Chipotle Mexican Grill’s (CMG) “Buy” Rating Reiterated at BTIG Research

BTIG Research reaffirmed their buy rating on shares of Chipotle Mexican Grill (NYSE:CMG) in a research report sent to investors on Thursday,Benzinga reports. They currently have a $45.00 price target on the restaurant operator’s stock.

Other equities analysts also recently issued research reports about the company. Mizuho dropped their price target on Chipotle Mexican Grill from $43.00 to $37.00 and set an “outperform” rating for the company in a research report on Friday, October 23rd. Weiss Ratings upgraded Chipotle Mexican Grill from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, August 7th. Raymond James Financial reaffirmed an “outperform” rating on shares of Chipotle Mexican Grill in a research note on Thursday. Gordon Haskett decreased their price objective on Chipotle Mexican Grill from $42.00 to $36.00 and set a “hold” rating on the stock in a research note on Monday, October 19th. Finally, Argus lifted their price objective on Chipotle Mexican Grill from $40.00 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Twenty-seven research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $42.36.

Chipotle Mexican Grill Stock Up 2.0%

NYSE:CMG opened at $31.89 on Thursday. The firm’s fifty day simple moving average is $33.07 and its 200-day simple moving average is $34.12. The stock has a market cap of $40.35 billion, a PE ratio of 29.80, a price-to-earnings-growth ratio of 1.99 and a beta of 0.96. Chipotle Mexican Grill has a fifty-two week low of $27.31 and a fifty-two week high of $41.42.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings data on Wednesday, October 28th. The restaurant operator reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.02). The firm had revenue of $3.29 billion for the quarter, compared to analyst estimates of $3.29 billion. Chipotle Mexican Grill had a return on equity of 57.05% and a net margin of 10.83%. The business’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.29 earnings per share. Equities analysts anticipate that Chipotle Mexican Grill will post 1.10 earnings per share for the current year.

Insider Transactions at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, insider Matthew R. Bush sold 2,675 shares of Chipotle Mexican Grill stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $35.75, for a total value of $95,631.25. Following the completion of the sale, the insider directly owned 21,415 shares of the company’s stock, valued at approximately $765,586.25. The trade was a 11.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.45% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of CMG. BlackRock Inc. acquired a new position in Chipotle Mexican Grill in the second quarter valued at $4,417,475,000. Arrowstreet Capital Limited Partnership grew its position in Chipotle Mexican Grill by 19.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 16,478,248 shares of the restaurant operator’s stock valued at $527,469,000 after acquiring an additional 2,727,762 shares during the period. Amundi increased its stake in Chipotle Mexican Grill by 23.3% during the first quarter. Amundi now owns 11,980,192 shares of the restaurant operator’s stock worth $383,486,000 after acquiring an additional 2,266,087 shares during the last quarter. Bank of America Corp DE increased its stake in Chipotle Mexican Grill by 86.1% during the first quarter. Bank of America Corp DE now owns 11,973,752 shares of the restaurant operator’s stock worth $383,280,000 after acquiring an additional 5,541,385 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Chipotle Mexican Grill by 30.6% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,845,627 shares of the restaurant operator’s stock worth $368,751,000 after acquiring an additional 2,541,795 shares during the last quarter. 91.30% of the stock is currently owned by institutional investors and hedge funds.

More Chipotle Mexican Grill News

Here are the key news stories impacting Chipotle Mexican Grill this week:

• Positive Sentiment: Third-quarter revenue rose 9.6% year over year to approximately $3.29 billion and comparable sales remained positive for the third consecutive quarter. New menu launches, loyalty offers, digital engagement and improved traffic—particularly among lower-income customers—supported the recovery. Chipotle Q3 Earnings Miss Estimates, Revenues Top, Stock Up
• Positive Sentiment: Management’s planned roughly 3% menu-price increase in the fourth quarter should help offset rising beef, freight and labor costs. Investors also responded positively to Chipotle’s brisket launch, expanding restaurant base, more than 24 million loyalty members and plans to open as many as 385 locations in 2027. Chipotle stock soars after chain reveals menu price increases
• Positive Sentiment: Several analysts still see substantial recovery potential. DA Davidson, Oppenheimer, BTIG and Citigroup maintained bullish ratings or targets implying upside, while buybacks and a perceived price floor near $32 reinforced the rebound thesis. Chipotle’s $32 Floor: Is a Major Stock Rebound Coming?

About Chipotle Mexican Grill

Chipotle Mexican Grill, Inc (NYSE: CMG) operates a chain of fast-casual restaurants focused on Mexican-inspired food. Its menu includes burritos, burrito bowls, tacos, quesadillas and salads, with options such as chicken, steak, barbacoa, carnitas, sofritas and vegetables. The company emphasizes preparing food in its restaurants from ingredients it describes as responsibly sourced, including meats raised with attention to animal welfare and produce from selected suppliers.

Founded by Steve Ells in 1993, Chipotle opened its first restaurant in Denver, Colorado.