Telsey Advisory Group began coverage on shares of Chipotle Mexican Grill (NYSE:CMG – Free Report) in a research note released on Friday morning, MarketBeat Ratings reports. The brokerage issued an outperform rating and a $50.00 target price on the restaurant operator’s stock.
Other analysts also recently issued reports about the stock. Barclays increased their price objective on shares of Chipotle Mexican Grill from $38.00 to $44.00 and gave the company an “equal weight” rating in a research report on Wednesday. Northcoast Research downgraded shares of Chipotle Mexican Grill from a “buy” rating to a “neutral” rating in a research note on Friday, October 31st. Zacks Research raised shares of Chipotle Mexican Grill from a “strong sell” rating to a “hold” rating in a research report on Monday, December 29th. Royal Bank Of Canada decreased their price objective on shares of Chipotle Mexican Grill from $58.00 to $40.00 and set an “outperform” rating for the company in a report on Thursday, October 30th. Finally, BTIG Research lowered their price objective on Chipotle Mexican Grill from $57.00 to $45.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $50.00.
Get Our Latest Research Report on Chipotle Mexican Grill
Chipotle Mexican Grill Stock Up 2.3%
Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last released its earnings results on Wednesday, October 29th. The restaurant operator reported $0.29 EPS for the quarter, hitting the consensus estimate of $0.29. Chipotle Mexican Grill had a return on equity of 45.39% and a net margin of 13.04%.The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.06 billion. During the same period in the previous year, the company posted $0.27 earnings per share. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. On average, research analysts expect that Chipotle Mexican Grill will post 1.29 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Chipotle Mexican Grill
Hedge funds have recently added to or reduced their stakes in the stock. Operose Advisors LLC bought a new stake in shares of Chipotle Mexican Grill in the second quarter worth $25,000. Signature Resources Capital Management LLC bought a new position in Chipotle Mexican Grill in the second quarter valued at about $28,000. Lavaca Capital LLC purchased a new position in Chipotle Mexican Grill in the second quarter worth about $28,000. Activest Wealth Management grew its stake in shares of Chipotle Mexican Grill by 109.3% during the 2nd quarter. Activest Wealth Management now owns 517 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 270 shares during the period. Finally, Oliver Lagore Vanvalin Investment Group bought a new stake in shares of Chipotle Mexican Grill during the 2nd quarter valued at about $29,000. 91.30% of the stock is currently owned by hedge funds and other institutional investors.
Chipotle Mexican Grill News Summary
Here are the key news stories impacting Chipotle Mexican Grill this week:
- Positive Sentiment: Telsey Advisory Group initiated coverage with an Outperform rating and a $50 price target — a fresh analyst endorsement that signals confidence in Chipotle’s growth story and likely helped buying interest. Telsey Initiation
- Positive Sentiment: Truist raised its price target to $50 and kept a Buy view, another firm pushing upside expectations that supports the rally. Truist PT Raise
- Positive Sentiment: Analysts are highlighting Chipotle’s strong earnings‑surprise history and the company’s setup to beat again, which bolsters confidence ahead of future reports. Zacks Earnings Beat Thesis
- Positive Sentiment: Product strategy: Chipotle’s push of higher‑protein menu options aimed at GLP‑1 users is being viewed by analysts as a demand catalyst and potential market share win among health‑focused consumers. Benzinga High‑Protein Push
- Positive Sentiment: Barclays and other brokers are publicly forecasting upside, adding to the positive analyst tone supporting the stock. Barclays Note
- Neutral Sentiment: Bernstein reiterated an Outperform rating but cut its price target to $40 — a mixed signal that keeps medium‑term conviction but reduces near‑term upside. Bernstein Note
- Neutral Sentiment: Mizuho nudged its target to $38 with a Neutral rating, reflecting more cautious positioning by some sell‑side desks amid recent gains. Mizuho Note
- Negative Sentiment: Valuation and momentum concerns: several pieces question whether the recent rebound has stretched pricing relative to fundamentals (P/E near decade lows versus past but still elevated vs. peers) — this commentary can cap upside and prompt profit‑taking. Yahoo: Pricing Stretched?
- Negative Sentiment: Macro/consumer risk: opinion pieces label Chipotle as a possible “value trap” if same‑store sales weakness persists; new federal nutrition guidelines also introduce uncertainty about dining‑out behavior. Fool: Value Trap Analysis CNBC: Nutrition Guidelines
Chipotle Mexican Grill Company Profile
Chipotle Mexican Grill is a fast-casual restaurant company known for its Mexican-inspired menu of burritos, bowls, tacos and salads. Founded in 1993 by Steve Ells, the chain emphasizes fresh, customizable meals made from a limited menu of core ingredients and a focus on ingredient quality. Chipotle operates primarily company-owned restaurants and offers dine-in, takeout, catering and delivery through its own digital platforms and third-party partners.
The company is headquartered in Newport Beach, California, and traces its roots to Denver, Colorado.
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