|Bid||427.05 x 800|
|Ask||427.23 x 900|
|Day's Range||424.07 - 432.76|
|52 Week Range||247.52 - 530.68|
|Beta (3Y Monthly)||0.48|
|PE Ratio (TTM)||70.88|
|Earnings Date||Oct 25, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||466.63|
Editor’s note: This column is part of our Best Stocks for 2018 contest. The good news: Chipotle Mexican Grill, Inc. (NYSE:CMG) is up about 55% in eight months, clobbering the market and sitting comfortably in third place in the Best Stocks for 2018 contest. Chipotle shares heated up all the way through late August, then retreated all the way back to where they sat back at the start of June.
Fear and volatility returned to the U.S. stock market in a big way over the past several sessions, but concerns over bond yields, trade policy and other factors aren’t spread evenly across the economy. The investment bank looked at a measure known as volatility skew for the stock market and found that it was near its highest for these four. The skew for Nvidia, whose stock recently hit a record, is also in its 99th percentile, while it is in the 100th percentile for Alphabet and Broadcom, according to Goldman’s data.
On October 9, CNBC reported that Bill Ackman of Pershing Square Capital revealed that the fund has bought 15.2 million shares in Starbucks (SBUX) worth ~$900 million. The news appears to have excited investors. Starbucks stock increased to a high of $59.70 on October 9 before closing at $57.71, which represents a rise of 2.1% from the previous day’s closing price.
NEWPORT BEACH, Oct. 10, 2018 /PRNewswire/ -- Chipotle Mexican Grill (CMG) is celebrating 100 million views of its digital Giphy stickers by bringing some of the most popular stickers to life in the form of limited edition scratch and sniff stickers. Available now for purchase on Chipotle.com, the stickers are real-life designs of some of the most-used Chipotle Giphy stickers on Snapchat and Instagram: "Would Rather Be At Chipotle," "Less Talk More Guac," and "Salsa Flame," which feature scents of smoky adobo, roasted cumin, and flaming chili, respectively. "We've seen tremendous enthusiasm for the Chipotle Giphy stickers since they launched on Snapchat and Instagram, and love that these give people the freedom to express themselves in creative ways on social media," said Tressie Lieberman, vice president, digital marketing and off-premise at Chipotle.
The activist investor’s bet on Restaurant Brands International Inc., the owner of Burger King, Tim Hortons and Popeyes Lousiana Kitchen, has been a bright spot for his Pershing Square Capital Management. Ackman said at the end of the year that despite a steady increase in the company’s shares in 2017, it is an attractive opportunity that he believes remains undervalued.
There is "no doubt" restaurant stocks are going higher, according to Piper Jaffray's Nicole Miller Regan. McDonald's, Shake Shack, Chipotle and Potbelly are among the companies Regan predicts will perform well. There is "no doubt" restaurant stocks are going higher, according to Nicole Miller Regan, senior restaurant analyst for Piper Jaffray PJC .
Tariff headlines have kept the markets uncertain for the last couple of months, but that headwind has not been able to put much of a damper on the front runners. If you believe that energy stocks have further to run, EPD may be worth a look.
The long overdue selloff has arrived, Jim Cramer told his Mad Money viewers Thursday. Cramer identified 10 things he said are signaling that the bottom is not yet at hand. First is FAANG, Cramer's high-growth cohort that is still beloved by the media.
CNBC's Jim Cramer explains why the big pharmaceutical companies could signal what’s next for the market. The "Mad Money" host also sits down with the CEO of Constellation Brands and Chipotle Mexican Grill's CEO and CFO. In a broad-based sell-off of this magnitude, investors have to be prepared to wait and see how low stocks can actually go, CNBC's Jim Cramer said on Thursday.
Chipotle Mexican Grill CEO Brian Niccol and CFO Jack Hartung explain how they're moving on from the chain's past food safety problems. In an interview with CNBC's Jim Cramer, Niccol touts his new employer's commitment to food safety. Chipotle Mexican Grill's CMG past food safety scandals set the company back in terms of its marketing goals, but since Brian Niccol came on as CEO , it's gotten back on track, Chipotle's chief financial officer told CNBC.
The Nasdaq stock exchange blazed a new trail in July when Canadian cannabis company Tilray ( TLRY) became the first marijuana-related company to IPO in the U.S. When the stock became available to the public, it traded for $17. There are numerous other studies taking place as well, but the essential tremor efforts are the only ones set to take place in the U.S.
Shares of Chipotle Mexican Grill Inc. rose 1.6% in afternoon trade Thursday, bucking the weakness in the broader market, after KeyBanc Capital analyst Eric Gonzalez started coverage of the Mexican food fast-casual restaurant chain with a bullish overweight rating on the belief the company is headed in a better strategic direction under the leadership of Brian Niccol, who became chief executive effective March 5. Gonzalez set a stock price target of $500, which is 13% above current levels. "In our view, sweeping changes to personnel and internal processes are likely to produce positive results that consensus estimates do not fully contemplate," Gonzalez wrote in a note to clients. He said new management is pushing to use more modern marketing techniques, to become more culturally relevant, to take a more rigorous approach to testing and scaling of new ideas and to raise awareness of its off-premise and digital capabilities. The stock's gain comes despite a 1.2% tumbled in the S&P 500 and the Dow Jones Industrial Average's 12-point slump.
Chipotle (CMG), which is testing the new loyalty program in three cities - Phoenix, Kansas City, and Columbus, is likely to launch this program nationwide by 2019.
With a market capitalization of US$12.1b, Chipotle Mexican Grill Inc (NYSE:CMG) is a large-cap stock, which is considered by most investors as a safe bet. Common characteristics for these big Read More...
"Being the official sponsor of the TSM Fortnite house is one way we're partnering with relevant brands to evolve Chipotle into a lifestyle brand," said Chris Brandt, chief marketing officer at Chipotle. From October 4 - 6, Chipotle lovers and Fortnite players can enter the #BurritoRoyale sweepstakes for a chance to play with one of Fortnite's most decorated players, Daequan.
James Marsden, Chipotle's head of food safety, will retire next year. Chipotle has had several very public food-safety problems at its restaurants since 2015. The head of Chipotle Mexican Grill's CMG food safety will step down from his post and retire next year, according to a report by Bloomberg .
Chipotle Mexican Grill announced a pilot loyalty program this week. BTIG believes the burrito chain is finally learning from past mistakes.
Chipotle Rewards is like last year's rollout of queso. It's coming out too late, and it doesn't offer much of an incentive to keep folks coming back. It just doesn't taste as good as you were hoping.
Chipotle shares have been on a tear since announcing a management shakeup in February, sending the stock up more than 80% and leading to more than a dozen analysts upgrades. “The Street's margin expansion assumptions could be difficult to achieve without meaningful sales upside owing to labor headwinds, potential store-level investments and lack of menu-pricing upside," wrote Oppenheimer's Brian Bittner.
NEW YORK, NY / ACCESSWIRE / October 2, 2018 / Chipotle saw its shares fall into the red on a downgrade from Oppenheimer with analyst Brian Bittner writing that Wall Street is too optimistic over the company’s ...
Jim Cramer sits down with Chipotle Mexican Grill CEO Brian Niccol and CFO Jack Hartung to hear about how they're moving on from the chain's past food safety problems.