Chipotle Mexican Grill, Inc. (CMG)

NYSE: CMG · Real-Time Price · USD
59.88
+0.18 (0.30%)
At close: Oct 22, 2024, 4:00 PM
59.69
-0.19 (-0.32%)
Pre-market: Oct 23, 2024, 7:02 AM EDT
0.30%
Market Cap 82.00B
Revenue (ttm) 10.66B
Net Income (ttm) 1.41B
Shares Out 1.37B
EPS (ttm) 1.02
PE Ratio 58.90
Forward PE 50.91
Dividend n/a
Ex-Dividend Date n/a
Volume 7,055,236
Open 59.69
Previous Close 59.70
Day's Range 59.27 - 60.10
52-Week Range 35.97 - 69.26
Beta 1.26
Analysts Buy
Price Target 62.37 (+4.16%)
Earnings Date Oct 29, 2024

About CMG

Chipotle Mexican Grill, Inc., together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages through offering burritos, burrito bowls, quesadillas, tacos, and salads. The company also provides delivery and related services its app and website. It has operations in the United States, Canada, France, Germany, Dubai, and the United Kingdom. Chipotle Mexican Grill, Inc. was founded in 1993 and is headquartered in Newport Beach, California. [Read more]

Industry Restaurants
IPO Date Jan 26, 2006
Employees 116,068
Stock Exchange NYSE
Ticker Symbol CMG
Full Company Profile

Financial Performance

In 2023, Chipotle Mexican Grill's revenue was $9.87 billion, an increase of 14.33% compared to the previous year's $8.63 billion. Earnings were $1.23 billion, an increase of 36.66%.

Financial Statements

Analyst Forecast

According to 30 analysts, the average rating for CMG stock is "Buy." The 12-month stock price forecast is $62.37, which is an increase of 4.16% from the latest price.

Price Target
$62.37
(4.16% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CHIPOTLE INTRODUCES NEW AI HIRING PLATFORM TO SUPPORT ITS ACCELERATED GROWTH

The company is rolling out a new system by Paradox that will make the hiring process simpler, faster, and more automated for all 3,500+ restaurants in North America and Europe  The Paradox platform is...

22 hours ago - PRNewsWire

Chipotle Mexican Grill: Still Too Rich For My Wallet

Chipotle Mexican Grill has shown remarkable growth with a 61.2% stock increase in the past year and 254.8% over five years. Despite impressive growth, I rate Chipotle a 'hold' due to its high valuatio...

5 days ago - Seeking Alpha

Calls of the Day: Shake Shack, Chipotle and Netflix

The Investment Committee debate the latest Calls Of The Day.

Other symbols: NFLXSHAK
7 days ago - CNBC Television

CHIPOTLE'S CULTIVATE NEXT FUND INVESTS IN AI SUPPLY CHAIN SOLUTION AND EMERGING FAST-CASUAL CONCEPT

Lumachain's SaaS platform uses Computer Vision-based Artificial Intelligence to enhance safety, yield, efficiency, quality, traceability, and trust in food production Brassica is a Mediterranean inspi...

7 days ago - PRNewsWire

BOORITO IS BACK: CHIPOTLE CELEBRATES HALLOWEEN WITH $6 BURRITOS AND EXTENDED HOURS

Chipotle Rewards members in costume will receive a $6 USD entrée offer* in-restaurant on October 31. Chipotle will nourish Gen Z's late-night cravings with extended hours in select college towns acros...

14 days ago - PRNewsWire

Chipotle Mexican Grill: Still Destined For Growth

An underappreciated management team offers value to investors. Chipotle Mexican Grill is the best among competitors, offering seasonal options proven by Chicken al Pastor and Brisket. CMG can still ca...

15 days ago - Seeking Alpha

CHIPOTLE'S FIRST RESTAURANT OPENS IN DUBAI WITH ALSHAYA GROUP

NEWPORT BEACH, Calif. , Oct. 2, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) announces the opening of its first restaurant in Dubai today in partnership with leading international franchise...

20 days ago - PRNewsWire

Chipotle Interim CEO Scott Boatwright and President Jack Hartung sit down with Jim Cramer

Chipotle Interim CEO Scott Boatwright and President Jack Hartung join 'Mad Money' host Jim Cramer to talk Chipotle's new chapter following former CEO Brian Niccol's departure.

