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Chipotle Mexican Grill, Inc. (CMG)
| Previous close | 2,926.76 |
| Open | 3,012.00 |
| Bid | 3,098.96 x 900 |
| Ask | 3,106.54 x 1200 |
| Day's range | 2,952.23 - 3,110.27 |
| 52-week range | 1,768.64 - 3,110.27 |
| Volume | |
| Avg. volume | 247,437 |
| Market cap | 85.418B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 70.37 |
| EPS (TTM) | 44.19 |
| Earnings date | 24 Jul 2024 - 29 Jul 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 3,011.43 |
- Yahoo Finance Video
Chipotle Q1 earnings: Three biggest takeaways for consumers
Chipotle Mexican Grill (CMG) delivered a robust first-quarter earnings report, beating analyst expectations on both the top and bottom lines. Yahoo Finance Reporter Brooke DiPalma joins Wealth! to discuss the top three key takeaways that consumers should be aware of following the company's results. Yahoo Finance also spoke to Chipotle CFO Jack Hartung earlier this morning on the restaurant's earnings figures. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
- Yahoo Finance Video
Chipotle earnings: Limited-time offerings boost results
Shares of Chipotle Mexican Grill (CMG) are soaring after the company reported better-than-expected first quarter earnings. The restaurant chain posted revenue of $2.7 billion, in line with expectations of $2.67 billion. Additionally, adjusted earnings per share (EPS) came in at $13.37, outperforming analysts' projections of $11.66. Same-store sales grew 7%, better than the 5.13% estimate. Placer.ai Head of Analytical Research R.J. Hottovy joins Market Domination Overtime to discuss the results. Hottovy attributes the company's strong performance to factors such as product innovation, robust traffic, and operating margin improvements throughout the quarter. He notes that this top-line revenue trend could continue into the second quarter, stating, "not every restaurant operator can say that in this environment." Hottovy also highlights Chipotle's efficient system, which resonates well with consumers. He points out that even when lines are long at Chipotle, customers are willing to wait "because they know they can get through that quickly," a characteristic that is not sector-wide. Lastly, Hottovy emphasizes that Chipotle — from a valuation perspective— still has ample growth opportunities, "particularly in smaller markets." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
ZacksWall Street Analysts Think Chipotle (CMG) Is a Good Investment: Is It?
Based on the average brokerage recommendation (ABR), Chipotle (CMG) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
