|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's range||464.08 - 474.46|
|52-week range||247.52 - 474.46|
|PE ratio (TTM)||70.23|
|Earnings date||24 Jul 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||390.04|
The restaurant space has been on a tear in recent months, with names like Chipotle, Darden Restaurants and Cheesecake Factory soaring double digits. Some market watchers are cautious on the space, given how far the names have come.
Milkshakes, quesadillas and more new menu items may soon be coming to a Chipotle near you https://bloom.bg/2MbRScj #tictocnews (Source: Bloomberg)
Chipotle Mexican Grill Inc. (cmg) is testing six new menu items at its New York City test kitchen including quesadillas, nachos and a Mexican chocolate milkshake made with cinnamon and spice. Chipotle, which does not often change its menu, added queso last year, which was not well-received on social media. Chipotle says that quesadillas and nachos are items that many customers have requested.
For a sense of what it takes for a company like Chipotle Mexican Grill (CMG) to “innovate,” consider the quesadilla. The company has concocted a workaround for the half-moon problem, folding the quesadilla into an ingredient-preserving, enclosed flat burrito of sorts. At the company’s Manhattan “Next Kitchen”—no relation to Barron’s Next, but we approve of the name—that’s also a working restaurant, Brandt said Chipotle wants a “news pipeline” that can drive steady customer interest in food, promotions and general messaging, and digital tools like loyalty programs.
The restaurant chain known for its burritos is preparing for what could be its biggest menu expansion in company history. Chipotle announced Thursday that it will add five new food items -- Mexican chocolate milkshakes, avocado tostadas, quesadillas, nachos and a salad with avocado-citrus dressing -- at its test kitchen in New York City. “We wanted something snacky,” Chad Brauze, the chef who runs the test kitchen, said during a Thursday afternoon preview of the new items.
For long term investors, improvement in profitability and outperformance against the industry can be important characteristics in a stock. In this article, I will take a look at Chipotle MexicanRead More...
Shares of Twitter, Netflix, Chipotle, Under Armour and TripAdvisor have two clear things in common. First, they're all among the S&P 500's best-performing stocks of 2018. Second, they're all trading well above their average analyst price targets.
As of June 14, Shake Shack (SHAK) was trading at $65.12. On the same day, analysts expected the company’s stock price to reach $49.8 in next 12 months, which represents a fall of 23.5% from its current stock price. Strong first-quarter earnings and higher 2018 guidance by Shake Shack’s management prompted analysts to raise their target price.
William Ackman's private hedge fund has gained more than 9 percent this year while his publicly traded fund is up double digits, marking a dramatic reversal for the billionaire investor after three years of losses. Pershing Square International climbed 9.3 percent from January through June 12, an investor in the fund said on Thursday. Pershing Square Holdings, the largest fund managed by Ackman's New York-based Pershing Square Capital Management, has climbed 11.4 percent since January, Pershing Square told clients late on Wednesday.
New looks, layouts and practices in Chipotle Mexican Grill (CMG) kitchens will be crucial to growth for the burrito chain, according to new research. “The kitchen is essential in unlocking innovation,” Guggenheim analysts wrote Wednesday. • It could lengthen the business day in ways beyond breakfast offerings, which new CEO Brian Niccol has said aren’t likely.
Chipotle can reconnect with customers by putting more focus on value, according to new research. “Every turnaround we have observed has hinged on re-establishment of a strong value proposition,” Bernstein analysts wrote Thursday. “Consumers are acutely aware of relative value propositions versus other restaurants and the ever-present competition of eating at home.” In a note, the analysts suggested two ways the company — which brought in a new CEO earlier this year to guide a turnaround — could do a better job of telling customers its value story: • Using marketing to more effectively convince diners of the value Chipotle Mexican Grill (CMG) already offers in terms of portion size for the money.
Since the beginning of 2018, Chipotle’s stock price has increased 53.6%. The appointment of Brian Niccol and Chris Brandt as the company’s new CEO and chief marketing officer, respectively, along with strong first-quarter earnings appear to have led to a rise in the company’s stock price. In the first quarter, Chipotle posted an adjusted EPS of $2.13 on revenues of $1.2 billion—compared to analysts’ EPS estimate of $1.57 on revenues of $1.2 billion. For a detailed analysis of Chipotle’s first-quarter earnings, read Chipotle Stock Rose over 10% after Hours on Strong 1Q18 Earnings.
On June 4, Peter Saleh of BTIG raised Chipotle Mexican Grill’s (CMG) target price from $460 to $500 and maintained a “buy” rating. The new target price represents a return potential of 12.7% from Chipotle’s current stock price.
Jim Cramer takes to the charts with technician Bob Lang to weigh the risk-reward in the stocks of Chipotle, Del Taco and El Pollo Loco.
Placating a new CEO at the expense of employees suggests Brian Niccol might not gel with the restaurant's culture.
It's a hard fact to face sometimes. Not all your swing trades are going to work. Cutting losses quickly keeps the damage of any individual trade at a minimum. Chipotle Mexican Grill provides an example. It's an action that gives your long-term performance a greater chance for success.
On its face, the idea of a “second make line” at Chipotle — a second set of burrito assembly workers who take on digital and other orders not made in line — seems like a no-brainer. But as a Friday story ...
Chipotle operates more than 2,000 restaurants. Several leading advisors are bullish on restaurant stocks, seeing strong growth prospects in the restaurant space. Meanwhile, Chipotle reported first-quarter results on April 26.
The nation's biggest private employer made the announcement at the start of its annual shareholders meeting in Bentonville, Arkansas.