|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||338.37 - 345.88|
|52 Week Range||263.00 - 499.00|
|PE Ratio (TTM)||66.97|
|Earnings Date||Feb 6, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||324.74|
Shares of Chipotle Mexican Grill (CMG) are higher on Friday, following an upgrade, although analysts aren't particularly bullish on the stock. Let's start with the sort-of good news. Raymond James's Brian Vaccaro and Brandon Sonnemaker raised their rating on Chipotle to Market Perform from Underperform, writing that they don't see material downside risk to 2018 estimates any more. Vaccaro and Sonnemaker also raised their 2018 estimates, given the company's decision to do a third round of menu price increases, along with stabilizing industry trends.
Panera is challenging its competitors to step up their food game. This time, it's targeting the eggs in their breakfast sandwiches.
All eyes are on the bond market this morning as the 10-year Treasury yield creeps above 2.6% toward its post-election high of about 2.62%. There's a school of thought that if that level breaks, yields ...
Hexavest is a Montreal-based institutional investment manager that is 49% owned by Eaton Vance. Being contrarian is Hexavest’s raison d’être. Jean-René Adam, co-chief investment officer, declares in the firm’s introduction video, “When everybody’s bullish on something, we see that as a negative.” One negative that Hexavest is facing is that its U.S. equities investments, which totaled about $8.8 billion on Dec. 31, are trailing the Standard & Poor’s 500 index for every time period when fees are taken into account.
Chipotle Mexican Grill Inc. is giving two of its top executives retention bonuses while the burrito maker searches for a new CEO.
Chipotle Mexican Grill, Inc. today announced that it will host a conference call to discuss fourth quarter and full year 2017 financial results on Tuesday, February 6, 2018 at 4:30 PM Eastern time.
Mobile payments are exploding in the restaurant industry, making it more convenient than ever to order and pay for food. Here are three of the best ways to capitalize on this trend.
Restaurants had a tough year in 2017, but the tide began to turn toward the end of the year, and today Piper Jaffray's Nicole Miller Regan and Joshua Long argue that industry is still investable. For example, Regan and Long write that domestic, company-owned restaurants will benefit from lower tax rates, fuel growth for franchise owners, and should accelerate consolidation in the industry. As such, they expect investors to be willing to pay for performance, and see market share gains for McDonald's (MCD) , Dave & Buster's (PLAY), Starbucks (SBUX), Restaurant Brands (QSR), Shake Shack (SHAK) and Darden (DRI).
DENVER, Jan. 5, 2018 /PRNewswire/ -- Chipotle Mexican Grill (CMG) is now accepting applications for the 2018 installment of its Reading Rewards program. Chipotle Reading Rewards are bookmarks that include free kid's meal cards for younger readers, or buy-one-get-one free entrée cards for teen readers. Educators and librarians may apply for Reading Rewards on behalf of their school or library at chipotle.com/reading through Feb. 28.
Bernstein's Sarah Senatore and her team take a look at restaurants Wednesday, writing that higher inflation and incomes, along with lower taxes, could make 2018 a good year for the group. Senatore writes that restaurants will benefit from "benign but positive" food inflation, as this factor determines how attractive food at home looks vs. eating out (as well as the intensity of price competition in the industry). In addition, signs indicate that wages are rising in the broader market after a long period of stubbornly low wages, which is also good news, as income is key in determining restaurant demand (although of course restaurants are also under pressure on this front, on the push to raise minimum wages for their workers).
As of December 28, 2017, Chipotle Mexican Grill (CMG) was trading at $294.06. On the same day, analysts were expecting the stock to reach $317.26 in the next four quarters,…
For the next four quarters, analysts expect Chipotle Mexican Grill (CMG) to post EPS (earnings per share) of $8.54, which represents 51.4% growth from the $5.64 seen in the last…
Analysts expect Chipotle Mexican Grill (CMG) to post revenue of $4.8 billion in the next four quarters, which represents 9.0% growth from the $4.4 billion seen in the last four…
In this series, we'll look at analysts’ revenue and earnings estimates for Chipotle for the next four quarters. We'll also cover management’s guidance for 2017, the company’s valuation, and analysts’ recommendations....
Not all heroes wear capes. But as it turns out, this one sometimes does. Chipotle Mexican Grill recognized today one of its biggest fans, a Tiffin, Ohio man named Bruce Wayne who has spent the past 426 days enjoying at least one entrée per day from his local Chipotle.