About Chipotle Mexican Grill (NYSE:CMG)
Chipotle Mexican Grill, Inc. (Chipotle), together with its subsidiaries, operates Chipotle Mexican Grill restaurants. The Company's Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. As of December 31, 2016, the Company managed its operations and restaurants based on 11 regions. As of December 31, 2016, the Company operated 2,198 Chipotle restaurants throughout the United States, as well as 29 international Chipotle restaurants, and it also had 23 restaurants in operation in other non-Chipotle concepts. As of December 31, 2016, 29 of its restaurants were located outside of the United States, with 17 in Canada, six in the United Kingdom, five in France and one in Frankfurt, Germany. The Company sells gift cards, which do not have an expiration date. The Company categorizes its restaurants as end-caps (at the end of a line of retail outlets), in-lines (in a line of retail outlets), free-standing or other.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Quick Service Restaurants
- Sub-Industry: Restaurants
- Symbol: NYSE:CMG
- CUSIP: 16965610
- Web: www.chipotle.com
- Market Cap: $9.26 billion
- Outstanding Shares: 28,511,000
- 50 Day Moving Avg: $312.87
- 200 Day Moving Avg: $390.81
- 52 Week Range: $295.11 - $499.00
Sales & Book Value:
- Trailing P/E Ratio: 69.81
- Foreward P/E Ratio: 31.26
- P/E Growth: 2.95
- Annual Revenue: $4.31 billion
- Price / Sales: 2.15
- Book Value: $50.73 per share
- Price / Book: 6.40
- EBITDA: $397.78 million
- Net Margins: 3.17%
- Return on Equity: 10.65%
- Return on Assets: 7.38%
- Current Ratio: 2.48%
- Quick Ratio: 2.41%
- Average Volume: 1.34 million shs.
- Beta: 0.6
- Short Ratio: 5.48
Frequently Asked Questions for Chipotle Mexican Grill (NYSE:CMG)
What is Chipotle Mexican Grill's stock symbol?
Chipotle Mexican Grill trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMG."
How will Chipotle Mexican Grill's stock buyback program work?
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.
How were Chipotle Mexican Grill's earnings last quarter?
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.
When will Chipotle Mexican Grill make its next earnings announcement?
Where is Chipotle Mexican Grill's stock going? Where will Chipotle Mexican Grill's stock price be in 2017?
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.
What are analysts saying about Chipotle Mexican Grill stock?
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)
Who are some of Chipotle Mexican Grill's key competitors?
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).
Who are Chipotle Mexican Grill's key executives?
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
Who owns Chipotle Mexican Grill stock?
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.
Who sold Chipotle Mexican Grill stock? Who is selling Chipotle Mexican Grill stock?
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.
Who bought Chipotle Mexican Grill stock? Who is buying Chipotle Mexican Grill stock?
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.
How do I buy Chipotle Mexican Grill stock?
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.
What is Chipotle Mexican Grill's stock price today?
MarketBeat Community Rating for Chipotle Mexican Grill (NYSE CMG)MarketBeat's community ratings are surveys of what our community members think about Chipotle Mexican Grill and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Chipotle Mexican Grill stock can currently be purchased for approximately $324.76.