21 days ago - CNBC Television

Chipotle continues to see strong value scores across the country, says President Jack Hartung

Chipotle Interim CEO Scott Boatwright and President Jack Hartung join 'Mad Money' host Jim Cramer to talk Chipotle's new chapter following former CEO Brian Niccol's departure.

21 days ago - CNBC Television

Chipotle CSO Jack Hartung says there's 'macro resistance' to inflation from California consumers

In a Tuesday interview with CNBC's Jim Cramer, Chipotle CSO Jack Hartung discussed business in California since the burrito-maker upped prices in April, saying there's "macro resistance" from consumer...

21 days ago - CNBC

Bill Ackman Likes Chipotle and Hermès. He Isn't a Fan of Starbucks.

Ackman, who is a big holder in Chipotle, talked his book at an investment conference. He says Chipotle won't be hurt by the loss of its CEO to Starbucks.

Other symbols: SBUX
21 days ago - Barrons

These Chipotle Bulls Want the Interim CEO To Get the Job Full-Time

Time to tear off the temporary tag.

22 days ago - Investopedia

Why analysts are calling Cava the next Chipotle

Fast-casual Mediterranean chain Cava has become a new Wall Street darling as it looks to match the performance of predecessor and competitor, Chipotle.

Other symbols: CAVA
25 days ago - CNBC

Chipotle Mexican Grill Is Relatively Cheap After The Great Pullback - Upgrade To Buy

CMG's recent pullback is well warranted, with it bringing the stock to a more reasonably priced valuation compared to its historical means and sector peers. With the company set to report intensified ...

27 days ago - Seeking Alpha

Chipotle: Now A Show-Me Valuation Story, Bearish Chart, Downgrading To Sell

I rate Chipotle Mexican Grill (CMG) as a sell due to its broken uptrend, bearish chart patterns, and valuation concerns. Despite strong Q2 results and robust sales growth, emerging doubts and a bearis...

4 weeks ago - Seeking Alpha

CHIPOTLE IS GIVING AWAY UP TO $1 MILLION IN FREE QUESADILLAS FOR NATIONAL QUESADILLA DAY

The brand is giving fans a chance to score a BUY-ONE-ENTREE-GET-ONE-QUESADILLA (BOGO) offer1 starting September 23. On National Quesadilla Day, Chipotle will give away free quesadillas on DoorDash2 an...

4 weeks ago - PRNewsWire

Trade Tracker: Stephanie Link buys Exxon Mobil and Chipotle

Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to explain her latest portfolio moves.

Other symbols: XOM
5 weeks ago - CNBC Television

Chipotle uses ‘autocado' robot to make guacamole in Calif. where fast-food pay is $20 an hour

Chipotle said feedback will determine whether it makes a broader rollout of the technology.

5 weeks ago - New York Post

Chipotle's ‘Autocado' robot aims to replace $20/hour workers at select locations

Chipotle's new autocado robot can process an avocado in 26 seconds, partly removing the need for employees that cost $20 an hour.

5 weeks ago - Invezz

Chipotle's Latest Experiment Is an Avocado-Peeling Robot

Your next Chipotle (CMG) order could be made by robot hands.

5 weeks ago - Investopedia

Chipotle Is Testing Out Using Robots to Make Guacamole

Chipotle has started testing out robots that help workers make guacamole faster. The chain says two California locations are using Autocado machines that can cut, core and peel avocados in about 26 se...

5 weeks ago - Bloomberg Markets and Finance

Chipotle testing avocado-peeling ‘cobots' or collaborative robots

Restaurant chain launches pilot programs for both its Autocado and Augmented Makeline.

5 weeks ago - Market Watch

Chipotle adds automation, 'autocado' robot helps make guacamole

Chipotle moved an automated bowl-and-salad maker and an avocado-processing robot out of its test kitchen and into a couple of locations in California.

5 weeks ago - Reuters

CHIPOTLE DEBUTS AUTOCADO AND THE AUGMENTED MAKELINE BY HYPHEN IN RESTAURANTS

The company's cobots (collaborative robots) are assisting crew members in Chipotle restaurants for the first time Through its Cultivate Next venture fund, Chipotle has invested in Vebu, a product deve...

5 weeks ago - PRNewsWire

Beyond The CEO: Evaluating Chipotle's Fundamental Strengths

Chipotle's stock increased by 30% since May 2023 but declined 20% since its peak. The company's international expansion, particularly in Europe and Canada, is a key driver of future growth, despite ch...

6 weeks ago - Seeking Alpha