|Bid||454.910 x 2900|
|Ask||455.570 x 1100|
|Day's Range||443.97 - 459.80|
|52 Week Range||247.52 - 530.68|
|Beta (3Y Monthly)||0.69|
|PE Ratio (TTM)||67.59|
|Earnings Date||Feb 6, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||467.96|
CNBC's 'Fast Money Halftime Reports" discuss Morgan Stanley's upgrade of the McDonald's stock. The team is joined by Sarat Sethi of Douglas C. Lane & Associates and Brenda Vingiello of Sand Hill Global Advisors.
Your stocks to watch this week are top growth stocks in the restaurant group: Starbucks stock, McDonald's stock, Wingstop stock, Chipotle and Yum Brands.
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be remiss not to mention that insider sales have Read More...
NEWPORT BEACH, Calif., Dec. 13, 2018 /PRNewswire/ -- Chipotle Mexican Grill (CMG) today announced that its executive leadership team is now complete with the hiring of Roger Theodoredis as the company's chief legal officer and Tabassum Zalotrawala as chief development officer. Both Theodoredis and Zalotrawala will report to Brian Niccol, the company's chief executive officer. Chipotle has welcomed new executive leaders in 2018, beginning with Brian Niccol's appointment to CEO and member of the Board in March of this year.
Among the 33 analysts that follow Chipotle Mexican Grill (CMG), 39.4% recommended a “buy” as of December 10, while 45.5% recommended a “hold” and 15.2% recommended a “sell.” Analysts have given the stock an average target price of $467.96, which represents a fall of 1.5% from its stock price of $475.15.
During a stock market correction, investors should exercise patience and discipline, while focusing on the strongest-performing stocks.
In the first three quarters of 2018, Chipotle Mexican Grill (CMG) posted an adjusted EPS of $7.16—36.4% growth from $5.25 in the first three quarters of 2017. The EPS growth was driven by revenue growth, expanded net margins, and lower weighted-average common shares outstanding due to share repurchases.
Is There More Upside in Chipotle’s Stock Price? The revenue growth was driven by the addition of new restaurants and positive SSSG (same-store sales growth). In the first nine months of 2018, Chipotle opened 97 new restaurants and closed or relocated 42 restaurants, which brought the total restaurant count to 2,463 units—compared to 2,408 restaurants at the end of 2017.
As of December 10, Chipotle Mexican Grill (CMG) was trading at $475.15, which represents a rise of 12.1% since the announcement of its third-quarter earnings on October 25. Chipotle’s stock price was driven by investors’ optimism surrounding its implementation of digital advancements and customer’s positive response to its “For Real” marketing campaign, which started in late September. In the third quarter, which ended on September 30, Chipotle posted an adjusted EPS of $2.16, which beat analysts’ expectation of $2.0.
Fast casual Mexican eatery Chipotle (NYSE:CMG) has been both Wall Street Hero and Wall Street Zero before. From 2012 to 2015, Chipotle stock played the role of Wall Street Hero, as the company was rattling off strong comparable sales quarter after strong comparable sales quarter, margins were rushing to all time highs and the stock was roaring. CMG stock went from hero to zero, and lost well over half of its value during a three year stretch wherein sales, margins and profits fell off a cliff.
While sales building efforts such as menu and digital enhancement are driving Chipotle's (CMG) top line, high costs are a threat to margins.
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. Index (PMI) data, output in the Consumer Services sector is rising.
The company has boosted marketing spending in 2018, notably launching a new ad campaign in the fall—its first major national one since new management took over earlier this year. “The company is increasing Chipotle brand awareness through marketing efforts that today promote brand equity, but with a long-term plan that incorporates calls to action and iconic visual elements,” PiperJaffray analyst Nicole Miller Regan wrote. Regan reiterated an Overweight rating and a $550 price target that is among Factset’s highest, and about 19% above the average.
NEW YORK, Dec. 07, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
An archived webcast will be available approximately one hour after the end of the call. Chipotle Mexican Grill, Inc. (CMG) is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without added colors, flavors or other additives.
"We hope this donation to the United Way's California wildfire recovery efforts helps individuals and families impacted by some of the worst wildfires in our state's history to re-establish their lives and rebuild," said Laurie Schalow, Chief Communications Officer at Chipotle.
Columbus Circle restaurant in NYC to feature five unique holiday window displays made from Chipotle's 51 real ingredients NEWPORT BEACH, Calif. , Dec. 3, 2018 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: ...
BOSTON—Before his first visit to this city last winter, Zachary Jansa, an Illinois history buff who works in a bookstore, researched historical treasures to see. Mr. Jansa, 23 years old, isn’t the only bibliophile who gets heartburn along Boston’s Freedom Trail, which highlights 16 national landmarks, including the Bunker Hill Monument and the Navy ship known as Old Ironsides. Stop No. 7, the red-brick Old Corner Bookstore building that dates to 1718 and is on the National Register of Historic Places, is a burrito chain.
Among the 12 analysts that cover Shake Shack (SHAK), 33.3% recommended a “buy,” 41.7% recommended a “hold,” and 8.3% recommended a “sell.” On average, analysts have set a 12-month target price of $54.55, which represents an upside potential of 6.8% from its current stock price of $50.99.
In the first three quarters of 2018, Shake Shack (SHAK) posted an adjusted EPS of $0.65—38.3% growth from $0.47 in the first three quarters of 2017. The EPS growth was driven by the revenue growth and lower effective tax rate. The growth was partially offset by a decline in the EBIT (earnings before interest and tax) margins. Increased labor expenses, other operating costs, and general and administrative expenses lowered Shake Shack’s EBIT margins during the first three quarters of 2018.
In the first three quarters, Shake Shack opened 17 new company-owned restaurants and 12 franchised restaurants. For 2018, Shake Shack’s management expects its revenues to be $450 million–$452 million. Shake Shack expects to open 33–34 company-owned restaurants and 14–16 franchised restaurants.