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 stock repurchase program on Sunday, April 9th 2017, which permits the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 0.8% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its shares are undervalued.

Chipotle Mexican Grill, Inc. (NYSE:CMG) posted its quarterly earnings data on Tuesday, October, 25th. The company reported $0.27 EPS for the quarter, missing the Zacks' consensus estimate of $1.59 by $1.32. The company earned $1.04 billion during the quarter, compared to the consensus estimate of $13.71 million. Chipotle Mexican Grill had a return on equity of 7.72% and a net margin of 2.31%. The business's revenue for the quarter was down 14.8% on a year-over-year basis. During the same period last year, the company posted $4.59 earnings per share. View Chipotle Mexican Grill's Earnings History.

Chipotle Mexican Grill is scheduled to release their next quarterly earnings announcement on Tuesday, July, 25th 2017. View Earnings Estimates for Chipotle Mexican Grill.

35 brokerages have issued 1-year target prices for Chipotle Mexican Grill's shares. Their forecasts range from $215.00 to $564.00. On average, they expect Chipotle Mexican Grill's share price to reach $419.27 in the next year. View Analyst Ratings for Chipotle Mexican Grill.

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

• 1. Maxim Group analysts commented, "We upgrade shares of Chipotle Mexican Grill (CMG) to Buy, from Hold and increase our price target to $470, from $440 ahead of the release of 2Q17 (June) earnings on Tuesday, July 25." (7/18/2017)
• 2. According to Zacks Investment Research, "Chipotle shares have underperformed the Zacks classified Retail–Restaurants industry in the last year. It has a mixed record of earnings surprises in recent quarters and estimates have gone down ahead of its Q2 earnings release. Throughout 2016, Chipotle’s results were affected by negative publicity linked with food-borne illnesses. Though the company is on the road to recovery, it will take time to fully restore its economic model and customers’ trust and consequently build sales. Marketing initiatives, improvements in customer experience and superior digital ordering channels should aid in bringing back customers. Adoption of new food safety protocols and changes in the board is likely to reap results in the long run. Yet, Chipotle’s CEO seems anxious about reaching the earlier announced guidance for 2017, which raises concern. Also, higher costs could hurt margins while a soft industry backdrop might limit sales growth." (7/12/2017)
• 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)
• 5. Royal Bank Of Canada 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)

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, Chief Restaurant Officer
• Neil W. Flanzraich, Lead Independent Director
• Albert S. Baldocchi, Independent Director
• Paul T. Cappuccio, Independent Director
• Robin S. Hickenlooper, Independent Director
• Kimbal Musk, Independent Director

Chipotle Mexican Grill's stock is owned by many different of institutional and retail investors. Top institutional investors include APG Asset Management N.V. (0.97%), Russell Investments Group Ltd. (0.54%), National Pension Service (0.11%), Bank of Montreal Can (0.11%), Windward Capital Management Co. CA (0.11%) and Chevy Chase Trust Holdings Inc. (0.09%). 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 Sit Investment Associates Inc., Exxonmobil Investment Management Inc. TX, Heritage Investors Management Corp, Boyd Watterson Asset Management LLC OH, US Bancorp DE, Gagnon Securities LLC, Eqis Capital Management Inc. and Capstone Asset Management Co.. 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 APG Asset Management N.V., Russell Investments Group Ltd., Centre Asset Management LLC, Pennsylvania Trust Co, Bank of Montreal Can, First Midwest Bank Trust Division, Mn Services Vermogensbeheer B.V. and Assenagon Asset Management S.A.. 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 $339.98.