line with 14.9% cons. Promotions (both online and mailers), fundraisers, busier lunch, improved weather, and compares versus LY's outbreak were all cited as drivers. In cases where sales were down, the primary reason now cited has returned to the pre-crisis answer of cannibalization." (3/27/2017)
• 4. 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)

Some companies that are related to Chipotle Mexican Grill include Yum China Holdings (YUMC), Domino's Pizza (DPZ), Wendy's Company (The) (WEN), Jack In The Box (JACK), Arcos Dorados Holdings (ARCO), Domino's Pizza Group PLC. (DOM), Sonic Corp. (SONC), Wingstop (WING), Red Robin Gourmet Burgers (RRGB), Del Taco Restaurants (TACO), Carrols Restaurant Group (TAST), Fogo de Chao (FOGO), Noodles & Company (NDLS), Jamba (JMBA), Papa Murphy's Holdings (FRSH), Country Syl Ckng Restaurant Chain Co Ltd (CCSC) and Popeyes Louisiana Kitchen (PLKI).

Chipotle Mexican Grill's management team includes the folowing people:

• Steve Ells, Chairman of the Board, Chief Executive Officer
• John R. Hartung, Chief Financial Officer
• Curtis Evander Garner III, Chief Digital and Information Officer
• Mark Crumpacker, Chief Marketing and Development Officer
• Scott Boatwright, Principal Operating Officer
• Laurie Schalow, Chief Communications Officer
• Neil W. Flanzraich, Lead Independent Director
• Albert S. Baldocchi, Independent Director
• Paul T. Cappuccio, Independent Director
• Robin S. Hickenlooper, Independent Director

Chipotle Mexican Grill's stock is owned by a number of of institutional and retail investors. Top institutional investors include APG Asset Management N.V. (0.46%), Windward Capital Management Co. CA (0.11%), Assenagon Asset Management S.A. (0.05%), State Treasurer State of Michigan (0.03%), Shell Asset Management Co. (0.03%) and Eqis Capital Management Inc. (0.01%). Company insiders that own Chipotle Mexican Grill stock include Matthew H Paull and Steve Ells. View Institutional Ownership Trends for Chipotle Mexican Grill.

Chipotle Mexican Grill's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., State Treasurer State of Michigan, Boyd Watterson Asset Management LLC OH, Robeco Institutional Asset Management B.V., Covenant Asset Management LLC and Windward Capital Management Co. CA. View Insider Buying and Selling for Chipotle Mexican Grill.

Chipotle Mexican Grill's stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Shell Asset Management Co., Eqis Capital Management Inc., Douglas Lane & Associates LLC, Ahrens Investment Partners LLC and LS Investment Advisors LLC. View Insider Buying and Selling for Chipotle Mexican Grill.

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.

One share of Chipotle Mexican Grill stock can currently be purchased for approximately $324.76.