Consensus Ratings for Chipotle Mexican Grill (NYSE:CMG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||5 Sell Ratings, 21 Hold Ratings, 9 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.11)|
|Consensus Price Target: ||$371.70 (14.45% upside)|Consensus Price Target History for Chipotle Mexican Grill (NYSE:CMG)
Analysts' Ratings History for Chipotle Mexican Grill (NYSE:CMG)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/20/2017||Royal Bank Of Canada||Lower Price Target||Sector Perform||$440.00 -> $330.00||N/A|
|10/19/2017||SunTrust Banks, Inc.||Set Price Target||Buy||$390.00||N/A|
|10/19/2017||Nomura||Lower Price Target||Neutral||$338.00||N/A|
|10/19/2017||Maxim Group||Lower Price Target||Buy -> Buy||$435.00 -> $420.00||N/A|
|10/18/2017||Barclays PLC||Lower Price Target||Equal Weight||$370.00 -> $325.00||N/A|
|10/18/2017||Deutsche Bank AG||Set Price Target||Sell||$250.00||N/A|
|10/18/2017||Bank of America Corporation||Downgrade||Neutral -> Underperform||$390.00 -> $285.00||N/A|
|10/13/2017||Wells Fargo & Company||Reiterated Rating||Hold||N/A|
|10/11/2017||Piper Jaffray Companies||Set Price Target||Buy||$510.00||N/A|
|10/11/2017||Wedbush||Reiterated Rating||Neutral||$350.00 -> $290.00||N/A|
|10/3/2017||BTIG Research||Reiterated Rating||Neutral||Low|
|10/3/2017||Jefferies Group LLC||Reiterated Rating||Hold||$350.00||Low|
|10/3/2017||Robert W. Baird||Reiterated Rating||Hold||$385.00 -> $340.00||Low|
|10/2/2017||Stifel Nicolaus||Initiated Coverage||Hold -> Hold||$345.00||Low|
|10/2/2017||Cowen and Company||Reiterated Rating||Underperform||$250.00||Low|
|9/27/2017||BMO Capital Markets||Reiterated Rating||Market Perform||$350.00 -> $330.00||Medium|
|9/20/2017||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Neutral||$360.00||High|
|8/25/2017||Credit Suisse Group||Reiterated Rating||Neutral||$335.00 -> $320.00||Low|
|8/25/2017||Standpoint Research||Upgrade||Underperform -> Hold||Low|
|8/24/2017||William Blair||Reiterated Rating||Buy||Low|
|8/24/2017||Stephens||Upgrade||Underweight -> Equal Weight||$350.00 -> $325.00||Low|
|7/26/2017||Morgan Stanley||Reiterated Rating||Equal Weight||$445.00 -> $380.00||High|
|7/26/2017||J P Morgan Chase & Co||Reiterated Rating||Neutral||$390.00 -> $380.00||Low|
|7/26/2017||Telsey Advisory Group||Reiterated Rating||Outperform||$440.00 -> $420.00||Low|
|7/25/2017||Sanford C. Bernstein||Reiterated Rating||Outperform||$564.00||Low|
|7/22/2017||Tigress Financial||Reiterated Rating||Neutral||Medium|
|7/22/2017||Instinet||Reiterated Rating||Neutral||$480.00 -> $385.00||Medium|
|7/21/2017||Raymond James Financial, Inc.||Reiterated Rating||Underperform||$392.00||Medium|
|7/21/2017||Canaccord Genuity||Lower Price Target||Hold||$440.00 -> $400.00||High|
|7/21/2017||Argus||Downgrade||Buy -> Hold||$352.96 -> $365.05||High|
|7/12/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Market Perform||Low|
|4/25/2017||Buckingham Research||Reiterated Rating||Buy||$547.00||Low|
