CMG - Chipotle Mexican Grill, Inc.
| Previous Close | 851.54 |
| Open | 856.75 |
| Bid | 801.00 x 800 |
| Ask | 0.00 x 800 |
| Day's Range | 823.15 - 856.75 |
| 52 Week Range | 383.20 - 857.90 |
| Volume | 1,031,754 |
| Avg. Volume | 487,663 |
| Market Cap | 23.04B |
| Beta (3Y Monthly) | 1.13 |
| PE Ratio (TTM) | 93.74 |
| EPS (TTM) | 8.87 |
| Earnings Date | Oct 23, 2019 - Oct 28, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 824.54 |
- Investor's Business Daily
Dow Jones Futures: Stock Market Rally Hits Ceiling; Nike, ServiceNow, Chipotle, Snap, Texas Instruments Are Key Movers
Stock futures: Nike CEO Mark Parker will exit, with ServiceNow CEO John Donahoe stepping in. Chipotle, Snap, Texas Instruments were big earnings movers.
- Thomson Reuters StreetEvents
Edited Transcript of CMG earnings conference call or presentation 22-Oct-19 8:30pm GMT
Q3 2019 Chipotle Mexican Grill Inc Earnings Call
- Investor's Business Daily
Is Chipotle Stock A Buy Right Now? Here's What Earnings, Charts Show
Chipotle stock has rallied back near its 2015 record highs after a stunning comeback. But is it a buy right now? Here is what the fundamentals and technical analysis say about the stock.
- GuruFocus.com
3 Outperforming Restaurant Companies With Increasing Gross Margins
Restaurant stocks to consider as 2 major fast-food chains report earnings Continue reading...
- Yahoo Finance
Chipotle CFO: We are closing in on $1 billion in digital sales
Another savory quarter for Chipotle in the books. Yahoo Finance speaks with Chipotle CFO Jack Hartung.
- Bloomberg
Chipotle Sales Beat Estimates, But Delivery Costs Climb
(Bloomberg) -- Chipotle Mexican Grill Inc., the best performer in the S&P 500 Index this year, is maintaining its torrid pace of growth -- but concerns about the rising cost of wages and delivery are starting to weigh on the company.The key gauge of same-store sales rose 11% in the third quarter -- the ninth straight gain. Analysts had estimated 9.3%, according to Consensus Metrix. The company said it sees full-year comparable sales at the high end of its previous forecast, which is for growth in the high-single digits.Key InsightsChipotle is getting results from digital and delivery, along with increased traditional advertising. The company also has been investing in pick-up shelves to speed up to-go orders. Digital sales increased 88%, the company said.All the growth comes with a price, however. The burrito seller said delivery costs weighed on margins in the quarter, and the higher expense isn’t going away as more diners opt for convenience. While Chipotle is working with DoorDash and Postmates, others are rushing to add delivery, too, making it a hyper-competitive category.Chipotle said its target for new locations this year will be at the low end or slightly below its previous guidance for 140 to 155 stores. Some are being delayed into 2020 because the company is adding pick-up windows.Costs were higher for several ingredients, the company said, highlighting beef in particular. Wage inflation also increased. On a conference call with analysts, Chipotle executives said they see commodity prices stable next year.Market ReactionThe stock fell as much as 1.9% to $815.05 in late trading, reversing an earlier gain. Through the close, Chipotle’s stock has nearly doubled this year.Click here for financial detailsClick here for company statement(Updates share trading and adds bullet on delivery costs.)To contact the reporter on this story: Leslie Patton in Chicago at lpatton5@bloomberg.netTo contact the editors responsible for this story: Anne Riley Moffat at ariley17@bloomberg.net, Jonathan RoederFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Zacks
Chipotle, Snap Top Q3 Expectations, T.I. Misses
Chipotle has put much effort into its Digital platform, and results look to be paying off at this time: up 87.9% from year-ago levels.
- Reuters
UPDATE 3-Chipotle sales beat expectations on new items, digital ordering
Chipotle Mexican Grill Inc reported higher-than-expected quarterly sales on Tuesday, boosted by new menu items and expanded drive-up, delivery and digital ordering options. Chipotle's share price has nearly doubled so far this year, even as the restaurant industry has faced pressure from increasing competition. Chief Executive Brian Niccol, who was brought on board in February 2018, struck a modest tone about the positive news during a call with investors.
