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S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Closing prices for crude oil, gold and other commodities
Abbott Laboratories Outlook is Healthy: Buy the Dip
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom

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

$2,900.71
-41.62 (-1.41%)
(As of 04/17/2024 ET)
Today's Range
$2,893.50
$2,953.00
50-Day Range
$2,569.48
$2,990.69
52-Week Range
$1,768.64
$3,023.98
Volume
177,179 shs
Average Volume
231,580 shs
Market Capitalization
$79.54 billion
P/E Ratio
65.40
Dividend Yield
N/A
Price Target
$2,719.86

Chipotle Mexican Grill MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
6.2% Downside
$2,719.86 Price Target
Short Interest
Healthy
2.78% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.96
Upright™ Environmental Score
News Sentiment
0.67mentions of Chipotle Mexican Grill in the last 14 days
Based on 35 Articles This Week
Insider Trading
Selling Shares
$18.32 M Sold Last Quarter
Proj. Earnings Growth
21.64%
From $53.38 to $64.93 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.

4.00 out of 5 stars

Retail/Wholesale Sector

64th out of 194 stocks

Eating Places Industry

13th 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

CMG Stock News Headlines

4 Overbought Household Names, Time for a Pullback? (CMG)
GE, CMG, FDX, and GPS are among the most overbought stocks in the U.S. market, hinting at potential pullback tendencies as investors may seek to secure profits.
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Amidst the ongoing surge led by the semiconductor sector, the Artificial Intelligence revolution, and  Nvidia Corp. NASDAQ: NVDA, which is steering the S&P 500 to new heights, several overbought scenarios have developed in individual stocks. These scenarios may have sparked investor concerns over potential overvaluations, resulting in pullbacks and corrections in select stocks.
Biden out June 13; Kamala won’t replace him?
On November 16, 2023… Joe Biden accidentally revealed the name of the candidate… Who will replace him in the 2024 presidential election.
MarketBeat Week in Review – 3/18 – 3/22 (CMG)
Investors took a breather after the Fed-induced rally and before a shortened trading week that will include plenty of economic reports that could move markets
Chipotle Stock Shoots Higher, Announcing 50 for 1 Stock Split
Shares of Chipotle Mexican Grill Inc. NYSE: CMG shot up nearly 6% in after-hours and pre-market trading after the company announced that its Board of Directors had approved a 50-for-1 stock split. The split must still receive shareholder approval.
Chipotle Stock Shoots Higher, Announcing 50 for 1 Stock Split
Chipotle stock is approaching a new record high after announcing a 50-for-1 stock split which will make CMG shares more accessible for retail investors
This Sector Ready to Outshine Key Rival, Says New Report
That's despite a one-month outperformance of the Consumer Staples Select Sector SPDR Fund NYSEARCA: XLP relative to the Consumer Discretionary Select Sector SPDR Fund NYSEARCA: XLY.
Biden out June 13; Kamala won’t replace him?
On November 16, 2023… Joe Biden accidentally revealed the name of the candidate… Who will replace him in the 2024 presidential election.
This Sector Ready to Outshine Key Rival, Says New Report (CMG)
Consumer discretionary stocks are likely to outpace consumer staples, says Bank of America. Consumers' resilience and greater automation are driving growth.
Chipotle: Buy, Sell, or Hold?
Chipotle Mexican Grill (NYSE:CMG) Trading Down 0.5%
Chipotle Mexican Grill (NYSE:CMG) PT Raised to $3,400.00
See More Headlines
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Company Calendar

Last Earnings
2/06/2024
Today
4/18/2024
Next Earnings (Confirmed)
4/24/2024
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
$2,719.86
High Stock Price Target
$3,400.00
Low Stock Price Target
$1,750.00
Potential Upside/Downside
-6.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
27 Analysts

Profitability

Net Income
$1.23 billion
Pretax Margin
16.42%

Debt

Sales & Book Value

Annual Sales
$9.87 billion
Cash Flow
$56.24 per share
Book Value
$111.58 per share

Miscellaneous

Free Float
27,158,000
Market Cap
$79.54 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?

27 Wall Street 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 17 buy ratings for the stock. The consensus among Wall Street 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?

27 analysts have issued 12 month price targets for Chipotle Mexican Grill's shares. Their CMG share price targets range from $1,750.00 to $3,400.00. On average, they anticipate the company's stock price to reach $2,719.86 in the next twelve months. This suggests that the stock has a possible downside of 6.2%.
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 on January 1st, 2024. Since then, CMG stock has increased by 26.8% and is now trading at $2,900.71.
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 trading volume, of 222,800 shares, the short-interest ratio is presently 3.3 days. Approximately 2.7% of the shares of the stock are sold short.
View Chipotle Mexican Grill's Short Interest
.

When is Chipotle Mexican Grill's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our CMG earnings forecast
.

How can I listen to Chipotle Mexican Grill's earnings call?

Chipotle Mexican Grill will be holding an earnings conference call on Wednesday, April 24th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Chipotle Mexican Grill's earnings last quarter?

Chipotle Mexican Grill, Inc. (NYSE:CMG) announced its quarterly earnings data on Tuesday, February, 6th. The restaurant operator reported $10.36 EPS for the quarter, topping analysts' consensus estimates of $9.73 by $0.63. The restaurant operator had revenue of $2.52 billion for 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 firm's revenue was up 15.4% compared to the same quarter last year. During the same quarter last year, the company posted $8.29 earnings per share.
Read the conference call transcript
.

When did Chipotle Mexican Grill's stock split?

Chipotle Mexican Grill shares split on the morning of Wednesday, June 26th 2024. The 50-1 split was announced on Tuesday, March 19th 2024. The newly created shares will be payable to shareholders after the closing bell 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 Global Assets Advisory LLC (0.21%), Park National Corp OH (0.04%), Portman Square Capital LLP (0.00%), CHURCHILL MANAGEMENT Corp (0.03%), Artemis Investment Management LLP (0.02%) and Czech National Bank (0.02%). 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, 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.
Read More
This page (NYSE:CMG) was last updated on 4/18/2024 by MarketBeat.com Staff

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