|12/15/2016||Guggenheim||Downgrade||Hold -> Sell||$315.00||N/A|
|9/13/2016||Citigroup Inc.||Boost Price Target||Buy||$488.00 -> $517.00||N/A|
|5/26/2016||Cleveland Research||Downgrade||Buy -> Neutral||N/A|
|4/27/2016||Sterne Agee CRT||Reiterated Rating||Neutral||$500.00 -> $450.00||N/A|
|1/21/2016||Longbow Research||Reiterated Rating||Hold||N/A|
|12/3/2015||Wunderlich||Reiterated Rating||Hold||$660.00 -> $760.00||N/A|
Earnings History for Chipotle Mexican Grill (NYSE:CMG)Earnings History by Quarter for Chipotle Mexican Grill (NYSE CMG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/25/2017||Q2 2017||$2.16||$2.32||$1.19 billion||$1.17 billion||View||N/A|
|4/25/2017||Q1 2017||$1.28||$1.60||$1.05 billion||$1.07 billion||View||N/A|
|2/2/2017||Q416||$0.54||$0.55||$1.05 billion||$1.03 billion||View||Listen|
|10/25/2016||Q316||$1.59||$0.27||$13.71 million||$1.04 billion||View||Listen|
|7/21/2016||Q216||$0.93||$0.87||$1.06 billion||$998.40 million||View||Listen|
|4/26/2016||Q116||($0.95)||($0.88)||$876.83 million||$834.50 million||View||Listen|
|2/2/2016||Q415||$1.85||$2.17||$1.05 billion||$997.50 million||View||Listen|
|10/20/2015||Q315||$4.64||$4.59||$1.22 billion||$1.20 billion||View||Listen|
|7/21/2015||Q215||$4.44||$4.45||$1.22 billion||$1.20 billion||View||Listen|
|4/21/2015||Q115||$3.61||$3.88||$1.10 billion||$1.09 billion||View||Listen|
|2/3/2015||Q414||$3.79||$3.84||$1.07 billion||$1.07 billion||View||Listen|
|10/20/2014||Q314||$3.84||$4.15||$1.06 billion||$1.08 billion||View||Listen|
|7/21/2014||Q214||$3.05||$3.50||$988.13 million||$1.05 billion||View||N/A|
|4/17/2014||Q114||$2.84||$2.64||$873.44 million||$904.20 million||View||Listen|
|1/30/2014||Q413||$2.53||$2.53||$826.24 million||$844.10 million||View||Listen|
|10/17/2013||Q313||$2.77||$2.66||$820.28 million||$826.90 million||View||Listen|
|7/18/2013||Q2 2013||$2.81||$2.82||$802.80 million||$816.80 million||View||Listen|
|4/18/2013||Q1 2013||$2.14||$2.45||$724.77 million||$726.80 million||View||Listen|
|2/5/2013||Q4 2012||$1.96||$1.95||$698.86 million||$699.20 million||View||N/A|
Earnings Estimates for Chipotle Mexican Grill (NYSE:CMG)
2017 EPS Consensus Estimate: $6.99
2018 EPS Consensus Estimate: $10.42
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Chipotle Mexican Grill (NYSE:CMG)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Chipotle Mexican Grill (NYSE:CMG)
Insider Ownership Percentage: 2.01%Insider Trades by Quarter for Chipotle Mexican Grill (NYSE:CMG)
Institutional Ownership Percentage: 90.06%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/6/2017||Matthew H Paull||Director||Buy||400||$397.71||$159,084.00|| |
|5/31/2016||Steve Ells||CEO||Sell||21,000||$440.26||$9,245,460.00|| |
|7/23/2015||Darlene J Friedman||Director||Sell||1,379||$729.22||$1,005,594.38|| |
|7/23/2015||Jack Hartung||CFO||Sell||2,465||$731.34||$1,802,753.10|| |
|7/22/2015||Jack Hartung||CFO||Sell||9,692||$716.99||$6,949,067.08|| |
|7/22/2015||Steve Ells||CEO||Sell||10,090||$692.23||$6,984,600.70|| |
