At the time of writing, Chipotle Mexican Grill [CMG] stock is trading at $57.83, down -0.81%. 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 2.90% over the last week, with a monthly amount drifted -7.09%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Wedbush upgraded its rating to Outperform on August 14, 2024, and elevated its price target to $58. On July 16, 2024, Evercore ISI reiterated its Outperform rating and revised its price target to $72 on the stock. Goldman started tracking the stock assigning a Buy rating and suggested a price target of $3730 on June 13, 2024. Truist reiterated its recommendation of a Buy and raised its price target to $3520 on May 29, 2024. Oppenheimer reiterated a Outperform rating for this stock on May 22, 2024, and upped its price target to $3485. In a note dated April 25, 2024, Oppenheimer reiterated an Outperform rating on this stock and boosted its target price from $2825 to $3300.
For the past year, the stock price of Chipotle Mexican Grill fluctuated between $46.29 and $69.26. Currently, Wall Street analysts expect the stock to reach $64 within the next 12 months. Chipotle Mexican Grill [NYSE: CMG] shares were valued at $57.83 at the most recent close of the market. An investor can expect a potential return of 10.67% based on the average CMG price forecast.
Analyzing the CMG fundamentals
According to Chipotle Mexican Grill [NYSE:CMG], the company’s sales were 10.98B for trailing twelve months, which represents an 13.01% jump. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.43 and Total Capital is 0.24. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.24.
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 57.20 points at the first support level, and at 56.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 58.34, and for the 2nd resistance point, it is at 58.84.
Ratios To Look Out For
It is important to note that Chipotle Mexican Grill [NYSE:CMG] has a current ratio of 1.62. As well, the Quick Ratio is 1.57, while the Cash Ratio is 0.67. Considering the valuation of this stock, the price to sales ratio is 7.17, the price to book ratio is 21.82 and price to earnings (TTM) ratio is 53.75.
Transactions by insiders
Recent insider trading involved Garner Curtis E, Chief Customer & Techlgy Ofcr, that happened on Jan 07 ’25 when 15750.0 shares were sold. Officer, Curtis E. Garner completed a deal on Jan 07 ’25 to buy 47250.0 shares. Meanwhile, Chief Corp Affairs, Food Sft Schalow Laurie sold 16846.0 shares on Dec 11 ’24.
