Chipotle Mexican Grill [CMG] stock is trading at $59.28, up 1.07%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CMG shares have gain 4.49% over the last week, with a monthly amount glided 5.63%, and 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 August 14, 2024, when Wedbush upgraded its rating to a Outperform and also boosted its price target to $58 from $54. Previously, Evercore ISI reaffirmed its Outperform rating on July 16, 2024, and dropped its price target to $72. On June 13, 2024, Goldman initiated with a Buy rating and assigned a price target of $3730 on the stock. Truist reiterated its Buy rating and increased its price target to $3520 on May 29, 2024. Oppenheimer reiterated its recommendation of a Outperform and raised its price target to $3485 on May 22, 2024. Oppenheimer reiterated a Outperform rating for this stock on April 25, 2024, and upped its price target to $3300.
Chipotle Mexican Grill [CMG] stock has fluctuated between $35.37 and $69.26 over the past year. Currently, Wall Street analysts expect the stock to reach $55.3 within the next 12 months. Chipotle Mexican Grill [NYSE: CMG] shares were valued at $59.28 at the most recent close of the market. An investor can expect a potential drop of -6.71% based on the average CMG price forecast.
Analyzing the CMG fundamentals
Chipotle Mexican Grill [NYSE:CMG] reported sales of 10.66B for the trailing twelve months, which represents a growth of 18.22%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.15.
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 58.78 points at the first support level, and at 58.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 59.69, and for the 2nd resistance point, it is at 60.10.
Ratios To Look Out For
For context, Chipotle Mexican Grill’s Current Ratio is 1.71. As well, the Quick Ratio is 1.68, while the Cash Ratio is 0.77. Considering the valuation of this stock, the price to sales ratio is 7.61, the price to book ratio is 21.90 and price to earnings (TTM) ratio is 58.09.
Transactions by insiders
Recent insider trading involved Garner Curtis E, Chief Customer & Techlgy Ofcr, that happened on Oct 07 ’24 when 15750.0 shares were sold. Officer, BRIAN R. NICCOL completed a deal on Sep 23 ’24 to buy 0.17 million shares. Meanwhile, Officer BRIAN R. NICCOL bought 0.21 million shares on Sep 19 ’24.