|7/20/2015||Jack Hartung||CFO||Sell||4,537||$674.20||$3,058,845.40|| |
|7/20/2015||Montgomery F Moran||CEO||Sell||4,502||$676.24||$3,044,432.48|| |
|7/15/2015||Montgomery F Moran||CEO||Sell||2,197||$662.52||$1,455,556.44|| |
|7/14/2015||Jack Hartung||CFO||Sell||2,177||$660.08||$1,436,994.16|| |
|7/13/2015||Montgomery F Moran||CEO||Sell||2,146||$651.13||$1,397,324.98|| |
|5/22/2015||Steve Ells||CEO||Sell||29,425||$628.99||$18,508,030.75|| |
|5/20/2015||Steve Ells||CEO||Sell||36,025||$632.05||$22,769,601.25|| |
|5/19/2015||Steve Ells||CEO||Sell||8,211||$635.36||$5,216,940.96|| |
|5/18/2015||Steve Ells||CEO||Sell||7,103||$632.12||$4,489,948.36|| |
|5/1/2015||Mark Crumpacker||CMO||Sell||9,734||$629.78||$6,130,278.52|| |
|4/21/2015||Jack Hartung||CFO||Sell||9,194||$694.68||$6,386,887.92|| |
|4/21/2015||Steve Ells||CEO||Sell||11,583||$692.52||$8,021,459.16|| |
|3/20/2015||Jack Hartung||CFO||Sell||3,044||$686.39||$2,089,371.16|| |
|3/20/2015||Steve Ells||CEO||Sell||5,714||$685.21||$3,915,289.94|| |
|3/16/2015||Jack Hartung||CFO||Sell||3,030||$680.44||$2,061,733.20|| |
|3/16/2015||Steve Ells||CEO||Sell||5,675||$680.03||$3,859,170.25|| |
|11/3/2014||Mark Crumpacker||CMO||Sell||3,343||$638.61||$2,134,873.23|| |
|11/3/2014||Steve Ells||CEO||Sell||21,810||$642.35||$14,009,653.50|| |
|8/21/2014||Darlene J Friedman||Director||Sell||599||$680.52||$407,631.48|| |
|7/25/2014||Mark Crumpacker||CMO||Sell||4,148||$658.30||$2,730,628.40|| |
|7/24/2014||Mark Crumpacker||CMO||Sell||2,073||$658.80||$1,365,692.40|| |
|4/29/2014||Patrick Flynn||Director||Sell||1,875||$492.00||$922,500.00|| |
|4/22/2014||Jeffrey Kindler||Director||Buy||1,000||$509.58||$509,580.00|| |
|3/20/2014||Steve Ells||CEO||Sell||17,672||$600.00||$10,603,200.00|| |
|2/10/2014||Steve Ells||CEO||Sell||24,290||$549.63||$13,350,512.70|| |
|2/7/2014||Albert Baldocchi||Director||Sell||7,300||$550.87||$4,021,351.00|| |
|10/23/2013||Mark Crumpacker||CMO||Sell||3,353||$515.55||$1,728,639.15|| |
|10/21/2013||Steve Ells||CEO||Sell||35,507||$509.60||$18,094,367.20|| |
|10/14/2013||Montgomery Moran||CEO||Sell||3,830||$444.09||$1,700,864.70|| |
|10/11/2013||Jack Hartung||CFO||Sell||3,809||$438.90||$1,671,770.10|| |
|10/7/2013||Jack Hartung||CFO||Sell||3,804||$430.09||$1,636,062.36|| |
|10/7/2013||Mark Crumpacker||CMO||Sell||2,282||$429.85||$980,917.70|| |
|9/16/2013||Jack Hartung||CFO||Sell||3,779||$426.00||$1,609,854.00|| |
|9/16/2013||Steve Ells||CEO||Sell||28,349||$423.10||$11,994,461.90|| |
|9/12/2013||Jack Hartung||CFO||Sell||7,534||$418.08||$3,149,814.72|| |
|9/12/2013||Mark Crumpacker||CMO||Sell||2,642||$420.30||$1,110,432.60|| |
|8/2/2013||Steve Ells||CEO||Sell||30,369||$414.77||$12,596,150.13|| |
|7/22/2013||Mark Crumpacker||CMO||Sell||4,849||$405.23||$1,964,960.27|| |
Headline Trends for Chipotle Mexican Grill (NYSE:CMG)
Latest Headlines for Chipotle Mexican Grill (NYSE:CMG)
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Chipotle Mexican Grill (CMG) Chart for Sunday, October, 22, 2017