A share price of Chipotle Mexican Grill [CMG] is currently trading at $55.55, up 2.26%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CMG shares have gain 5.67% over the last week, with a monthly amount drifted -3.48%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Chipotle Mexican Grill [NYSE: CMG] stock has seen the most recent analyst activity on July 16, 2024, when Evercore ISI reiterated its Outperform rating and also revised its price target to $72 from $3600. Previously, Goldman started tracking the stock with Buy rating on June 13, 2024, and set its price target to $3730. On May 29, 2024, Truist reiterated its Buy rating and revised its price target to $3520 on the stock. Oppenheimer reiterated its Outperform rating and increased its price target to $3485 on May 22, 2024. Oppenheimer reiterated its recommendation of a Outperform and raised its price target to $3300 on April 25, 2024. In a note dated April 04, 2024, Argus reiterated an Buy rating on this stock and boosted its target price from $3265 to $3366.
Chipotle Mexican Grill experienced fluctuations in its stock price throughout the past year between $35.37 and $69.26. Currently, Wall Street analysts expect the stock to reach $1390.23 within the next 12 months. Chipotle Mexican Grill [NYSE: CMG] shares were valued at $55.55 at the most recent close of the market. An investor can expect a potential return of 2402.66% based on the average CMG price forecast.
Analyzing the CMG fundamentals
Trailing Twelve Months sales for Chipotle Mexican Grill [NYSE:CMG] were 10.66B which represents 18.22% growth. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.43 and Total Capital is 0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.15.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 54.67 points at the first support level, and at 53.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.28, and for the 2nd resistance point, it is at 57.02.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Chipotle Mexican Grill [NYSE:CMG] is 1.71. In addition, the Quick Ratio stands at 1.68 and the Cash Ratio stands at 0.77. Considering the valuation of this stock, the price to sales ratio is 7.13, the price to book ratio is 20.52 and price to earnings (TTM) ratio is 54.43.
Transactions by insiders
Recent insider trading involved CURTIS E. GARNER, Officer, that happened on Aug 06 ’24 when 17394.0 shares were purchased. Chief Customer & Techlgy Ofcr, Garner Curtis E completed a deal on Aug 06 ’24 to sell 17394.0 shares. Meanwhile, Officer CURTIS E GARNER bought 60239.0 shares on Jul 29 ’24.
