|Bid||0.00 x 1100|
|Ask||0.00 x 800|
|Day's Range||475.63 - 488.85|
|52 Week Range||247.52 - 530.68|
|Beta (3Y Monthly)||0.70|
|PE Ratio (TTM)||79.44|
|Earnings Date||Feb 4, 2019 - Feb 8, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||467.96|
If you had 100 shares of MCD stock in 2006, you would have approximately $43,330 today if you opted for Chipotle stock and $18,433 if you decided not to exchange your 100 shares of the Golden Arches. After surging 69% year-to-date through Nov. 12, Chipotle stock appears ready to deliver a second straight double-digit annual return in 2019.
While the rest of the stock market is faltering, restaurant stocks have managed to stay impressively resilient. The S&P 500 dropped meaningfully in October, and currently sits more than 5% off its trailing three-month high. But, the Invesco Dynamic Food & Beverage ETF (OTCMKTS:PBJ) currently sits right around trailing three-month highs, while many individual restaurant stocks are making fresh new all time highs.
Here are some of the companies with shares expected to trade actively in Monday’s session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.
A popular, fast-casual Mexican restaurant is coming to a Triad city. Chipotle will join Academy Sports + Outdoors and Burlington Coat Factory at the new Huffman Mill Commons shopping center in Burlington. Chipotle was listed with Burlington Coat Factory as a "coming tenant" by New South Properties, which is marketing the three-building shopping center just north of Interstate 40 on Huffman Mill Road.
While sales building efforts such as menu and digital enhancement are driving Chipotle's (CMG) top line, high costs remain a potential threat to its margins.
Chipotle Mexican Grill Inc (NYSE: CMG) had a tough couple of years. CMG stock went from one of the hottest new-wave fast-food companies to a struggling behemoth that many were worried wasn’t going to pull out of its nose dive.
As of November 6, of the 33 analysts that cover Chipotle Mexican Grill (CMG), 39.4% favor a “buy,” 45.5% favor a “hold,” and 15.2% favor a “sell.” On average, analysts have set a target price of $467.96, which represents a potential downside of 1.3%.
How Much Upside Is Left in Chipotle’s Stock Price? In the last quarter, Chipotle Mexican Grill (CMG) posted an adjusted EPS of $2.16, which represents 62.4% growth from $1.33 in the same quarter of the previous year. In the following graph, you can see that Chipotle has outperformed analysts’ expectations in four of the last five quarters.
How Much Upside Is Left in Chipotle’s Stock Price? For the next four quarters, analysts expect Chipotle Mexican Grill (CMG) to post revenues of $5.10 billion, which represents 7.5% growth from $4.75 billion in the same four quarters of the previous year. The revenue growth will likely be driven by adding new restaurants and positive SSSG (same-store sales growth).
With a market capitalization of $140.69 billion, McDonald's is one of the world's largest and most recognized food franchises. McDonald's Experience of the Future initiative, which includes implementing self-ordering kiosks and adding delivery options, such as partnering with Uber Eats, aims to position the company for sustainable long-term sales growth. As of Nov. 7, 2018, McDonald's stock has a year-to-date (YTD) return of 6.57% and offers a 2.57% dividend yield.
In the last quarter, which ended on September 30, Chipotle posted an adjusted EPS of $2.16 and outperformed analysts’ expectation of $2.00. The company’s revenues of $1.23 billion were in line with analysts’ expectation. However, Chipotle’s SSSG (same-store sales growth) of 4.4% was lower than analysts’ expectation of 5.0%. The company posted an SSSG in the mid-single digits in July and August. The company’s SSSG declined to the low-single digits in September.