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Is Chipotle Mexican Grill (CMG) Stock Outpacing Its Retail-Wholesale Peers This Year?

Zacks Equity Research

Investors focused on the Retail-Wholesale space have likely heard of Chipotle Mexican Grill (CMG), but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.

Chipotle Mexican Grill is one of 224 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #7 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. CMG is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for CMG's full-year earnings has moved 2.80% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that CMG has returned about 95.30% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of 19.96%. As we can see, Chipotle Mexican Grill is performing better than its sector in the calendar year.

Looking more specifically, CMG belongs to the Retail - Restaurants industry, a group that includes 47 individual stocks and currently sits at #168 in the Zacks Industry Rank. On average, this group has gained an average of 28.29% so far this year, meaning that CMG is performing better in terms of year-to-date returns.

Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to CMG as it looks to continue its solid performance.


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