Chipotle Mexican Grill (CMG) Earning Somewhat Critical Press Coverage, Report Finds
News headlines about Chipotle Mexican Grill (NYSE:CMG) have trended somewhat negative on Saturday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Chipotle Mexican Grill earned a media sentiment score of -0.05 on Accern’s scale. Accern also gave news stories about the restaurant operator an impact score of 44.0510054577465 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news stories that may have impacted Accern’s rankings:
- Chipotle Could Learn a Lot From Domino's Outgoing CEO (finance.yahoo.com)
- [$$] Chipotle Pays to Keep Two Executives Past CEO Search (finance.yahoo.com)
- Chipotle paying big bucks to get 2 executives to stick around during CEO transition (finance.yahoo.com)
- Domino’s turnaround CEO to step down in June – Reuters (reuters.com)
- Domino’s retiring CEO says not going to Chipotle – Reuters (reuters.com)
CMG has been the subject of several recent analyst reports. Credit Suisse Group decreased their target price on shares of Chipotle Mexican Grill from $320.00 to $275.00 and set a “neutral” rating for the company in a report on Wednesday, October 25th. Robert W. Baird restated a “hold” rating and set a $340.00 price target (down from $385.00) on shares of Chipotle Mexican Grill in a report on Tuesday, October 3rd. Royal Bank of Canada decreased their price target on shares of Chipotle Mexican Grill from $440.00 to $330.00 and set a “sector perform” rating for the company in a report on Friday, October 20th. Wedbush restated a “hold” rating and set a $290.00 price target on shares of Chipotle Mexican Grill in a report on Wednesday, October 25th. Finally, Goldman Sachs Group restated a “neutral” rating and set a $360.00 price target on shares of Chipotle Mexican Grill in a report on Wednesday, September 20th. Six equities research analysts have rated the stock with a sell rating, twenty-four have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $357.00.
Shares of Chipotle Mexican Grill (CMG) traded up $1.84 on Friday, reaching $327.34. 675,905 shares of the company traded hands, compared to its average volume of 1,200,000. The company has a market capitalization of $9,240.00, a price-to-earnings ratio of 63.44, a PEG ratio of 1.97 and a beta of 0.50. Chipotle Mexican Grill has a 52-week low of $263.00 and a 52-week high of $499.00.
Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings data on Tuesday, October 24th. The restaurant operator reported $1.33 earnings per share for the quarter, missing the consensus estimate of $2.24 by ($0.91). The business had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.14 billion. Chipotle Mexican Grill had a net margin of 3.37% and a return on equity of 11.80%. Chipotle Mexican Grill’s revenue was up 8.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.56 EPS. analysts anticipate that Chipotle Mexican Grill will post 6.58 earnings per share for the current fiscal year.
About Chipotle Mexican Grill
Chipotle Mexican Grill, Inc (Chipotle), together with its subsidiaries, operates Chipotle Mexican Grill restaurants. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. As of December 31, 2016, the Company managed its operations and restaurants based on 11 regions.
Receive News & Ratings for Chipotle Mexican Grill Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chipotle Mexican Grill and related companies with MarketBeat.com's FREE daily email newsletter.