325.27 0.00 (0.00%)
After hours: 4:49PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||315.52 - 326.00|
|52 Week Range||295.11 - 499.00|
|PE Ratio (TTM)||69.92|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The phrase “nothing lasts forever” aptly describes the rise and fall of Chipotle Mexican Grill, Inc. (NYSE:CMG). Then several food safety issues (including three E. Coli outbreaks) put the brakes on. Now, this is not to understate the seriousness of food safety, but CMG management has been razor-focused on this issue for years now.
Analysts at Bank of America lowered their estimates on Chipotle's earnings per share forecast in 2018 and 2019 over difficulties in reducing labor costs.
Shares of Chipotle Mexican Grill Inc. fell 2.5% Wednesday, as analysts took a cautious view of the stock ahead of third-quarter earnings due next week. Wedbush analysts said they are expecting same-restaurant ...
Chipotle Mexican Grill (CMG) now has one more problem weighing on its bottom line: employee wages. There is no shortage of bears growling over the fast-casual restaurant chain. Earlier today, Deutsche Bank’s Brett Levy reiterated his Underperform rating, arguing that valuation, as well as brand, operational and financial issues will continue to weigh on the restaurant chain’s stock.
Doubts about Chipotle are piling up higher than a double order of guacamole as the Mexican chain gets set to release its latest earnings report next week. Analysts released several notes on Wednesday that ...
Bank of America/Merrill Lynch analysts say 2018 earnings could come under pressure thanks to rising labor costs.
Chipotle was downgraded by Bank of America analysts on Wednesday, citing increased labor costs. Chipotle shares are down 14.5% since the start of the year.
The following stocks and technicals were mentioned on Wednesday's edition of PreMarket Prep , a daily trading ideas show hosted by former floor trader Joel Elconin and prop trader Dennis Dick. You can ...
Bank of America analysts lost their appetite for Chipotle Mexican Grill, Inc. (NYSE: CMG ) ahead of the company's third-quarter earnings report on Oct. 24. The firm's Gregory Francfort downgraded Chipotle's ...
The Dow Jones Industrial Average looks set to open well above 23,000 this morning as tax cuts look to be inching closer to becoming a reality. S&P 500 futures have risen 0.2%, while Dow Jones Industrial ...
The Dow Jones Industrial Average was poised to open above 23,000 for the first time on Wednesday following a series of upbeat earnings reports from marquee companies. Solid earnings and hopes that President Donald Trump may be able to make progress on tax cuts have helped the market rally this year. "We're in a sweet spot where the economy is growing not too strong and not too weak, the Fed's tightening but not too rapidly and earnings continue to expand.
Chipotle Mexican Grill, Inc. (NYSE:CMG) stock has had difficulties regaining Wall Street’s trust after the fallout from the health issues they had in the past two years. CMG stock has fallen 20% in 12 months. This is not to say that I’m bearish on the price action. In fact, today I want to place a bullish bet on Chipotle as I have been doing for months.
With Chipotle Mexican Grill (CMG) set to report its third quarter financial results on Oct. 24, there is no shortage of analysts warning investors away from the stock. What is social media saying? Analysts at Cowen and Bernstein Research published reports today discussing data they culled from social media to gauge traffic trends and comparable-store sales for the fast casual Mexican food chain.
Bank of American Merrill Lynch downgraded Chipotle and cut its earnings targets, citing the restaurant's inability to reduce labor costs.