|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||330.57 - 339.75|
|52 Week Range||247.52 - 499.00|
|PE Ratio (TTM)||53.80|
|Earnings Date||Apr 25, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||311.68|
The numbers as a whole appear relatively solid, with Factset reporting that 70% of companies beat consensus earnings estimates in the early going. Three key earnings reports next week could go a long way in doing so. All three releases are particularly important for the reporting companies, and in providing a potential spark to the market as a whole.
DENVER, April 20, 2018 /PRNewswire/ -- Chipotle Mexican Grill (CMG) today announced that it has hired Marissa Andrada as its chief human resources officer. Andrada will begin on April 23 and will report to Brian Niccol, the company's chief executive officer. Andrada comes to Chipotle from Kate Spade & Company, where she served as senior vice president of human resources and chief human resources officer.
Many major chains didn't rate well in Market Force Information's 2018 survey; respondents tended to favor smaller, regional players.
Among the survey respondents, McDonald's Corporation (NYSE: MCD) and Restaurant Brands International Inc (NYSE: QSR) were named as top large-cap ideas ahead of the print. Domino's Pizza, Inc. (NYSE: DPZ) was crowned the top mid-cap idea and Wingstop Inc (NASDAQ: WING) ranked as the top small-cap pick.
While investors wait to see what the effect of new leadership at Chipotle Mexican Grill will be, they aren’t waiting on the sidelines. It’s perhaps a curious place for the company, only recently dealing with growth and food safety questions, which now finds itself something of a darling ahead of its scheduled release of Q1 financial results on Wednesday after the market’s close. Right now, it may be as simple as this: CEO Brian Niccol has been on board since mid-February, about halfway through Q1.
Chipotle's (CMG) strong marketing initiatives, improved digital ordering channels, and increased focus on menu innovation are the company's key growth drivers.
Chipotle Mexican Grill, Inc. (NYSE:CMG) still has its share of doubters on Wall Street. By some measures, it’s been a good year for Chipotle stock. Helping Chipotle along with 2018’s strong performance, Tuesday saw RBC Capital Markets raise its price target on CMG shares from a below-market $310 to a mostly at-the-money $340.
Billionaire investor William Ackman, who lost a proxy contest at Automatic Data Processing (ADP.O) last year, said on Tuesday that he wants the human-resources technology company to succeed but said he might be back with a fight if ADP fails to perform. Ackman, whose hedge fund Pershing Square Holdings last month reported cutting its holding in ADP to a 7.2 percent economic stake, praised the company for planning an analyst day in June and said he and other shareholders are looking forward to hearing how executives navigate a changed economic environment. ADP will benefit from recent tax cuts, and rising interest rates should help lift guidance, Ackman said at 13D Monitor's 2018 Active-Passive Investor Summit.
The coffee shop chain will close 8,000-plus stores simultaneously to conduct anti-discrimination and anti-bias training for around 175,000 employees.
•...keep an eye on Chipotle Mexican Grill (CMG) ahead of its earnings next week. Just look at that market go—and watch the VIX drop with it. The S&P 500 has gained 1% today, while the Cboe Volatility Index, or VIX, has fallen 8.2% to 15.21—which would be its lowest close since March 9.
As of April 13, Chipotle Mexican Grill (CMG) was trading at $318.36. On the same day, analysts were expecting the company’s stock price to reach $311.68 in the next 12 months, which represents a fall of 2.1% from its current levels.
Chipotle Mexican Grill Inc. shares are up 1.4% in Tuesday trading after the fast-casual chain's price target was lifted to $340 at RBC Capital Markets on anticipation of better marketing, more innovation ...
Forward PE multiples are calculated by dividing a company’s stock price from analysts’ earnings estimate for the next four quarters. The appointment of Brian Niccol and Chris Brandt as Chipotle’s new CEO and chief marketing officer appears to have led to a rise in Chipotle’s stock price and valuation multiple.
Analysts expect Chipotle Mexican Grill (CMG) to post adjusted EPS (earnings per share) of $1.58 in 1Q18, which represents a fall of 1.3% from $1.60 in 1Q17. Analysts expect the decline in Chipotle’s EBIT (earnings before interest and tax) margin to offset the effects of revenue growth and a lower effective tax rate to post a decline in Chipotle’s 1Q18 EPS. Analysts expect Chipotle’s EBIT margins to fall from 6.8% in 1Q17 to 5.6% in 1Q18.
Perdue Farms CEO Randy Day isn't losing sleep over the trade spat with China, despite pork being targeted by Beijing.
Chipotle Mexican Grill (CMG) owns and operate all its restaurants, so sales from all restaurants constitute the company’s revenue. For 1Q18, analysts expect Chipotle to post revenue of $1.15 billion, which represents a rise of 7.3% from $1.07 billion in 1Q17. The revenue growth is expected to be driven by the addition of new restaurants and positive SSSG (same-store sales growth). By the end of 3Q17, Chipotle operated 2,363 restaurants, compared to 2,291 in 1Q17.
Chipotle Mexican Grill (CMG) is scheduled to post its 1Q18 earnings after the market closes on April 25. As of April 13, Chipotle was trading at $318.36, which represents growth of 4.6% since the announcement of its 4Q17 earnings on February 6, 2018.
NEW YORK, NY / ACCESSWIRE / April 16, 2018 / Starbucks is in hot water over the wrongful arrest made over the weekend of two black men in an alleged case of racial profiling. Though the company's CEO has ...
For years, restaurants have struggled to combat high turnover rates, but helping employees get college degrees could convince them to stay.
With Chipotle's (CMG) new CEO Brian Niccol at the helm, the first quarter could mark the start of a better era for the embattled fast casual chain. But before investors get too caught up in what Niccol might change long-term, they should look at what to expect from Chipotle's upcoming first quarter financial results.
If you read my column, you know I’m quite sour on momentum stocks, but I realize there are some readers who mistakenly do not care about risk. You can do that with covered calls. Covered calls are options trades in which you sell the right for another investor to buy your stock at a given contracted price on or before a given contract expiration date.