|Bid||327.41 x 100|
|Ask||327.56 x 100|
|Day's range||320.70 - 328.88|
|52-week range||295.11 - 499.00|
|PE ratio (TTM)||70.68|
|Earnings date||24 Oct 2017|
|Dividend & yield||N/A (N/A)|
|1y target est||371.04|
Chipotle Mexican Grill will be holding their annual Halloween Boorito celebration on Tuesday, Oct. 31, from 3 p.m. to closing, at all Chipotle locations. Customers who show up in costume will be treated to a three-dollar burrito, bowl, salad or order of tacos.
With Chipotle Mexican Grill (CMG) set to report its third quarter financial results on Oct. 24, there is no shortage of analysts warning investors away from the stock. What is social media saying? Analysts at Cowen and Bernstein Research published reports today discussing data they culled from social media to gauge traffic trends and comparable-store sales for the fast casual Mexican food chain.
Slim Jim is one of a growing number of legacy brands that are being reworked, as food companies struggle to stay relevant.
Shares of Chipotle Mexican Grill (CMG) popped more than 2% on Friday morning after it was revealed that the company was one of several restaurants partnering with Facebook (FB) on the social media site's new food ordering service.
As of October 11, 2017, Chipotle Mexican Grill (CMG) was trading at $311.49. Analysts are expecting CMG stock to reach $375.46 in the next 12 months.
Facebook said it has partnered with restaurants including Chipotle Mexican Grill Inc, Jack in the Box Inc, Five Guys and Papa John's International Inc. The company said in a blog post that it has also signed on food ordering services such as EatStreet, Delivery.com, DoorDash and Olo. Users will have to go to the "order food" section on Facebook's "explore" menu, which will show them a list of participating restaurants in the vicinity through which they can place their order.
As of October 11, 2017, Chipotle was trading a forward PE multiple of 31.3x compared to 34.8x before its 2Q17 earnings announcement.
In 3Q17, analysts are expecting Chipotle Mexican Grill (CMG) to post adjusted EPS (earnings per share) of $1.74, which represents a 120.3% rise from $0.79 in 3Q16.
In fiscal 3Q17, analysts are expecting Chipotle Mexican Grill’s (CMG) EBIT (earnings before interest and tax) margins to rise 7.4% from 0.90% in 3Q16.
For 3Q17, analysts are expecting Chipotle Mexican Grill (CMG) to post revenues of $1.15 billion, which represents a 10.7% rise from $1.04 billion in 3Q16.
Chipotle (CMG) is scheduled to announce its 3Q17 earnings after the market closes on October 24, 2017. As of October 11, 2017, Chipotle was trading at $311.49, a fall of 10.7% from 2Q17.
Despite Chipotle's (CMG) various sales-building and strategic initiatives, a fresh round of food-safety scare and other concerns raise alarming questions on the company's comeback.
Chipotle’s comeback seems to be taking place even more slowly than expected. Wedbush analyst Nick Setyan thinks sales at established Chipotle locations actually shrunk in the most recent quarter, despite the company’s efforts to recover after a food-safety scandal. Wedbush checked on activity at Chipotle restaurants and found it underwhelming.
Piper Jaffray's Erinn Murphy and her team take a look at teen eating habits after the firm's Fall 2017 Teen Survey, writing that Starbucks (SBUX) is still their favorite. Murphy writes that Starbucks maintained its top position as the most preferred brand overall, with 11% for upper income teens, 12% for average income teens, nearly holding steady in both categories from the spring. As for Chipotle (CMG), Murphy writes that the survey results show some modest brand improvement among teens: Exiting this season's survey Chipotle remained the third most preferred public brand among upper income teens (8% mindshare was flat sequentially vs. Spring 2017) and moved down to the fifth most preferred brand among average income teens.
Credit Suisse reaffirmed its outperform rating and raised its price target on Amazon (AMZN) to $1,350 a share, implying the stock will rally 37% from Tuesday’s closing price. In a note to clients, analyst Stephen Ju said Amazon’s recent acquisition of Whole Foods will help the company expand its same-day delivery service, writing, “we believe the real path for Amazon to create lasting shareholder value is through fulfillment and delivery via Prime Now. To this end, we have modeled in assumptions for Amazon to underwrite the incremental expenses for Flex Drivers starting in 2H17 as it is our expectation for Prime Now delivery zip codes as well as available cities to expand meaningfully in the medium term.” Amazon shares were last trading up 0.5% at $992.41 in midday trading on Wednesday.
Strong fundamentals along with various strategic initiatives undertaken by McDonald's (MCD) make us optimistic about the company's performance.
Cowen reiterates its underperform rating for Chipotle shares, predicting the company's third-quarter sales will come in below expectations.
Consulting firms like Deloitte and Accenture are increasingly being seen as coming for ad...
As Chipotle stumbled over the summer, investors began to notice another Mexican-inspired chain that seemed to be doing a lot of things right. Shares of Del Taco Restaurants are up 13% in the last three months. Chipotle’s stock is down 26% over the same period.
As of October 3, 2017, Chipotle Mexican Grill (CMG) was trading at $302.99, which represents a fall of 13.1% since the announcement of its 2Q17 earnings on July 25, 2017.
On October 3, 2017, Peter Saleh, an analyst at BTIG, lowered his 3Q17 SSSG estimate from 3% to 0.5% and his EPS (earnings per share) estimate from $2.05 to $1.72.
If you have a big winner in hand, the key question is this: How long should I hold the stock? And could this big winner become an exceptional moneymaker? There's no easy answer. Numerous factors matter. One, it depends a lot on what point you began to invest in the market cycle. A bull market tends to last two to...
It's still three weeks away, but it's never too early to talk about Chipotle Mexican Grill's (CMG) earnings. BTIG's Peter Saleh, for one, argues that the sell-side is too optimistic about Chipotle's third-quarter earnings: We remain on the sidelines with shares of Chipotle as we expect the pace of sales recovery to remain anemic, due in part to the mid-July norovirus incident.