320.97 +0.80 (0.25%)
After hours: 5:03PM EDT
|Bid||318.01 x 100|
|Ask||322.31 x 4500|
|Day's range||315.00 - 322.72|
|52-week range||247.52 - 499.00|
|PE ratio (TTM)||51.89|
|Earnings date||23 Apr 2018 - 27 Apr 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||311.68|
Investing.com - Incoming CEO Brian Niccol hasn't even started his turnaround plan at Chipotle Mexican Grill (NYSE:CMG), but the company's stock is already in turnaround mode.Shares are up 30% since the former Taco Bell boss was named to succeed company founder Steve Ells. A third Wall Street firm has turned positive on the company in anticipation of Niccol's arrival. Baird joined Stifel and Credit Suisse (SIX:CSGN) in raising its stock price target. Baird upped its 12-monthtarget from $315 to $400 a share and changed its rating from neutral to outperform.All three firms expect Niccol, who starts on March 5, to reverse Chipotle's declining fortunes, triggered by a series of food safety events and a data breach over the past 2 years. Chipotle shares were worth more than $740 in January 2015.
Chipotle, which is trying to rebuild its business after a series of food safety scares, says it hired a new marketing executive who once oversaw the launch of Taco Bell's cheese-dusted Doritos taco. Chris ...
Chipotle Mexican Grill Inc. said Tuesday that it has named Chris Brandt chief marketing officer, effective April 2. Brandt succeeds Mark Crumpacker, who announced his resignation last week. Brandt joins ...
Chipotle Mexican Grill Inc., which has struggled to emerge from from a string of high-profile illness outbreaks, is getting another veteran of Taco Bell to help the company with its P.R. reset.
It looks like Chipotle Mexican Grill’s new CEO is already shaking things up. Earlier this week, the Barron’s Next 50 company reported that CMO Mark Crumpacker was leaving after almost a decade. It’s not shocking that a new CEO would make changes in upper management, of course, and in a Wednesday note Maxim Group said more are likely.
The Dow Jones Industrial Average tumbled 250 points as it gave away its early gains for the third day in a row. The S&P 500 fell 0.6%, to 2749.48, while the Dow Jones Industrial Average dropped 248.91 points, or 1%, to 24,758.12. The Nasdaq Composite declined 0.2%, to 7496.81.
Mark Crumpacker will leave Chipotle on March 15, according to a regulatory filing. Crumpacker could not be reached immediately for comment. Chipotle in a statement thanked Crumpacker for his role in shaping and defining the brand since joining the company in January 2009, and said it would continue its marketing plans while finalizing plans for a new chief marketing officer.
Chipotle said Wednesday that its longtime head of marketing is leaving the company, just a week after the struggling burrito chain installed a new CEO as it seeks to revive the brand. Mark Crumpacker, ...
Chipotle Mexican Grill Inc. is parting ways with Chief Marketing Officer Mark Crumpacker, who struggled for years to restore the burrito chain’s image after an E. coli outbreak.
Chipotle Mexican Grill Inc. said Wednesday that its chief marketing officer, Mark Crumpacker, will resign, effective Thursday. Crumpacker will receive cash severance totaling 26 weeks of his base salary ...
Beating Wall Street’s profit estimates and seeing the company shares rise is the ultimate game every quarter for public companies, but investors were too preoccupied to truly reward such results last month, ...
Chipotle (CMG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The New York State Common Retirement Fund is the third-largest pension in the country with assets of $192.4 billion as of March 31, 2017. The pension covers retired police and firefighters, among others. In the fourth quarter, the pension made some big investment changes, including large chunks of investments in Alibaba Group Holding (BABA), Applied Materials (AMAT) and Chipotle Mexican Grill (CMG).
The middle market mall is becoming an endangered species. Only the high-end and low-end are seeing growth, according to Foursquare CEO Jeff Glueck.
Lowering prices and borrowing from traditional fast-food chains would help spark much-needed brand buzz for the burrito chain.
Tasty Made, Chipolte's burger concept is no longer. While it may be a defeat for the burger chain, the company is better off focusing on its core business.
Chipotle Mexican Grill Inc's (CMG.N) incoming Chief Executive Brian Niccol has some low-hanging fruit to pluck when he takes the helm at the troubled U.S. burrito seller on Monday, investors told Reuters. "They definitely need to get the customer back on board," said Josh Blechman, director of capital markets at Exponential ETFs, which on Feb. 28 had 2,500 Chipotle shares in a portfolio that tracks American Customer Satisfaction Index (ACSI). Chipotle's ACSI was 83 in 2015, fell to 78 in 2016 and recovered slightly to 79 last year.
Pershing Square chief Bill Ackman is back in the limelight, and this time he's confirming his exit from Herbalife (HLF) and touting a stake in United Technologies (UTX). The activist investor told CNBC Wednesday that the aerospace and defense company was "great." Shares of United technologies rose 1.8% on the news to around $136.30. Late last year he lost his bid for three seats on the board of Automatic Data Processing (ADP).