Chipotle Mexican Grill, Inc. (CMG)
| Market Cap | 51.74B |
| Revenue (ttm) | 9.28B |
| Net Income (ttm) | 1.11B |
| Shares Out | 27.59M |
| EPS (ttm) | 40.04 |
| PE Ratio | 46.84 |
| Forward PE | 39.46 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 201,098 |
| Open | 1,868.27 |
| Previous Close | 1,866.01 |
| Day's Range | 1,860.82 - 1,891.69 |
| 52-Week Range | 1,344.05 - 2,175.01 |
| Beta | 1.30 |
| Analysts | Buy |
| Price Target | 2,159.00 (+15.11%) |
| Earnings Date | Oct 26, 2023 |
About CMG
Chipotle Mexican Grill, Inc., together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It offers burritos, burrito bowls, quesadillas, tacos, and salads. The company was founded in 1993 and is headquartered in Newport Beach, California. [Read more]
Financial Performance
In 2022, CMG's revenue was $8.63 billion, an increase of 14.41% compared to the previous year's $7.55 billion. Earnings were $899.10 million, an increase of 37.69%.
Financial StatementsAnalyst Forecast
According to 25 analysts, the average rating for CMG stock is "Buy." The 12-month stock price forecast is $2,159.0, which is an increase of 15.11% from the latest price.
News
See Chipotle's new robots that can crank out nearly 200 burrito bowls an hour
Restaurant chains are relying on automation to streamline operations and save on labor. Chipotle is working with Hyphen, a startup that uses robotics to make up to 180 bowls per hour.
Chipotle CEO: Optimistic we'll get back to the normal cadence of 2-3% price hikes a year
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A fight between fast food chains and unions in California is over, for now – what to know
The California minimum wage for fast-food workers is on track to rise to $20 an hour next April.
CHIPOTLE APPOINTS LAURA FUENTES TO ITS BOARD OF DIRECTORS
NEWPORT BEACH, Calif. , Sept. 14, 2023 /PRNewswire/ -- Chipotle Mexican Grill (NYSE:CMG) today announced a new addition to its board of directors, Laura Fuentes, effective September 15.
Sentiment for restaurants is deteriorating due to pockets of softness, says Raymond James analyst
Brian Vaccaro, restaurant analyst at Raymond James, joins 'The Exchange' to discuss signs of a decline in dining out, breakfast restaurants gaining share from other parts of the restaurant business, a...
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CHIPOTLE'S FAN-FAVORITE CARNE ASADA IS BACK ON THE GRILL FOR A LIMITED TIME
Carne Asada returns to the Chipotle menu in the U.S. and Canada For the first time ever, Chipotle fans can try the Carne Asada Quesadilla exclusively via the Chipotle app, Chipotle.com, Chipotle.ca,...
CHIPOTLE MEXICAN GRILL TO ANNOUNCE THIRD QUARTER 2023 RESULTS ON OCTOBER 26, 2023
NEWPORT BEACH, Calif. , Sept. 7, 2023 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) will host a conference call on Thursday, October 26, 2023 at 4:30 PM Eastern time to discuss third quarter fina...
Chipotle stock could surpass $2,000 ‘in a heartbeat': Jim Cramer
Chipotle Mexican Grill Inc (NYSE: CMG) shareholders have been a happy lot this year but Jim Cramer is convinced that they'll be happier still moving forward. Cramer remains bullish on the Chipotle s...
Chipotle is paying $322,400 to settle allegations its DC locations let minors work more than 48 hours a week
Chipotle is paying more than $300,000 to settle allegations of child labor in Washington, D.C. D.C. alleges Chipotle let minors work over 48 hours a week and more than six straight days a week.
CHIPOTLE PULLS BACK THE FOIL TO ATTRACT TALENT IN LATEST HIRING PUSH
Employee testimonials and opportunities for growth highlighted in latest advertising campaign NEWPORT BEACH, Calif. , Aug. 29, 2023 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today announced i...
Is Now the Time to Buy these Three Most Downgraded Stocks?
Once again, Marketbeat.com's list of Most Downgraded Stocks has some interesting names. While some are worthy of bearish sentiment, others are on the list because the analysts have reset their bullish...
CALLING ALL TRIVIA EXPERTS! CHIPOTLE IQ IS BACK IN SESSION WITH 250,000 BOGOS
Fans can play Chipotle's fan-favorite trivia game daily through August 24 th for the opportunity to win a BUY-ONE-GET-ONE free entrée code* Superfans can unlock an extra credit question for a chance t...
3 trends are dividing restaurant companies into winners and losers
While most restaurant companies crushed earnings expectations, a number of them fell short of Wall Street's estimates for their quarterly revenue.
Bill Ackman's Pershing Square Follows Hedge Fund Rush to AI, Cuts Consumer Plays
Investment fund Pershing Square has cut its stakes in consumer stocks, adding to its Alphabet holdings for AI exposure.
CHIPOTLE SERVES UP REAL SUPPORT FOR TEACHERS WITH $100,000 IN SCHOOL SUPPLIES
In the U.S., nearly 94% of teachers pay for school supplies out of their own pocket, spending an average of $820 Chipotle is giving teachers across the country the ingredients for a successful school ...
Chipotle stock has fallen for nine straight trading days, on pace for its biggest losing streak since December 2021
Shares of fast-casual Mexican chain Chipotle Mexican Grill Inc. CMG, -0.16% have fallen for nine straight trading days, following a brief rebound in the wake of the company's second-quarter earnings. ...
CFOs Are More Optimistic on Side-Stepping a Recession
Costs remain a concern, but a strong labor market and moderating inflation have assuaged finance chiefs' worst economic fears.
Impact Podcast with John Shegerian Features Lisa Shibata of Chipotle
LOS ANGELES--(BUSINESS WIRE)-- #chipotle--Lisa Shibata, who serves as Director of Sustainability for Chipotle Mexican Grill, is a featured guest this week on the Impact Podcast with John Shegerian. Th...
Jim Cramer breaks down Chipotle shares after earnings
CNBC's Jim Cramer discusses Thursday's market action and Chipotle shares after the fast-casual restaurant reported earnings.
S&P 500 Gains and Losses Today: Stocks Dip as Economic Growth Raises Rate Hike Concerns
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Chipotle Sales Fall Short on Higher Prices
Chipotle shares tumbled after the restaurant chain's sales came in short of expectations as the company raised prices because of higher ingredient costs.