|Bid||736.50 x 1100|
|Ask||739.00 x 1100|
|Day's Range||723.06 - 737.16|
|52 Week Range||383.20 - 749.25|
|Beta (3Y Monthly)||1.20|
|PE Ratio (TTM)||100.64|
|Earnings Date||Jul 23, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||681.67|
A new UBS report says McDonald's is still dominant in the fast-food space. This as Evercore initiates coverage of McDonald's, Chipotle and Yum Brands all with "outperform" ratings. Yahoo Finance's Seana Smith and Heidi Chung discuss.
Shake Shack (SHAK) has been trading at a higher valuation multiple than Chipotle Mexican Grill (CMG). SHAK is still in the growth phase and has a considerable scope to expand, which has been valued highly by the market. The scope for expansion and its higher average unit volume have allowed SHAK to trade at a higher valuation multiple.
Demand for restaurant services depends on consumer spending. In an industry which is getting increasingly reliant on digital and delivery services, four restaurant stocks stand to gain in 2019.
For 2019, analysts are projecting Chipotle Mexican Grill (CMG) to post adjusted EPS of $13.06, which represents a rise of 44.2% from $9.06 in 2018. The revenue growth, expansion of EBIT margin, and lower effective tax rate are likely to drive the company’s EPS in 2019. However, increased interest expenses could offset some of the increase in the company’s EPS.
For 2019, Shake Shack’s management forecasts its revenue to be in the range of $576 million–$582 million with its SSSG (same-store sales growth) expected to be between 1% and 2%. Management also plans to open 36–40 company-owned restaurants and 16–18 franchised restaurants this year.
After delivering a strong return of 49.4% last year, Chipotle Mexican Grill (CMG) has continued its upward momentum in 2019. The company’s stock has increased by 69.4% YTD as of June 17. Chipotle’s impressive performance in the fourth quarter of 2018 and the first quarter of 2019 has led to a rise in the company’s stock price.
Chipotle Mexican Grill Inc NYSE:CMGView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for CMG with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding CMG are favorable, with net inflows of $10.47 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Fast-casual is a subset of the restaurant industry that sits somewhere between fast-food and fine dining, and the concept has caught on with the American public.
Chipotle stock is testing the all-time high posted just before a nationwide foodborne illness scandal triggered a historic decline.
The fast-casual chain is testing new oven equipment that can deliver better quesadillas as well as introduce nachos and warm desserts to the menu.
Fast-food companies have been facing a lot of challenges in order to stay relevant among consumers, but McDonald's is poised to continue its dominance, according to a new survey.
were rising Wednesday after analysts at Evercore initiated coverage on the fast-food restaurants with bullish ratings and price targets. McDonald's was initiated with an outperform rating and $225 price target, which represents an 11% upside from its previous closing price. "McDonald's stock and its company have come a long way in the transformation under Steve Easterbrook since 2015, and to some degree we believe this is already recognized with the stock trading at 23.8x 2020 EPS," the note read.
Dave & Buster's (PLAY) top line in first-quarter fiscal 2019 gains from robust Amusements and Other revenues as well as Food and Beverage revenues.
Chipotle’s (CMG) partnership with Sparkfly has enabled key marketing program growth and innovation. Sparkfly’s foundational technology has supported Chipotle in creating a best of breed partner ecosystem and launching digital initiatives including the Chipotle Rewards Loyalty Program, In-Restaurant Technology Intelligence and Frictionless Online Ordering. Chipotle’s recent success, including modernizing the digital customer experience, has resulted in total sales rising nearly 10% from the first quarter of 2018 to the first quarter of 2019 and digital sales growing by 100.7% from the prior year.
El Pollo Loco CEO joins Yahoo Finance to discuss President Trump's latest threat of tariffs against Mexico.
Today we'll evaluate Chipotle Mexican Grill, Inc. (NYSE:CMG) to determine whether it could have potential as an...
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