- Barrons.com
Chipotle Stock Gains After Chain Beats Earnings Expectations
The burrito purveyor, up more than 90% this year, is rising after reporting third-quarter earnings that came in ahead of consensus expectations.
- MarketWatch
Chipotle stock climbs after earnings beat
Chipotle Mexican Grill Inc. shares rose roughly 2% in the extended session Tuesday after the company beat earnings and revenue expectations.
- Investor's Business Daily
Chipotle Q3 Earnings Top As Rivals Sputter; 'Chipotlanes' Could Slow Openings
Chipotle Mexican Grill reported third-quarter earnings after the close Tuesday that beat expectations, after other chains fell short.
- Benzinga
Chipotle Ticks Higher After Big Q3 Earnings Beat
Chipotle Mexican Grill, Inc. (NYSE: CMG ) shares ticked higher after reporting a third-quarter earnings beat. View more earnings on CMG Adjusted earnings came in at $3.82, beating estimates by 63 cents. ...
- Yahoo Finance
Chipotle beats Q3 earnings expectations
Chipotle reported a beat on the top and bottom lines and crushed same-store sales estimates amid a competitive fast-food environment.
- PR Newswire
Chipotle Announces Third Quarter 2019 Results
COMP SALES ACCELERATE TO 11% WITH NEARLY 7.5% TRANSACTIONS GROWTH NEWPORT BEACH, Calif. , Oct. 22, 2019 /PRNewswire/ -- Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its ...
- Investor's Business Daily
Dow Jones Shows Relative Strength; Chipotle At Buy Point Ahead Of Earnings
The stock market rally petered out in afternoon trading on Tuesday. Chipotle stock hits a key buy point ahead of earnings.
- MarketWatch
Chipotle earnings preview: Avocado prices are moderating and sales of carne asada are strong
Chipotle Mexican Grill Inc. is scheduled to announce its third-quarter earnings on Tuesday and analysts think avocados and carne asada will give the results a boost. Bank of America Merrill Lynch upgraded Chipotle (CMG) stock to neutral from underperform based on more favorable avocado pricing, as well as improved digital platforms that should aid sales. Analysts moved their price target to $850 from $590.
- TheStreet.com
[video]Chipotle Shares Volatile After Earnings Beat Expectations
Shares of Chipotle Mexican Grill Inc. were active in after-hour trading Tuesday after it beat analysts' expectations for revenue, same-store sales and adjusted earnings per share in the third quarter. Chipotle boosted menu prices last year. Chipotle expects store openings near the low end or slightly below its range of 140 to 155 this year.
- Zacks
5 Growth Stock Earnings Charts to Watch This Week
Are growth stocks really on the outs or was the summer's pullback just a temporary break?
- Zacks
The Zacks Analyst Blog Highlights: Chipotle Mexican Grill, Vertex Pharmaceuticals, American Electric Power Company, Verizon Communications and V.F.
The Zacks Analyst Blog Highlights: Chipotle Mexican Grill, Vertex Pharmaceuticals, American Electric Power Company, Verizon Communications and V.F.
- Zacks
McDonald's (MCD) Stock Down on Q3 Earnings & Revenues Miss
McDonald's (MCD) global comps in third-quarter 2019 rises 5.9% driven by positive comparable sales across all segments.
- Investor's Business Daily
Dow Jones Lags Amid McDonald's Sell-Off; Chipotle Nears Entry Ahead Of Earnings
The major stock indexes were sharply mixed early Tuesday, as they approach record highs. But Dow Jones stock McDonald's dove on earnings.
- Benzinga
Tuesday's Market Minute: How Far Can Chipotle Go?
Chipotle Mexican Grill, Inc. (NYSE: CMG ) reports earnings after the market closes today. The stock has been on a tear all year, up over 90% year-to-date. Multiple traders have said they expect the stock ...
- Yahoo Finance Video
Market recap: Tuesday, October 22
Yahoo Finance's Myles Udland and Brian Cheung recap the day's market action.
- Yahoo Finance Video
McDonald's, Chipotle, P&G and Hasbro report earnings
Yahoo Finance's Julie Hyman, Adam Shapiro, Rick Newman and Oliver Pursche - Bruderman Asset Management Chief Market Strategist discuss.
