Chipotle Mexican Grill (NYSE:CMG – Free Report) had its worth goal lifted by Truist Monetary from $69.00 to $71.00 in a analysis report report revealed on Tuesday, Benzinga reviews. The brokerage at present has a purchase score on the restaurant operator’s inventory.
A variety of different equities analysts have additionally issued reviews on CMG. Raymond James diminished their worth goal on shares of Chipotle Mexican Grill from $70.00 to $62.50 and set an “outperform” score for the corporate in a analysis report on Thursday, July twenty fifth. TD Cowen reaffirmed a “purchase” score and set a $65.00 worth goal on shares of Chipotle Mexican Grill in a analysis report on Thursday, September twelfth. KeyCorp decreased their worth goal on Chipotle Mexican Grill from $68.00 to $66.00 and set an “chubby” score for the corporate in a report on Thursday, July twenty fifth. The Goldman Sachs Group dropped their goal worth on Chipotle Mexican Grill from $74.60 to $67.00 and set a “purchase” score on the inventory in a report on Thursday, July twenty fifth. Lastly, Citigroup boosted their worth goal on Chipotle Mexican Grill from $69.00 to $71.00 and gave the corporate a “purchase” score in a report on Wednesday, October 2nd. Ten funding analysts have rated the inventory with a maintain score and eighteen have issued a purchase score to the corporate’s inventory. Based mostly on knowledge from MarketBeat.com, Chipotle Mexican Grill presently has a consensus score of “Average Purchase” and a mean goal worth of $63.03.
Learn Our Newest Evaluation on CMG
Chipotle Mexican Grill Inventory Up 0.9 %
CMG opened at $59.39 on Tuesday. The corporate has a market cap of $81.56 billion, a P/E ratio of 63.18, a price-to-earnings-growth ratio of two.41 and a beta of 1.25. The agency’s 50-day transferring common worth is $56.13 and its 200-day transferring common worth is $81.12. Chipotle Mexican Grill has a 52-week low of $35.97 and a 52-week excessive of $69.26.
Chipotle Mexican Grill (NYSE:CMG – Get Free Report) final issued its quarterly earnings outcomes on Wednesday, July twenty fourth. The restaurant operator reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.02. Chipotle Mexican Grill had a return on fairness of 44.01% and a web margin of 13.23%. The corporate had income of $2.97 billion through the quarter, in comparison with analysts’ expectations of $2.94 billion. Throughout the identical quarter within the earlier 12 months, the agency posted $12.65 EPS. The agency’s income was up 18.2% in comparison with the identical quarter final 12 months. On common, analysis analysts anticipate that Chipotle Mexican Grill will put up 1.08 EPS for the present fiscal 12 months.
Insider Exercise at Chipotle Mexican Grill
In different information, insider Curtis E. Garner offered 17,394 shares of the inventory in a transaction dated Tuesday, August sixth. The shares had been offered at a mean worth of $54.68, for a complete worth of $951,103.92. Following the completion of the sale, the insider now straight owns 358,300 shares within the firm, valued at $19,591,844. This represents a 0.00 % lower of their possession of the inventory. The sale was disclosed in a submitting with the Securities & Trade Fee, which is on the market at this hyperlink. In different information, insider Curtis E. Garner offered 17,394 shares of the corporate’s inventory in a transaction that occurred on Tuesday, August sixth. The inventory was offered at a mean worth of $54.68, for a complete worth of $951,103.92. Following the completion of the sale, the insider now straight owns 358,300 shares within the firm, valued at $19,591,844. This represents a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a doc filed with the Securities & Trade Fee, which is on the market at this hyperlink. Additionally, insider Curtis E. Garner offered 15,750 shares of the inventory in a transaction that occurred on Wednesday, September eleventh. The shares had been offered at a mean worth of $55.02, for a complete worth of $866,565.00. Following the completion of the sale, the insider now straight owns 473,514 shares of the corporate’s inventory, valued at roughly $26,052,740.28. This represents a 0.00 % lower of their place. The disclosure for this sale will be discovered right here. Within the final ninety days, insiders offered 50,684 shares of firm inventory valued at $2,817,127. 1.02% of the inventory is owned by insiders.
Institutional Buyers Weigh In On Chipotle Mexican Grill
A variety of hedge funds have lately modified their holdings of the corporate. Resonant Capital Advisors LLC grew its place in Chipotle Mexican Grill by 4.9% within the third quarter. Resonant Capital Advisors LLC now owns 4,983 shares of the restaurant operator’s inventory value $287,000 after buying an extra 233 shares through the interval. Verde Capital Administration lifted its stake in Chipotle Mexican Grill by 9.5% through the third quarter. Verde Capital Administration now owns 25,586 shares of the restaurant operator’s inventory value $1,474,000 after buying an extra 2,216 shares within the final quarter. Commonwealth Fairness Providers LLC boosted its holdings in Chipotle Mexican Grill by 4.3% through the third quarter. Commonwealth Fairness Providers LLC now owns 653,654 shares of the restaurant operator’s inventory valued at $37,664,000 after buying an extra 27,152 shares through the interval. Raymond James & Associates boosted its holdings in Chipotle Mexican Grill by 94.3% through the third quarter. Raymond James & Associates now owns 2,969,776 shares of the restaurant operator’s inventory valued at $171,118,000 after buying an extra 1,441,172 shares through the interval. Lastly, Capital Funding Advisors LLC grew its place in Chipotle Mexican Grill by 24.2% within the third quarter. Capital Funding Advisors LLC now owns 10,143 shares of the restaurant operator’s inventory valued at $584,000 after buying an extra 1,977 shares within the final quarter. Hedge funds and different institutional traders personal 91.31% of the corporate’s inventory.
Chipotle Mexican Grill Firm Profile
Chipotle Mexican Grill, Inc, along with its subsidiaries, owns and operates Chipotle Mexican Grill eating places. It sells meals and drinks via providing burritos, burrito bowls, quesadillas, tacos, and salads. The corporate additionally gives supply and associated providers its app and web site. It has operations in the US, Canada, France, Germany, and the UK.
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