Chipotle Mexican Grill
CMG

$49.83

2.42%

Market Cap: 68.4B

About: Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $9.9 billion in 2023. The Mexican concept is predominately company-owned, although it recently inked a development agreement with Alshaya Group in the Middle East. It had a footprint of nearly 3,440 stores at the end of 2023, heavily indexed to the United States, although it maintains a small presence in Canada, the UK, France, and Germany. Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.

Employees: 116,068

Consumer Discretionary Eating Places

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 83 analysts

0

News positive %

of 126 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

79% more first-time investments, than exits

New positions opened: 195 | Existing positions closed: 109

23% more capital invested

Capital invested by funds: $57.3B [Q4 2023] → $70.7B (+$13.4B) [Q1 2024]

21% more funds holding in top 10

Funds holding in top 10: 24 [Q4 2023] → 29 (+5) [Q1 2024]

16% more repeat investments, than reductions

Existing positions increased: 449 | Existing positions reduced: 388

7% more funds holding

Funds holding: 1,164 [Q4 2023] → 1,250 (+86) [Q1 2024]

2.24% less ownership

Funds ownership: 91.25% [Q4 2023] → 89.01% (-2.24%) [Q1 2024]

35% less call options, than puts

Call options by funds: $4.79B | Put options by funds: $7.32B

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Research analyst outlook

83 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$48

4%

downside

Avg. target

$63

27%

upside

High target

$78

56%

upside

83 analyst ratings

53 positive

64%

30 neutral

36%

0 negative

0%

Guggenheim Gregory Francfort	8%upside $54	Neutral Maintained	26 Jul 2024
Keybanc Eric Gonzalez	32%upside $66	Overweight Maintained	25 Jul 2024
Citigroup Jon Tower	38%upside $69	Buy Maintained	25 Jul 2024
Raymond James Brian Vaccaro	25%upside $62.5	Outperform Maintained	25 Jul 2024
Loop Capital Alton Stump	6%upside $53	Hold Maintained	25 Jul 2024

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Financial journalist opinion

Based on 126 articles about CMG published over the past 30 days

Chipotle CFO expects food costs to 'level off' in near term

Shares of Chipotle Mexican Grill (CMG) are moving towards the downside despite posting a second quarter earnings beat revealing an 18.2% rise in revenue and an 11.1% rise in same-store sales year-over-year. Chipotle CFO Jack Hartung joins Morning Brief alongside Yahoo Finance executive editor Brian Sozzi to discuss the fast-casual chain's earnings, as well as Chipotle's strategies around pricing, new menu items, and incentives to get customers in and out the door with a full stomach.

Chipotle CFO expects food costs to 'level off' in near term

Chipotle Q2 earnings exceeds expectations, analyst says 'expect a lot of growth'

Chipotle (CMG) reported second-quarter earnings, which beat expectations on both the top and bottom lines. BTIG Managing Director and restaurant analyst Peter Saleh shares his thoughts on Chipotle's future on Wealth!

Chipotle Q2 earnings exceeds expectations, analyst says 'expect a lot of growth'

CMG Stock Analysis: Should You Buy Chipotle Following Its Recent Q2 Report?

Emerging as one of the best growth and restaurant stocks, Chipotle Mexican Grill (NYSE: CMG ) continues to gain traction due to its unique menu and in-house operations. In Q1 2024, the company brought in a $2.7 billion revenue.

CMG Stock Analysis: Should You Buy Chipotle Following Its Recent Q2 Report?

Here's What Chipotle Says It's Doing About Those Portion-Size Complaints

Score one for the internet: Fresh-Mex giant Chipotle Mexican Grill (CMG) says it's rededicated to convincing consumers that its bowls and burritos are as big as customers want them to be.

Here's What Chipotle Says It's Doing About Those Portion-Size Complaints

Market Turmoil: 12 Blue-Chips To Buy If The Market Keeps Dropping

The market has been running hot in 2024, with S&P 500 up 13.9% year-to-date. Market experienced its first 2% or more pullback in 356 trading days, yesterday. Investors should be cautious with earnings season in full-swing amidst sky-high expectations and lofty valuations.

Market Turmoil: 12 Blue-Chips To Buy If The Market Keeps Dropping

Chipotle CEO addresses burrito bowl portion sizes after backlash

The CEO of fast-casual Mexican chain Chipotle is now weighing in on the debate around the portion size of its burrito bowls. It's been an ongoing issue.

Chipotle CEO addresses burrito bowl portion sizes after backlash

Chipotle Addresses Negative Feedback On Portions, 9 Analysts Still Cut Forecasts After Better-Than-Expected Earnings Results

Shares of Chipotle Mexican Grill, Inc. CMG tanked in early trading on Thursday, after the company reported its second-quarter results.

Chipotle Addresses Negative Feedback On Portions, 9 Analysts Still Cut Forecasts After Better-Than-Expected Earnings Results

Chipotle earnings surge: Revenue up 18%, but margins under pressure

Chipotle's same store sales grew in the quarter, showing how people are willing to go to restaurants to enjoy a good dining experience.

Chipotle earnings surge: Revenue up 18%, but margins under pressure

Is Chipotle Stock Still a Buy After Earnings?

Chipotle stock is extending its recent slide despite a Q2 earnings beat, leaving some folks to wonder if it's still a buy. Here's what you need to know.

Is Chipotle Stock Still a Buy After Earnings?

Conviction Firms For Chipotle Stock's 25% Share Price Increase

Chipotle Mexican Grill NYSE: CMG was not immune to the broad market sell-off. Still, its operational quality belied the move and proved it was a buy-the-dip opportunity.

Conviction Firms For Chipotle Stock's 25% Share Price Increase

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