|Bid||313.50 x 200|
|Ask||333.99 x 100|
|Day's Range||319.83 - 327.91|
|52 Week Range||295.11 - 499.00|
|PE Ratio (TTM)||68.88|
|Earnings Date||Oct 24, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||354.42|
As fast-food stocks get set to report quarterly earnings, David Palmer, RBC Capital Markets, and Nick Setyan, Wedbush Securities, discuss which stocks to watch.
Yahoo Finance's Seana Smith is tracking Chipotle, Lululemon and GE in intraday trading on Friday.
As popular as queso may be, analysts say Chipotle's new menu addition may not be executed well enough to stabilize margins.
There was a lot going on for the burrito roller in its most recent quarter. Here are the key highlights and what investors should look for in Tuesday's third-quarter report.
Chipotle is set to report earnings on Tuesday, and perhaps surprisingly, the chart is looking better than it has in a long time.
Analysts are bearish about the prospects for Chipotle’s new queso menu addition, with the struggling fast-casual chain getting a number of price target cuts in recent days.
Some big names in food and beverage open the books this week. McDonald’s Corporation (NYSE: MCD ) reports before market open on Tuesday, Oct. 24 and Chipotle Mexican Grill, Inc. (NYSE: CMG ) reports after ...
Major food and beverage companies McDonald’s, Chipotle and Coca Cola report earnings this week. Here’s a look at what might be expected from their quarterly results.
A soft consumer spending environment in the U.S. restaurant space is projected to continue to hurt restaurant companies' Q3 results.
A little over a month ago, Equifax Inc. (NYSE:EFX) was essentially un-ownable. EFX stock has since bounced back from its mid-September low of $89.59 to its current price near $109, and the rebound effort looks like it’s getting its second wind. In short, with the initial shock of the setback wearing off, a few analysts and speculators are suggesting the steep selloff was overdone, deeming Equifax stock a buy after its beatdown.
Nutanix, Akamai Tech, Chipotle Mexican Grill, Boeing and Amazon highlighted as Zacks Bull and Bear of the Day
Customers of Chipotle Mexican Grill Inc. have been criticizing the fast-food chain's new queso cheese-dip on social media since it debuted last month. Now, Wall Street analysts are making the case that ...
Many recent breakouts, such as Apple, Facebook, Google parent Alphabet and Alibaba, have acted like beached whales, clearing buy points but then going nowhere.
At least seven analysts slashed their price targets this week ahead of Tuesday's quarterly report. Like a fly on your burrito, it's not a good sign.
Chipotle Mexican Grill hasn’t had an easy recovery following its 2015 E. coli scandal, and Wall Street isn’t particularly confident about things getting better, at least not in the just-ended quarter. Recall that at the beginning of the third quarter, Chipotle was still making headlines for a food-safety incident at one of its Virginia stores. The company tried to restore momentum by introducing queso, a much requested menu item, in September, but it’s unlikely the new menu addition made much of a difference.
Shares of Mexican-inspired chain Del Taco Restaurants fell 19% in Friday trading, after the company reported better than expected sales and earnings but warned that it’s been feeling some pressure from quick-serve joints that have been offering attractive promotions recently. ”We’re seeing an intensified [quick-service] focus on value right now with particular emphasis on these compelling value bundles that are out there in the marketplace at that $5 price point as well as some of that discounted beverage activity that’s going on,” CEO John Cappasola said during Del Taco’s earnings call Thursday. Meanwhile, investors in Chipotle Mexican Grill’s stock seem to think that Del Taco’s problems are more isolated.
We looked ahead to next week and selected the biggest reports to watch. Make sure to keep an eye on CMG, BA, and AMZN as they prepare to report during the week of October 23
RBC Capital lowered its price target for Chipotle Mexican Grill (CMG) to $330 from $400 on concern about sales, increasing labor costs, the chain’s disappointing queso launch and higher avocado prices. In a note to clients, titled “Worst queso scenario,” analyst David Palmer wrote, “We suspect that recent performance of Chipotle’s SSS initiatives (e.g., queso) and marketing effectiveness is likely to disappoint expectations. Citi upgraded Lululemon (LULU) to a buy from hold and raised its price target on the stock to $73 a share, implying a 21% move to the upside from the stock’s closing price on Thursday.
On today's episode of the Zacks Friday Finish Line, Content Writer Ryan McQueeney and Editor Maddy Johnson take on this week's biggest stories, including the airline industry's reaction to United's earnings announcement, Blue Apron's plan to cut jobs, and a preview of Chipotle's upcoming earnings report.
Bernstein's Sara Senatore and her team check in on restaurants this morning, writing that after the sector notched a big downturn in demand in July, trends have steadily improved (excluding the effects of hurricanes). Investor sentiment has also shifted as restaurants staged a recovery intraquarter, with most stocks regaining ground from their lows in September and earlier this month, while buy-side expectations have increased the most for burger quick-serve restaurants (QSRs).