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

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chipotle Mexican Grill in the last twelve months. There are currently 7 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CMG shares.
View CMG analyst ratings or view top-rated stocks.

25 brokers have issued 1-year price targets for Chipotle Mexican Grill's shares. Their CMG share price targets range from $1,750.00 to $2,570.00. On average, they expect the company's share price to reach $2,188.19 in the next year. This suggests that the stock has a possible downside of 4.3%.
View analysts price targets for CMG or view top-rated stocks among Wall Street analysts.

Chipotle Mexican Grill's stock was trading at $1,387.49 at the beginning of the year. Since then, CMG shares have increased by 64.8% and is now trading at $2,286.96.
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Chipotle Mexican Grill saw a decline in short interest during the month of December. As of December 15th, there was short interest totaling 704,400 shares, a decline of 9.1% from the November 30th total of 775,000 shares. Based on an average daily volume of 227,100 shares, the days-to-cover ratio is presently 3.1 days. Approximately 2.6% of the shares of the company are sold short.
View Chipotle Mexican Grill's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024.
View our CMG earnings forecast.

Chipotle Mexican Grill will be holding an earnings conference call on Tuesday, February 6th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Chipotle Mexican Grill, Inc. (NYSE:CMG) posted its quarterly earnings results on Thursday, October, 26th. The restaurant operator reported $11.36 earnings per share for the quarter, beating analysts' consensus estimates of $10.46 by $0.90. The restaurant operator earned $2.47 billion during the quarter, compared to analyst estimates of $2.47 billion. Chipotle Mexican Grill had a trailing twelve-month return on equity of 45.26% and a net margin of 12.27%. The business's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period in the prior year, the company posted $9.51 EPS.
Read the conference call transcript.

ETFs with the largest weight of Chipotle Mexican Grill (NYSE:CMG) stock in their portfolio include Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ), IQ Winslow Focused Large Cap Growth ETF (IWFG), Invesco Food & Beverage ETF (PBJ), 2ndVote Life Neutral Plus ETF (LYFE), Gabelli Growth Innovators ETF (GGRW), Invesco Leisure and Entertainment ETF (PEJ), American Century Focused Dynamic Growth ETF (FDG) and BTD Capital Fund (DIP).

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.

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).

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.
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