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

Zacks Equity Research
Cadence Design Systems (CDNS) closed the most recent trading day at $67.72, moving -0.56% from the previous trading session.

The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Chipotle Mexican Grill (CMG) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Chipotle Mexican Grill is a member of the Retail-Wholesale sector. This group includes 224 individual stocks and currently holds a Zacks Sector Rank of #11. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader 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 5.47% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the most recent data, CMG has returned 54.50% so far this year. Meanwhile, stocks in the Retail-Wholesale group have gained about 11.28% on average. 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 48 individual stocks and currently sits at #156 in the Zacks Industry Rank. On average, this group has gained an average of 16.24% so far this year, meaning that CMG is performing better in terms of year-to-date returns.

Investors with an interest in Retail-Wholesale stocks should continue to track CMG. The stock will be looking to continue its solid performance.


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